Why India continues to attract demand for global capability centres

The global business services ecosystem (GBS), or the global capability centres (GCC), has matured with more than 10,000 centres worldwide.

According to a BCG study, India currently has over 1,500 global capability centres, with 300-500 to be added over the next five years. In the past three years, over 140 GCCs were built, said a recent Nasscom report.

With continued cost advantage, the demand for GCCs has gone up. Snehil Gambhir, partner & director, transformation at BCG India, points out two distinct reasons for the growth.

"There are two reasons for the demand. The first is made by players who