India’s AI and GCC growth reaches 2030 targets ahead of time

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India emerges as global AI and technology hub ahead of 2030 projections
India emerges as global AI and technology hub ahead of 2030 projections

India’s technology sector is witnessing faster-than-expected growth, with the country’s Global Capability Centre ecosystem nearly achieving projections that were originally estimated for 2030. The sharp rise highlights India’s growing role in the global artificial intelligence and digital economy landscape.

According to data published by a news agency, India’s GCC revenue reached $98.4 billion in FY26. Earlier estimates had projected similar numbers only by the end of the decade. GCCs are specialised units of multinational companies that handle software development, AI solutions, cybersecurity, engineering services, research, and data analytics.

India currently hosts thousands of these centres operated by global technology firms, banks, pharmaceutical companies, and industrial groups. The country, once mainly known for outsourcing and business support services, is now emerging as a major hub for AI innovation and intelligent technology development.

Artificial intelligence has become the biggest growth driver behind this expansion. Global companies are increasingly shifting projects related to generative AI, cloud computing, automation, and data analytics to India. Industry experts say AI-focused work now forms a major share of new technology contracts in the country.

India’s advantages continue to attract global businesses, including a large skilled workforce, an English-speaking IT ecosystem, lower engineering costs, and rapidly improving digital infrastructure. The government is also increasing investments in data centres, digital platforms, AI training programmes, and indigenous AI model development.

The rapid expansion of GCCs reflects a larger global shift in technology operations. Companies are diversifying their digital infrastructure across multiple regions instead of depending on a single market. This trend is helping India strengthen its position in the global technology ecosystem.

Industry estimates show that GCCs in India now employ more than 2 million professionals, with hiring expected to continue growing. Experts believe India is no longer competing only as a low-cost service provider, but also as a centre for creating intellectual property, AI models, engineering research, and enterprise digital solutions.

The shift could significantly impact the global IT industry, with India emerging as a major technology and AI powerhouse while global firms continue to seek alternatives for technology operations previously concentrated in China.

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