India’s global capability centre (GCC) ecosystem is set to drive the nation’s innovation-led growth phase by collaborating with startups, incubators, and young innovators, according to Atal Innovation Mission (AIM) Director Deepak Bagla. Speaking at the GCC Conclave in Bengaluru, Bagla emphasized the increasing role of GCCs in India’s innovation landscape and called for enhanced interaction between industry and the country’s innovation ecosystem.
Bagla highlighted the significance of innovation in India, citing Prime Minister Narendra Modi’s emphasis on ‘Jai Anusandhan’ as a key driver for the country’s development. He noted AIM’s efforts over the past decade in fostering India’s innovation pipeline, from supporting young innovators in Atal Tinkering Labs to nurturing startups and grassroots innovators through various incubators.
India’s GCC ecosystem, comprising over 2,100 centers that generate nearly USD 100 billion in revenue, reflects the country’s expanding technological capabilities, as stated by STPI Director General Arvind Kumar. He underscored STPI’s pivotal role in shaping India’s technology infrastructure and policy framework since 1991, highlighting the partnership with AIM to facilitate connections between GCCs and startups nationwide.
Dr. Sanjay Tyagi, Director of STPI Bengaluru, highlighted Bengaluru’s emergence as India’s premier hub for Global Capability Centres and stressed the importance of stronger collaboration among startups, incubators, and GCCs to expedite technology commercialization and entrepreneurship.
The GCC Conclave witnessed the participation of major multinational technology firms such as Intel, IBM, Bosch, Amazon, SAP, and others, alongside stakeholders from various innovation centers and organizations, including Atal Tinkering Labs, Atal Incubation Centres, and STPI Centres of Entrepreneurship, among others.
