Will India's GCC Sector Surpass $105 Billion by 2030?
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Synopsis
The Global Capability Centres in India are on track to reach $105 billion by 2030, driven by policy initiatives and skilled talent. This growth signifies India's rising stature as a global hub for enterprise capabilities, marking a significant shift from traditional roles to advanced strategic functions.
Key Takeaways
- GCCs in India are projected to reach $105 billion by 2030.
- Currently, over 1,700 GCCs employ more than 1.9 million professionals.
- Focus areas include engineering R&D, AI, cybersecurity, and semiconductors.
- Government policies are crucial for GCC growth.
- Global roles in GCCs are expected to surge to over 30,000 by 2030.
New Delhi, Dec 11 (NationPress) The Global Capability Centres (GCCs) in India are set to achieve a remarkable $105 billion by 2030, driven by a shift towards high-value research and development, bolstered by government initiatives and skilled talent, as per the latest government data released on Thursday.
Currently, India is home to over 1,700 GCCs that collectively generated $64.6 billion in FY24, employing more than 1.9 million professionals, which is a significant increase from $40.4 billion in FY19, reflecting an annual growth rate of 9.8 percent, according to an official statement.
The number of GCCs is anticipated to rise to 2,400, creating opportunities for over 2.8 million professionals, further establishing India as a prime choice for global enterprise capabilities.
GCCs serve as offshore units established by companies to provide a range of services for their parent organizations.
These centres are primarily located in Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and the National Capital Region. They are increasingly involved in engineering research and development, artificial intelligence, cybersecurity, and semiconductor projects, with engineering research GCCs growing 1.3 times faster than overall setups.
India contributes approximately 28 percent of the global STEM workforce and 23 percent of the global software engineering talent, as noted in the statement. Additionally, global roles in this sector are expected to increase from 6,500 to over 30,000 by 2030.
The country’s emergence as a global hub for GCCs is attributed to a comprehensive strategy encompassing infrastructure, innovation, talent development, and supportive policies, as highlighted in the statement.
Key policy measures that have fueled this growth include the Gen-Next Support for Innovative Startups (GENESIS), reforms in Special Economic Zones, tax incentives, and streamlined single-window clearances.
Initiatives such as Skill India, Digital India, and Future Skills Prime are enhancing the digital capabilities of India’s workforce.
The Economic Survey 2024–25 has observed GCCs transitioning from conventional back-office functions to strategic hubs for sectors like aerospace, defense, and advanced manufacturing.
As GCCs evolve from mere support units to strategic nerve centers, India is well-positioned to influence the future of enterprise. The transition from service-oriented roles to strategic responsibilities is not only in progress but accelerating, as emphasized in the statement.
Point of View
The growth of Global Capability Centres in India reflects a strategic alignment of government policies with market demands. As these centres evolve, they not only enhance India’s economic landscape but also position the country as a key player in the global technology arena. This transition is vital for sustaining innovation and job creation in the coming years.
NationPress
12/12/2025
Frequently Asked Questions
What are Global Capability Centres?
Global Capability Centres (GCCs) are offshore units set up by companies to provide various services for their parent organizations, including research and development.
How many GCCs are currently in India?
India currently hosts over 1,700 GCCs, which are projected to increase to 2,400 by 2030.
What is the expected growth in employment in GCCs?
Employment in GCCs is expected to grow from over 1.9 million to more than 2.8 million professionals by 2030.
What are the key sectors that GCCs are focusing on?
GCCs in India are increasingly focusing on engineering R&D, artificial intelligence, cybersecurity, and semiconductor work.
What government initiatives are supporting GCC growth?
Key government initiatives include the GENESIS program, Special Economic Zone reforms, tax incentives, and skill development initiatives like Skill India.
