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BUDGET GCCS
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capab...- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
- Flex office: As GCCs boom, Table Space is betting big on managed workspacesAs India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering...
- India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
- Enough with mythologies: India needs new state-sponsored AI entities to create essential strategic capabilityA new AI model called Mythos can find software flaws. Its restricted release raises concerns about misuse by hackers or foreign governments...
- Ability to integrate AI into decision-making is fast becoming a critical performance indicator: Randstad Digital's Graig PaglieriAI has become a core part of business strategy, with nearly 90% of technologists in India now expected to use it in their roles, according ...
- Tech job openings fall 8% in April as AI replaces headcountIndia’s tech sector had 256,000 active job openings in April 2022—thanks to the post-pandemic surge in IT services--and accounted for 83% o...
- Budget 2026: The GCC capital of the world needs more brains to bank its $100-billion dreamGCC Budget 2026 Expectations: Budget 2026 is poised to bolster India's role as a global brain hub, addressing a widening skills gap in the ...
- Budget 2026: Structured dispute resolution tops tax reform wishlistBusinesses are urging the government to prioritise tax reforms in the upcoming budget. Key demands include quicker resolution of tax disput...
- Budget 2026 key to India’s GCCs becoming the world’s next innovation enginesIndia's upcoming Union Budget 2026 is poised to bolster its status as a global hub for Global Capability Centres (GCCs), projected to contr...
- India houses more than half of the world’s GCCs: ReportIndia, home to 53% of global GCCs, is witnessing a surge in these centers, driven by competitive costs and a skilled workforce. While Tier-...
- MeitY forms panel to create national framework for GCCsThe Indian government is actively fostering the growth of Global Capability Centres (GCCs) by establishing an industry-led panel. This init...
- Union Budget 2025: GCC national framework to get talent and infra boostAs the global GCC capital, India houses more than 1700 GCCs, accounting for 17% of such centres globally. This increased from around 1430 i...
- GCC measures, framework to ease expansion for foreign companiesThe budget measure essentially will allow GCCs to arrive at a transfer pricing rate in the first year through an internal assessment, which...
- A nudge for foreign costo step up GCC playStreamlining international taxation and expanding safe harbour rules for Global Capability Centres (GCCs) in India are expected to boost th...
- Budget 2025: From startups to aviation and retail to realty, jobs could be made in millionsFinance minister Nirmala Sitharaman's budget proposals aim to spur job creation across sectors like manufacturing, tourism, agriculture, an...
- 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...
- No point fighting against GCC trend that is pushed by clients: Coforge CEOCoforge’s chief executive officer Sudhir Singh told ET, “We don’t compete with GCCs. We support their agenda. Because GCC agenda increasing...
- Tamil Nadu to offer sops for creation of high paying jobs in Global Capability CentresThe Tamil Nadu government plans to incentivise high-paying job creation in Global Capability Centres (GCCs) through a payroll subsidy. This...
- Need policy changes to provide incentives for GCCs and help startup ecosystem: Gaurav Gupta, Deloitte IndiaGaurav Gupta of Deloitte India suggests that the government should provide incentives for GCCs and organizations to drive innovation invest...
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