50 Indian firms establish Global Capability Centres, expected to grow to 2,100-2,200 by 2030, attracting investments to Coimbatore and Ahmedabad.

Indian companies, including Reliance Industries and Adani Group, are establishing Global Capability Centres (GCCs) to centralize operations and enhance technology. Approximately 50 GCCs have been set up in sectors like telecom and finance, with growth expected to reach 2,100-2,200 GCCs by 2030. These centres are attracting investments to cities like Coimbatore and Ahmedabad due to lower costs and skilled labor, contributing up to $105 billion to the IT industry revenue.

October 16, 2024
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