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 the country host to more than half of the world's GCCs.

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.

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…

Finance Minister Nirmala Sitharaman emphasizes India's ambition to lead in next-gen technologies and urges stronger ties between industries and governments.

Rajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY), said India's GCC (global capability…

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.…

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…

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,…

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…

India's GCC sector is maturing, with nearly 500 centres plateauing in relevance despite rapid establishment growth.