Synopsis: India’s tier-II cities are emerging as the new frontier for global capability centers. As metro cities are growing more expensive, Tier 2 cities are offering attractive opportunities to launch GCC hubs there.
GCCs are a corporate entity where multinational companies create offshore hubs for critical functions such as IT, finance, analytics, HR, and R&D. GCC is entering into tier 2 cities to reduce costs in terms of talent acquisition, cost of living, infrastructure, and government support. This will boost its economy.
Top 6 Tier 2 GCC Growing Cities
1. Coimbatore
No. of GCC: 25+
Sectors: IT (Cognizant, Bosch), Engineering, Manufacturing
2. Kochi
No. of GCC: 20+
Sectors: IT/ITeS(EY, Allianz, IBM, Nissan Digital)
3. Ahmedabad
No. of GCC: 15+
Sectors: FinTech, Sem