India remains a leading destination for tech GCC: Economic Survey

Quick Summary:

According to the survey, the number of GCCs in India has grown from about 1,430 in FY19 to over 1,700 in FY24, employing nearly 1.9 million professionals.

Global capability centres are technology-focused organisations of foreign companies, which leverage the talent in the country.

Tech exports reached nearly $200 billion, reflecting a growth of 3.3%, while the domestic market is expected to expand by 5.9%, crossing $54 billion in FY24.

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Article Details

Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: India

Topics: Talent Survey Grown Engineering Global Tech Fy24 Privacy Policy India Gccs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 13:55:47 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 25672154

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 36 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

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