GCCs of Fortune-500 companies increasing in India: Why it matters
What's the story
India is increasingly becoming a hub for Global Capability Centers (GCCs) of Fortune 500 companies, according to a report by consulting firm ANSR. The study found that as of June 2025, 35% (174) of the world's top 500 companies have established their GCCs in India. This is an increase from the previous figures of 22% in 2015 and 28% in 2020.
Global confidence
Over 67% Fortune Global 30 firms have GCCs here
The report also highlights that over 67% of Fortune Global 30 companies have their GCCs in India. This shows the confidence that the world's largest corporations have in India's talent pool. The study was jointly conducted by ANSR and research firm UnearthInsight, and it found that these centers employ more than 950,000 professionals across India.
Regional dominance
Bengaluru, Hyderabad main hubs for GCCs
Bengaluru and Hyderabad are the main hubs for GCCs in India. Together they host over 200 such centers, employing over 560,000 professionals for Fortune 500 companies. These centers span various sectors including Banking, Financial Services and Insurance (BFSI), Retail/Consumer Packaged Goods (CPG), Healthcare, and Automotive.
Corporate presence
Most GCCs belong to US, German firms
The majority of GCCs in India are from US and German companies. However, there has been a recent surge in such centers from countries like Japan. The report also notes that Indian GCCs have entered the 'GCC 8.0' phase. They are moving beyond just support functions to setting industry benchmarks and collaborating with start-ups, digital platforms, and innovation networks in India on behalf of their parent companies.