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NIRMALA SITHARAMAN GCC SUMMIT 2026
India wants to lead, not just host, GCCs: Nirmala SitharamanIndia aims to lead global capability centres and the world's knowledge economy. The nation now hosts over half of the world's GCCs, which i...- Over 760 proposals, requests from various ministries on AI applications under evaluation: IT SecyNearly 762 AI application suggestions are being evaluated by Meity from various ministries. Discussions will soon begin with stakeholders t...
- Tier 2 cities emerge as next frontiers for India's growing GCC ecosystemRajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY),...
- Skilling vital in India's goal of becoming AI solutions capital: IT SecretarySpeaking at the CII GCC Business Summit, Krishnan noted that the deployment of AI in enterprises is still lagging across the world, not jus...
- Basic customs duty waiver on key electronic parts will deepen value chain, says IT SecretaryThe government has waived basic customs duty on key electronics manufacturing components. This move aims to deepen the value chain and stim...
- Govt has done its part on GCCs via Budget, now industry must invest in skilling and innovation to counter AI risks: CEA NageswaranChief Economic Adviser V Anantha Nageswaran urged industry to invest in skilling and innovation. He stated government has supported Global ...
- Centre approves procurement of copra, Totapuri mangoes from Tamil Nadu farmersThe Centre approved copra and Totapuri mango procurement for Tamil Nadu farmers. This move aims to shield growers from distress sales due t...
- AI penetration doubles in India's retail GCCs, but senior talent remains scarceArtificial intelligence penetration in India's retail Global Capability Centres (GCC) has doubled, yet AI professionals still represent few...
- Kuwait announces eligibility rules for 15-year investor residency permit. Here's who can applyKuwait has announced eligibility criteria for its 15-year Investor Residency Permit. This long-term visa program is now operational for for...
- FM Sitharaman exhorts toymakers to aim for a fourth of global market shareFinance Minister Nirmala Sitharaman encouraged the toy industry to capture a quarter of the global market. She highlighted government polic...
- Nestle announces new GCC in Hyderabad through global division Nestle Business SolutionsNestle announced its new Global Capability Center in Hyderabad, India. This center will operate under Nestle Business Services India in par...
- India's office leasing hits record as multinationals expand despite global uncertaintyIn the first half of 2026, India's office market saw unprecedented growth, with a staggering 45.5 million square feet leased. This remarkab...
- Nestle to set up GCC in HyderabadNestle India is launching a pivotal Global Capability Centre in Hyderabad, alongside major names such as McDonald's and L'Oréal, to tap int...
- Office leasing in India's top 8 cities skids 14.5% in Q2; vacancies hit post-Covid lowOffice space leasing in India's top eight cities saw a 14.5% year-on-year dip in Q2 2026, absorbing 11.6 million sq ft. Despite global econ...
- India, France co-chair Economic & Financial Dialogue, agree to deepen cooperation on critical mineralsIndia and France held their Economic and Financial Dialogue in Aix-en-Provence, co-chaired by Nirmala Sitharaman and Roland Lescure. Discus...
- India, France discuss critical minerals, investments at Economic and Financial DialogueIndia and France are set to bolster economic ties, focusing on critical minerals and financial connectivity. Finance Minister Nirmala Sitha...
- Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
- Finance Minister Sitharaman embarks on 4-day official visit to France to bolster economic tiesFinance Minister Nirmala Sitharaman is on a four-day visit to France to bolster the India-France Strategic Partnership and economic ties. A...
- Hyderabad is India's most expensive GCC office market, commands 15% premiumHyderabad has emerged as India's priciest office market for Global Capability Centres (GCCs), commanding a 15% premium. The city leads the ...
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