A report released by business consulting firm ANSR on Friday, last week highlighted India’s dominant position in the Global Capability Centers (GCC) market, commanding over 50 percent share and retaining its status as the preferred destination for establishing such centers.
ANSR Global specializes in enabling organizations to establish and manage teams through Global Capability Centers, having set up over 110 such centers, utilizing 12 million square feet of office space, and employing over 120,000 individuals.
The quarterly report underscores India’s supremacy in the GCC sector, attributing its success to a combination of unique talent and a thriving startup ecosystem. Additionally, the study revealed that approximately 80 percent of GCCs are prioritizing Artificial Intelligence, Machine Learning, and Data Analytics.
Vikram Ahuja, Co-founder of ANSR, noted, “We are witnessing a transformative shift in the Global Capability Centers landscape, with a strong focus on digital capabilities such as AI/ML, analytics, and cybersecurity driving unprecedented growth.”
Bengaluru and Hyderabad have emerged as leading locations for GCCs, accounting for 30 percent and 19 percent respectively, followed by Delhi (15 percent), Mumbai (12 percent), Pune (10 percent), and Chennai (9 percent).
With businesses seeking to capitalize on India’s skilled workforce and favorable economic climate, the GCC sector, currently valued at USD 46 billion, is projected to reach USD 110 billion by 2030, according to the report. This growth trajectory is expected to create employment opportunities for over 4.5 million professionals across 2,400 Global Capability Centers.
