PE firms, mid-market companies drive India’s new GCC wave (opens original article in a new tab)

Private equity-backed firms and mid-market companies are increasingly driving India's global capability centre (GCC) expansion, with a focus on AI, engineering, and product development beyond cost savings.

• Private equity-backed firms and mid-market companies are driving India's GCC expansion, with 31% of new GCCs between FY21-FY26 coming from this segment.
• PE-backed GCCs are used for AI, engineering, and product development, moving beyond cost arbitrage.
• Technology sectors like SaaS and IT security account for 55% of PE-backed mid-market GCCs.