Why Global Capability Centres Are Thriving in India

Discover why over 1,600 Global Capability Centres (GCCs) are thriving in India. Learn what’s fueling their growth and how coworking spaces like WeWork support their expansion.

In the last few years, India has become a big name in the world of Global Capability Centres, also known as GCCs. Earlier called captives or offshore centres, GCCs are offices set up by global companies to handle important work like IT services, data analytics, research, finance, HR, and even legal work. These centres don’t work for third-party clients; they help their parent company directly. What's fascinating is that India is now hosting more than 1,600 GCCs, and the number is increasing at a rapid pace. Large companies such as Google, Microsoft, Walmart, and even JP Morgan have set up large teams in India. Read on to know more about GCCs and what is fueling their growth in India.

Why GCCs are surging in India

1.Skilled talent

India produces lakhs of engineers, IT experts, and MBA graduates every year. The country has a massive pool of young, skilled professionals. This makes it easier for companies to build strong tech and support teams here.

2.Cost savings

Hiring talent in India is cheaper than in Western countries. Even though Indian teams are highly skilled, they cost much less compared to teams in the US or Europe. So companies can save money without compromising on quality.

3.Innovation and digital focus

GCCs are not just support teams anymore. Many are now building AI tools, doing data analysis, or helping with digital transformation. India’s startup energy and tech ecosystem supports this kind of advanced work.

4.Government support

The Indian government has made it easier to do business here. With better laws, fewer taxes in some zones, and a focus on digital services, foreign companies are getting the push they need to set up shop.

5.Strong IT infrastructure

Places like Bengaluru, Hyderabad, Pune, and Gurugram have excellent tech parks, internet connectivity, and transport. The tech industry already has a good demand for all these places, so naturally, GCCs will expand here as well.

The Future of GCCs in India

The future of GCCs in India looks very bright. These centres will not just do backend work, they will lead global projects, drive innovation, and take charge of decision-making. We can also expect more focus on AI, automation, cloud computing, and cybersecurity in these centres. GCCs will become mini-headquarters that help global companies make faster, smarter moves.

How coworking spaces help GCCs

As the number of GCCs in India grows, so does the need for modern, flexible office spaces. This is where coworking spaces come in.

• Easy setup: Coworking spaces offer fully furnished offices that are ready to use. No waiting for months for construction or interior work.
• Flexible plans: If a GCC begins small with 20 members, they can rent a few desks or a private office. Later, if they wish to expand to 200 members, they can increase within the same building.
• Cost-effective: Having your own office entails huge expenses, furniture, internet, electricity, cleaners, admin, etc. With coworking, all these are included.
• Prime locations: The majority of coworking spaces are located in business districts, areas where there is talent and easy transportation.
• Community and collaboration: Despite being a part of big corporations, due to its location in a coworking space, GCCs can network with startups, freelancers, and other international teams.
• Scalable and safe: Coworking spaces ensure safety, hygiene, and security, a big relief post-pandemic.

Conclusion

With the best talent, technology strength, and reduced cost, India is emerging as the hub of choice for international businesses to establish and expand. But such expansion requires contemporary, intelligent office spaces. That's where coworking spaces like WeWork excel. They provide flexibility, quicker deployment, cost management, and an excellent setting for expansion and innovation. WeWork workspaces offer businesses room to grow, adapt, and succeed, however headache-free one would ever be with a traditional office to manage, whether that's a startup-style GCC or a large enterprise.