Skip to main content

🔍 India’s Next GCC Boom: Why It Needs a Sharper Push Now

 








India has become a rising star in the world of Global Capability Centres (GCCs) — home to over 1,800 GCCs, contributing significantly to digital innovation, R&D, AI, and global business services. But to fuel the next wave of growth, the country needs more than just momentum — it needs smarter policies, deeper coordination, and futuristic education reforms.

🌐 What’s Fueling India’s GCC Success?

According to Anuradha Thakur, Secretary of the Department of Economic Affairs (DEA), India’s rise as a global GCC powerhouse has been powered by:

  • Strong digital and physical infrastructure

  • Reforms in taxation, compliance, and approvals

  • A vast and young talent pool (median age 28)

  • The Digital India mission and sustained government support

These combined efforts have positioned India as a preferred destination for global enterprises setting up capability centers — particularly in Bangalore, Hyderabad, and Chennai.

📍 Karnataka, Tamil Nadu & Telangana: Models of Early Success

States like Karnataka, Tamil Nadu, and Telangana have emerged as GCC magnets. Thakur pointed out the importance of studying these states to understand which early decisions in infrastructure, education, and policy helped them attract global players.

"Should we replicate these models or improve them further? Maybe both," she noted at the CII GCC Business Summit.

🎓 Skilling & Education: The Real Gamechanger

India produces 2.1 million STEM graduates annually, with 35% women contributing to the digital workforce. Yet, curriculum reform is now urgent.

Thakur called for:

  • Introducing specialized engineering courses in ITIs

  • Aligning college training with industry needs

  • Faster rollout and promotion of schemes like the PM Internship Programme

Despite the potential of such schemes, Thakur revealed that slow decision-making has delayed industry adoption — a gap that needs to be fixed swiftly.

🏙️ GCCs Must Look Beyond Metros

Metro cities have led India's GCC growth. But now, it's time to think beyond Bengaluru or Hyderabad.

“There are Tier-2 cities with great human resources but few GCCs. With proper infrastructure, these can be cost-effective, competitive hubs,” she said.

State governments must step up with better support to decentralize tech growth and open new gateways of opportunity.

🌍 GCCs From Beyond the US: A New Opportunity

India’s current GCC ecosystem is largely driven by US-based companies. But as more businesses from Europe, Southeast Asia, and the Middle East explore India, global outreach and investment attraction need to become a top priority.

Government and industry must now collaborate on:

  • Strategic international promotion

  • New investor-friendly policies

  • Public-private partnerships for digital growth

🧠 Final Thoughts

India stands on the brink of a GCC revolution 2.0 — but it will take bold steps to sustain and accelerate this journey. Whether it’s curriculum upgrades, faster internships, or spreading the tech ecosystem to new cities — the path ahead needs intentional action, not just admiration of past success.

Let’s hope India doesn’t just ride the current wave — but builds the next one.

Labels:

Comments

Post a Comment

Popular posts from this blog

“PM Modi’s Early Push for GST Reforms: What the New Two-Slab Structure Means for Consumers & Businesses”

PM Modi Sought GST Reforms 8 Months Ago: What It Means for You – PingPatrika Analysis Finance Minister Nirmala Sitharaman , in an exclusive conversation with Network18/CNN-News18, said Prime Minister Narendra Modi had urged a comprehensive rethink of the Goods & Services Tax (GST) nearly eight months ago . That early push, she noted, shaped the latest decisions of the 56th GST Council meeting —from rationalising slabs to easing compliance for small businesses and reducing rates on everyday essentials. The Big Picture PM’s brief: Simplify GST for common people and small businesses, cut unnecessary complexity, and respect honest taxpayers. FM’s follow-through: Workstreams began months ago; proposals matured around the Budget; were refined after subsequent developments; and were placed before the Council. Council outcome: A historic move towards a dual-rate GST , sharper focus on essentials, and a clearer path for “sin & luxury” goods. What Exactly Did the PM ...
Post a Comment
Read more

Lokah Chapter 1: Chandra' Movie Review: Promising World-Building Hampered by Cliches

'Lokah Chapter 1: Chandra' Movie Review: Promising World-Building Hampered by Cliches 'Lokah Chapter 1: Chandra' Movie Review: Promising World-Building Hampered by Cliches Superhero thrillers in Malayalam are rare to come by, but after the phenomenal success of 'Minnal Murali' , the genre had somewhat disappeared. Now, director Dominic Arun has revived it with 'Lokah Chapter 1: Chandra' , a film that combines Malayalam folklore with the superhero genre. But does it manage to create a lasting impact? Let’s find out! The Story & Characters 'Lokah Chapter 1: Chandra' follows the story of Chandra (played by Kalyani Priyadarshan), a mysterious woman with superpowers. She arrives in Bengaluru on a mission linked to the underworld of organ trafficking. The city is facing a series of missing persons' cases. Chandra, who takes up a bakery job, soon becomes the center...
Post a Comment
Read more

Julia Roberts Defends MeToo-Themed Film 'After The Hunt' at Venice Film Festival

Julia Roberts Defends MeToo-Themed Film 'After The Hunt' at Venice Film Festival Julia Roberts Defends MeToo-Themed Film 'After The Hunt' at Venice Film Festival Actor Julia Roberts defended her #MeToo-themed crime-thriller 'After The Hunt' at the Venice International Film Festival. She responded to questions about whether the film undermines the feminist movement and sparked debate about misconduct. Roberts Addresses Questions on Feminism and Complicity At the press conference, Roberts, alongside director Luca Guadagnino, shared her thoughts on the movie's provocation. "I don't think it revives an old argument of women being pitted against one another," Roberts said. She emphasized that the film's purpose is to ignite conversation, stating, "Not everything is supposed to make you feel comfortable." The movie challenges societal perceptions around mi...
Post a Comment
Read more