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UBS INDIA'S QUIET RISE AS A STRATEGIC POWERHOUSE

Forbes India

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October 31, 2025

In just a decade, UBS India has emerged as a powerhouse in the GCC industry, evolving from a back-end support hub into a cutting-edge innovation and capability hub, engineering solutions that power UBS's global ambitions.

UBS INDIA'S QUIET RISE AS A STRATEGIC POWERHOUSE

The silent revolution in India's GCC Landscape

India's rise in the Global Capability Center (GCC) landscape over the past two decades has been nothing short of transformative. Originally conceived as cost-efficient back offices for multinational corporations, GCCs in India have evolved into strategic engines of innovation driving global R&D, AI-led transformation, and enterprise resilience.

Today, India hosts over 1,700 GCCs; more than any other country globally, employing 1.66 million professionals and contributing approximately $64 billion to the economy, nearly 1.8% of the national GDP. But this is more than an economic story - It's a reimagining of India's talent landscape, with GCCs now at the heart of breakthroughs in AI, cybersecurity, advanced analytics, and next-gen financial innovation.

The shift has been particularly profound in financial services. Leading global banks have discovered that India offers far more than cost arbitrage—it's a regulatory sandbox, innovation lab, and strategic hub rolled into one.

From scale to solutions

As one of the world's leading financial institutions, when UBS opened its office in Pune in 2015, it wasn't just chasing cost efficiencies—it was making a deliberate bet: that India could become a capability hub where the future of banking would not just be delivered but co-created.

A decade later, that conviction has paid off.

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