How Policy reforms are boosting GCC growth in India

India’s Global Capability Centres (GCCs) are evolving from back-office operations to global centers of finance transformation, business advisory services, business solutions, business transformation, and IT business solutions. This ascent owes much to strategic policy reforms at both the federal and state levels.

GCC Growth: By the Numbers

MetricValue
Office leasing YoY (Jan–Jun 2025)+30.8% (13.85 mn sq ft) 
GCC market size (start of 2025)≈ US$72 bn; projected to reach ~110 bn by 2030
Number of GCCs in India (mid‑2025)~1,600–1,700; expected >2,000 by end‑2025
Jobs expected from UP GCC policy200,000 roles in IT, analytics, HR, finance

Federal-Level Reforms: Simplifying the Ecosystem

1. Industry-led national framework

The Ministry of Electronics & IT (MeitY) established a panel to draft a national GCC framework-addressing transfer-pricing, taxation, and improving global business solutions delivery.

2. Ease of doing business

According to Nishith Desai Associates, streamlined multi-state compliance and licensing processes will unlock faster GCC expansion-boosting firms relying on business consulting services and business transformation.

State-Level Reforms: Case Studies

1. The GCC Policy of Uttar Pradesh 

  • Financial incentives: 30–50 % land & stamp‑duty subsidy; 20 % OPEX reimbursement (lease, cloud, power); payroll support up to ₹1.8 lakh/year; 100 % EPF refund for diverse employees.
  • Talent skilling: ₹50k employee training subsidy; internship reimbursements; R&D proof‑of‑concept grants; IP/patent support
  • Hub‑and‑spoke model: Encouraging GCCs beyond NCR in Kanpur, Varanasi, Prayagraj.
  • Conclave impact: Over 20 companies (Microsoft, TCS, Standard Chartered) committed to UP during June 2025 conclave.

Result: 

UP expects 200,000 new jobs while supporting IT business solutions, finance transformation, and advisory services.

2. Karnataka Incentives Plan

  • Goal: double GCCs to 1,000 by 2029, creating 350,000 jobs and US$50 bn economic output
  • Incentives: rental reimbursements, electricity & patent fee exemptions, funding for talent & AI innovation parks.

3. Gujarat IT/ITeS Policy (GIFT City)

Capex (The Centre for Operations & Procurement Excellence):  25% INR 200 cr subsidies for regular and mega projects

Opex: 15% per annum rebate

Employment incentives: EPF refund + AI Centre of Excellence.

Real-World GCC Case Studies

  • SAP intends to establish a 15,000-seat CoE in Bengaluru by August 2025, motivated by national and Karnataka incentives.
  • Microsoft is developing a 10,000-seat GCC facility in Noida; MAQ has opened a 3,000-seat engineering centre-direct results of UP’s recent reforms.
  • Nagarro took on rent 700,000 sq ft in Gurugram during H1 2025, testifying to increasing demand for business consulting services.

Why This Matters for Business & Advisory Firms

  • Finance transformation: GCC demand for regulatory compliance, digital accounting, financial analytics is surging in hubs like Bengaluru, Delhi, Hyderabad
  • Business consulting services: Rising leasing across tech, BFSI, manufacturing sectors (55% of H1 2025 leasing) creates opportunities in process optimisation and advisory.
  • IT business solutions & global business solutions: CoEs and AI-driven hubs need systems integrators, cybersecurity, and digital transformation specialists

The Road Ahead

India’s GCC ecosystem is shifting away from cost arbitrage and towards multi-sector, innovation-led platforms:

  • Policy reforms at national and state levels are making business transformation a breeze
  • Policy transparency, financial incentives, and infrastructure are driving hyper growth in tier‑II/III cities
  • Companies working on business consultancy, advisory services, business consultant positions, and IT business solutions will benefit greatly from this

Final Takeaway

By this strategic change in the policy India is molding a dynamic and diversified GCC scenario. Supported by federal structures and forceful state-level incentives, Noida, Lucknow, Bengaluru, Bengaluru, and Gandhinagar are set to become locations for tech-based, finance-led GCCs well into the 2030s. For companies that provide business solutions, business consulting services, global business solutions, and security-based finance transformation, the current time is ideal to engage.

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