Despite US policy headwinds, India’s GCCs remain “not just resilient, but essential”

India’s Global Capability Centers (GCCs) are facing not just one, but two policy storms. The hubs powering thousands of tech and engineering jobs in the country are facing significant headwinds from new policy changes in the US. In the first place, the proposed HIRE Act brings a 25% outsourcing tax for US companies using foreign contractors. Secondly, eye-watering increases in H-1B visa fees are being introduced by the Trump administration. Together, will these shake the foundation of India’s GCCs?

India is home to 1,700 GCCs, or more than half the global tally. GCCs in India have become backbone hubs for multinational firms. According to Colliers’ latest report, “GCCs in India: Building the Future of Global Enterprises,” since 2021, GCCs have leased around 100 million square feet of office space across the top seven cities in India, driving record-breaking transaction volumes across most cities. Over the past few ...