Bengaluru rises as a leading hub for global capability centres in India
ECONOMY & POLICY

Bengaluru rises as a leading hub for global capability centres in India

Bengaluru has solidified its position as a prominent hub for Global Capability Centres (GCCs) in India, accounting for 36% of staffing firm TeamLease Digital’s total client base in the first two quarters of FY25, according to a recent report. The city is home to 37% of India’s high-tech talent pool, leading sectors like IT services and professional services, which includes Banking, Financial Services, and Insurance (BFSI) and consulting firms, contributing to 21% of the overall headcount.

Bengaluru’s influence is also extending into the manufacturing sector, representing 10% of the total talent headcount in this segment, driven by growth in automotive and electronics manufacturing.

The report highlights that after Bengaluru, the Mumbai-Pune region (31%) and Delhi NCR (22%) are emerging as other major hubs for GCCs. The Mumbai-Pune corridor has a strong presence in the automotive sector and is developing expertise in capital markets, data mining, predictive analytics, and big data frameworks. Meanwhile, Delhi NCR is witnessing a surge in high-tech and software-related GCCs, alongside contributions to the oil and gas industry, accounting for 6.5% of the GCC headcount.

Neeti Sharma, Chief Executive Officer, TeamLease Digital, commented on the sector’s robust growth, noting that healthcare, BFSI, and retail have recorded cumulative compound annual growth rates (CAGR) exceeding 30% between 2021 and 2023. This growth stands out against the backdrop of a broader downturn in the IT sector during the same period. Looking forward, the GCC Software & Internet sector is expected to reach a CAGR of 6.2% by 2027, while retail and e-commerce GCCs are projected to experience the strongest growth at 8.4% CAGR, followed by healthcare at 7.5%. (BusinessToday)

Bengaluru has solidified its position as a prominent hub for Global Capability Centres (GCCs) in India, accounting for 36% of staffing firm TeamLease Digital’s total client base in the first two quarters of FY25, according to a recent report. The city is home to 37% of India’s high-tech talent pool, leading sectors like IT services and professional services, which includes Banking, Financial Services, and Insurance (BFSI) and consulting firms, contributing to 21% of the overall headcount. Bengaluru’s influence is also extending into the manufacturing sector, representing 10% of the total talent headcount in this segment, driven by growth in automotive and electronics manufacturing. The report highlights that after Bengaluru, the Mumbai-Pune region (31%) and Delhi NCR (22%) are emerging as other major hubs for GCCs. The Mumbai-Pune corridor has a strong presence in the automotive sector and is developing expertise in capital markets, data mining, predictive analytics, and big data frameworks. Meanwhile, Delhi NCR is witnessing a surge in high-tech and software-related GCCs, alongside contributions to the oil and gas industry, accounting for 6.5% of the GCC headcount. Neeti Sharma, Chief Executive Officer, TeamLease Digital, commented on the sector’s robust growth, noting that healthcare, BFSI, and retail have recorded cumulative compound annual growth rates (CAGR) exceeding 30% between 2021 and 2023. This growth stands out against the backdrop of a broader downturn in the IT sector during the same period. Looking forward, the GCC Software & Internet sector is expected to reach a CAGR of 6.2% by 2027, while retail and e-commerce GCCs are projected to experience the strongest growth at 8.4% CAGR, followed by healthcare at 7.5%. (BusinessToday)

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?