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India’s GCC framework in Budget 2025: Industry lauds but urges deeper collaboration

India’s GCC framework in Budget 2025: Industry lauds but urges deeper collaboration

04 Feb, 2025

The introduction of a national guidance framework for GCCs is a forward-thinking step that reinforces India’s position as the GCC hotspot of the world. By bringing cohesion and strategic direction to a sector poised to contribute 2-5% of the country’s GDP, this initiative provides structured support at the central level, ensuring a unified approach to FDI beyond individual state-driven efforts.

With India already home to over 1,700 GCCs and 1.9 million highly skilled professionals, a central policy streamlines regulations and enhances ease of doing business for global enterprises looking to establish and scale their GCCs. More importantly, it unlocks access to diverse talent across the subcontinent, enabling companies to tap into deep technical expertise and innovation hubs beyond traditional metro cities. This move will further strengthen India’s role as a hub for high-value work, innovation, and longterm economic impact.

For this framework to drive meaningful outcomes, it is critical to incorporate insights from all key stakeholders – GCCs, enablers, startups, service providers, industry bodies, and policymakers. A collaborative, ecosystem-driven approach will ensure the policy remains comprehensive, future-ready, and aligned with the evolving needs of global enterprises.

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