Indias export surge: A resilient economic odyssey to $776 billion and beyond – The Financial Express

The surge in exports of business services has also been driven by Global Capability Centres (GCC) or captive technology facilities of large global lenders and MNCs that are primarily situated in India. India now has 1,500 GCCs peppered across the country which employ 1.3 million people. In fact, 45 per cent of the world’s GCCs are now in India.