HomeNewsIndia to Host Over 620 Global Capability Centres by 2030, Driving $105...

    India to Host Over 620 Global Capability Centres by 2030, Driving $105 Billion Market Growth

    India is poised to host over 620 Global Capability Centres (GCCs) of Forbes Global 2000 companies by 2030, marking a nearly 40% increase from the current 450 companies operating 825 such centres, according to a study by consulting firm ANSR.

    This expansion is expected to boost the talent base at these GCCs by 45%, reaching 1.9 million professionals. Notably, 45% of existing GCCs have expanded their operations across multiple Indian cities. A significant majority are focusing on advanced technologies: 85% on artificial intelligence and data analytics, 80% on cloud computing, 75% on robotics process automation, 70% on digital commerce and cybersecurity, and 45% on emerging technologies like blockchain, augmented and virtual reality, and the Internet of Things.

    This growth underscores India’s evolution from a low-cost outsourcing hub to a critical operational center for global companies, driven by its substantial talent pool and mature offshoring ecosystem. The GCC market in India is projected to reach $105 billion by 2030, up from $64.6 billion in fiscal 2024.

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