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With 40+ years of experience and 1000+ businesses served across diverse industries, we continue to drive innovation, efficiency, and sustainable growth for organizations worldwide.
We're a leading provider of essential business services to support the global progress of companies and funds.
Here at IMC, our purpose is progress. Learn more
Be in the know with our latest news, insights and analysis
Our Board and Executive Leadership Team
Find out what makes our business and our brand tick
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Not too long ago, setting up a global capability center in India was largely a cost decision. Companies prioritized operational efficiency. They wanted access to talent at scale. Organizations also sought support functions that could help global teams work more effectively.
Today, the equation looks very different. Executives evaluating India are no longer asking whether they can reduce costs. The question today is whether they can build capability here. Although the shift is subtle, it’s an important one.
Once businesses examine the evolving GCC environment in India, they realize that the role of these centers has evolved significantly from what it was a decade ago.
Currently, over 2,100 GCCs in India employ around 2.36 million professionals. In FY 26, these centers generated close to $100 billion in aggregate revenue. What’s remarkable isn’t just the scale. It’s how quickly that scale has arrived. Industry projections once expected that these figures would be achievable around 2030. Instead, the market got there much sooner.
(Source – https://www.businesstoday.in/technology/news/story/the-big-boom-how-indias-gcc-story-hits-2030-target-4-years-early-530265-2026-05-07)
This acceleration reveals that global companies aren’t expanding their presence in India because it’s familiar. They’re expanding because the business case keeps getting stronger.
One of the biggest misconceptions about GCCs is that they still function primarily as support hubs. Today, teams in India are engaged in a wide range of activities. They are:
They are also engaged in making decisions that have a direct impact on business outcomes across multiple regions. That’s a far cry from the transactional work GCCs were once associated with.
In fact, some of the newest entrants are being established with a completely different mindset. They are being designed as AI-first operations from the first day. Their purpose isn’t simply to execute instructions from headquarters. It’s to create, innovate, and contribute strategically. This change has transformed how global leadership teams perceive India today.
Every market talks about talent. India continues to back that priority with scale. But what’s interesting is that the question has moved beyond headcount. Five or ten years ago, businesses wanted assurance that they could hire thousands of people. Today, most leaders already know that talent volume isn’t an issue. The questions they’re asking are more targeted. These include:
These are important questions as businesses find themselves under pressure to move faster than before.
Fortunately the GCC environment in India has matured along with these expectations. Between the technology services sector, startups, multinational corporations, research institutions, and existing GCCs, organizations have access to one of the deepest talent pools anywhere in the world. This advantage continues to attract investment.
For years, Bengaluru was the first choice for establishing a global capability center in India. While the city continues to be the largest GCC hub in the country, the growth trajectory is becoming much broader.
For financial services and banking organizations, Hyderabad is now an emerging destination. New investments are also pouring into other cities.
Interestingly, the growth is visible from both directions. On one side, new GCCs are entering the market. On the other, existing ones are expanding their mandates and increasing their headcounts. They are also taking on more strategic responsibilities. The momentum created as a result of this combination is worth understanding.
| City | Current Position in India’s GCC Market | Key Growth Drivers | Business Trend |
|---|---|---|---|
| Bengaluru | Largest and most established GCC hub | Mature business environment, deep talent availability, strong technology presence | Existing GCCs expanding scope, leadership roles, and global responsibilities |
| Hyderabad | Fast-emerging destination, especially for financial services and banking | Skilled workforce, business infrastructure, growing enterprise investments | Increasing setup of new GCCs and expansion of strategic functions |
| Chennai | Growing GCC location with strong operational and technology capabilities | Engineering talent, enterprise support functions, digital operations | New investments and broader delivery mandates |
| Pune | Expanding GCC footprint across industries | Technology talent, business services capability, established corporate presence | Growth in headcount and wider business ownership |
| Mumbai | Important hub for finance-led and corporate GCC operations | Financial services concentration, leadership and commercial functions | Increasing focus on decision-making and business ownership |
| Delhi | Emerging location for diversified GCC operations | Large talent pool and proximity to corporate headquarters | Entry of new GCCs and expansion into strategic functions |
Every successful center strengthens the ecosystem around it with:
Global businesses are undergoing a significant change:
In such a scenario, decisions related to location are more important than ever. A significant number of organizations are considering India because it offers a market that offers talent, capability, maturity, and scalability in one place. That’s precisely why India is becoming a central hub for global business operations. The evidence is visible in the investment decisions being made by multinational organizations in the country. India is no longer playing a supporting role in global growth strategies. In many cases, it is becoming a priority for them.
For companies exploring their next phase of expansion, the opportunity is no longer limited to establishing a presence. It’s about building a global capability center that can contribute significantly to innovation, growth, and long-term success for businesses.
Organizations looking to set up their GCC in India often consult IMC for a comprehensive strategy. The professionals assist businesses in evaluating their approach and offer valuable guidance to put them on track. The companies achieving the greatest success are not treating India as an extension of their business, but an integral part of the organization. It’s that distinction that defines the momentum GCCs have created in India.
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