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Bengaluru and Hyderabad are top destinations for companies looking to set up global capability centres (GCCs) in India, according to a study by staffing solutions firm NLB Services.

In fact, more than 65% of all companies have set up their first GCCs in either of the two cities.

Bengaluru will also be a leader in creating jobs in these GCCs, the report said. Nearly 3.64 lakh jobs are likely to be created by GCCs in India in the next year across sectors like banking and finance, IT, and telecom.

The emergence of India as an IT destination, especially with cities like Bengaluru and Hyderabad hosting multiple tech centers, has increased the faith of international companies in Indian talent’s ability to drive global innovations, according to Amit Kalra, Head of GBS India, Swiss Re.

From India, Delhi
nlb-services
According to India Captivating!, a report by NLB Services, there are 1510+ GCCs in India with a market size of $35.9 Bn, and this may go up to 2000 in the next 3-4 years.
This growth of GCCs in India is backed by the transition towards #skill based hiring in the nation.

Our report on 'GCC Roles & Skill' is out now!
Download Full Report Now: https://lnkd.in/dXmTD2NJ

From India, Delhi
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