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Bengaluru dominates chip GCC's in India with 42% of total units, says report

Updated: May 6

The city of Bengaluru dominates when it comes to setting up of semiconductor Global Capability Centers (GCCs) in India, according to a report by NASSCOM and Zinnov. Government-led initiatives aimed at fostering indigenous semiconductor production in India have significantly increased investment over the years, the report highlighted.

Often known as the Silicon Valley of India, Bengaluru accounted for about 42 percent of the total GCC units and 61% of GCC talent. This development becomes crucial at a time when information technology (IT) companies are struggling with tepid demand due to macroeconomic uncertainty. In the recent past, GCCs are emerging as a key hiring sector in India.

GCCs, which are dedicated offshore centers set up by a company to in-source IT and other related business functions, have come into the spotlight of late due to their hiring spree.

In total, over 95 GCCs were established in the financial year 2022-23 employing over 50,000 in the country, according to NASSCOM and Zinnov's "India GCC Trends" quarterly analysis.

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