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India likely to see at least 30 GCCs with billion-dollar revenue this year
Data from Pune-based consultancy Wizmatic shows that there were about 24 GCCs with annual revenue of more than $1 billion in FY24; that number is expected to grow by five or six more such players
 "global capability centres, GCC")
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Some other companies which are close to the elusive billion-dollar mark and may cross the line this year are Adobe, Salesforce, and US healthcare company Optum. | File Photo
The number of global capability centres (GCC) with revenue of more than $1 billion is expected to hit about 30 this year, up from 24 a year earlier, indicating the growing importance of such organisations in India’s technology landscape.
Data from Pune-based consultancy Wizmatic shows that for the financial year ended March 31, 2024, there were about 24 GCCs with annual revenue of more than $1 billion. This included big banks such as JP Morgan, Wells Fargo, Citicorp, Barclays, HSBC Software, Standard Chartered, and Bank of America.
The number of GCCs with a billion dollars in annual revenue - mainly
