GCCs in India: The story so far

India’s global capability centre (GCC) ecosystem has become a major employment and economic driver, according to commerce and industry minister Piyush Goyal, who likened it to ‘work from home in a new fashion’. Speaking at the ASSOCHAM India Business Reform Summit 2026, Goyal said multinational companies accelerated their shift towards India after the COVID-19 pandemic demonstrated that large-scale operations could be managed remotely.
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