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Bengaluru holds 36% of GCCs, Hyderabad excels in high-tech at 45%: Report

Business Standard LogoBusiness Standard1w ago

Bengaluru holds 36% of GCCs, Hyderabad excels in high-tech at 45%: Report - Business Standard

Quick Summary:

Neeti Sharma, chief executive of TeamLease Digital, emphasised the importance of GCCs as ‘engines’ of innovation and employment.“Over the past few years, GCCs have emerged as powerhouses of innovation and job creation across industries.

Despite a slowdown in the broader IT sector during the same period, the GCC software and internet sector continued to thrive, with a projected CAGR of 6.2 per cent by 2027.

Pune is becoming a critical player in the automotive space, while Mumbai remains a key hub for capital markets and financial services, offering expertise in data mining, predictive analytics, and big data solutions.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 15:18:55 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22652238

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 224 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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