India’s Global Capability Centres (GCCs) are poised to play a pivotal role in driving the country’s economic surge toward a $10 trillion GDP by 2035. According to Gunjan Samdani, Co-Chairman of Goldman Sachs India, the GCC sector alone could contribute $0.5 trillion to India’s gross value added (GVA) in the next decade, significantly shaping the nation’s economic future.
Speaking at the Confederation of Indian Industry’s (CII) GCC Summit, Samdani highlighted the strategic advantage India holds amid shifting global dynamics. With 65% of global growth projected to come from emerging markets, India is set to emerge as the fastest-growing economy globally, leveraging its demographic strength, vast STEM talent pool, and increasing capabilities in artificial intelligence (AI).
GCCs: From Support Centres to Innovation Powerhouses
GCCs, traditionally seen as offshore support hubs, have now evolved into strategic innovation engines. These centres are leading the charge in AI adoption, automation, and digital transformation for multinational corporations (MNCs), with their scope expanding far beyond cost efficiency to include core business functions, strategy, and R&D.
India’s commitment to AI-driven digital infrastructure, supported by initiatives like the National AI Mission, is placing the country in a unique position to capitalize on global tech disruptions. Technology spending worldwide is expected to exceed $4.92 trillion by 2025, and India is gearing up to become a critical enabler in this shift, with GCCs at the forefront.
India’s Demographic & Geopolitical Edge
The confluence of a young, tech-savvy workforce, government support, and geopolitical realignments—such as supply chain diversification and trade shifts—makes India a natural destination for global companies establishing or expanding their GCC footprint.
Samdani emphasized that GCCs are expected to generate employment for 20–25 million people, with expansion likely beyond Tier-1 tech hubs into Tier-2 and Tier-3 cities, further democratizing access to global opportunities and digital careers.
Conclusion
India’s GCCs are no longer just back-end units; they are mission-critical hubs driving innovation, transformation, and global competitiveness. As MNCs deepen their investment in India, GCCs will remain a cornerstone of India’s journey to becoming a $10 trillion economy.
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