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The Economic Times

Economy / The Economic Times

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India wants to lead, not just host, GCCs: Nirmala Sitharaman

India aims to lead global capability centres and the world's knowledge economy. The nation now hosts over half of the world's GCCs, which is significant. India's focus shifts from scale to enabling innovation and shaping future technologies. Enterprises are prioritizing innovation and long-term competitiveness over cost reduction. The government is creating an enabling policy ecosystem for future GCC growth.

9 Jul 2026 9:43 pm