2 weeks ago
India’s GCC Industry Reaches $98.4 Billion Revenue in FY26
Global capability centres are offices in India that help companies build products, technology and services.
A new report says these centres earned about $98.4 billion in FY26.
There are 2,117 centres operating 3,728 units across the country.
Together, they employ more than 2.36 million people.
Many centres are now doing advanced work, including artificial intelligence and research.
Complex problem-solving makes up 38.1% of their work.
The number of artificial intelligence and machine-learning workers in these centres may reach 250,000 by 2026.
GCCs are also using more flexible offices.
They made up 44% of office space leased in India during the first quarter of 2026.
India had 2,117 global capability centres operating 3,728 units and generating an estimated $98.4 billion in FY26 revenue.
The GCC industry has grown nearly 32% since FY21 and employs more than 2.36 million professionals.
Complex problem-solving represents 38.1% of GCC work portfolios, while cutting-edge research and development doubled between 2015 and 2026.
India’s GCC artificial intelligence and machine-learning talent base is projected to nearly double to 250,000 by 2026.
GCCs accounted for 9.1 million square feet, or 44%, of India’s 20.7 million square feet of office leasing in the first quarter of 2026.
- Who
- India’s global capability centres, including centres operated by Global 2000 companies, private equity-backed firms, mid-market enterprises and digital-native companies.
- What
- India’s GCC industry recorded estimated FY26 revenue of $98.4 billion and expanded its technology, research and workplace operations.
- Where
- Across India, where 2,117 GCCs operate 3,728 units.
- When
- The report was released on Wednesday; its figures cover FY26 and the first quarter of 2026, with some growth measured from FY21.
- Why
- GCCs are taking on more product, platform, artificial-intelligence and advanced research responsibilities, increasing demand for talent and flexible workspace.
Key facts
- Estimated FY26 revenue
- $98.4 billion
- GCCs in India
- 2,117
- Operating units
- 3,728
- Employment
- More than 2.36 million professionals
- GCC growth since FY21
- Nearly 32%
- AI and machine-learning talent projection
- Nearly 250,000 by 2026
- Q1 2026 office leasing
- 20.7 million square feet overall; GCCs accounted for 9.1 million square feet, or 44%
Quotes
Amit Ramani
Chairman and Managing Director of Awfis Space Solutions
“The rapid industrialisation of AI is reshaping workforce requirements, with organisations increasingly seeking professionals who combine technical expertise, domain knowledge and business context.”
thehansindia.com
“India's GCCs are increasingly taking ownership of products, platforms and AI‑led mandates, creating demand for workspace solutions that can scale quickly and provide operational flexibility.”
thehansindia.com
Sources
Related news
India’s GCCs Become Global Hubs For Innovation And AI
India’s GCCs Shift From Back Offices Toward Innovation
New foreign firms expected to drive Indian GCC headcount growth
Foreign BFSI Firms Drive Record GCC Office Leasing in India
Talent gaps put India GCC mandates at risk: PwC-FICCI study
GCC Expansion and Tight Supply Sustain India Office Growth
