New Delhi, Feb 25 (TIWN): Amid the digital transformation wave in the pandemic, India has become a lucrative country to set up Global Capability Centres (GCCs) for several organisations, and availability of digital talent, maturity of startups, peer-GCC ecosystem and a conducive policy environment are among the factors enabling the GCC growth story in the country.

According to a latest Nasscom report titled ‘GCC India Landscape: 2021 & Beyond,’ more than 140 GCCs have set up their base in India in the last three years, taking the total to over 1,430 and Bengaluru is leading the pack.  The report said that engineering and research and development (ER&D) lead the growth story of GCCs in India with a 55 per cent market share, as digital technologies create new sources of revenue for ER&D GCCs to cater to the local customer base and develop engineering capabilities.