Despite the rapid expansion of GCCs, policymakers believe that India still hosts relatively fewer global decision-making and senior leadership roles than it would like. (Magnific) India’s Global Capability Centre (GCC) ecosystem is undergoing rapid transformation, with multinational firms increasingly using their India centres not just for back-office operations but for AI development, engineering, research and global business functions. A recent report estimates India now hosts 2,117 GCCs employing 2.36 million professionals and generating nearly $98.4 billion in revenue in FY26. Global Capability Centres are offshore units set up by multinational corporations to handle strategic functions such as technology, engineering, operations, finance, research and product development for their global business.…