Nasscom – Zinnov India GCC Trends Half Yearly Analysis

India continues to be the destination of choice to set up new Global Capability Centres (GCCs). As of June 2023, India hosts a thriving ecosystem of 1580+ GCCs, collectively housing a remarkable pool of 1.66 Mn+ talented professionals. This remarkable growth underscores India’s position as a prime destination for fostering global business operations and innovation.

This H1 update of the nasscom-Zinnov India GCC trends takes stock of the happenings in the first half-year of 2023, and focuses on Automotive and Aerospace & Defense verticals. In the previous 4 editions, we analyzed Retail, BFSI, Healthcare, Telecom & Networking respectively. With the help of case studies of established, mature GCCs in the Automotive and Aerospace & Defense verticals, this edition of the report underlines the fact that India's mature ecosystem is much coveted, and that GCCs have made themselves indispensable parts of HQ.