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Why India continues to attract demand for global capability centres

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

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4 min read Last Updated : Oct 12 2022 | 7:43 PM IST

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

Topics : Artificial intelligence Indian companies Indian Employees Indian start-ups IT sector Indian investments into GCC BCG-CII report India climate Centre of Excellence

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