India remains most preferred destination for GCCs: report

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NEW DELHI: India instructions over 50% of the Global Capability Centres, and it remains the most preferred destination to arrange such GCCs, a report by enterprise consulting firm ANSR stated on Friday. ANSR Global is a consulting agency that allows organisations to construct and handle groups via Global Capability Centres. The firm has established over 110 Global Capability Centres, utilizing 12 million sq ft of workplace house and employs over 1.2 lakh individuals.
According to the quarterly report launched on Friday, India instructions over 50% of the GCC market with a mixture of distinctive expertise and a strong startup system, and the nation remains the most preferred destination to arrange a GCC.
The examine additionally revealed that just about 80% of GCCs have been directing their concentrate on Artificial Intelligence, Machine Learning, and Data Analytics.
“We are witnessing a transformative shift in the Global Capability Centres landscape, with a strong focus on digital capabilities such as AI/ML, analytics, and cyber security driving unprecedented growth,” stated ANSR co-founder Vikram Ahuja. As per the findings, Bengaluru and Hyderabad have solidified their presence in GCCs with 30% and 19%, respectively adopted by Delhi 15%, Mumbai 12%, Pune 10%, and Chennai 9%. As companies intention to leverage India’s expert workforce and beneficial financial situations, the GCC sector, valued at $46 billion, is forecast to surge to $110 billion by 2030, it stated.
This development trajectory is predicted to make use of over 4.5 million professionals throughout 2,400 Global Capability Centres. businesses