Summary:

Indian professionals currently hold 10-13% of leadership roles at global capability centers (GCCs), reflecting India's increasing significance in international business. Approximately 100 Indian chief investment officers and senior vice presidents in GCCs earn million-dollar salaries, with this number expected to rise to 150 by 2024. India's 1,600 GCCs presently employ 5,000 professionals abroad, with this figure projected to reach 30,000 by 2025.

Mr. Lalit Ahuja, Chief Executive of ANSR, highlighted the significant talent deficit in the West, especially in STEM fields, and noted that India is well-positioned to address this gap. Traditional American dream factors such as competitive salaries, job quality, and high living standards are becoming more accessible in India, particularly in cities like Bangalore and Hyderabad. Indian GCCs are at the forefront of innovation, while their U.S. counterparts focus on operations. Mr.Krishna Vij of TeamLease Digital noted that Indian leadership in GCCs has increased from 8.6% in 2022 to 10% in 2023, with a projected rise to 12.9% by 2025. India's GCCs are expected to contribute 3.5% to GDP by 2030, with revenues of $121 billion, indicating substantial growth in global leadership roles.

Source: IBEF 

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