Team siliconindia

• GCCs could add $0.5 trillion to India’s economy and generate 20–25 million jobs.
• AI and digital disruption are redefining GCCs as global innovation hubs.
• India’s talent pool and demographic edge position it as a key player in the $10 trillion economy vision.

India's Global Capability Centers (GCCs) are set to become a key pillar of the nation's economic growth, with the potential to contribute $0.5 trillion in gross value added as the country moves toward becoming a $10 trillion economy, said Gunjan Samdani, Co-Chairman of Goldman Sachs India, at the CII GCC Summit held .

Speaking at the Confederation of Indian Industry (CII) event, Samdani emphasized that the next decade presents a generational opportunity for India, driven by a convergence of global trends including AI-driven transformation, supply chain realignment, and shifting geopolitical dynamics. He noted that 65% of global growth between now and 2035 will come from emerging markets, with India as a clear standout.

“India will be the fastest-growing economy in the world and will become a $10 trillion economy in the next decade”, Samdani said. He highlighted India’s demographic advantage, a strong pool of STEM graduates, and emerging AI talent, especially under the national AI Mission, as critical assets in this transformation.

Samdani also pointed out that Artificial Intelligence is the most significant disruptive force in today’s economy, with global tech spending expected to exceed $4.92 trillion by 2025. India’s GCCs, once viewed as cost-saving back-office operations, are now emerging as innovation hubs leading advancements in AI, automation, and digital infrastructure for global firms.

GCCs, which are offshore centers established by multinational companies to handle business operations for their parent organizations, are increasingly shaping strategic decisions rather than merely supporting them. Industry estimates show a shift in perception, with GCCs becoming integral to business innovation and enterprise transformation.

India’s strategic positioning allows it to simultaneously leverage global economic rebalancing and technological acceleration, positioning the GCC sector to employ 20–25 million people and contribute significantly to inclusive and sustained economic growth.