Karnataka is looking to deepen its dominance in India’s global capability centre (GCC) landscape, with the Karnataka Digital Economy Mission (KDEM) and Bengaluru-based GoodWorks Group signing a strategic partnership aimed at attracting ₹5,000 crore in new investments and facilitating the establishment of 50 new GCCs in the state.
The two organisations signed a memorandum of understanding (MoU) on August 6 to jointly drive investment promotion, international outreach, policy support, talent development and ecosystem-building initiatives focused on global enterprises looking to establish or expand operations in Karnataka.
According to an economic impact assessment conducted by GoodWorks Group, the initiative aims to bring over ₹5,000 crore in investment commitments, generate more than 62,500 direct and indirect jobs, create ₹2,250 crore in annual salaries, and drive the absorption of 1.25 million square feet of commercial real estate over the coming years.
The partnership will combine KDEM’s investment promotion and ecosystem-building efforts with GoodWorks Group’s enterprise network and Sansovi GCC-as-a-Service platform, which supports global companies in setting up and scaling operations in India.
As part of the collaboration, the two organisations will engage global investors, organise sector-focused roundtables, facilitate international business delegations, publish GCC-focused industry research, support policy implementation and strengthen industry-academia collaborations. The outreach effort will target key markets including North America, Europe, Japan, South Korea and the Middle East.
The initiative will also support the creation of specialised ecosystem programmes, including virtual centres of excellence for strategic sectors, to foster collaboration among government, academia, industry and global enterprises.
“Our partnership with GoodWorks Group brings together complementary strengths to further enhance Karnataka’s value proposition for global enterprises and accelerate the next phase of GCC-led growth for the state,” Sanjeev Gupta, CEO of KDEM, mentioned.
GoodWorks Group said the partnership is intended to strengthen Karnataka’s position as the preferred destination for high-value global capability centres across sectors such as artificial intelligence, engineering, financial services, manufacturing, healthcare and semiconductors.
“India’s GCC opportunity is entering its most exciting phase, and Karnataka has the potential to lead that transformation globally,” said Vishwas Mudagal, Co-Founder, GoodWorks Group. The collaboration also places significant emphasis on workforce development. According to GoodWorks, the initiative could create over 12,500 direct high-skilled jobs and another 50,000 indirect jobs across supporting industries.
Karnataka currently hosts more than 1,100 GCCs, accounting for around 40% of India's GCC base, and generates over $22 billion in economic output from the sector. The state government has been actively pursuing policies and partnerships aimed at maintaining its leadership position amid growing competition from states such as Telangana, Tamil Nadu, Maharashtra and Andhra Pradesh.
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