GCCs: India's $2 Trillion Engine of Growth by 2030

GCCs: India’s \$2 Trillion Engine of Growth by 2030

A new report by ACCA (the Association of Chartered Certified Accountants) paints a rosy picture for India’s Global Capability Centres (GCCs). These centres are projected to contribute a significant 2% to India’s GDP by 2030.

This translates into a massive job creation spree, with an estimated 2.8 million new employment opportunities anticipated within the next five years. The report highlights GCCs as a vital driver of economic expansion and employment generation.

The ACCA’s findings underscore the burgeoning importance of GCCs in India’s economic landscape. This growth sector promises to be a significant contributor to India’s ambition of becoming a global economic powerhouse.

The implications are far-reaching, impacting everything from infrastructure development to skill enhancement initiatives. The government’s focus on fostering a conducive environment for GCCs will be crucial in realizing this immense potential and ensuring inclusive growth across the nation.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.