Surveys carried out by two main consultancies have discovered that Thiruvananthapuram, Kochi and Kozhikode are effectively suited to emerge as hubs of World Functionality Centres (GCCs) among the tier-2 cities in the nation.
The Technopark in the state capital, Infopark in Kochi and Cyber Park in Kozhikode provide the best infrastructure required by GCCs, corresponding to availability of land, connectivity, human useful resource pool with correct ability units, decrease operational value and ready-to-plug-in built-up area, reveals Colliers India’s report on ‘Rising Funding Alternatives in India.’
The survey selected these cities based mostly on key parameters: bodily infrastructure, social infrastructure, demographics and financial components, and the actual property state of affairs.
Apart from, connectivity and potential for actual property growth give a strategic benefit to Thiruvananthapuram.
The report focuses on 30 rising cities of India by way of bodily, social, demographic and financial components and analyses how these parameters result in development of actual property.
Rising GCC hubs
A report by Delhi NCR-headquartered consulting and expertise agency Inductus Restricted attributes components like land availability, proactive insurance policies of the authorities and ease of doing enterprise reforms make Thiruvananthapuram as one of the rising GCC hubs.
The report titled ‘India: The Most popular Vacation spot for GCCs mentioned that the causes for these cities evolving into innovation hubs are expertise pool, ecosystem, connectivity, decrease operational prices, low attrition price, sturdy infrastructure growth and supportive authorities insurance policies.
About 50 per cent of Fortune World 500 firms leverage India’s GCC Ecosystem for R&D and Innovation. It’s projected to scale as much as 70 per cent by 2030, the report mentioned.
Technopark one of the largest and greenest IT ecosystem in the nation, has 138.325 acres of vacant land on its Section I, III and IV campuses. It’s geared up with state-of-the-art workspaces with distinctive design, sustainability, and digital connectivity that are pivotal to attracting international gamers, mentioned Col Sanjeev Nair (Retd), CEO, Technopark
GCCs have emerged as essential enablers in the fashionable enterprise panorama, serving as strategic hubs that drive effectivity, innovation, and development for multinational companies. At current, GCCs in India accounts for about one per cent of the nation’s GDP which is projected to develop to three.2 per cent by 2027.
The Nationwide Framework for GCCs was introduced in the Union Finances 2025-26.
Deloitte India in a latest examine cited the nation’s emergence as a hub for GCCs with greater than 1,600 centres using greater than 1.5 million professionals and a projected market dimension of $110 billion by 2030.
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