India's Global Centre Market Growth Projection: $105 Billion by 2030
Projected Growth of India's Global Centre Market
In a recent report by Nasscom and Zinnov, it was revealed that India's global centre market is anticipated to expand dramatically. The market size is expected to see an increase from $64.6 billion in fiscal 2024 to a whopping $105 billion by the year 2030. This projection emphasizes the potential for growth and investment opportunities within the sector, particularly as businesses intensify their digital transformations.
Key Drivers of Market Expansion
- Technological Advancements: Innovations in AI and machine learning are fueling demand.
- Increased Outsourcing: Companies are leveraging India's skilled workforce to manage operations efficiently.
- Global Partnerships: Collaborative efforts between Indian firms and international companies are becoming commonplace.
The trajectory of India's global capability centres points to a thriving market landscape, positioning the country as a significant player on the global stage.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.