10 Global Companies That Just Opened GCCs in India (2025–2026)

The New Gold Rush

Something remarkable happened in Indian commercial real estate in 2025. For the first time in history, Global Capability Centers accounted for 38% of all office leasing across India's top seven cities — 31.3 million square feet of space. That's not a trend. That's a tectonic shift.

Every quarter, the list of global companies planting their flag in India grows longer, more diverse, and more ambitious. Healthcare AI companies from Boston. Steel giants from Luxembourg. Swiss biopharma leaders. American cybersecurity firms. Japanese technology conglomerates. The diversity is the story — India is no longer just an IT outsourcing destination. It's where the world comes to build its most strategic capabilities.

In the last two quarters alone — Q4 2025 through Q1 2026 — over 110 new GCCs have been established or announced, creating more than 70,000 jobs. The total count now exceeds 2,100 active centers generating $64.6 billion in annual revenue, with projections pointing to $110 billion and 4.5 million professionals by 2030.

But the numbers only tell part of the story. What's genuinely fascinating is why each company chose India, which city they picked, what functions they're building, and what it reveals about the future of global work. That's what this article is about.

Here are 10 companies that just opened GCCs in India — and the strategic calculus behind each decision.

1. Cohere Health

Headquarters: Boston, Massachusetts, USA  |  Sector: Healthcare / AI-Driven Clinical Intelligence

When a healthcare AI company chooses Hyderabad over Bengaluru for its first-ever international capability center, people notice. When that company's CEO — Siva Namasivayam — personally announces that India is 'a cornerstone of the company's global operating model,' the industry takes it as a signal.

Cohere Health builds clinically trained AI that transforms how health insurers and hospitals interact. Their platform handles utilization management — the complex process of deciding whether a medical procedure should be approved — using artificial intelligence that understands clinical guidelines, medical records, and insurance policies simultaneously. It's one of the most sophisticated applications of AI in healthcare, and it's now being built partly from Hyderabad.

The Hyderabad GCC brings together expert teams across AI/ML engineering, advanced analytics, clinical operations, and data science. But this isn't a support center. CEO Namasivayam was explicit: the center is 'instrumental in driving better decision-making and payer-provider interactions and ultimately improving patient care access and outcomes.' Translation: this is where core product capability is being built.

Why it matters: Cohere Health's arrival signals that healthcare AI — one of the most regulated, highest-stakes applications of artificial intelligence — can be built from India. The company plans to expand the GCC with strategic hiring across engineering, product, payment integrity, clinical operations, data science, and compliance. For professionals at the intersection of AI and healthcare, this is exactly the kind of GCC that offers meaningful, mission-driven work.

Why Hyderabad: The city's growing reputation as a healthcare and life sciences hub, combined with its deep AI/ML talent pool and Telangana state's proactive GCC engagement (former IT Minister KT Rama Rao personally welcomed MetLife's GCC to the Financial District), made it a natural choice.

2. ArcelorMittal (AMGBT)

Headquarters: Luxembourg City, Luxembourg  |  Sector: Steel & Mining / Manufacturing

The world's second-largest steel producer doesn't open a GCC because it's trendy. ArcelorMittal does it because it has recognized that digital transformation isn't optional — even for a 130-year-old industrial company that makes physical things from molten metal.

ArcelorMittal Global Business & Technologies — AMGBT — is the company's new strategic hub, spread across Pune and Hyderabad. And its scope is breathtaking. This isn't a narrow IT support center. AMGBT encompasses Digital Technology, IT Infrastructure, Data & Analytics, Cybersecurity, Finance & Accounting, Procurement, HR, Project Management, and Global Business Services. It's designed to deliver 'integrated technology, digital innovation, and business services to support ArcelorMittal's worldwide operations across Europe.'

The numbers are already impressive. More than 1,100 employees have been onboarded, and the centers are entering what the company calls 'a phase of strong growth,' with plans to recruit up to 2,000 professionals across technology and business service roles.

What makes AMGBT particularly interesting is the breadth of skills it demands. This isn't just software engineers. They need cybersecurity specialists who understand industrial control systems, data engineers who can model steel production processes, finance professionals who can work across European regulatory frameworks, and project managers who can coordinate across time zones and cultures.

Why it matters: ArcelorMittal's AMGBT represents the manufacturing GCC wave — global industrial companies recognizing that India's talent ecosystem can support far more than IT. When a steel company with 120,000+ employees across 60 countries chooses India as its strategic technology and business services hub, it validates the GCC model for the entire manufacturing sector.

Why Pune & Hyderabad: Pune's engineering heritage and proximity to manufacturing clusters made it ideal for the technology functions, while Hyderabad's growing GCC ecosystem (including strong cybersecurity and analytics talent) supports the digital innovation and business services operations. The dual-city model also provides talent diversification and business continuity.

3. MetLife (MGCC)

Headquarters: New York City, USA  |  Sector: Insurance / Financial Services

MetLife's India story isn't new — they've had teams in Noida and Jaipur for over a decade. But what's happening now is qualitatively different. The company is transforming its India presence from operational support into a unified, strategic global capability center.

The newly branded MetLife Global Capability Center (MGCC) now operates as a direct extension of MetLife's Global Technology and Operations team — the organization that serves over 90 million customers across more than 40 markets worldwide. The expansion into Hyderabad and Pune adds significant technology capability on top of the existing 4,000-person India workforce.

MetLife has secured 2,00,000 square feet of office space at Prestige Skytech near Hyderabad's Financial District — one of the largest single-tenant GCC spaces in the city. The center is expected to create more than 2,000 additional jobs, with a focus on emerging technologies and advanced analytics.

The technology mandate is forward-looking. MGCC teams are driving adoption of emerging technologies, advanced analytics, cybersecurity enhancement, cloud migration, and IT infrastructure modernization. These aren't maintenance functions — they're transformation mandates that will shape how MetLife delivers insurance globally.

Why it matters: MetLife's expansion illustrates the BFSI GCC maturity curve. Companies that started with basic operations in India a decade ago are now doubling down with technology-first mandates. The 2,00,000 sq. ft. Hyderabad commitment signals serious long-term investment — you don't sign that much real estate for a pilot project.

Why Hyderabad & Pune: Hyderabad's Financial District has become BFSI GCC central, with state government support and a growing cluster effect. Pune adds engineering depth. Together with the existing Noida and Jaipur operations, MetLife now has a four-city India footprint that provides talent diversification, disaster recovery, and access to multiple regional talent pools.

4. Lonza Group AG

Headquarters: Basel, Switzerland  |  Sector: Biopharma / Contract Development & Manufacturing (CDMO)

When a 129-year-old Swiss pharmaceutical company that has spent more than a century perfecting the science of drug manufacturing decides to open a capability center in India, it tells you something profound about where the global biopharma industry is heading.

Lonza Group AG — one of the world's leading contract development and manufacturing organizations (CDMOs) — formally announced its decision on March 5, 2026, to establish a new Global Capability Centre in Hyderabad. The announcement came after what the company described as 'an evaluation of multiple locations,' with Hyderabad emerging as the preferred site due to 'the availability of specialised talent and supporting infrastructure.'

The center will handle operational, digital, and scientific functions tied to Lonza's work with pharmaceutical and biotechnology companies worldwide. With more than 30 development and manufacturing sites across North America, Europe, and Asia, Lonza needs a centralized digital and operational hub that can serve this globally distributed footprint. That's what the Hyderabad GCC is being designed to do.

The specific roles being created are in areas linked to pharmaceutical operations, data and digital systems, and R&D support. This means Lonza is looking for professionals who understand both technology and biopharma — clinical data management, supply chain optimization for drug manufacturing, digital quality systems, and pharma regulatory compliance.

Why it matters: Lonza's entry marks a significant milestone for Hyderabad's life sciences GCC ambitions. The city already hosts Genome Valley — India's largest life sciences cluster. Adding a Swiss CDMO giant validates Hyderabad's positioning as a global hub for biopharma capability, not just biopharma manufacturing. The GCC is expected to generate high-value employment and further integrate Hyderabad into the global biopharmaceutical value chain.

Why Hyderabad: Hyderabad's unique combination of Genome Valley (life sciences talent), HITEC City (technology talent), and Telangana state's proactive GCC policies made it the clear winner. The Telangana government has been aggressively courting life sciences GCCs, and Lonza's selection 'reinforces Telangana's global life sciences leadership,' according to state officials.

5. Deepwatch

Headquarters: Tampa, Florida, USA  |  Sector: Cybersecurity / Managed Detection & Response

In a world where ransomware attacks on Indian enterprises are rising sharply and global cybersecurity workforce gaps have reached 4.8 million professionals, there's a particular irony in a cybersecurity company struggling to find enough talent. But that's exactly the market dynamic that drove Deepwatch to open its first international GCC in Bengaluru.

Deepwatch — a leading managed detection and response (MDR) cybersecurity firm — officially inaugurated its Bangalore Center of Excellence on December 2, 2025. The language they used to describe it is telling: this isn't an 'offshore team' or a 'support center.' It's a 'Center of Excellence' focused on 'accelerating AI-powered cybersecurity innovation for global customers.'

The center opened with a 50-member team and has immediate hiring plans across engineering, AI research, and product development. Deepwatch plans to grow the team to over 100 additional professionals within 18 months. The core mission? Advancing generative AI development for advanced threat detection and response automation, scaling platform infrastructure for global customer growth, and driving product innovation for emerging challenges like threat exposure management.

What's strategically clever about Deepwatch's approach is the time-zone advantage. By establishing round-the-clock development cycles across US and India time zones, they can deliver 'faster product enhancements and new capabilities' — essentially getting two working days out of every 24 hours.

Why it matters: Deepwatch's GCC validates India as a cybersecurity innovation hub, not just a cybersecurity staffing pool. When a specialized MDR company — one that protects some of the world's most security-conscious organizations — trusts India with AI-driven threat detection development, it sends a powerful signal. The company described the investment as underscoring 'its long-term vision to make India a strategic pillar for global cybersecurity innovation and R&D.'

Why Bengaluru: Bengaluru remains the undisputed leader for cybersecurity talent density in India. The city's concentration of cybersecurity startups, established security operations centers (SOCs), and graduates from institutions like IISc and IIIT-B creates the deepest talent pool for this specialized field.

6. Ferguson Enterprises

Headquarters: Newport News, Virginia, USA  |  Sector: Industrial Distribution / Building Products

Ferguson is the kind of company most people in India haven't heard of — but should. North America's largest value-added distributor of plumbing, HVAC, waterworks, and industrial products, Ferguson reported FY24 sales of $29.6 billion and operates with 35,000 associates across nearly 1,800 locations.

On June 19, 2025, Ferguson launched its Global Capability Center in Bengaluru, powered by ANSR — one of the leading GCC setup and operations partners in India. The center was designed from day one as 'a strategic extension of its operations, playing a significant role in driving technology innovation and operational efficiencies.'

The technology roadmap is ambitious: software engineering, AI, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), data science, analytics, and network operations. For a distribution company, that's a remarkably technology-forward agenda. It reflects the broader reality that even 'traditional' industries — building products, plumbing supplies, HVAC equipment — are becoming technology businesses.

Ferguson started with over 50 employees and expects steady growth over the next five years, expanding its technical workforce and adding leadership roles to support global development efforts. The partnership with ANSR gave Ferguson a head start — ANSR's established infrastructure and GCC playbook allowed the center to become operational faster than a greenfield setup would typically allow.

Why it matters: Ferguson's GCC represents the democratization of the capability center model. You no longer need to be a Fortune 100 tech company to build a GCC in India. A $29.6 billion industrial distributor can do it too — with the right partner and the right strategy. For job seekers, this is important: GCC opportunities now exist in sectors you might never have associated with technology careers.

Why Bengaluru: For a first-time GCC, Bengaluru remains the safest bet. The city's mature technology ecosystem, established ANSR presence, and depth of full-stack engineering and data science talent reduce execution risk. Ferguson can always expand to other cities as the center scales.

7. NTT DATA

Headquarters: Tokyo, Japan  |  Sector: IT Services / Technology Consulting

NTT DATA's play is different from every other company on this list. They're not just opening a GCC — they're building a factory that helps other companies open GCCs.

On March 16, 2026, the Japanese technology giant launched its GCC Innovation Acceleration Program — a structured offering designed to support global companies in 'rapidly establishing and scaling their strategic offshore hubs in India.' The program was quietly launched in October 2025 and has now been officially scaled with a target of supporting more than 50 companies over the next three years.

The program's scope is comprehensive. It covers GCC establishment and enhancement — from planning and governance design to talent development and process optimization. But what makes it genuinely differentiated is the technology layer. NTT DATA is offering to accelerate innovation through agentic AI, generative AI, high-performance computing, digital twins, smart robotics, blockchain, and their proprietary IOWN (Innovative Optical and Wireless Network) technology.

There's also a co-creation R&D component that takes clients from proof-of-concept through to commercialization, supported by NTT DATA's global network of Innovation Centers. This isn't just 'here's an office and some recruiters.' It's a full-stack GCC acceleration service backed by one of the world's largest technology companies.

NTT DATA chose India specifically because of 'its abundance of talent and strong technical capabilities.' Their market outlook is bullish: they project India's GCC ecosystem to grow nearly 70%, targeting $110 billion in revenue by 2030, with more than 2,500 centers and a workforce of 4.5 million professionals.

Why it matters: NTT DATA's program is a force multiplier for the entire Indian GCC ecosystem. By reducing the barriers to entry — setup complexity, governance design, talent acquisition, technology acceleration — they're making it possible for hundreds of mid-market companies to establish India GCCs. This could accelerate the pace of new GCC formation significantly over the next three years.

8. HCLTech ('New Vistas')

Headquarters: Noida, India  |  Sector: IT Services & Technology

Every other company on this list is opening a GCC in Bengaluru, Hyderabad, or Pune. HCLTech is doing something radically different — and it might be the most important GCC story in India right now.

HCLTech's 'New Vistas' program takes global capability center work to cities that nobody else considered viable: Nagpur, Madurai, Lucknow, and Vijayawada. Not Tier 2 cities with established IT ecosystems. These are Tier 2 and Tier 3 cities — smaller, more affordable, and closer to India's vast hinterland of untapped talent.

The results have been remarkable. These 'state-of-the-art campuses' are now home to over 25,000 HCLTechies and service global clients across Digital, Engineering, AI, and Cloud. The Nagpur center — the youngest in the program — has become the largest and fastest-growing New Vistas center. HCLTech plans to hire 5,000 people per year under the program.

The strategic philosophy is simple and powerful: 'taking jobs to the locations where our employees belong.' Rather than forcing talented young engineers to migrate to expensive metros, HCLTech brings the work to their home regions. This dramatically reduces attrition (people are less likely to leave when they're working near family), lowers operational costs, and taps talent pools that metro-focused companies have completely ignored.

For global enterprises watching from headquarters in the US or Europe, the New Vistas model answers a question they've been asking: 'Can high-quality GCC work be done outside India's top 6 cities?' HCLTech has proven, at scale, that the answer is yes.

Why it matters: New Vistas is a proof of concept that could reshape the entire Indian GCC geography. If 25,000+ professionals can deliver enterprise-grade Digital, AI, and Cloud services from Nagpur and Madurai, then every GCC leader needs to rethink their city strategy. The cost savings are significant, the attrition rates are lower, and the social impact — bringing high-value jobs to underserved regions — is substantial.

Why these cities: Each city was chosen for a combination of factors: proximity to engineering colleges, state government support, quality of life for employees, and affordability. Nagpur's central location and growing infrastructure made it a standout. Lucknow offers access to a massive North Indian talent pool. Madurai and Vijayawada tap South India's engineering college networks beyond the saturated metros.

9. Ericsson

Headquarters: Stockholm, Sweden  |  Sector: Telecommunications / 5G & 6G Technology

Ericsson isn't new to India — far from it. The Swedish telecom giant has operated R&D centers in Chennai and Gurugram for years. But the November 2025 launch of a new Radio Access Network (RAN) Software R&D unit in Bengaluru represents a significant escalation in ambition.

This isn't a general-purpose engineering center. The Bengaluru unit has a laser-focused mandate: developing 5G and 5G Advanced features for the Ericsson 5G baseband. This is the kind of core product engineering that directly shapes the next generation of global telecommunications infrastructure. When the world upgrades to 5G Advanced and eventually 6G, some of the critical software will have been built in Bengaluru.

The new unit works in close collaboration with Ericsson's existing R&D centers in Chennai and Gurugram, driving advancements across 5G and 5G Advanced software, ASIC development (custom silicon chip design), AI frameworks for 6G, and cyber-physical systems. The Chennai center has already taken the lead on India's 6G research program, with a dedicated team working on next-generation wireless standards.

For context: Ericsson invests approximately $5 billion annually in R&D globally. India is increasingly receiving a larger share of that investment, reflecting both the quality of available talent and the strategic importance of the Indian market as one of the world's largest 5G deployments.

Why it matters: Ericsson's expansion validates India's position in deep-tech R&D, not just application development. Designing 5G baseband software and ASIC chips requires a level of engineering sophistication that few countries can provide at scale. For telecom and embedded systems engineers in India, this opens career paths at the absolute cutting edge of wireless technology — including 6G research that won't be commercially deployed for another decade.

Why Bengaluru (for the new unit): While Chennai remains Ericsson's largest India R&D hub, Bengaluru was chosen for the RAN software unit specifically because of its semiconductor and systems engineering talent cluster. The city's proximity to chip design companies, IISc's deep-tech research programs, and a growing pool of ASIC/FPGA engineers made it the logical choice.

10. BNY (Bank of New York Mellon)

Headquarters: New York City, USA  |  Sector: Financial Services / Asset Management & Custody

BNY isn't just one of the largest financial services companies in the world — it's arguably one of the most successful GCC stories in India. And its continued expansion through 2025-2026 demonstrates what happens when a GCC evolves from cost center to strategic asset.

The numbers tell the story. BNY's India operations — spanning Pune and Chennai — now employ 11,495+ professionals across 738,000 square feet of world-class office space. The Global Delivery Center houses over 7,000 operations professionals performing a wide range of financial services processes for BNY's investment management and investment services businesses. The technology arm adds another 4,700+ employees.

But the most telling number is the revenue. BNY Mellon International Operations (India) generated ₹3,510 crore in revenue for FY25 — with a one-year revenue CAGR of 19%. When your India GCC is growing at 19% annually, you're not maintaining operations — you're building a global powerhouse.

BNY's India centers are a 'virtual extension of the global team,' developing what the company describes as 'game-changing products and solutions.' In practice, this means cutting-edge work in digital assets, blockchain infrastructure, risk analytics, AI-powered financial operations, and investment platform modernization. These are the capabilities that will define the future of asset management and custody banking.

The continued expansion reflects BNY's multi-year India strategy: systematically increasing both headcount and the sophistication of work performed. Each year, more strategic functions move to India, more leadership roles are created, and more global product ownership shifts to the Pune and Chennai teams.

Why it matters: BNY's India story is the blueprint for long-term GCC success. Starting with operations, graduating to technology, evolving into product development, and ultimately achieving ₹3,510 crore in India-entity revenue — that's the GCC maturity journey every new entrant on this list aspires to complete. For BFSI professionals in India, BNY represents the gold standard of what a financial services GCC can become.

Why Pune & Chennai: BNY's dual-city model provides both talent diversification and business continuity. Pune's strong finance and engineering talent supports the technology operations, while Chennai's operations depth (7,000+ professionals) handles the high-volume financial services processing. Together, they create a resilient, scalable India footprint.

What This Wave Tells Us: 5 Patterns to Watch

Step back from the individual stories and five structural patterns emerge from this latest wave of GCC openings:

1. The Industry Mix Is Diversifying Dramatically

This list includes healthcare AI, steel manufacturing, insurance, biopharma, cybersecurity, industrial distribution, IT services, telecommunications, and banking. The era when GCCs were primarily a technology-sector phenomenon is decisively over. Every major global industry is now building strategic capability in India.

2. Hyderabad Is the Fastest-Growing GCC Destination

Five of the ten companies on this list chose Hyderabad — Cohere Health, ArcelorMittal, MetLife, Lonza, and BNY. The city's combination of talent depth, state government support (the Telangana government has been aggressively proactive), competitive costs versus Bengaluru, and growing sector clusters in BFSI, life sciences, and cybersecurity make it arguably the most attractive GCC destination in India right now.

3. GCCs Are No Longer 'Offshore' — They're Global

Read the language these companies use: 'strategic extension,' 'global operating model,' 'virtual extension of the global team,' 'Center of Excellence.' Nobody calls these centers 'offshore' anymore. They're integrated nodes in global capability networks, with mandates that include product development, AI research, and P&L ownership.

4. The Tier 2 Opportunity Is Proven, Not Theoretical

HCLTech's 25,000+ person 'New Vistas' program in Nagpur, Madurai, Lucknow, and Vijayawada has proven that high-quality GCC work is possible outside India's top 6 cities. MetLife already has operations in Jaipur. The economic logic — 30-40% cost savings, lower attrition, access to untapped talent — is compelling. Expect more companies to follow.

5. The Talent War Will Only Intensify

Ten new GCCs don't just create jobs — they create competition. ArcelorMittal wants 2,000 people. MetLife wants 2,000 more. Cohere Health, Deepwatch, Ferguson, Lonza — they're all fishing from the same talent pool, especially for AI, cybersecurity, data engineering, and cloud skills. GCCs that invest early in employer branding, campus partnerships, and skills-based hiring will win. Those waiting for the 'perfect candidate' will lose.

At a Glance: The 10 New GCC Entrants

The Invitation Is Open

Every company on this list — from a Boston healthcare AI startup to a 129-year-old Swiss pharma giant — has reached the same conclusion: India is where you build global capability. Not cheap labor. Not temporary support. Strategic, innovation-driving, product-owning capability.

The 110+ new GCCs established in the last 24 months aren't an anomaly. They're the beginning of a structural shift that will see India host 2,500+ GCCs, employ 4.5 million professionals, and generate $110 billion in revenue by 2030.

For professionals, the message is clear: GCC careers now exist in healthcare AI, steel manufacturing, biopharma, cybersecurity, industrial distribution, telecommunications, and financial services — not just IT. The breadth of opportunity has never been wider.

For companies evaluating India as a GCC destination, the proof points are overwhelming. If ArcelorMittal can build a 2,000-person digital technology hub, if Lonza can trust India with biopharma R&D support, if Deepwatch can build AI-driven cybersecurity from Bengaluru, and if HCLTech can prove that Nagpur and Madurai can deliver world-class technology — then the question isn't whether to build a GCC in India. It's how fast you can start.

At Savanna HR, we specialize in helping GCCs build their India teams — from the first hire to the five-hundredth. If you're planning, scaling, or struggling with your GCC talent strategy, we'd love to help.

Sources & References

○  Cohere Health — Official press release: 'Cohere Health Launches Hyderabad Capability Center' (February 2026); BioSpectrum India, YourStory, CXO Digital Pulse, Digital Health News coverage

○  ArcelorMittal — ANI press release: 'Global Steel Giant ArcelorMittal Establishes Global Capability Centres in Pune and Hyderabad' (February 26, 2026); The Print, Tribune India, The Machine Maker, DevDiscourse coverage

○  MetLife — Hans India: 'MetLife opens new GCCs in Hyd, Pune'; BW Businessworld: 'MetLife Plans To Establish Global Capability Centre In Hyderabad'; CIO Elects Online; MetLife Careers India

○  Lonza Group AG — BusinessToday: 'Lonza to set up India global capability centre' (March 5, 2026); Deccan Herald, BioVoice News, Tripura Star News, Digital Health News coverage

○  Deepwatch — BusinessWire: 'Deepwatch Opens Bangalore Center of Excellence' (December 2, 2025); HRKatha, CXOToday, VARIndia, Indian Startup News coverage

○  Ferguson Enterprises — PR Newswire: 'Ferguson Launches Global Capability Center Powered by ANSR in Bengaluru' (June 19, 2025); Business Standard, GCC Rise, The Machine Maker, Modern Distribution Management coverage

○  NTT DATA — Official press release: 'NTT DATA Launches GCC Innovation Acceleration Program' (March 16, 2026); YourStory, CRN Asia, Fiinews, Social News XYZ coverage

○  HCLTech — Official website: 'Supercharged Careers in New Vistas'; India.com: 'HCL Tech to hire 5000 people this year under New Vistas'; HCLTech Careers page

○  Ericsson — Official press release: 'New Bengaluru Ericsson R&D unit to drive 5G software development' (November 2025); Business Standard, Computer Weekly, CXOToday, Silicon India coverage

○  BNY (Bank of New York Mellon) — BNY official website: India operations, BNY Technology India; Tracxn: BNY Mellon International Operations (India) financials; Private Banker International

○  Market data — NASSCOM-Zinnov GCC Landscape Reports; JLL India GCC Office Guide 2026; Cushman & Wakefield: 'World's Major GCC Hotspots'; Maharashtra GCC Policy 2025; Zinnov India GCC projections