Andhra Pradesh Information Technology (IT) & Global Capability Centers (GCC) Policy (4.0) 2024 - 2029
The policy targets IT firms, Global Capability Centers (GCCs), and workspace developers to boost employment and infrastructure in Andhra Pradesh. Key incentives include a 50% capital subsidy on capex, rental subsidies up to 24 months, job creation subsidies up to ₹3 Lakh per employee, and power tariff discounts of ₹1/unit. Benefits are performance-linked and valid for a 5-year operative period.
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