As per the media sources, the Global Capacity Centres based in India are planning to add nearly 180,000 – 200,000 employees by the end of FY23.
There are currently about 1,500 GCCs in India across sectors such as banking, financial services and insurance (BFSI), IT software, automotive, pharmaceuticals, retail and oil, and gas.
India will have over 1900 Global Capability Centres (GCCs) generating revenue of $58-$61 billion by 2025, as per a report by Zinnov and IT industry body NASSCOM.
The talent demand is increased post-post-pandemic due to high attrition and roles in demand are within the tech and digital house. Also, due to pandemics, the expansion of GCCs in India accelerated as many organizations have adopted the concept of remote working.
The hiring is estimated based on existing and upcoming global capability centres (GCCs). The hiring will be for the roles in solutioning, core growth, DevOps, cloud, cyber safety, virtualization, information analytics, and enterprise mobility.
That aside, roles in synthetic intelligence/machine studying, web of issues (IoT), robotic course of automation (RPA), and blockchain will be in demand.
As per the Xpheno, the hiring will be with organizations such as Amex, Financial institution of America, Wells Fargo, Citi, Barclays, Morgan Stanley, HSBC, Normal Chartered, Goldman Sachs, Amazon, Goal, Walmart, Shell, GSK, Abbott, and J&J.
Anil Ethanur, the co-founder at Xpheno, said, “The pickup in hiring post-pandemic is powered by a launch of pent-up demand and growth hiring by lively GCCs. Additionally, the hiring motion by and for brand new captives within the making has added to the funnel of hiring motion.”
Deutsche India
Dilipkumar Khandelwal, CEO, Deutsche India said, “India has a really deep expertise pool and numerous assets from throughout engineering and finance backgrounds. India is an important location when it comes to Deutsche Financial institution’s total footprint exterior of Germany.”
The company is also planning to hire nearly 3,000 employees this 12 months primarily in its expertise and operations groups.
Nielsen IQ
Mohit Kapoor, Chief Technology Officer, Nielsen IQ said “India as a market is very attractive from a commercial perspective. It also has one of the largest university systems with both quality and quantity of talent.” Our India hubs can be of strategic benefit for us going forward.” he added.
Nielsen is planning to hire nearly 5,000 employees in Chennai, Vadodara and Pune locations by 2023.
Top recruiters among GCCs in India are BFSI companies. In FY22, the BFSI GCC cluster net-added more than 60,000 jobs, accounting for nearly one-third of the total net additions during the fiscal.
And other top sectors include software, automotive, pharma, retail, and oil and gas. This cohort of firms collectively added about 170,000 jobs in India in the last FY22.
