Episode 16: India’s GCC Sector: From Cost Arbitrage to Innovation Powerhouses
India’s Global Capability Centres (GCCs) are transforming into strategic innovation hubs driven by AI and digital technologies. With the sector poised to contribute $200 billion to the economy by 2030,…
India’s Global Capability Centres (GCCs) are transforming into strategic innovation hubs driven by AI and digital technologies. With the sector poised to contribute $200 billion to the economy by 2030, creating millions of jobs, India’s talent pool, infrastructure, and ecosystem are key drivers of this growth.
Key Takeaways
– GCC Evolution: GCCs are shifting from cost arbitrage to innovation hubs, leveraging India’s strengths to drive innovation and create value.
– Economic Contribution: India’s GCC sector is expected to contribute $200 billion to the economy by 2030, creating millions of jobs.
– Growth Drivers: India’s talent pool, infrastructure, and ecosystem are driving the growth of GCCs.
– Innovation Hubs: Bengaluru and Hyderabad are dominant hubs, hosting over 200 GCCs and employing more than 560,000 professionals for Fortune 500 enterprises.
– AI and Digital Innovation: GCCs are adopting AI and digital technologies to drive innovation and redefine global businesses.
Tune in to know more!
