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Bengaluru has emerged as the leading hub for Global Capability Centres (GCCs) in India, hosting 36% of TeamLease Digital’s client base.
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The city accounts for 37% of India’s high-tech talent concentration and is also growing in manufacturing, particularly in automotive and electronics.
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Mumbai/Pune and Delhi NCR follow Bengaluru as key GCC hubs, with notable contributions in automotive, capital markets, and oil and gas industries.
Bengaluru has solidified its position as India’s premier hub for Global Capability Centres (GCCs), according to a report by TeamLease Digital. The city is home to 36% of the firm’s client base and boasts an impressive 37% of India’s high-tech talent concentration.
Bengaluru’s growth extends beyond IT, with a significant presence in manufacturing, particularly in automotive and electronics. Professional services, including BFSI and consulting companies, account for 21% of the city’s headcount. Mumbai/Pune and Delhi NCR trail Bengaluru as key GCC hubs, with the former driving growth in the automotive sector and the latter witnessing a rise in high-tech and software firm GCCs.
Neeti Sharma, CEO of TeamLease Digital, highlighted the remarkable growth in sectors like healthcare, BFSI, and retail, with cumulative CAGRs exceeding 30% between 2021 and 2023. The GCC software and internet sector is projected to reach a CAGR of 6.2% by 2027, while retail and e-commerce are expected to lead with an 8.4% CAGR.
The report underscores Bengaluru’s dominance in India’s GCC landscape, with other cities playing important roles in specific industries.
