India GCC enablement market to reach $20-25 billion by 2030
Business
India's Global Capability Center (GCC) enablement market is set for big growth, with estimates showing it could rise from about $12-15 billion today to $20-25 billion by 2030.
This jump is driven largely by expansion of existing GCCs, alongside new entrants.
Commercial real estate and subcontracting dominate
According to UnearthIQ's report, nearly 80% of the market comes from commercial real estate (think office spaces and coworking hubs) and talent subcontracting.
Brownfield expansions by existing GCCs make up the bulk of this value, while new setups add a smaller slice.
The ecosystem has grown more than 15 times in the last decade and now sees about 80 to 100 new GCCs launching each year.