India's Global Capability Centres Drive Innovation and Expansion at Rising Bharat Summit

At the Rising Bharat Summit 2026, industry leaders highlighted India's transformation from a back-office hub to a strategic global innovation centre through the growth of Global Capability Centres (GCCs). Currently hosting around 2,000 GCCs, India is expected to see over 5,000 new centres in the next four years, driven by AI adoption, product ownership, and rising global protectionism. The sector contributes significantly to commercial real estate and revenue generation, with challenges including talent retention and compliance addressed via Employer of Record models and HR outsourcing.