India, Nov. 24 -- India's global capability centre (GCC) story represents one of the most significant transformations of the past two decades. What began as a cost-arbitrage model has matured into a high-value engine of innovation and strategy. Today, India hosts over 1,700 GCCs employing nearly two million professionals. These centres are designing products, running global operations, and shaping corporate strategies for Fortune 500 firms and mid-sized global enterprises. By 2030, the sector is projected to contribute over $110 billion to India's economy, a testimony to its scale and scope.

The success of GCCs is the result of deliberate policy action. Over the last decade, the Government of India has built the rails on which this growt...