Companies building AI products placed twice as much cuttingâedge R&D work in India as those adopting thirdâparty AI, reinforcing Indiaâs rise as a core hub of AI innovation rather than just deployment. Indiaâs global capability centre (GCC) work portfolio had shifted markedly up the value chain between 2015 and 2026, with complex problemâsolving work growing...
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As Indiaâs GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth
The Union Finance Minister stressed that India must stay ahead of the GCC curve by building a facilitative ecosystem. The evolution of Indiaâs Global Capability Centre (GCC) sector from cost efficiency to capability leadership reinforces that global enterprises are no longer choosing locations based on cost alone, Union Finance Minister Nirmala Sitharaman has said. Addressing...


