Such smaller GCCs now make up about 27% of the country's total GCC ecosystem
Maddee Hegde, executive vice president and head of the company's business process service (BPS) and GCC units, told Business Standard in an interaction-Coforge is focusing in its core verticals
Last month, Titan also announced that its has signed an agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas jewellery business in the GCC region
The key problem, say tax experts, lies in the classification of GCCS and what they do: while tax authorities look at the share of operational work done in India
The centre will initially employ 1,000 people and scale up eventually
The deeper question, however, is whether India's human capital is prepared for a shift up the value chain
With stronger growth in India than in other markets, MongoDB is expanding its local engineering teams and training programmes to drive adoption across startups and global firms
Strong demand from Global Capability Centres and flexible office spaces drove India's office leasing to a record 48.9 million sq ft in the first half of 2025
Finance Minister Sitharaman says the Centre will offer tax, legal and administrative support to boost GCCs in India and guide states to develop hubs in tier 2 cities
She said that with GCCs expanding into engineering, artificial intelligence, and emerging tech, there was a need for specialised courses to be brought in
Patchy infra and thin talent pool stall plans to shift beyond metros
They are not just cutting down drug development time, but also the cost involved in it. AI is reshaping how drugs and therapies are developed
With agentic AI and automation, enterprises are now targeting topline growth over just cost savings, says Automation Anywhere, as adoption spreads beyond GCCs
India's trade with West Asia is crucial, considering that apart from Russia, it imports crude oil from Iraq, United Arab Emirates (UAE) and Saudi Arabia
Experts warn current trajectory could make several centres unsustainable
GCCs in India face rising attrition and a shrinking entry-level workforce as mid-senior roles grow, prompting a need for deeper investment in employee engagement
Only 8 per cent of Global Capability Centres (GCCs) have advanced significantly across the three dimensions key to enterprise value innovation, competitive differentiation and operational efficiency, a new report from Boston Consulting Group (BCG) said. India, the US, and Mexico emerged as the most balanced GCC ecosystems, with India uniquely combining scale, innovation, and efficiency, it said. The report called for a step-change in how organisations structure, invest in, and activate their GCCs, not just as support engines, but as core drivers of innovation, AI adoption, and business outcomes. While GCCs are evolving rapidly in scope and ambition, the majority remain focused on delivery execution, under-utilising their potential to act as capability hubs powering enterprise-wide transformation. "A new report from Boston Consulting Group (BCG), 'Rewriting the Global Capability Center Playbook: Scaling Maturity with AI', finds that only 8 per cent of GCCs have advanced significant
The new business line, named Origint, will provide end-to-end services to help GCCs set up, scale, and operate high-performance centres across India and key international markets
Deepseek says that in 2023 Asean countries exported goods worth $416 billion to China and imported goods worth $495.7 billion from them
Jain explained that the GCCs' increased leasing in India has to do with the quality of talent, skill availability, and the possible cost arbitrage in India