Technology News | ⚡India: Over 130 UK GCCs Generate $6.5 Billion Annually – What It Means for Professional Services








Technology News | ⚡India: Over 130 UK GCCs Generate $6.5 Billion Annually – What It Means for Professional Services

Published: June 2024 | Author: Han Digital Insights Team

Introduction: India’s Rise as a Global Capability Centre (GCC) Powerhouse

India has firmly established itself as the global hub for Global Capability Centres (GCCs), with over 1,580 GCCs operating in the country as of 2024. A recent report by LatestLY highlights a remarkable milestone: over 130 UK-based GCCs in India are now generating $6.5 billion in annual revenue. This surge is not just a testament to India’s technological prowess but also a signal to global professional services companies seeking to establish or expand their footprint in the world’s fastest-growing digital economy.

This article explores the latest trends, research, and strategic insights for professional services firms considering the GCC model in India. We also examine how Han Digital, with its deep understanding of talent markets and leadership networks, is uniquely positioned to guide organizations in this transformative journey.

UK GCCs in India: A $6.5 Billion Success Story

According to the LatestLY article, the UK-India Business Council (UKIBC) has identified more than 130 UK-headquartered companies operating GCCs in India. Collectively, these centres employ over 66,000 professionals and contribute $6.5 billion in annual revenue. The sectors leading this expansion include:

  • Banking, Financial Services & Insurance (BFSI)
  • Technology & IT Services
  • Consulting & Professional Services
  • Pharmaceuticals & Life Sciences
  • Engineering & R&D

This growth is driven by India’s robust digital infrastructure, abundant skilled talent, cost efficiencies, and a favourable regulatory environment that supports innovation and global collaboration.

Why Professional Services Companies Are Doubling Down on India GCCs

The professional services industry—spanning consulting, legal, accounting, and advisory—has been at the forefront of leveraging India’s GCC ecosystem. Here’s why:

  • Access to Deep Talent Pools: India produces over 1.5 million engineering graduates annually, with a growing focus on digital, AI, analytics, and domain-specific skills.
  • Cost Optimization: Establishing a GCC in India can reduce operational costs by 30-60% compared to Western markets, according to NASSCOM’s 2024 GCC Trends Report.
  • Innovation & Digital Transformation: GCCs are no longer just back-office support centres; they are now innovation hubs driving R&D, automation, and client-facing solutions.
  • Strategic Control: GCCs allow professional services firms to retain strategic control over critical business processes, data, and IP.
  • Resilience & Scalability: India’s mature GCC ecosystem offers resilience against global disruptions and scalable models for rapid growth.

Latest Research: 2024-2025 GCC Trends and Insights

Recent research from EY (2024 GCC Pulse Report) and NASSCOM highlights several key trends shaping the GCC landscape for professional services:

  1. Shift to Value-Added Services: Over 70% of new GCCs are focusing on high-value digital, analytics, and consulting services, moving beyond traditional transactional work.
  2. Leadership Talent Localization: There is a growing trend of appointing Indian leaders to head GCCs, ensuring better alignment with local talent and business culture.
  3. ESG and Sustainability: GCCs are increasingly leading Environmental, Social, and Governance (ESG) initiatives for their parent organizations, leveraging India’s innovation ecosystem.
  4. AI and Automation: Adoption of AI, machine learning, and automation is accelerating, with over 60% of GCCs investing in these capabilities for both internal and client projects.
  5. Hybrid Work Models: Flexible and hybrid work arrangements are now standard, helping attract and retain top talent across India’s tech cities.

These trends are particularly relevant for professional services firms seeking to deliver differentiated, technology-enabled solutions to global clients.

Challenges and Opportunities for Professional Services GCCs in India

While the growth story is compelling, establishing and scaling a GCC in India comes with its own set of challenges:

  • Talent Competition: The war for digital and consulting talent is intense, with GCCs, IT services, and startups all vying for the same pool.
  • Regulatory Complexity: Navigating India’s evolving regulatory landscape requires local expertise, especially in data privacy, tax, and compliance.
  • Cultural Integration: Aligning global standards with local practices demands sensitive leadership and robust change management.
  • Retention & Engagement: Employee attrition rates in India’s tech sector remain a concern, necessitating innovative engagement strategies.

However, the opportunities far outweigh the risks. With the right talent strategy, digital infrastructure, and leadership, professional services GCCs can drive global transformation, innovation, and competitive advantage.

Han Digital: Your Strategic Talent Partner for GCC Success

For professional services companies looking to establish or expand their GCCs in India, Han Digital offers unparalleled value:

  • Deep Talent Intelligence: Han Digital’s proprietary talent mapping tools and market research provide real-time insights into India’s evolving talent landscape—across consulting, digital, analytics, and leadership roles.
  • Senior Leadership Connections: With a strong network among CXOs, GCC heads, and HR leaders, Han Digital facilitates strategic hiring, succession planning, and leadership development for global organizations.
  • Customized Talent Solutions: From market entry and location analysis to talent acquisition and employer branding, Han Digital delivers end-to-end solutions tailored to each client’s unique needs.
  • Proven Track Record: Han Digital has successfully partnered with leading professional services firms, helping them build high-performing GCCs in Bangalore, Hyderabad, Pune, and other tech hubs.
  • Thought Leadership: Regular insights, webinars, and research reports keep clients ahead of GCC trends, talent shifts, and regulatory changes.

In a market where talent is the ultimate differentiator, Han Digital’s expertise ensures that your GCC not only attracts the best professionals but also becomes a magnet for innovation and leadership.

Case Study: How a Leading UK Consulting Firm Built a High-Impact GCC in India

A top UK-based consulting firm partnered with Han Digital to establish its first GCC in India. The objectives were clear: build a centre of excellence for digital transformation, analytics, and client delivery. Han Digital’s approach included:

  1. Comprehensive market mapping to identify the best talent clusters for consulting and digital skills.
  2. Engaging with senior leadership to define the GCC’s vision, culture, and talent strategy.
  3. Designing a phased talent acquisition plan, prioritizing leadership roles and niche digital experts.
  4. Supporting employer branding and onboarding to ensure cultural alignment and rapid integration.

Within 18 months, the GCC scaled to over 500 professionals, delivered multi-million-dollar projects for global clients, and became a benchmark for innovation within the firm’s global network.

Future Outlook: GCCs in India by 2025 and Beyond

By 2025, India is expected to host over 2,000 GCCs, employing more than 2 million professionals and generating $60 billion in annual revenue, according to NASSCOM. Key predictions for professional services GCCs include:

  • Greater Focus on AI, ESG, and Digital Consulting: GCCs will lead client-facing innovation, sustainability, and digital transformation initiatives.
  • Rise of Tier-2 Cities: Cities like Coimbatore, Jaipur, and Ahmedabad will emerge as new GCC hotspots, offering cost and talent advantages.
  • Enhanced Collaboration Models: GCCs will drive closer integration between global and Indian teams, fostering a seamless client experience.
  • Leadership Development: Investment in leadership pipelines will ensure GCCs become launchpads for global leaders.

For professional services firms, the message is clear: the GCC model in India is not just about cost savings—it’s about driving innovation, resilience, and future-ready talent.

Actionable Steps: How Professional Services Firms Can Succeed with GCCs in India

  1. Define Your GCC Vision: Align the centre’s objectives with your firm’s global strategy—focus on innovation, digital, and client impact.
  2. Partner with Talent Experts: Leverage partners like Han Digital for talent intelligence, leadership hiring, and market entry strategy.
  3. Invest in Employer Branding: Position your GCC as an employer of choice for India’s top consulting and digital talent.
  4. Build Agile, Diverse Teams: Embrace hybrid work, diversity, and continuous learning to attract and retain the best professionals.
  5. Monitor Trends and Regulations: Stay ahead of talent, technology, and regulatory shifts to future-proof your GCC.

Conclusion: India’s GCC Opportunity for Professional Services

The explosive growth of UK GCCs in India, as highlighted by the $6.5 billion annual revenue milestone, signals a new era for professional services companies. With the right talent strategy, digital capabilities, and leadership, GCCs in India can become engines of global transformation and innovation.

As you consider your GCC journey, partner with experts like Han Digital—the trusted advisor for talent intelligence, leadership connections, and market entry in India’s dynamic GCC ecosystem.

Ready to unlock the full potential of your GCC in

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