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flag Global firms are expanding India’s tech hubs for AI, biotech, and innovation, boosting jobs and GDP.

flag Global companies including Zoom, T-Mobile, and Southwest Airlines are exploring plans to establish global capability centres (GCCs) in India, attracted by skilled tech talent and the success of existing hubs, according to sources. flag While the firms have not confirmed the reports, a growing number of multinational corporations—from finance and retail to consumer goods—are expanding or launching innovation-focused GCCs in cities like Hyderabad, Bengaluru, Mumbai, and GIFT City. flag The shift post-Covid has moved GCCs from cost efficiency to R&D in AI, biotech, semiconductors, and spacetech. flag India now hosts over 1,800 GCCs, employing 2.1 million people and contributing $68 billion to GDP, supported by government policies and infrastructure.

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