GCCs are offering 12-20% higher compensation compared to traditional IT products and services companies or even non-tech companies hiring for tech roles, the findings of a TeamLease Digital report show.
India has over 1,600 GCCs employing over 1.66 million professionals. This is poised to touch 1,900 GCCs with over two million professionals by 2025, focusing on GenAI, AI/ML, Data Analytics, Cybersecurity, Cloud Computing, and RPA, the report said.
This is even as the Indian tech industry is projected to reach $350 billion by 2025 with significant investments in AI, ML, and blockchain, up from $254 billion in FY24, it said.
The report, which spans over 15,000 job roles, found that in the key functional areas such as software development and engineering, cybersecurity and network administration, data management and analytics, cloud solutions and enterprise applications management, project management and user experience as well as systems operations and technical support services, the compensation packages offered by GCCs across entry, mid and senior levels in top in-demand roles far outpace those offered by traditional IT and non-tech companies.
The report also points out that metro cities such as Bengaluru, Gurgaon, Hyderabad, Delhi, Mumbai, and Chennai offer the highest salaries for tech job roles. Tier-2 centres like Jaipur, Indore, and Coimbatore, which are the upcoming hubs for GCCs and data centres, are seeing a growth in demand for functions of Data Science, Product Management, and Data Engineering.
Krishna Vij, vice-president, TeamLease Digital, said GCCs, focused on advanced technologies such as Generative AI, AI/ML, Data Analytics, Cybersecurity, and Cloud Computing, are driving digital transformation and setting new standards in innovation.
“The compensation in these centres is notably higher-ranging from 12% to 20% more than traditional IT services-underscoring the premium on digital skills,” she said.
“With 800 new GCCs anticipated in the next 5-6 years, this sector’s growth is not limited to major cities like Bengaluru and Hyderabad. There is a growing expansion into tier-2 cities,” Vij explained.
