India’s Global Capability Center (GCC) story is entering a new phase, and this time it is not just global giants setting up large captive centers. A new ANSR report shows how emerging, investor-backed, and digital-first enterprises are quietly building a second engine of GCC growth, one that is lean, capability driven, and deeply tied to product and engineering outcomes.
According to ANSR’s Emerging Enterprises’ GCCs in India – Landscape Report 2025, more than 610 such companies have set up GCCs in India as of 30 September 2025. Together, they employ over 462,000 professionals and generated 14.23 billion dollars in cumulative revenue in FY2025, underlining how central India has become to their global operating models.
PE-Backed Firms Lead The New GCC Wave
One of the strongest signals in the report is the role of private equity. More than 64 percent of new GCCs established since 2020 are backed by PE investors. These entities are not building large support centers. Instead, they are using GCCs to drive 50 to 60 percent efficiency gains, accelerate product velocity, and improve EBITDA by concentrating critical capabilities in India.
These centers typically focus on digital engineering, data, AI, platform reliability, and core product work. The emphasis is on time to value rather than headcount, which is reshaping how the GCC model is understood and measured.
GCC Growth Outlook: 1,200 Emerging Enterprise Centers By 2030
The report projects that the number of emerging enterprise GCCs could more than double to over 1,200 by 2030, at a compound annual growth rate of around 14 percent. This is being driven by three strategic priorities: accelerated digital transformation, stronger engineering ownership, and the need to control IP and product roadmaps more tightly.
Technology and SaaS firms account for 56 percent of these GCCs today, reflecting India’s depth in cloud, SaaS, and product engineering talent. However, adoption is broadening. Manufacturing and industrial players now account for about 10 percent of emerging enterprise GCCs, telecom, media, and entertainment around 6 percent, and BFSI 5 percent. These sectors increasingly depend on India to run modernization programs, data platforms, and AI-led transformation.
Bengaluru Still Leads, But New Hubs Are Rising
Bengaluru continues to be the primary destination, hosting more than 205 emerging enterprise GCCs and offering a dense ecosystem of talent, startups, and technology partners. Hyderabad has built strong momentum in recent years, supported by infrastructure readiness, active state policy support, and a fast-expanding tech workforce.
The report also highlights a quiet but important trend: non-metro cities now account for 14 percent of emerging enterprise GCCs. Locations such as Coimbatore, Ahmedabad, Kochi, Trivandrum, Visakhapatnam, Jaipur, and Indore are emerging as focused hubs for specialized teams, offering cost advantages without compromising on quality of talent.
A Shift From Scale To Capability
As Vikram Ahuja, Co-founder at ANSR, points out, emerging enterprises are redefining what a GCC is supposed to achieve. Instead of chasing scale for its own sake, these centers are being architected around capability creation, differentiation, and speed of execution. Innovation and impact are being measured less by seat count and more by the quality of engineering, data, and AI work that happens out of India.
For India, this marks the next phase of the GCC story. The country is no longer just a back office for global companies. It is steadily becoming the core engine for high-growth enterprises that want to own their technology, build faster, and compete globally.
