look news india
Lucknow, 26 October. Under the leadership of Chief Minister Yogi Adityanath, an important initiative was taken in the Uttar Pradesh GCC Innovation Summit-2026 held in Lucknow towards developing Uttar Pradesh as a major hub of Global Capability Centers (GCC). During the summit, 15 MoUs were signed with GCC companies and talent development partners, Letters of Comfort were issued to five investors and MoUs were exchanged with 13 leading educational institutions. These partnerships are expected to boost investment, innovation, skill development and high-value employment opportunities in the state.
The Alumni Association of Indian Institute of Technology (IIT) Kanpur in collaboration with Invest UP and HCL Tech organized the conclave at Hotel The Centrum. Industry representatives, policy-makers, investors and technology experts discussed investment opportunities in artificial intelligence, digital transformation, innovation and global business services.
Letters of comfort were issued to Havells India Limited, Ameriprise India LLP, MetLife Global Operations Support Center Private Limited, LG Soft India Private Limited and WSP Consultants India Private Limited at the conference. The process of approval and issuance of formal letter by the Industrial Development Minister of Uttar Pradesh Government regarding WSP Consultants India Private Limited is still pending.
The conference signed agreements with leading companies including EY GDS, AML RightSource, Computacentre, MetLife, DSV, DAMAC, Altruist and Smartworks. Their objective is to establish new global capacity centers in the state and expand existing operations. Smartworks is setting up two dedicated campuses in Lucknow.
At the same time, Paytm, Amazon Web Services (AWS), Barclays, IBM and Naukri have partnered to collaborate in training and skill development programs to prepare a skilled workforce as per the needs of the future. Paytm signed two MoUs under this initiative. These agreements emphasized on increasing investment in the global competence center area, encouraging innovation and creating new employment opportunities for the youth.
The conference included participants from Indian Institute of Technology (IIT) Kanpur, IIT Roorkee, Indian Institute of Management (IIM) Lucknow, IIT (BHU) Varanasi, Aligarh Muslim University, Shiv Nadar University, Motilal Nehru National Institute of Technology (MNNIT) Allahabad, University of Lucknow, Indian Institute of Information Technology (Triple IT) Allahabad, Triple IT Lucknow, Deendayal Upadhyay Gorakhpur University, Amity University and Dr. APJ Abdul MoUs were exchanged with Kalam Technical University. The objective of these partnerships is to strengthen collaboration between academic institutions and industry, prepare students for industry needs and promote research, innovation and skill development.
The seven thematic sessions held at the conference discussed topics such as investment location selection for global competence centres, artificial intelligence based operations, product-centric innovation, collaboration with innovators, role of universities and skills of the future. Experts shared their views on developing talent to suit the changing needs of global companies and strengthening product development and research capabilities in India.