India's Global Capability Centres (GCC) Functions

India’s Global Capability Centres (GCC) Workforce to add 4,00,000 Fresher jobs by 2030

Learn about Global Capability Centres (GCCs), their role in driving innovation, business operations, and technology solutions for multinational companies, and their growing significance in India’s corporate landscape.

Context: During a recent Nasscom Summit, the Secretary to the Union Ministry of Electronics and Information Technology stated that facilitating the growth of Global Capability Centres (GCC) in the country is a priority for the government.

What are Global Capability Centres (GCC)?

Global Capability Centres (GCC) are a strategic outpost/branch set up by multinational corporations (MNCs) to perform specialised functions for their parent organisation.

In India, GCCs have evolved into Innovation Hubs and Centres of Excellence (CoEs).
Top Destinations for setting up GCCs in India: Bengaluru, Gurugram, Hyderabad, Mumbai, Delhi-NCR, and GIFT City.

Functions of Global Capability Centres (GCC)

Driving Innovation: Create new products or services, and conduct research.
Managing Technology: Handling IT systems, software development, cybersecurity, and other tech needs.
Handling Back-Office Tasks: They take care of finance, human resources, procurement, and customer support.
Ensuring Compliance: They make sure the company meets legal requirements and manages risks in global operations.