📷 Image: Wikimedia Commons / ANKAN
Business
Karnataka Aims for 500 New GCCs, $50 Billion Output by 2029
✍️ ET Government
🗓 09 Jul 2026, 12:17 AM
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Karnataka is planning to establish 500 new Global Capability Centers (GCCs) and achieve an economic output of $50 billion by the year 2029.
The state of Karnataka has set an ambitious target to significantly expand its Global Capability Centers (GCCs) landscape. The government aims to establish 500 new GCCs within the state by 2029, marking a substantial growth initiative.
This expansion is projected to contribute significantly to the state's economy. Karnataka anticipates that these new centers will collectively generate an economic output valued at $50 billion by the same year.
The move underscores Karnataka's focus on strengthening its position as a hub for global business operations and leveraging its existing infrastructure and talent pool to attract further investment.
This expansion is projected to contribute significantly to the state's economy. Karnataka anticipates that these new centers will collectively generate an economic output valued at $50 billion by the same year.
The move underscores Karnataka's focus on strengthening its position as a hub for global business operations and leveraging its existing infrastructure and talent pool to attract further investment.