The policy combines capital, operating and employment incentives with support for research and development, as Haryana seeks to attract multinational capability centres, including Japanese investments.
Haryana is seeking to attract multinational companies and expand its global capability centre (GCC) ecosystem through the Haryana Global Capability Centre Policy 2026, which offers financial incentives, research and development support and employment-linked benefits for eligible businesses.
The policy, effective from January 1, 2026, is valid for five years and aims to position the state as a destination for next-generation GCCs undertaking technology, engineering and other specialised functions.
According to an analysis by law firm Kochhar & Co, the framework combines capital expenditure support, operating cost reimbursements and employment subsidies, with certain employment benefits available for up to 10 years.
The policy covers multinational companies and group entities establishing captive centres to serve businesses within their corporate groups. Eligible operating structures include build-operate-transfer arrangements, joint ventures and hybrid models. Existing GCCs may also qualify when expanding or diversifying their operations at the same location.
New centres must employ at least 100 people, either on payroll or contract, within three years to meet the principal employment eligibility requirement.
Capital expenditure incentives cover eligible investments in construction, infrastructure, office fit-outs, machinery, equipment, IT hardware and software, and certain renewable energy projects. Land acquisition costs are excluded.
Operating expenditure support includes reimbursement of eligible lease rentals at 75%, subject to a ceiling of 6% of the property's value, alongside provisions relating to electricity duty.
Employment-linked subsidies are calculated according to the proportion of Haryana-domiciled employees, with support available for specified categories.
The policy also places emphasis on research and development activities. Eligible GCCs establishing recognised R&D centres may receive subsidies covering 50% of qualifying capital expenditure.
Additionally, the state provides reimbursement of 50% of eligible R&D operating expenses, capped at ₹2 crore per centre annually for five years.
These incentives are subject to recognition by the Department of Scientific and Industrial Research or the Council of Scientific and Industrial Research and are limited to the first five qualifying R&D centres.
To facilitate investment, the Haryana GCC Mission will provide single-window assistance covering location identification, regulatory guidance and approvals. The framework also includes provisions for three-shift operations and self-certification for certain labour-related requirements.
The policy could be relevant to Japanese companies with existing manufacturing and engineering operations in Haryana. More than 100 Japanese companies reportedly operate GCCs across India, although their presence remains smaller than that of American and European multinational firms.
Haryana's established industrial relationships with Japanese businesses may provide a foundation for additional investments in engineering, product development and technology-focused centres.
The framework aligns with the Make in Haryana Industrial Policy 2026, linking the state's manufacturing ecosystem with its efforts to attract higher-value business and technology operations.
The policy outlines available incentives and eligibility conditions, but its impact on investment and employment will depend on subsequent project approvals and implementation.
Based on the October 12, 2026 analysis by Kochhar & Co published in India Business Law Journal. The source describes the policy's provisions, not confirmed new investments or employment outcomes.
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