The Dominance of Bengaluru, Hyderabad, and Pune in India’s GCC Ecosystem
Bengaluru, Hyderabad, and Pune have emerged as the leading cities in India's GCC landscape, collectively accounting for 65% of the country's GCCs. This article explores how these cities are reshaping commercial real estate and driving global innovation.
Real Estate Pune:Global Capability Centres (GCCs) are the nerve centres powering multinational innovation and business operations from India. As of 2025, India hosts over 53% of the world's GCCs, with an estimated 1,700 out of 3,200 such centres globally. Among these, Bengaluru, Hyderabad, and Pune have emerged as the undisputed leaders, collectively accounting for around 65% of India’s GCC ecosystem. This article delves into why these cities lead the charge and how each is rewriting the country’s commercial real estate.
India’s GCC Boom
India has been building its reputation as a strategic hub for R&D, global operations, and digital transformation. These hubs are no longer mere back-office setups; they are now the arena for product ownership, innovation, and enterprise-wide digital transformation for Fortune 500 companies and tech unicorns. The three cities—Bengaluru, Hyderabad, and Pune—have been dominating this landscape, each with its unique strengths.
Bengaluru, often referred to as the Indian Silicon Valley, is the gold standard for GCCs. Key factors leading to its leadership include:
- Large Talent Pool: Bengaluru has the strongest engineering and technology clusters, making it the top choice for new GCCs. - Innovation and R&D Ecosystem: Home to over a thousand tech startups and world-class infrastructure, Bengaluru offers cost advantages and access to leading tech talent. - Policy Support: Karnataka’s proactive policies have streamlined business operations and driven heavy investments in the tech space. - Wide Capabilities: Bengaluru leads in AI, software development, fintech, product engineering, and other technological advancements, attracting both established and new-age global organizations.
Hyderabad: India’s Fastest-Growing GCC Star
- GCC Count: 273+ (19-21% of national total) - Key Industries: Pharma, IT, Aerospace, Biotechnology, BFSI - Major Companies: Amazon, Bayer, Sandoz, Roche, BlackBerry, AstraZeneca
Hyderabad is emerging as India’s fastest-growing GCC star. Its distinctive edge includes:
- Cost-Effective Real Estate: Office spaces in Hyderabad are around 20-30% cheaper than in Bengaluru, making it attractive for rapidly scaling global firms. - Policy Support: Initiatives like TS-iPASS and T-Hub incubator, along with a focus on rapid infrastructure expansion, make Hyderabad a perfect market for tech and biotech GCCs. - Talent Pools: The city has successfully attracted skilled professionals, especially in life sciences, BFSI, and emerging tech sectors. - Fortune 500 Favourite: Global organizations such as Amazon and AstraZeneca have digital and innovation branches operating in the city.
Pune is gaining prominence as an engineering and analytics powerhouse. Its rising profile is due to:
- Academic and Research Centers Proximity: Pune is home to top universities, providing a large talent pool that fuels its tech and engineering GCCs. - Lower Operational Costs: Commercial rents and wages in Pune are lower compared to other major cities, making it attractive for cost-conscious innovation centers. - IT and Manufacturing Ecosystem: Evolving from a manufacturing-based industry, Pune now hosts and thrives with analytics, R&D, and product engineering capabilities, making it a great destination for specialized GCCs. - Strategic Location: Proximity to Mumbai, the financial capital of the country, gives Pune a distinct business and logistics edge.
Trends Redefining the GCC Triangle in 2025
- Office Space Demand: Bengaluru leads with 3.3 million square feet of GCC leasing in 2025, while Hyderabad logs about 0.82 million, and Pune continues rising as a Tier-1 alternative. - Talent Pool: Bengaluru houses the highest tech workforce, Hyderabad draws specialized talent in the BFSI and life sciences space, while Pune is unique for its engineering and automotive expertise. - Variety of Working Areas: Bengaluru and Hyderabad focus on cutting-edge technologies and strategic R&D projects, while Pune dominates in manufacturing and analytics-driven operations.
The Bottom Line
Despite the rise of tier 2 cities, the triangle of Bengaluru, Hyderabad, and Pune will continue to dominate India’s GCC growth. Key factors such as policy support, world-class infrastructure, and a dynamic talent pool are unique to these three cities, giving them a strong foundation and leadership status. From the global enterprises' perspective, India’s GCC Triangle will remain the go-to ecosystem to drive innovation, efficiency, and future-ready business operations.
Frequently Asked Questions
What are Global Capability Centres (GCCs)?
Global Capability Centres (GCCs) are the nerve centres that power multinational innovation and business operations from India. They focus on R&D, digital transformation, and strategic projects for Fortune 500 companies and tech unicorns.
Why is Bengaluru the top choice for GCCs?
Bengaluru is the top choice for GCCs due to its large talent pool, strong innovation and R&D ecosystem, policy support, and wide capabilities in AI, software development, fintech, and product engineering.
What makes Hyderabad a fast-growing GCC star?
Hyderabad is a fast-growing GCC star because of its cost-effective real estate, strong policy support, skilled talent pools, and focus on life sciences, BFSI, and emerging tech sectors.
What are the unique strengths of Pune in the GCC ecosystem?
Pune's unique strengths in the GCC ecosystem include its proximity to top academic and research centers, lower operational costs, strong IT and manufacturing ecosystem, and strategic location near Mumbai.
How are these cities reshaping commercial real estate in India?
These cities are reshaping commercial real estate by driving high demand for office spaces, attracting specialized talent, and focusing on cutting-edge technologies and strategic R&D projects.