India is on course to become the undisputed hub for global capability centres (GCCs), with over 2,400 such facilities expected to operate across the country by 2030, according to a report released on Wednesday by TeamLease Services. The staffing major noted that former U.S. President Donald Trump’s crackdown on H-1B visas had little impact on multinational offshoring strategies.
At present, India hosts more than 1,800 GCCs spanning diverse sectors from manufacturing to financial services. These centres collectively account for over half of the world’s GCCs and contribute $64.6 billion in export revenue. TeamLease projects that this figure will nearly double by 2030, generating an estimated $110 billion in economic value.
GCC-related staffing contributes over 60 per cent of TeamLease’s net revenue. Despite earlier concerns over the U.S. administration’s tougher immigration policies, including stricter H-1B scrutiny and potential levies on outsourced work, the company believes these measures have not derailed long-term hiring plans.
"People don't just change hiring and firing at the whim of some political policy-related decision," said Rishi Agarwal, co-founder and CEO of TeamLease RegTech, a subsidiary of TeamLease Services.
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While the majority of GCCs in India are established by U.S. corporations, there is a growing influx of investment from European and Southeast Asian firms drawn by India’s vast talent base, competitive costs, and favourable policy environment. Several state governments, including Uttar Pradesh, have rolled out dedicated GCC policies to attract further investment.
"In the long run, what we hear global leaders talk about is that there will be more work coming into India... out of the top 500 global firms, almost 50%-60% are already here, and are continuing to hire," said Neeti Sharma, CEO of TeamLease Digital.
The next phase of expansion, Sharma noted, will be driven by smaller “nano-GCCs” employing fewer than 100 professionals, with a sharp focus on research, development, and artificial intelligence. These lean, agile units are expected to leverage India’s cost-effective talent and robust infrastructure to fuel the next chapter of global innovation.
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