India’s GCCs projected to add 1–1.4 mn jobs by 2031, says Embark report
An Embark report projects significant expansion in India's Global Capability Centres (GCCs) over the next decade. The sector is expected to grow its workforce from approximately 2.3 million currently to between 3.3 and 3.7 million by 2031, representing a net addition of 1–1.4 million jobs. The report also estimates that GCCs will generate 150–170 million square feet of additional office space demand, highlighting the sector's role in India's tech employment and real estate landscape.
Key points
- GCC workforce to grow from 2.3M to 3.3–3.7M by 2031
- Net job addition projected at 1–1.4 million
- 150–170M sq. ft. of additional office space demand expected
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