Global GCC Summit 2025 Showcases India's Rise as a Strategic Innovation and Capability Hub
NewsVoir
New Delhi [India], November 21: The Global GCC Summit 2025 organized by the Inductus group at The Hyatt Regency, New Delhi, bringing together a congregation of global leaders to highlight India's emergence as an R&D-driven innovation, research, and global capability hub. Out of the huge delegate registrations received, the summit hosted around 250 delegates i.e. CEOs, CXOs, GCC Heads, technology and business leaders, central and state government officials, representatives from premier academic institutions like IITs, IIMs, and universities, as well as consulates, embassies, and global trade bodies were also there making it one of the most comprehensive GCC-focused platforms to date. Some of the prominent speakers were Dr. Kishore Jayaraman (UKIBC), Mr Pranav Mishra (AMCHAM), Sandeep Kulkarni (Worley), Mr Mayank Sharma (Google, USA), Mr Anjani Ladia (ICAI - Luxembourg). The event targeted the transformation of India from a cost-arbitrage destination toward being a strategic global innovation and R&D hub. During the day, the thought leaders deliberated through panel discussions and keynote addresses on a wide array of topics that shape the future of GCCs in India, including policy frameworks, governance, talent development, sustainability, technology adoption, and cross-border collaboration.
During the course of the summit The Inductus Group India also signed and executed an MOU with a Singapore based Asteria Visions Pte. Ltd., in the esteemed presence of Singapore High Commission's First Secretary (Economic), Mr. Vivek Raguraman, as a symbolic gesture of friendship and cooperation between India and Singapore.
Mr. Alouk Kumar, CEO & MD of the Inductus Group, said, "The Global GCC Summit 2025 has powerfully reaffirmed India's evolution from an outsourcing destination to the world's most critical Global R&D and Innovation Hub. The numbers say it all: According to the economic survey report tabled in the parliament, GCCs are already set to contribute 3% to India's GDP by 2030. Moreover, Inductus' industry research based projections indicate that by 2040, the sector's total economic value could reach as high as $450 billion, contributing 7.10% to the GDP. Far more important, this growth is a powerful engine for national employment. From the current base of approximately 2 million resources, we project that the sector will deploy 3.5 million human resources by 2030 and an unprecedented 8 million by 2040. This is not just a growth story; it is a fundamental shift in India's economic narrative, placing GCCs as the backbone of the nation's future as a global technology superpower. The discussions here have laid the strategic groundwork to achieve this vision."
The event highlighted the achievements of existing GCCs, established the stage for future initiatives, partnerships, and innovations, and was a landmark in the development of India's GCC landscape. It also highlighted India's strong standing in the global market in terms of attracting investments from the large & mid-market global corporations.