T’s upcoming GCC policy to focus on attracting frontier tech firms
The proposed policy will also focus on coaxing GCCs to set up shop in Tier-2 centres such as Warangal, Adilabad, Karimnagar, Nizamabad, among others. Telangana has already crossed the 500 GCC-mark, adding the highest number in the country — 75 — in FY26. The state is targeting 100 new GCCs in FY27, of which around 55 have already opened shop in Hyderabad. The state attracted Rs 1.43 lakh crore in new investments last year through 75 GCCs, creating 75,000 direct and 2.25 lakh indirect jobs, according to Telangana govt estimates. The GCC sector generated Rs 3.9 lakh crore in economic output.
IT & industries minister D Sridhar Babu said Hyderabad’s GCC growth is being driven by “infrastructure, talent, ecosystem and innovation. Companies, he said, are choosing the city “not just for scale, but to build high-value global capabilities.” Hyderabad: With Telangana ’s global capability centre (GCC) ecosystem gaining momentum and maturity, the GCC policy being drafted by the state govt is expected to focus less on routine incentives and more on attracting innovation-led, high-value companies. Attempts will be made to draw in emerging domains such as spacetech, aerospace and defence, semiconductors, AI, quantum and advanced life sciences.
A senior official in the IT & industries department said incentives, if offered, would be reserved for investments capable of creating entirely new ecosystems. “Say, if a giant like SpaceX or Nvidia decides to put up their GCC here, that will drive pathbreaking technologies capable of a cascading effect on brand Hyderabad and the entire ecosystem; we would be open to offering incentives,” he said. Officials said Hyderabad’s advantage lies in talent spread across life sciences, aerospace, defence, space technology, BFSI, retail, hospitality, FMCG, utilities and advanced digital engineering.
These include frontier space technology, next-generation semiconductor design, AI model development, quantum, aerospace and defence, and advanced life sciences. “We want to position Hyderabad as a cross-domain hub, as against Bengaluru’s enterprise R&D concentration, Chennai’s automotive and engineering strengths, and Pune’s auto, engineering and BFSI base. GCCs in the city are increasingly building products and platforms instead of functioning only as traditional software delivery units.