India’s GCC Industry Records $98.4 Billion Revenue In FY26, Report Says
New Delhi: As India hosts 2,117 global capability centres (GCCs) operating 3,728 units across the country, the industry recorded an estimated revenue of $98.4 billion in FY26, according to a report released on Wednesday. According to a joint report by Awfis Space Solutions and Zinnov showed that the number of GCCs in the nation has grown nearly 32 per cent since FY21, while employing more than…
India's global capability centre (GCC) industry generated an estimated $98.4 billion in revenue during fiscal year 2026, according to a joint report by Awfis Space Solutions and Zinnov. The number of GCCs in the nation has increased by nearly 32% since fiscal year 2021, employing over 2.36 million professionals. Of the 506 Global 2000 companies operating in India, 44% of the office leasing in the first quarter of 2026 was accounted for by GCCs, totaling 9.1 million square feet.
The report reveals that nearly half of India's GCCs now handle an equal or greater share of frontier work compared to their global headquarters. Furthermore, AI and machine learning talent within GCCs is expected to nearly double to 250,000 by 2026, with complex problem-solving activities accounting for 38.1% of GCC work portfolios.
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