India Could Become the World’s Mobile R&D Hub—HMD Global Explains Why
Nokia has extended its licensing deal with HMD Global beyond 2026, ensuring continued production of feature phones.
Nokia has extended its licensing deal with HMD Global beyond 2026, ensuring continued production of feature phones.

At the Bengaluru Tech Summit 2025, leaders from healthcare, insurance and retail examined how India’s GCCs are reshaping global business value.
The new model integrates agentic AI platforms, talent development and flexible operating structures to help enterprises build, scale and modernise GCCs for accelerated growth.
The true, irreplaceable value of a GCC lies not in its ability to execute, but in how it applies technology within a deep business context.
Industry leaders say the problem isn’t innovation, it’s ownership and speed.
The GCC is expected to house 300 professionals by the end of 2025.
Co-locating GCCs and business units creates a closed innovation loop, driving deeper market success.
GCCs in Tier-2 cities have achieved a 35% reduction in operational costs, driving a 25% boost in profitability for these centres.

The new Chennai office will function as a Center of Excellence (CoE) with plans to strengthen partnerships with GCCs
Over 140 new greenfield GCCs have been launched across the country in the past 30 months alone, as per data shared by the Inductus Group.
Policy support has accelerated growth, with 65% of new mid-market GCCs since 2023 choosing Karnataka.
Nearly 75% of Atlassian’s India team are in R&D roles, contributing to key product areas such as enterprise search, commerce, data residency and customer success.
MachineCon GCC Summit 2025 returns to Goa this December as India’s premier invite-only residential gathering of Global Capability Center leaders, driving the future of innovation and growth.
By 2030, the country will reportedly be home to over 4,200 GCCs, employing over 4.5 million people and generating revenue exceeding $110 billion.
Hiring will continue across technology, product, operations, and corporate functions, with a strong focus on product engineering, cybersecurity, cloud engineering, and data engineering.
This list highlights top leaders managing Global Capability Centers in India. Their leadership is helping global companies innovate faster, operate more efficiently, and make the most of India’s growing talent ecosystem.
With over 1,800 GCCs employing nearly two million professionals, more global enterprises are doubling down on innovation in GCCs.
The facility will focus on helping researchers and companies develop biologics, biosimilars, and precision medicine solutions
“Full ownership of the India operations will support the speed of decision-making for its third-largest market”
The platform gained the ability to compare multiple LLMs based on performance and fit, allowing it to select the best-performing model per use case dynamically.

Mid-tier IT firms offer the speed and customisation mid-market GCCs can’t get from legacy players.

The city contributed 27% of total office space leasing among the six major Indian cities.
AI nativity is about asking, “If you were to start this business today, how would you do it differently using AI agents?”
The integration of AI in cars is no longer just about performance; it’s about creating a deep, emotionally intelligent relationship between driver and vehicle.

The initiative is planned to ensure the city develops sustainably while keeping pace with rapid technological advancements.
The MachineCon GCC Summit 2025 celebrated industry leaders with the GCC Excellence Awards, recognising exceptional contributions in talent development, innovation, and sustainability.
The company said it will begin offering services from a data centre located in India for the first time, with operations expected to begin in the first half of 2026.
LTIMindtree’s suite is designed to help organisations either start from scratch or optimise their existing GCCs by offering modular BOTT services.
Manhattan maintains a strong partnership with Google, hosting its solutions on Google Cloud and leveraging Google’s AI infrastructure.

‘Offer dropout rate in greenfield GCCs can still be as high as 20% if companies don’t focus on sustaining new hires’.
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