global capability centers

Amaravati, April 7 The 16th State Investment Promotion Board meeting, held under the chairmanship of Chief Minister N Chandrababu Naidu here on Tuesday, approved 31 projects involving a total investment of over Rs 39,436 crore.The Chief Minister directed officials to fully utilize the state's...

New Delhi, April 6 Foreign firms leased a record 9.1 million sq ft of office space last quarter across India's top 9 cities to set up Global Capability Centres (GCCs), according to CBRE.Real estate consultant CBRE on Monday released its office market data for the January-March period, which...

Bengaluru, March 25 The two southern tech hubs—Bengaluru and Hyderabad—now account for over half of India's urban growth momentum, reshaping jobs, consumption, mobility, and the future of Indian cities, according to a data report released on Wednesday.Together, the two cities accounted for...

New Delhi, March 20 India's bioeconomy valuation surged from USD 166 billion in 2024 to USD 195 billion in 2025, reflecting strong growth across multiple biotechnology-driven industries.The BioEconomy is no longer defined solely by BioPharmaceutical or BioIndustrial. It now encompasses a...

New Delhi, March 19 State-owned NBCC has secured a ₹5,800 crore contract to build the Rajasthan Mandapam project in Jaipur.In a regulatory filing on Thursday, the company stated that it has secured a contract from the Rajasthan State Industrial Development & Investment Corporation (RIICO) to...

New Delhi, March 9 The office market in Navi Mumbai commands 21 per cent lower rents than the average rents of major cities, which helps the region attract foreign companies to set up their base and also establish global capability centers (GCCs), according to CRE Matrix.Real estate data...

Civil Aviation Minister Ram Mohan Naidu stated that the nation has become a hub for Global Capability Centers, with Airbus establishing its second-largest digital center outside Europe in India.Speaking at the virtual inauguration of the Airbus India Technology Centre in Bengaluru today, Mr...

New Delhi, March 5 IT company IBM has launched its first infrastructure innovation center, the Sangam Infrastructure Innovation Center, within its new India Systems Development Lab campus, the company said on Thursday.Designed as a collaborative engineering hub, the center will bring together...

Mumbai, February 25 India's global capability centers (GCCs) for semiconductor design underwent a corrective phase in the calendar year 2025, with hiring activity slowing steadily through the first three quarters before showing signs of a cautious rebound in the final quarter, according to a...

Bengaluru, February 23 Karnataka Minister for Large and Medium Industries M B Patil inaugurated Amazon's newly constructed, fully equipped 11 lakh sq ft corporate office near Yelahanka here on Monday.He said this is Amazon's 10th corporate office in the state. The company, which has a...

New Delhi, February 19 Various sectors, including healthcare, education, and medical science, will flourish with the power of artificial intelligence, said Bharti Group Chairman Sunil Mittal on Thursday.Speaking at the India AI Impact Summit, Mittal said that AI is becoming an integral part of...

New Delhi, February 18 India has gained significant momentum in creating opportunities for AI through proactive policies, and the country's businesses can benefit from the new "mega wave" of technology, Zscaler, Inc. CEO, Chairman, and Founder Jay Chaudhry said on Wednesday.Speaking at the AI...

New Delhi, February 18 India needs to significantly increase its investment in Artificial Intelligence from the current USD 1.2 billion to match global levels, and the Budget announcement of a 20-year tax holiday for foreign companies provides "foundational infrastructure" for expanding AI, a...