Tag: Global Capability Centres

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
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Budget 2026: National GCC Framework Moves Beyond Bangalore to Tier-II/III Tech Hubs

The Union Budget 2026 has signalled the operational rollout of the National Global Capability Centre (GCC) Guidance Framework, which was announced in Budget 2025...

Budget 2026: Cloud Tax Holiday Extended to 2047; IT Safe Harbour Threshold Rises 10x

The Union Budget 2026 has extended a 21-year tax holiday, valid until 2047, for foreign cloud service providers that use Indian data centres to...

Emerging Enterprises Power India’s Next GCC Growth Wave

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...

Tamil Nadu, ANSR Sign MoU to Boost GCC Expansion

The Government of Tamil Nadu has signed a major Memorandum of Understanding with ANSR to scale Global Capability Centres (GCCs) in the state. The...

India’s GCC Workforce to Reach 3.46M by 2030 as AI Adoption Accelerates

India’s Global Capability Centre (GCC) ecosystem is heading into a defining decade, with AI adoption accelerating faster than talent systems can keep up. According...

Infosys Launches AI-First GCC Transformation Model

Infosys has launched a new AI-First GCC Model designed to help global enterprises build, scale and modernise their Global Capability Centres (GCCs) as AI-driven...

GIFT City Partners with ANSR to Strengthen GCC Ecosystem in India

Gujarat International Finance Tec-City Company Limited (GIFTCL) and ANSR Global Corporation have signed a strategic MoU to expand the Global Capability Centre (GCC) ecosystem...

Deutsche Börse Opens Global Value Centre in Hyderabad

Deutsche Börse Group, one of the world’s largest capital market technology providers, has inaugurated its Global Value Centre (GVC) in Hyderabad, India — a...

ANSR to Build India’s First GCC City in Maharashtra

In a major boost to India’s digital and economic infrastructure, global capability centre (GCC) specialist ANSR has signed a Memorandum of Understanding (MoU) with...

India’s GCC Economy May Add $200B by 2030: CII

The Confederation of Indian Industry (CII) has unveiled a model state policy aimed at accelerating the growth of Global Capability Centres (GCCs) across India....

Services Exports Should Surpass Goods in FY26: Goyal

Commerce and Industry Minister Piyush Goyal has urged India’s services sector to set its sights on surpassing merchandise exports in the next financial year,...

Indian IT Sector Poised for Growth in 2025 Amid Shifting Hiring Trends

The Indian IT sector is gearing up for a significant rebound in 2025 after weathering a challenging 2024, marked by slower hiring, delayed onboarding,...