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Updated Jun 30, 2026 · 14:45
India News Updated Jun 30, 2026

India's GCC Ecosystem Set to Drive Next Wave of Innovation-Led Growth

India's global capability centre (GCC) ecosystem is poised to drive the next phase of innovation-led growth by collaborating with startups and incubators. This was stated by Atal Innovation Mission Director Deepak Bagla at the GCC Conclave organized by NITI Aayog. STPI Director General Arvind Kumar highlighted that India's 2,100 GCCs generate nearly $100 billion in revenue. The event saw participation from major tech firms like Intel, IBM, and Amazon, emphasizing stronger industry-startup collaboration.

India's GCC ecosystem can power the next wave of innovation-led growth: NITI Aayog

Bengaluru, June 30

India's global capability centre ecosystem is well-positioned to drive the country's next phase of innovation-led growth by partnering with startups, incubators and young innovators, Atal Innovation Mission Mission, Director Deepak Bagla said on Tuesday.

Speaking at the GCC Conclave -- organised by AIM, NITI Aayog, in partnership with the Software Technology Parks of India (STPI) -- on Innovation 2026 here, Bagla highlighted the growing role of GCCs in India's innovation journey and called for closer engagement between industry and the country's innovation ecosystem.

"As Prime Minister Narendra Modi has often emphasised, 'Jai Anusandhan' must become the driving force of a developed India. Over the last decade, Atal Innovation Mission has worked towards this vision by building India's innovation pipeline --from young innovators in more than 10,000 Atal Tinkering Labs to startups and grassroots innovators supported through over 100 incubators," he said.

"Today, GCCs have established India as a global hub for technology, engineering and product innovation. By bringing these strengths together, we can nurture talent, accelerate entrepreneurship, enable industry adoption and build globally competitive enterprises that contribute to the vision of Viksit Bharat 2047," Bagla added.

STPI Director General Arvind Kumar said India's GCC ecosystem, comprising over 2,100 centres generating nearly USD 100 billion in revenue, reflects the country's growing technological capabilities.

He noted that STPI has played a foundational role in building India's technology infrastructure and policy framework since 1991 and said the partnership with AIM would help connect GCCs with startups and innovators across the country.

Dr. Sanjay Tyagi, Director of STPI Bengaluru, said Bengaluru has emerged as India's leading hub for Global Capability Centres and stressed that stronger collaboration between startups, incubators and GCCs could accelerate technology commercialisation and entrepreneurship.

The conclave saw participation from leading multinational technology organisations, including Intel, IBM, Bosch, Amazon, SAP, Thermo Fisher Scientific, CGI, Shell, Mercedes-Benz, Philips, Morgan Stanley, NVIDIA, Samsung, SanDisk, Wipro and Yahoo, along with representatives from Atal Tinkering Labs (ATLs), Atal Incubation Centres (AICs), Atal Community Innovation Centres (ACICs), STPI Centres of Entrepreneurship, the Karnataka Digital Economy Mission (KDEM) and other ecosystem stakeholders.

— IANS

Reader Comments

Sarah B

Impressive numbers—$100 billion revenue from 2,100 GCCs. But I wonder how much of that innovation trickles down to smaller cities and rural areas. If we want true 'Viksit Bharat 2047', we need to ensure talent outside metros also benefits.

Priya S

Finally, some good news for Bengaluru! We have the talent and the ecosystem—now it's about execution. Hope this conclave leads to real partnerships between GCCs and our homegrown startups. Jai Anusandhan indeed! 🙌

Michael C

As someone who works in a GCC here, I can vouch for the quality of work being done. But the real test will be whether these centres can move beyond service-oriented roles to true R&D and product innovation. The ecosystem is ripe, but leadership matters.

Vikram M

Great to see companies like Intel, NVIDIA, and Samsung at the table. But I hope this isn't just another talk-shop in a fancy Bengaluru hotel. We need action—more incubation centres in Tier-2 cities, and actual funding flowing to young innovators.

Emma D

The 'Jai Anusandhan' push is inspiring, but we also need to address the education system. Students in 10,000 Atal Tinkering Labs is great, but are we teaching them critical thinking and problem-solving from an early age? That's the foundation for true innovation.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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