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Home » News » India’s GCC market projected to grow to $99–105 billion, highlights report

India’s GCC market projected to grow to $99–105 billion, highlights report

Jessica BrownBy Jessica Brown Business
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The cities of level-2 are gaining traction for the specific domain talent, particularly in GRC, cloud support and medtech. BFSI, retail and electronic commerce, telecommunications and manufacturing are the key sectors that drive demand

The cities of level-2 are gaining traction for the specific domain talent, particularly in GRC, cloud support and medtech. BFSI, Retail & Ecommerce, Telecom and Manufacturing are the key sectors that drives demand | Photo credit: z_wei

It is expected that the GCC market of India will grow at $ 99-105 billion with more than 2.4 million professionals in the workforce, according to a QUESS IT Staffing report.

The 2024 Report of the Tech Tech Talent of India that analyzed more than 300,000 data points added during the past year, discovered that the country has more than 1,800 global capacity centers (GCCS), with more than 120 new centers launched to workers with 1.8 LAKH of new additional jobs.

“The GCC of India are no longer only delivery centers: they are innovation powers. The axis of AI’s innovation ecosystems towards the first, native and cybernetic native, cyber resistance ecosystems marks a strategic inflection point, the city’s digital demand department, the change of the technology of the city of the TIER-2, the change in the capacity of the capacity of the capacity of the capacity of the capacity of the capacity of in the growth of the city of the Tier-2.

The report indicated a prevalence of GCC in level 2 cities such as Kochi, Coimbatore, Indore and Jaipur, where the led operations and medium level engineering roles are directed. These locations are gaining traction for the specific domain talent, particularly in GRC, cloud support and medtech. BFSI, Retail & Ecommerce, Telecom and Manufacturing are the key sectors that drive demand.

(With BL inputs informing Nethra Sailesh internal)

Posted on April 15, 2025

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