India is home to more than half of the world's Global Capability Centres (GCCs)—a sector generating $100 billion in annual revenue, with over 2,100 centres employing 23 lakh professionals directly. Speaking in July, Finance Minister Nirmala Sitharaman said India's ambition of building an ecosystem capable of supporting around 5,000 GCCs by 2030 was “realistic and achievable.”
But sustaining that expansion will depend on whether India can build an engineering talent pipeline with the specialised, industry-ready skills GCCs increasingly need.