State GCC policies target 1.18 million jobs, over 1,300 centres by 2029-31: CBRE
Executive Take
State governments are now competing directly for GCC investment, so location incentives will shape where you set up next. Tier-II cities will get cheaper and more aggressive to court, not just Bengaluru and Hyderabad.
Executive Summary
CBRE reports Indian state GCC policies target 1.18 million new jobs and over 1,300 new Global Capability Centres by 2029-31. Currently 94% of India's 2.36 million GCC professionals work in six tier-I cities, leaving emerging locations significant room to attract new centres.
Why It Matters
GCC leaders planning India expansion need to track which states are offering the best incentives before land and talent costs rise further in saturated tier-I hubs. HR leaders should watch talent supply shift toward newer cities.
Bizquad Perspective
The real bottleneck isn't policy incentives, it's whether tier-II cities can actually supply the mid-to-senior GCC talent that 1,300 new centres will need at once.