KDEM enters MoU with Goodworks Group to attract fresh investment of ₹5,000 crore in new GCCs; create over 62,000 new jobs
The collaborators are targeting to attract an additional investment of ₹5,000 crore in 50 new GCCs and expanding existing GCCs in the State in the next five years
The Karnataka Digital Economy Mission (KDEM) and GoodWorks Group have signed a Memorandum of Understanding to attract an additional investment of ₹5,000 crore in 50 new Global Capability Centres (GCCs) and expansions in Karnataka over the next five years. The partnership aims to create over 62,500 direct and indirect jobs, generate an annual economic impact of ₹2,250 crore through salaries, and require 1.25 million sq. ft of commercial real estate.
GoodWorks Group and Sansovi GCC will work closely with KDEM to support global investor engagement, organize sector-focused roundtables, facilitate international business delegations, prepare industry research, support policy implementation, build knowledge platforms, strengthen academia-industry partnerships, and promote Karnataka in key international markets.
Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
