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Chennai to Coimbatore: How state is working to become India's GCC hub
Business Standard
|March 25, 2025
Tamil Nadu earlier this month announced a plan to make industrial city Hosur a hub for global capability centres (GCCs), after building up a similar thriving network in Chennai and Coimbatore.
GCCs in Tamil Nadu are spread out, giving the state an edge over Karnataka and Telangana, where such infrastructure is mainly in Bengaluru and Hyderabad.
Tamil Nadu has more than 250 of the GCCs in India, employing 150,000 people in the state. It is expected to have 1,800 GCCs by 2030. A panel discussed 'Shaping Tamil Nadu's Future: Role of GCCs & Beyond' during the Business Standard Tamil Nadu Round Table 2025 in Chennai on March 12. The panellists were Gangapriya Chakraverti, managing director, Ford Business Solutions; Siva Padmanabhan, MD, AstraZeneca India; Kewyn George, global director of information services at Expeditors; and Jaikumar Subramanian, partner at Deloitte India.
GCC is a strategic unit that supports an organisation's global operations, according to one definition. GCCs in India operate across businesses as varied as finance, retail, health care, aerospace, and oil and gas, according to a recent report by information technology (IT) industry association Nasscom. They are expected to contribute about $100 billion in IT export revenue in FY25.
This story is from the March 25, 2025 edition of Business Standard.
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