India's GCCs go on leadership hunt

Core Insights - Leadership roles at Global Capability Centres (GCCs) in India are projected to increase from 6,500 at the end of 2024 to 8,500 by the end of 2025, with a further 40% growth expected by the end of 2026, according to ANSR research [1][11] - GCCs are transitioning from transactional hubs to capability-led strategic centres, leading to increased demand for leadership across various levels, including heads, VPs, and global function leads [2][11] - The demand for leadership talent is particularly strong in sectors such as BFSI, retail, healthcare, manufacturing, and technology, with companies like Amazon, FedEx, and Intuit actively hiring [6][11] Leadership Demand and Hiring Trends - A study by Xpheno indicates that BFSI, retail, and consumer durables are leading the growth in GCCs and are expected to maintain a positive outlook for leadership hiring [5][11] - The leadership talent pool is expected to grow, with a focus on higher-value activities and sustained expansion plans, despite high attrition rates in high-growth GCCs [11] - Key leadership roles being filled include heads of departments and enterprise functions in technical and commercial areas, with a strong demand for talent in engineering, IT, finance, and operations [6][11] Company Strategies and Future Outlook - Companies like Alvarez & Marsal aim to triple their GCC business in the next three years, focusing on hiring senior leaders with expertise in M&A advisory, digital, and technology consulting [7][11] - Sanofi and Intuit are also expanding their leadership teams, with a commitment to hiring senior roles that align with their strategic growth objectives in India [8][9][11] - The concept of 'GCC 3.0' is emerging, characterized by deep strategic integration, with 80% of GCCs now taking ownership of end-to-end global processes and participating in global decision-making [9][11]