GCCs to generate 40 lakh jobs by 2030: Report

India hosts more than 1,800 Global Capability Centres (GCCs), employing 1.9 million professionals and generating USD 64.6 billion in export revenue in FY25, according to TeamLease’s report, GCCs in India: Cultivating Capability, Ensuring Compliance. Over 220 new centres have been added since FY23, marking a 14% increase. The sector is expected to create between 2.8 and 4 million jobs by FY2030. TeamLease estimates the total employment ecosystem at 10.4 million, including direct, allied, and induced jobs.

The report states that GCCs’ workforce comprises 20–22% entry-level employees, 75–77% mid-level specialists, and about 2.5% leadership roles. Salaries in GCCs are 25–30% higher than national averages. TeamLease projects that 14–22% of new hires by FY2030 will be digital-first freshers with skills in AI, cloud, data engineering, and cybersecurity.

On compliance, the report highlights that each GCC faces around 537 unique legal obligations and more than 2,000 overall, spanning labour, tax, and environmental laws, governed by 18 regulatory bodies. India’s broader legal framework includes nearly 1,500 legislative acts, generating about 69,000 compliance requirements across 3,500 official websites.

TeamLease Digital CEO Neeti Sharma said, “The sector is projected to create up to four million jobs by FY2030, with new digital-first roles dominating hiring.” TeamLease RegTech CEO Rishi Agrawal added that growing compliance complexity requires advanced legal and technological management systems.

The report notes the Union Budget 2025 proposal for a National Framework to promote GCCs in Tier-2 cities and emphasises collaboration between government, academia, and industry to develop skilled, compliant workforces. It identifies RegTech adoption as essential for scaling GCC operations.

TeamLease Digital has hired over 80,000 professionals and trained over 500,000 in technology skills. TeamLease RegTech serves more than 2,600 entities and 50,000 users across 50 industries via cloud-based compliance platforms.