State Bank of India (SBI) has leased about 1.35 lakh sq ft of office space in Airoli to house its State Bank Global IT Centre, reinforcing the suburb’s growing role as a hub for global capability centres (GCCs).The public sector lender has taken the space at Newa Bhakti Knowledge City, a commercial development owned by Newa Technocity (India) Private Limited. The fresh lease, which commenced on February 15, 2026, spans floors four to nine and covers a carpet area of 1,34,744 sq ft, according to property ana ...

Core Insights - CGI has appointed Gopal Chhetri as the leader of its Global Capability Centers (GCCs) business, focusing on an AI-first strategy to enhance delivery and transformation capabilities for clients [1][3][5] Group 1: Leadership and Strategy - Gopal Chhetri, with over 25 years of industry experience, will lead CGI's efforts to help clients transition from process efficiency to achieving measurable business outcomes [3][4] - The appointment emphasizes CGI's commitment to client proximity and the establishment, scaling, and transformation of GCCs, leveraging its global delivery model [4][6] Group 2: GCC Evolution - GCCs are evolving from mere execution centers to strategic engines for innovation, modernization, and resilience, aligning with clients' enterprise agendas [2][5] - CGI aims to help clients modernize platforms, utilize AI responsibly, and create lasting enterprise value through their GCCs [5][6] Group 3: Business Expansion - Gopal will focus on expanding CGI's GCC business, enhancing capabilities in digital engineering, cloud, AI, talent development, and market-ready delivery blueprints [6][7] - CGI reported a revenue of CA$15.91 billion for Fiscal 2025, indicating a strong financial position to support its strategic initiatives [7]

Core Insights - Infosys has launched an AI-First Global Capability Center (GCC) Model aimed at transforming GCCs into AI-powered innovation hubs for enterprises [1][2][5]. Group 1: Offering Details - The AI-First GCC Model provides comprehensive support for setting up and transforming GCCs, addressing challenges in scaling and operational readiness [2][6]. - Key components of the offering include Infosys Agentic Foundry for AI agent development, EdgeVerve AI Next as a unified platform for enterprise-scale AI, and Infosys Topaz™ for integrating AI services across the GCC lifecycle [3][5]. Group 2: Client Engagements and Impact - Infosys has a proven track record with over 100 engagements, including partnerships with Lufthansa Systems, zooplus, and Danske Bank, focusing on establishing and managing GCCs [2][5]. - Lufthansa Systems highlighted the collaboration with Infosys as pivotal for their digital transformation, enhancing aviation safety and operational efficiency through AI [4]. - Danske Bank reported significant integration of AI into their software delivery lifecycle, showcasing the impact of Infosys' expertise in creating an AI-first banking environment [4]. Group 3: Strategic Capabilities - Infosys enables clients to transform GCCs into scalable innovation engines, emphasizing technology, talent, and operational models [4][7]. - The offering includes various operational models such as Build-Operate-Transfer (BOT) and joint ventures to suit enterprise needs [6][7]. - The Infosys Springboard digital learning platform is utilized to ensure a sustainable talent pipeline tailored to enterprise requirements [6].

Core Insights - The tightening of H-1B visa policies by the US government is driving US companies to expand their Global Capability Centers (GCCs) in India, leveraging the country's skilled talent and lower operational costs [1][4][5] Group 1: Expansion of GCCs - Major US banks are actively increasing their workforce in India, with firms like JPMorgan, Goldman Sachs, KKR, and Millennium Management hiring for various specialized roles [2][4] - The employment at these GCCs is projected to grow significantly, with estimates suggesting a 50% increase to 2.8 million employees by 2030 [6] Group 2: Talent Pool and Operational Shift - India is recognized as one of the largest tech talent pools globally, ranking alongside China and Japan in terms of top talent locations [3] - The nature of work in these GCCs has evolved from basic back-office functions to critical operational roles, employing a diverse range of skilled professionals [8][9] Group 3: Salary Comparisons and Market Dynamics - Salary levels for entry-level positions in India at US banks' GCCs are significantly lower than those for similar roles in the US, with engineering graduates earning between ₹300,000 ($3,384) to ₹800,000 annually [11] - The rapid growth of the workforce in India reflects the increasing sophistication of the talent pool, as evidenced by promotions within major firms [11] Group 4: Strategic Importance - The shift in operations to India underscores the strategic importance of these centers in global finance, with some banks indicating that disruptions in India would have a greater impact than issues at their headquarters [9][12] - Industry leaders predict that the trend of GCC expansion in India will continue to gain momentum, further solidifying its role in the global job market [12]

Good afternoon. I hope you are having a good day. Yes.Uh I would like to make this more uh you know talkative me. I have enough experience on this area and I think you know this talk today will surely make good difference in your life in your career to you know select the right choice and you will get to know soon about it. So I hope you would know what is GCC.It's a buzz word, right. Right. Anybody who doesn't know want me to spell out.Okay. So GCC means global capability center and uh foreign MNC's they w ...