Mangaluru witnessed acquisitions and investments totalling approximately $240 million in the Global Capability Centre (GCC) and technology sectors in the past over four years, according to Mangaluru Data Centre Feasibility Study-2025.
The study, a joint initiative of Karnataka Digital Economy Mission (KDEM), Silicon Beach Program (SBP) of Mangaluru and Deloitte India, said that a recent report by the Union government’s Software Technology Parks of India (STPI) estimated that India’s GCC market is expected to reach $110 billion by 2030. “GCCs, particularly in the BFSI (Banking, Financial Services and Insurance) sector, which is a stronghold of Mangaluru, will have a strong focus on RegTech (Regulatory Technology) and FinTech (Financial Technology), along with AI-powered automation, which will emerge as major demand drivers for data centres in Mangaluru,” the study report released on December 26 said.
Several global firms are rethinking their approach to building global capabilities, and nano-GCCs have emerged as one of the key strategies. Mangaluru is also central to the growth of nano-GCCs in India, which focus on value creation and deep research and development, the report said.
An analytics firm, AIM, has pegged Mangaluru as one of the eight rising GCC spots in emerging cities in India, driven by access to skilled talent, higher retention rates, and a favourable business environment, it said.
