Global Capability Centres in India: 15% Growth Predicted – Key Insights for Competitive Exams

Why Is This Important for Exams?
Current Affairs: GCC expansion is a hot topic for SSC, PSC, and banking exams.
Economic Growth: Reflects India’s IT dominance, often asked in interviews (NID/NIFT).
Policy Impact: Government initiatives like “ease of doing business” are recurring themes.
Job Market: GCCs create skilled employment—relevant for career-focused exams.


India’s GCC Growth: Key Highlights
Unshakable Leadership: Over 150 new GCCs to open in India; global firms reject relocation plans.
Innovation Hub Shift: GCCs now drive AI and digital transformation, not just cost savings.
Growth Projections: 11-12% annual value growth (FY25-29), potentially hitting 15% with policy boosts.
Government Role: Infrastructure upgrades and regulatory support critical for sustaining growth.
Pro Tip: For exams, focus on terms like “compound annual growth rate (CAGR)” and “multifunctional centres of excellence”—frequently tested concepts.


Sample Questions & Answers
Q: What is the projected CAGR for India’s GCC sector by 2029?
A: 11-12%, potentially reaching 14-15% with policy support.
Q: Why are GCCs shifting from back-end units to innovation hubs?
A: Due to India’s adoption of AI, digital tech, and cost-efficient talent.
Q: How many new GCCs are expected in India soon?
A: Over 150, as per PwC’s report.
Q: Name one government measure to boost GCC growth.
A: Enhancing digital infrastructure and ease of doing business.
Q: Which sector dominates India’s GCC ecosystem?
A: IT and business process services.


How to Prepare for Entrance Exams
Mastering current affairs like GCC trends is easier with MyEntrance.in’s predicted questions—curated by experts to match exam patterns. Our mock tests and topic-wise breakdowns ensure you’re exam-ready!
Bonus Tip: Revise related terms—CAGR, FDI, digital infrastructure—to ace objective sections.