Private equity-backed firms and mid-market companies now account for a growing share of India's global capability centre (GCC) expansion, in a market historically dominated by large multinational corporations.
India has more than 500 GCCs owned or acquired by PE-backed companies, with nearly 31% of new GCC additions between FY21 and FY26 coming from this segment, industry experts and GCC enablers told ET. These companies are using GCCs beyond cost arbitrage to build artificial intelligence, engineering and product capabilities. For investors, this helps create value for portfolio companies.
