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Latest Developments Shaping the Future of Global Capability Centers

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Deutsche Bank Appoints Stefan Schaffer as CEO of India Operations
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Deutsche Bank Appoints Stefan Schaffer as CEO of India Operations

Deutsche Bank has named Stefan Schaffer as the new Chief Executive Officer of Deutsche India, its Global Capability Centre (GCC), effective immediately. Schaffer will succeed Dilipkumar Khandelwal, who stepped down recently to pursue opportunities in the startup space.

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India’s GCCs Need Policy Overhaul to Reach 2,400 by 2030: Report
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India’s GCCs Need Policy Overhaul to Reach 2,400 by 2030: Report

India’s thriving Global Capability Centre (GCC) sector is on track to reach over 2,400 centres by 2030, up from more than 1,600 currently, according to a report by Nishith Desai Associates (NDA). The sector has evolved from low-cost back-office tech hubs to innovation centres, driving growth in data science, artificial intelligence (AI), and ESG strategy.

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GCCs Propel Bengaluru as Global Tech Powerhouse: CBRE 
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GCCs Propel Bengaluru as Global Tech Powerhouse: CBRE 

Bengaluru has been named among the top 12 global tech powerhouses in a report by real estate consulting firm CBRE, alongside leading markets like Beijing, London, and San Francisco Bay Area. The city has also been recognized as having the largest tech talent market in the Asia-Pacific region, alongside Beijing and Shanghai, with its tech workforce exceeding 1 million.

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Bengaluru Tops Fresher Hiring in Global Capability Centres
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Bengaluru Tops Fresher Hiring in Global Capability Centres

Bengaluru has emerged as the leading city for fresher hiring in the global capability centre (GCC) sector, with 17% of companies projecting a more than 50% increase in hiring in 2025, according to a report by NLB Services. This aggressive hiring approach outpaces other cities, driven by India's growing focus on entry-level talent to meet evolving industry demands.

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GCCs Favor Peers Over IT Services Cos - Report
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GCCs Favor Peers Over IT Services Cos - Report

Global Capability Centres (GCCs) in India are increasingly hiring senior executives from peer companies rather than IT services firms, reflecting a preference for innovative work experience and domain knowledge, according to a report cited by Mint.

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Gujarat’s ambitious GCC policy to attract Rs 10,000-crore investment

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