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Sitharaman urges India to move beyond GCC hub status, target 5,000 centres by 2030
India seeks to lead global innovation and enterprise development in the coming decade. The finance minister outlined a five-point strategy to achieve this ambitious goal. Companies must move up the value chain and create significant intellectual property. Expanding GCCs into tier-two and tier-three cities is also a key objective. Industry will collaborate with governments to foster this technological transformation.
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newsbytesapp.com
India now hosts half of world's GCCs: CEA Nageswaran
India now hosts over 2,000 Global Capability Centers (GCCs), employing 2 million professionals and generating $60 billion in revenue, marking a transformative shift in two decades.
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economictimes.indiatimes.com
India’s GCC sector enters AI-Led growth phase: CEA Nageswaran explains
India’s Global Capability Center (GCC) sector has emerged as one of the country’s biggest economic success stories, evolving from back-office operations into global hubs for…
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thehindubusinessline.com
India aspires to shape next-generation technologies, products, enterprises, says Sitharaman
Finance Minister Nirmala Sitharaman emphasizes India's ambition to lead in next-gen technologies and urges stronger ties between industries and governments.
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Tier 2 cities emerge as next frontiers for India's growing GCC ecosystem
Rajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY), said India's GCC (global capability…
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Sitharaman urges India to move beyond GCC hub status, target 5,000 centres by 2030
India seeks to lead global innovation and enterprise development in the coming decade. The finance minister outlined a five-point strategy to achieve this ambitious goal.…
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timesofindia.indiatimes.com
Centre looks to tap more global giants for GCCs
NEW DELHI: India is planning to tap into the growing global capability centre (GCC) market to make itself indispensable to the world's knowledge economy, as finance minister…
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'The world's largest organised knowledge export happens from India': FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said India has become a major destination for Global Capability Centres (GCCs), highlighting the country's role in technology, research,…
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yourstory.com
India aims to become strategic leader in hosting GCCs: Sitharaman
Addressing the CII GCC Business Summit 2026, Sitharaman said from one new GCC being set up every week in 2024, India, on an average, now sees one such addition every day, making…
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India’s GCC boom faces maturity test
India's GCC sector is maturing, with nearly 500 centres plateauing in relevance despite rapid establishment growth.