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India's GCC ecosystem set to hit $100 billion by 2030: report

Economic TimesEconomic Times Ā· 3m
India's GCC ecosystem set to hit $100 billion by 2030: report

The global capability center (GCC) landscape in India is experiencing significant growth, projected to reach $100 billion by 2030 and employ over 2.5 million professionals. Currently, India hosts over 1,700 GCCs generating $64.6 billion in annual revenue and employing over 1.9 million professionals. The report highlights that 70% of mid-sized corporations consider their Indian GCCs crucial for strategic innovation. The study also reveals that engineering, research and development-focused GCCs are growing faster than the overall rate, indicating a shift towards high-value capabilities. Furthermore, the report projects increased investment in AI and cybersecurity training by GCCs in the coming years.

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