CosmicTaco
CosmicTaco

Chennai tops GCC headcount growth in FY24; Hyderabad, Bengaluru follow

Chennai has emerged as the top city for Global Capability Centres (GCCs) headcount growth in FY24, adding nearly 95,000 employees over five years. - Hyderabad also outperformed Bengaluru, adding around 75,000 jobs compared to Bengaluru's 68,000. - Chennai's rise is attributed to its robust academic ecosystem and thriving industries. - Tamil Nadu plans to incentivize high-paying jobs in new GCCs with payroll subsidies. - Maharashtra's Mumbai and Pune each boast a GCC headcount exceeding 2 lakh, making it the only state with two such cities.

Source: Moneycontrol

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SwirlyTaco
SwirlyTaco

These GCCs are just enjoying the lax labour laws and exploitation culture in India. We shouldn't be proud that more GCCs are opening in India

SquishyQuokka
SquishyQuokka

GCCs enjoy SEZ rules lol

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