Budget 2026 Can Accelerate India’s GCC-Led Innovation Growth: Srinivas Nandigam

Budget 2026 Can Accelerate India’s GCC-Led Innovation Growth: Srinivas Nandigam

Srinivas Nandigam, Managing Director, Global Capability Centre, Advance Auto Parts India:

“India’s Global Capability Centre ecosystem has entered a phase of sustained maturity and global relevance. Today, the country hosts over 1,700 GCCs employing more than 1.6 million professionals, representing the largest concentration of GCC talent worldwide. The sector’s economic contribution is estimated at over USD 46 billion, with growth increasingly driven by advanced engineering, data platforms, AI enablement, and product development roles.

Over the past year, continued investments in digital infrastructure, skilling initiatives, and regional development have further strengthened this momentum, enabling GCCs to evolve from support centres into global innovation engines. Enterprises have expanded their India mandates across areas such as applied AI, cloud architecture, cybersecurity, and platform engineering, reflecting rising confidence in the depth and quality of India’s technical talent. 

As the focus shifts toward Budget 2026, the opportunity lies in strengthening structured talent ecosystems and long-term capability building. This includes deeper industry academia collaboration, targeted investment in advanced engineering and digital skills, and policy support that enables sustainable growth across both established and emerging talent hubs. With global enterprises increasingly scaling innovation closer to talent, India is well positioned to lead the next phase of engineering excellence and technology leadership.

Advance Auto Parts India Innovation Centre sees Budget 2026 as an important catalyst to further elevate India’s role as a global hub for engineering innovation and enterprise transformation.”

Neel Achary

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