MeitY Sets Up Panel to Draft National Framework for GCCs in Strategic Tech Push

A group has apparently been established by the Ministry of Electronics and Information Technology (MeitY) to develop the national framework for global capacity centres (GCCs).

 The National Association of Software and Service Companies (NASSCOM), GCC consulting firms Zinnov Consulting and ANSR, accounting giant KPMG, and the national investment promotion and facilitation agency Invest India make up the newly established committee, according to a media report that cited people with knowledge of the situation.

In order to centralise and deliver its business services and technology for worldwide operations, a multinational corporation established a GCC in-house subsidiary in a particular place. Notably, a national framework would be established to direct states in promoting GCCs in tier II cities, according to the Union Budget 2025–2026.

The Centre stated at the time that this framework would recommend actions such as infrastructure, talent availability, bylaw amendments, and possible industry cooperation.

Madhya Pradesh Showing Keen Interest to Lead Digital and Technological Sector

Madhya Pradesh also unveiled a specific GCC policy earlier this year in an effort to establish itself as a centre for technology and the digital world.

 At the time, the state claimed that the goal of this strategy was to draw in investments in fields including business process outsourcing (BPO), engineering, finance, and information technology.

 In order to oversee the implementation of this strategy, the Madhya Pradesh State Electronics Development Corporation Limited (MPSeDC) was selected as the nodal agency. In addition, Bengal intends to implement GCC and semiconductor regulations to entice investment in the GCC, drones, and semiconductor industries.

GCC Market Sprawling its Nexus in India

India is currently experiencing a revolution in technology. A number of AI, machine learning, cloud computing, and blockchain technologies have emerged and been adopted throughout the last ten years.

According to a Zinnov analysis, over 86% of Indian GCC countries used AI and ML at scale for hyperpersonalisation, process automation, and predictive analytics in FY24. In addition, 82% of the centres now use cloud computing as their core infrastructure. In addition to serving the IT and BFSI sectors, the GCC market in India is at the forefront of innovation in fintech, agritech, healthcare, and logistics.

The result of all of this is the development of ability and skills. More than 1.9 million professionals were employed in the Indian GCC in 2024, according to many media estimates.

The government estimates that by 2030, the GCC market in India will be worth $105 billion. Around 2,400 GCC countries are expected to employ over 2.8 million people by that time, securing India's position as a major global centre for innovation and business operations.