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Why has Trump's H-1B fee spooked GCCs in India?
Mint New Delhi
|September 22, 2025
1 How big is India's GCC segment?
GCCs are offshore back-end units of multinationals that support the company with technology and talent. Over the past decade, from tech to banking companies have established research and innovation teams in India, shedding their image of cost-saving centres. GCCs now work with startups and have entered tier II cities, helping their parent firms innovate.
IT industry lobby Nasscom projects India's GCC sector to reach $110 billion by 2030. The government aims to create an "ecosystem" for more captive units to enter India. In the past two-and-a-half years, 170 GCCs set up operations in India and hired about 1.40 lakh people, said Kamal Karanth, co-founder of staffing firm Xpheno that recruits for GCCs.
2 Why are GCCs worried by Trump's actions?
Diese Geschichte stammt aus der September 22, 2025-Ausgabe von Mint New Delhi.
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