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A trillion-dollar tech momentum

Financial Express Lucknow

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August 09, 2025

India's path to becoming a $10-trillion economy by 2032 will be built through digital-first thinking, tech-led inclusion, and collaborative innovation

- SINDHU GANGADHARAN

prise tech. With over 875 GCCs, the state now hosts more than a third of all GCCs in India, quietly powering the digital engines of Fortune 500 companies.

In 2023, Karnataka became the first Indian state to roll out a dedicated GCC policy—signalling to the world that India's ambition is to lead the next era of enterprise innovation. The GCC policy is targeting 1,000 centres and 350,000 new jobs by 2029, backed by incentives, infrastructure, and policy stability.

The blueprint included fast-track regulatory clearances, plug-and-play campuses in emerging tech zones like Whitefield, Electronic City, and Devanahalli, R&D incentives for deep-tech work, and dedicated support for women in tech, environment, social, and governance compliance, and skilling programmes. This wasn't just about offering tax breaks, but also creating a fertile ground where global firms could innovate, hire, and grow seamlessly. In Karnataka, you find everything an innovation-driven enterprise needs—top-tier talent, thriving start-up accelerators, global R&D labs, and a pool of seasoned product leaders who understand scale and agility.

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