Indian IT giants hit by AI, but GCCs are stepping in to compensate for lost jobs
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Published 5/23/2026, 2:00:00 AM · Updated 5/23/2026, 2:08:15 AMBy TheBriefWire Editorial Team
Key points
- If you follow the Indian IT sector, you must be familiar with the term GCC.
- And if you are not, let us spell it out.
- GCC stands for Global Capability Centre, and in recent years and months India has become the favourite destination for companies worldwide when it comes to setting up one.
- So much so that at a time when AI headwind is making Indian IT giants shake and waver, GCCs are keeping the Indian IT story going, even in terms of IT jobs creation.
- Read Full Story The Indian IT sector so far has relied on SaaS – Software-as-a-Service – for decades.
Published May 23, 2026.
Quick Summary
If you follow the Indian IT sector, you must be familiar with the term GCC. And if you are not, let us spell it out
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to Indian IT giants hit by AI, but GCCs are stepping in to comp.
Key Takeaways
- If you follow the Indian IT sector, you must be familiar with the term GCC.
- And if you are not, let us spell it out.
- GCC stands for Global Capability Centre, and in recent years and months India has become the favourite destination for companies worldwide when it comes to setting up one.
- So much so that at a time when AI headwind is making Indian IT giants shake and waver, GCCs are keeping the Indian IT story going, even in terms of IT jobs creation.
- Read Full Story The Indian IT sector so far has relied on SaaS – Software-as-a-Service – for decades.
📌 Source: India Today
The BriefWire