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Govt Eyes Strategic Growth for India's Global Capability Centres
The Business Guardian
|July 15, 2025
The Indian government is working on comprehensive policy interventions to further accelerate the growth of Global Capability Centers (GCCs) in the country, with over 1,800 such centers currently operational, a senior government official said on Monday.
Speaking at a Confederation of Indian Industry (CII) GCC Business Summit, Anuradha Sharma, Secretary, Department of Economic Affairs, Ministry of Finance outlined key policy imperatives that could help the sector achieve its next phase of growth, emphasizing the need for "exact action points" and collaborative efforts between government and industry.
Sharma highlighted how India has emerged as one of the world's largest GCC destinations. The journey from Business Process Outsourcing (BPO) to captive centers to today's Global Capability Centers (GCC) reflects the sector's transformation into a "huge engine of revenue, growth, and employment."
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