New Delhi, May 24 -- India is experiencing a significant surge in the establishment of Global Capability Centres (GCCs), positioning itself as a global hub for innovation and leadership.

These centers, once primarily focused on cost-effective outsourcing, have evolved into strategic units driving technological advancements and business transformations for multinational corporations.

According to a report by Nasscom and Zinnov, India's GCC market is projected to grow from $64.6 billion in 2024 to between $99 billion and $105 billion by 2030.

This growth is expected to increase employmentfrom 1.9million to approximately 2.8 million individuals.

Notably, leadership roles within these centers are anticipated to rise from 6,500 to over 30,...