logo
Indias Global Capability Centres plan to expand workforce in FY26: Report

Indias Global Capability Centres plan to expand workforce in FY26: Report

News182 days ago
New Delhi, Aug 1 (PTI) India's Global Capability Centres (GCCs) are preparing for a talent expansion in 2025, with most HR leaders across sectors expect aggressive hiring expansion during 2025-26, says a report.
According to the report by Taggd in partnership with the Confederation of Indian Industry (CII) and JLL India, hiring sentiment remains strong for FY26, with 48 per cent of GCCs expected to increase hiring, while 19 per cent will maintain similar hiring levels seen in FY24.
The report titled 'Cracking the Growth Code for GCCs in India", captures insights from over 100 GCCs across sectors.
Early-career lateral talent with 1-5 years of experience remains the core hiring focus for GCCs, balancing cost, capability, and adaptability, the report said.
'For leaders building or scaling GCCs here, India's unique context demands a strategic, location-aware, and talent-centric approach that goes beyond global playbooks," Devashish Sharma, CEO, Taggd said.
The report also revealed how the average tenure expectations have decreased significantly, with Gen Z professionals preferring not to remain in the same role for more than 18-24 months because of reasons such as limited career advancement and role stagnation.
Moreover, there is a shifting location strategy, Tier 1 cities remain the epicentre, with 60 per cent of GCCs planning to hire exclusively from these six established hubs, while, 29 per cent plan to hire across a mix of Tier 1 and Tier 2 cities, and 13 per cent expect to hire in Tier 2 and Tier 3 cities.
'Growth of GCCs in India continues to reshape the commercial landscape. Organisations are adopting distributed workforce strategies, leading to a significant shift in their real estate needs," said Ajit Kumar, Managing Director – Work Dynamics Accounts, West Asia at JLL India.
The report further noted that Artificial Intelligence is rapidly transforming recruitment within GCCs, with 48 per cent planning to adopt AI-based hiring tools, while 24 per cent have already implemented them to varying degrees. PTI DRR DR DR
view comments
First Published:
August 01, 2025, 14:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Telangana's GCC advantage: Hyd's role in India's innovation future
Telangana's GCC advantage: Hyd's role in India's innovation future

Hans India

timean hour ago

  • Hans India

Telangana's GCC advantage: Hyd's role in India's innovation future

India's Global Capability Centers (GCCs) have historically centered around major metros like Bengaluru, Mumbai, and Delhi-NCR. Yet, quietly and decisively, Hyderabad has positioned itself as a dynamic new leader. Today, Telangana's capital hosts nearly 275 of India's 1,700 GCCs - a significant share set to expand rapidly. Crucially, this growth isn't merely about quantity, but about Hyderabad's rising strategic significance in global innovation. 'The speed at which Telangana transitioned from basic back-office operations to a global hub for innovation is truly remarkable,' Dr Purav Gandhi, CEO & Founder of Healthark, toldThe Hans India. Hyderabad has evolved into an integral node within global R&D and innovation networks, going beyond simple outsourcing, he added. Dr Purav Gandhi is a physician with an MBA and over 15 years of experience in the healthcare and life sciences industry, with deep expertise in advising clients across the full spectrum of life sciences domains. Telangana's deliberate policy agility underpins this success. Initiatives like TS-iPASS -Telangana's single-window clearance system - deliver rapid project approvals, often within two weeks. Combined with robust infrastructure, tailored incentives, and proactive governance, Hyderabad now offers multinationals unmatched efficiency and stability. The impact is evident across sectors. Global firms like Novartis, Bayer, HSBC, Micron, and Salesforce have significantly expanded their Hyderabad operations, shifting key global functions to the city. A groundbreaking collaborative model emerged in 2024, when 40 global healthcare firms joined to form the Life Sciences & Healthcare GCC Consortium, highlighting industry-driven collaboration rather than competition as a core strength. Yet, Hyderabad's story transcends healthcare alone. Banking giants such as JP Morgan and Wells Fargo use Hyderabad's analytics expertise for global risk management. Semiconductor leaders Micron and AMD rely on local engineering talent. Climate-tech innovators actively pursue cutting-edge solutions within Hyderabad's expanding R&D infrastructure. However, maintaining this trajectory requires addressing significant challenges. Growing talent demand in fields like artificial intelligence, quantum computing, and advanced analytics already surpasses local supply. Dr Gandhi emphasizes the need for swift action: 'Telangana must quickly expand its talent pipelines through innovative education models, micro-credentialing programs, satellite innovation hubs in tier-2 cities, and dedicated skill-development universities.' As Hyderabad continues its rapid economic ascent, the pressure on urban infrastructure is becoming increasingly evident. The city's success story must now be matched by strategic investments in housing, mobility, and sustainable development. Without thoughtful planning and timely action, the very growth that fuels Hyderabad's rise could begin to challenge its livability. Addressing these urban needs is not just important -it's essential for sustaining the city's momentum and quality of life. Looking to 2030, Telangana's comprehensive strategy involves scaling globally integrated consortium models, institutionalizing specialized education initiatives such as the upcoming Life Sciences University, and embedding artificial intelligence across all sectors. These coordinated efforts aim to elevate Hyderabad from regional prominence to global leadership in Hyderabad's GCC narrative is not just aneconomic growth story. It reflects a strategic reorientation of global value chains toward innovation, collaboration, and foresight. As Dr Gandhi concludes, 'Telangana has an opportunity to set global benchmarks. If Hyderabad maintains its momentum, it will not only transform the local economy but also redefine India's role in the global innovation landscape.' (This article is jointly brought to you by World Trade Center Shamshabad & Future City and Healthark, as part of a knowledge series supporting Telangana's aspiration to become a $1 trillion economy)

Big Tech continues to hire in India even as local majors downsize
Big Tech continues to hire in India even as local majors downsize

Time of India

time2 hours ago

  • Time of India

Big Tech continues to hire in India even as local majors downsize

Academy Empower your mind, elevate your skills ETtech Indian IT services majors may be trimming their workforce, but for Big Tech, it's still hiring season in giants under the FAAMNG umbrella – Facebook parent Meta, Amazon, Apple, Microsoft, Netflix, and Google – have grown their India headcount across their own and their affiliate entities by 16% over the past 12 months, data from staffing firm Xpheno pace of growth is slightly higher than 15% in the 12 months to August saw over 28,000 net employee additions in the past one year. The current estimated collective headcount across their entities in India is over 208,000, according to hiring rate 'is relatively healthy, especially with the buzz of AI potentially impacting pace and volume of hiring,' said Kamal Karanth, cofounder of companies continue to post healthy hiring demand in the country, with active openings at 4,500 currently, despite executing large-scale layoffs in the US, with an estimated 100,000 laid off Covid pandemic-induced hiring surge saw net additions for the FAAMNG cohort grow 35% year-on-year in 2022, followed by a slowdown to 6% growth in comparison, the top six Indian IT services firms saw headcount additions soar 22% on year in 2022, followed by declines by 0.2% and 3.1% in 2023 and 2024, respectively. As of June 2025, combined headcount in these firms grew 1.3% year-on-year to 1,625, the country's IT bellwether Tata Consultancy Service (TCS) on Sunday caused shockwaves as it announced layoff of 12,000 employees in mid-to-senior levels, citing skills mismatch in project global giants have also announced major layoffs in recent times, India has seen a lesser impact compared to many other geographies, experts noted.'While we do see some of this affecting India, the volumes so far are not as high as global numbers,' said Neeti Sharma, CEO of IT staffing firm TeamLease hiring in the industry is increasingly selective, with a focus on specialised skills, especially in artificial intelligence (AI) and cloud.'There is a high demand for skills such as AI, cloud and cybersecurity,' while hiring is down for support and routine roles, especially in conventional technologies, Sharma said.'Few older roles will gradually become redundant. However, newer roles are being defined,' she said. 'This transition is tough now, but it's needed to stay relevant.'Employees face more pressure to perform and upskill, especially in AI and cloud, as companies focus on keeping top talent and building leaner teams, Sharma per Quess IT staffing, hiring by large tech firms in India dipped by 3-6% in the fourth quarter of FY2025 ended in March. However, it was up by about 8-10% in the first quarter FY2026, it said.'While global tech firms are making headlines for layoffs abroad, many are increasing hiring in India, especially through their GCCs,' said Kapil Joshi, CEO of Quess IT global capability centres (GCCs) are now doing more high-end work, such as developing AI tools, cloud platforms, and new digital products, he the same time, companies are seeing the need to balance costs while increasing focus on innovation, experts said.'They need to train people faster, close talent gaps, and compete for the best candidates in a tight market,' Joshi said.

India To Continue Russian Oil Imports Despite Trump's Tariff and Penalty Threats: Report
India To Continue Russian Oil Imports Despite Trump's Tariff and Penalty Threats: Report

News18

time2 hours ago

  • News18

India To Continue Russian Oil Imports Despite Trump's Tariff and Penalty Threats: Report

Last Updated: In addition to announcing a new 25 per cent tariff on Indian exports to the US, Trump said that India could face further penalties over its continued purchases of Russian oil Indian companies will continue importing oil from Russia despite US President Donald Trump's move to impose higher tariffs and penalties on New Delhi, Reuters reported on Sunday, citing two government sources. In addition to announcing a new 25 per cent tariff on Indian exports to the US, Trump said in a Truth Social post that India could face further penalties over its continued purchases of Russian oil and weaponry. However, the sources indicated that no immediate shift in policy is expected. 'These are long-term oil contracts," one of the sources explained. 'It is not so simple to just stop buying overnight." Defending India's continued oil imports from Russia, a second source noted that these purchases have played a role in preventing a global spike in oil prices, which have stayed relatively stable despite Western sanctions targeting Russia's energy sector. The source also pointed out that, unlike Iranian and Venezuelan crude, Russian oil is not directly sanctioned, and India is procuring it below the price cap set by the European Union. Russian media reports have indicated that the Government of India has not issued any directive to domestic refineries to halt Russian oil imports or seek alternative suppliers. Meanwhile, a Reuters report on Friday suggested that India, one of the world's major energy importers, might halt purchases of discounted Russian oil. Reacting to the development, Trump told reporters it would be 'a good step" if confirmed. 'I understand that India is no longer going to be buying oil from Russia," he said. 'That's what I heard. I don't know if that's right or not. That is a good step. We will see what happens." However, Ministry of External Affairs spokesperson Randhir Jaiswal said that India is guided by what is on offer in the international market while securing its energy needs. 'In securing our energy needs, we are guided by what is on offer in the markets, and by the prevailing global circumstances," he said on Friday. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store