The Latest Breaking News from GCC

India's AI boom is rewarding engineers more than coders

India's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing stronger salary growth than software developers, according to TeamLease. Backed by govt investments in semiconductors, electronics and EVs, the country's next wage boom appears increasingly tied to building and running AI infra.

The Economic Times · Jul 28

UP targets 10% of new GCCs, sets up advisory board

Announcing the roadmap at the GCC Summit 2026, Alok Kumar, principal secretary, information technology and electronics, said the state is focusing on policy support, digital infrastructure, talent development, and coordination across departments to attract new GCC investments.

The Economic Times · Jul 27

GCCs may account for nearly half of India's office leasing in 2026: Report

India's office market has remained resilient, with GCCs strengthening their role in leasing activity. During the first half of 2026, GCCs leased 16.6 million square feet of Grade A office space, accounting for 46% of total office leasing across the top seven cities, the report said.

The Economic Times · Jul 25

Global headwinds, resilient MSMEs: India’s ECLGS 5.0 response

The real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.

The Economic Times · Jul 10

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

India aims to lead global capability centres and the world's knowledge economy. The nation now hosts over half of the world's GCCs, which is significant. India's focus shifts from scale to enabling innovation and shaping future technologies. Enterprises are prioritizing innovation and long-term competitiveness over cost reduction. The government is…

The Economic Times · Jul 9

Tier 2 cities emerge as next frontiers for India's growing GCC ecosystem

Rajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY), said India's GCC (global capability centre) ecosystem has witnessed remarkable growth over the past five years.

The Economic Times · Jul 9

Skilling vital in India's goal of becoming AI solutions capital: IT Secretary

Speaking at the CII GCC Business Summit, Krishnan noted that the deployment of AI in enterprises is still lagging across the world, not just in India, presenting an opportunity for GCCs here to play a critical role.

The Economic Times · Jul 9

Govt has done its part on GCCs via Budget, now industry must invest in skilling and innovation to counter AI risks: CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran urged industry to invest in skilling and innovation. He stated government has supported Global Capability Centres through Budget announcements. Artificial intelligence poses risks to business models focused solely on low-cost execution. The government encourages GCC expansion beyond major metropolitan cities. Firms and people must…

The Economic Times · Jul 9

AI penetration doubles in India's retail GCCs, but senior talent remains scarce

Artificial intelligence penetration in India's retail Global Capability Centres (GCC) has doubled, yet AI professionals still represent fewer than one in 20 employees, according to a report by TeamLease Digital. The findings highlighted a stark capability mismatch even as India scales its presence globally, holding 180 centres and over 270,000…

The Economic Times · Jul 8

Kuwait announces eligibility rules for 15-year investor residency permit. Here's who can apply

Kuwait has announced eligibility criteria for its 15-year Investor Residency Permit. This long-term visa program is now operational for foreign investors and their families. Eligible applicants include company owners, directors, and senior management with specific investment requirements. The permit aims to boost Kuwait's appeal as an investment destination. Separately, a…

The Economic Times · Jul 8