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India’s Next GCC Wave Tests Mohali, UP and Bengaluru

India’s Next GCC Wave Tests Mohali, UP and Bengaluru
Beyond Bengaluru: Can Mohali and UP capture India’s next GCC wave? · businesstoday.in

Global capability centres, or GCCs, are offices that companies build to do important work in another country.

Bengaluru has been one of India’s biggest GCC cities for a long time.

Mohali wants companies to choose it because it has short airport-to-city travel, wide roads, colleges and a focus on quality of life.

Punjab says the surrounding tri-city area already has about 1.25 lakh technology workers.

Uttar Pradesh wants to join the next wave by improving offices, infrastructure and technology education.

Lucknow is being developed as an AI city and centre of excellence.

Karnataka says Bengaluru still has a very strong talent and innovation network.

It is also promoting cities such as Mysuru and Mangaluru.

The competition may grow because companies are looking for more places with skilled workers and strong technology ecosystems.

Key facts

Mohali technology workforce
Punjab’s survey estimates around 1.25 lakh technology professionals across the tri-city region.
Punjab GCC incentives
The state offers 125% of fixed capital investment, subject to policy conditions, plus an employment-generation subsidy of ₹7,500 per seat created.
Punjab additional support
GCCs may receive electricity-duty incentives and a capital subsidy of up to ₹10 crore.
Uttar Pradesh focus
Lucknow is being developed as an AI city and centre of excellence for AI.
Uttar Pradesh talent plan
The state has identified around 25 institutes to add emerging technologies and deep-tech subjects to their curricula.
GCC market opportunity
Karnataka Digital Economy Mission estimates the GCC market could grow from $60 billion to $100 billion, creating a more than $40 billion opportunity.
Karnataka target
Karnataka is targeting more than $20 billion of the GCC opportunity while seeking to help other states capture the remainder.

Quotes

Gurkirat Kirpal Singh

Principal Secretary for industries, investment promotion and information technology in the Punjab government

“If you want to work and succeed, these are definitely great places. But if you want to work, succeed and live a good life, come to Mohali.”
businesstoday.in
“The water will flow where the slope is, where the ecosystem exists. But multiple canals can be created.”
businesstoday.in

Sources

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