![Separator Separator](/images/line.png)
Karnataka's GCCs to Have One Million Professionals by 2030
![Separator Separator](/images/line.png)
Global Capability Centers (GCCs) will have one million professionals from Karnataka, according to a report by the state's minister of electronics, information technology, and telecommunications, Priyank Kharge.
Today, there are more than 5.5 lakh professionals from Karnataka employed by around 275 Forbes Global 2000 organizations.
Kharge emphasized that the state must increase its involvement in the production of GCCs.
“We have a little more work to do in manufacturing. We have got 27% and some pulling up of socks to do. But with Volvo, Boeing and Johnson Controls, I don’t see why it should be difficult to convince the rest of the ecosystem to be here,” he said after releasing the report.
"The landscape report offers significant insights for businesses seeking to capitalize on Karnataka's advantages and achieve remarkable business results," stated Lalit Ahuja, the founder and CEO of ANSR, a consulting firm that worked with the IT/BT department and the Karnataka Digital Economy Mission (KDEM) to prepare the report.
“We are implementing strategic interventions and facilitators to establish a resilient business and operational ecosystem for GCCs. We are coming up with the first GCC Policy in India to better support the GCCs looking to start operations in Karnataka,” he said.
Chairman of the Karnataka Startup Vision Group Prashanth Prakash remarked that the state's position as a leader in the GCC ecosystem complemented its position in the start-up ecosystem, fostering radical innovation and fortifying ties between start-ups and GCCs.
“Today's GCCs are eager to collaborate with novel start-ups to enable R&D. This report highlights Karnataka's existing GCC ecosystem and helps identify sectors poised for rapid growth over the next few years. By aligning our start-up growth with the showcased GCC growth, Karnataka has the potential to achieve remarkable success.”
Kharge emphasized that the state must increase its involvement in the production of GCCs.
“The high-calibre projects and groundbreaking solutions from these centres are retaining our best minds and propelling India onto the global stage as a hub for excellence and ingenuity. The latest GCC report by ANSR and KDEM is a testament to this remarkable journey and a beacon for future growth.”
Karnataka will continue to hold the top spot in the global GCC ecosystem with the support of the impending GCC policy. This research supports our position and demonstrates Karnataka's ability to draw GCCs to the state, according to Ekroop Caur, Secretary of the department of electronics, IT, and BT.