June 30, 2025
Business & Economy

40,000 New Jobs in India: Bengaluru and Hyderabad Lead the Way

  • June 30, 2025
  • 0
40,000 New Jobs in India: Bengaluru and Hyderabad Lead the Way

India’s mid-market global capability centres (GCCs) are set to significantly boost employment, with projections indicating the creation of 40,000 new jobs by 2026. This expansion will increase the workforce to over 260,000, highlighting India’s growing importance as a global hub for technology and business services. The anticipated growth is driven by the establishment of approximately 120 new centres, primarily focusing on sectors such as software development, banking, financial services and insurance (BFSI), and retail. These centres are expected to be spearheaded by companies with annual revenues ranging from $300 million to $2 billion. Bengaluru and Hyderabad are poised to be at the forefront of this expansion, serving as key talent hubs due to their robust infrastructure and skilled workforce. The recruitment efforts will primarily target roles in artificial intelligence (AI), machine learning (ML), data analytics, and cybersecurity—fields that are increasingly critical in today’s digital economy. This strategic focus aligns with the global trend towards digital transformation and the growing demand for advanced technological solutions. The influx of new jobs is expected to have a significant impact on local economies, providing opportunities for professionals in these high-demand fields. Additionally, it underscores India’s competitive advantage in offering cost-effective solutions and a large pool of skilled talent. As companies continue to seek innovative ways to enhance their operations and customer experiences, India’s GCCs are well-positioned to meet these needs. Overall, this development not only highlights the potential for economic growth but also emphasizes the importance of investing in education and training programs to equip the workforce with the necessary skills for future opportunities. The expansion of GCCs in India represents a promising opportunity for both job seekers and businesses looking to leverage India’s capabilities in technology and business services.

Leave a Reply

Your email address will not be published. Required fields are marked *