# State GCC policies target 11.8 lakh jobs, 1,380 centres by 2031

2026-08-14T14:21:49+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

India's state-level policies for Global Capability Centres (GCCs) aim to create 11.8 lakh new jobs and nearly 1,380 centres by 2029-31, the property consultant CBRE said in a report. GCCs have already leased more than 123 million square feet across the country's top nine cities between 2022 and the first half of 2026. Currently, 94 per cent of India's 2.36 million GCC professionals work in six tier-I cities, Bengaluru, Hyderabad, Chennai, Delhi-NCR and Pune. The next phase of growth is expected to extend into tier-II and tier-III cities through hub-and-spoke models driven by lower costs and policy incentives. Technology, banking and finance, and engineering accounted for 61 per cent of GCC leasing. Centres are also moving beyond back-office functions into research, artificial intelligence, cybersecurity and product development.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/state-gcc-policies-target-118-mn-jobs-over-1300-centres-by-2029-31-cbre/article71345204.ece>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/real-estate/news/gcc-expansion-to-drive-office-demand-beyond-indias-top-cities-cbre/articleshow/133245838.cms>

Tags: Bengaluru, CBRE, Chennai, global capability centres, Hyderabad
Canonical: https://indianopinion.org/state-gcc-policies-target-1-18-million-jobs-1380-centres-by-2029-31/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/state-gcc-policies-target-1-18-million-jobs-1380-centres-by-2029-31/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.
