Small towns can now log on to tech job boom

The Indian government is developing a national framework to decentralize Global Capability Centres (GCCs) to tier-2 cities, boosting employment in these regions. This initiative aims to enhance talent access, infrastructure, and regulatory reforms, with GCC units in smaller cities increasing from 5% in 2018-19 to 7% in 2023-24.

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Global capability centres (GCCs), the tech & operations arms of MNCs in India, are concentrated in big cities as of now, but the Budget aims for a national framework to guide states in fostering GCCs across tier-2 towns . GCCs are creating more employment than traditionally strong IT services business. This framework will focus on improving talent accessibility, developing infrastructure, building regulation reforms, and establishing industry collaboration mechanisms.

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