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The Economic Times
The Economic Times
National

India wants to lead, not just host, GCCs: Nirmala Sitharaman

Nirmala Sitharaman GCC India GCCs Economy

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India aspires to become a "strategic leader" in hosting global capability centres (GCCs) of MNCs and become indispensable to the world's knowledge economy.

Addressing the CII GCC Business Summit 2026, Sitharaman said from one new GCC being set up every week in 2024, India, on an average, now sees one such addition every day, making the country host to more than half of the world's GCCs.

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