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GCC HUB STATUS
Sitharaman urges India to move beyond GCC hub status, target 5,000 centres by 2030India seeks to lead global innovation and enterprise development in the coming decade. The finance minister outlined a five-point strategy ...- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- Maths and magic meet in Bengaluru as Dr. Martens scales global strategyDr. Martens established a Global Capability Centre in Bengaluru, India, to merge its heritage with a digital future. This strategic move, d...
- Gross office absorption in India to cross 80 million sq ft in 2025, GCCs leadGross office absorption in India is expected to cross 80 million square feet in 2025, reaffirming the country's position as a global talent...
- CII urges states to set up hubs for global capability centresConfederation of Indian Industry urges states to establish dedicated cells for Global Capability Centres. Focus is on single-window clearan...
- Optum leases office space in Chennai’s Embassy Splendid Tech Zone for GCCOptum Global Solutions has leased 500,000 sq ft in Chennai’s Embassy Splendid Tech Zone for a new Global Capability Centre, set to open by ...
- US firms deepen commitment to India’s office market as GCCs expand footprintAmerican companies are increasing their office spaces in India. Global Capability Centers are expanding beyond IT. US firms leased 34.2% of...
- Walmart looks to build tech muscle, expands Chennai GCCThe expansion follows Walmart leasing about around 900, 000 sq ft in Bengaluru between Q3 and Q4 of 2024 from realty developer Prestige Gro...
- Hyderabad office stock projected to surpass 200 million square ft by 2030Hyderabad's office stock is projected to exceed 200 million sq. ft. by 2030, driven by strong demand from global firms. The city has emerge...
- Gujarat launches Global Capability Centre Policy 2025-30Gujarat Chief Minister Bhupendra Patel introduced the Gujarat Global Capability Centre (GCC) Policy to transform Gujarat into a leading hub...
- What Budget 2025 can do to power India's GCC surgeBudget 2025: Global Capability Centers (GCCs) have evolved into significant contributors to India's GDP. The upcoming Budget might play a c...
- India dominates GCC market, now home to 1,800 centres across 240 million sq ftIndia now leads as the top destination for Global Capability Centres (GCCs) due to its talented workforce and supportive government policie...
- Chevron to set up $1 billion Chevron ENGINE centre at RMZ Ecoworld 30-series in BengaluruRMZ Corporation has leased over 3 lakh sq ft of office space to Chevron Global Technology & Services in Bengaluru. This space will house Ch...
- India's global centre market to grow to $105 billion by 2030, says Nasscom-Zinnov reportIndia's global capability centres are projected to grow significantly, reaching a market size of $99 billion-$105 billion by 2030 from $64....
- 5G, 6G rollout will spur growth to achieve developed nation status: DoT SecretaryIndia is preparing for the rollout of 6G technology, following the successful deployment of 5G. Telecom Secretary Neeraj Mittal highlighted...
- Telangana's triple advantage of talent, tech, and realty propelling its economic expansionHyderabad has become a major player in India's real estate market, accounting for 21% of the total Global Capability Centre leasing. The ci...
- Bangalore remains frontrunner in GCC office leasing, followed by Hyderabad ChennaiGCCs in India leased 53 million sq. ft. of office space from 2022 to H1 2024, driven by India's talented workforce and cost benefits. They ...
- Bengaluru office stock set to touch 330-340 mn. sq. ft. by 2030, highest in IndiaBengaluru, leading India's office space to 330-340 million sq. ft. by 2030, shows a 41% GCC leasing share. Main areas include ORR, Whitefie...
- Saudi imports from UAE drop 33% in July after new trade rulesImports from neighbouring UAE fell to 3.1 billion riyals ($827 million) in July from 4.6 billion riyals in June, according to data from the...
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