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MeitY Forms Panel To Build National Framework For GCCs : Report

  • The Ministry of Electronics and Information Technology (MeitY) has formed a panel to develop a national framework for global capacity centres (GCCs).
  • The committee includes organizations like NASSCOM, Zinnov Consulting, ANSR, KPMG, and Invest India.
  • Several states in India, such as Madhya Pradesh and Bengal, are also formulating policies to attract investments in GCCs, semiconductor, and drone sectors.
  • India's GCC sector is projected to reach $105 billion market size by 2030, employing over 2.8 million people, and leading innovation in various segments like fintech, agritech, healthcare, and logistics.

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