Bengaluru, July 24 (IANS) Chief Minister D.K. Shivakumar on Friday called upon industry leaders to partner with the Karnataka government in shaping the state’s next phase of growth, announcing plans to expand world-class infrastructure beyond Bengaluru, establish an AI University with industry participation, and launch new policies to strengthen the technology ecosystem.Addressing CEOs at a meeting, Shivakumar said Bengaluru’s greatest strength lies in its talent pool and innovation ecosyste…
Latest Global Capability Centres News & Updates
New Delhi, July 24 (IANS) Global Capability Centres (GCCs) are set to drive nearly half of India’s office space demand over the next two years, reinforcing the country’s position as a leading global innovation hub, a report said on Friday.A report by Colliers showed that GCCs are expected to account for 45-50 per cent of India’s Grade A office leasing demand in 2026 and 2027, with annual leasing projected at 35-40 million square feet.Since 2021, GCCs have leased about 118 million square feet of …
New Delhi, July 17 (IANS) India’s semiconductor push is expected to create 1.5 lakh-2 lakh direct and indirect jobs over the next five years while transforming the country’s electronics industry from an assembly-led manufacturing base into a global hub for chip design, engineering and innovation, industry said on Friday.According to analysis of NLB Services, the next phase of the semiconductor mission will go beyond manufacturing and focus on building an integrated ecosystem spanning chip design…
New Delhi, July 15 (IANS) Labour Minister Dr Mansukh Mandaviya on Wednesday said that we are confident and committed to building resilient labour markets that are formal, inclusive, gender-responsive, digitally empowered and future-ready, ensuring that no worker is left behind.Addressing the ‘BRICS Labour and Employment Ministers’ Meeting’ in Hyderabad under India’s BRICS Chairship 2026, Dr Mandaviya said India’s Chairship has been guided by the vision of Prime Minister Narendra Modi, ap…
New Delhi, July 15 (IANS) India’s Global Capability Centres are increasingly shifting from external hiring to role‑adjacent reskilling to build AI and digital talent, with hiring demand concentrated on mid‑career professionals, a report said on Wednesday.The report from Quess Corp said 56 per cent of GCC hiring demand in the first quarter of FY 2027 was concentrated in professionals with four to 12 years’ experience, and organisations are increasingly building new career pathways through…
Bengaluru, July 14 (IANS) Chief Minister D.K. Shivakumar on Tuesday announced that Karnataka will establish India’s first government-driven Artificial Intelligence University, reaffirming the state’s ambition to emerge as a global hub for responsible AI innovation.The Chief Minister also announced the creation of an AI Hub that will function as an incubation centre for research and development, bringing together startups, companies, academic institutions and innovators to accelerate AI-driven s…
New Delhi, July 14 (IANS) India’s office market delivered resilient leasing of 37.9 million sq. ft. in the first half of 2026, with Global Capability Centres already on track to match or surpass last year’s record levels, a report said on Tuesday.”In H1 2026, GCCs have already leased 15.8 million sq. ft, on track to match and potentially surpass last year’s record levels, given ongoing space discussions and new entrants planning on setting up their centres in the country during the year,” …
Bhopal, July 13 (IANS) Madhya Pradesh Chief Minister Mohan Yadav on Monday said the state is emerging as a major destination for technology investments, making rapid progress in sectors such as artificial intelligence (AI), data centres and semiconductor manufacturing.Addressing the MP Tech Growth Conclave 3.0: GCC, Data Centre and Semiconductor in Bhopal, CM Yadav said the state had fulfilled the commitments made during the previous two editions of the conclave.”In the last two years, we have f…
New Delhi, July 10 (IANS) Nearly 500 Global Capability Centres (GCCs) in India are apparently not realising their full potential and have begun to plateau, warranting a strategic reset that prioritises enterprise value, leadership and AI capability over cost savings, a report said on Friday.The GCC model in India has reached an inflection point and the centres that define the next phase, will be the ones that get the foundational choices governance model, talent strategy, technology backbone rig…
New Delhi, July 9 (IANS) India now hosts around half of the world’s Global Capability Centres (GCCs) and has emerged as the second-largest base for enterprise artificial intelligence (AI) talent globally, reflecting the country’s growing role in innovation, technology and high-value global business operations, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Thursday.Addressing the CII GCC Business Summit, Nageswaran said India’s GCC ecosystem has undergone a remarkable transformation …