Author: TNR

India’s role in the global cybersecurity industry is changing rapidly.

India is emerging as a strategic expansion market for global banks as digital infrastructure, AI adoption, fintech innovation, and enterprise operations continue scaling across the country.

GIFT City is emerging as India’s international financial and fintech gateway, attracting global banks, investment firms, fintech companies, and cross-border financial institutions through its IFSC ecosystem, digital infrastructure, and globally aligned regulatory framework.

European fintech company Revolut plans to base nearly 40% of its global workforce in India by the end of 2026 as the company accelerates expansion of its India Global Capability Centre (GCC), highlighting the country’s growing importance in global fintech operations and technology development. The company said it will add around 1,600 employees across its India operations through 2026, taking its total workforce in the country to approximately 5,500 by year-end. Revolut currently employs around 12,000 people globally. The expansion follows the company’s 2025 commitment to invest £500 million over five years into its India business and GCC operations. The…

Budget 2026–27 introduces long-term tax incentives for foreign cloud providers using India-based data centres as the government pushes to position India as a global AI and digital infrastructure hub. India has unveiled a long-term tax incentive framework aimed at attracting global cloud and AI infrastructure investments, marking one of the government’s most significant policy pushes yet to position the country as a major digital infrastructure hub. Under the Union Budget 2026–27, eligible foreign cloud service providers using India-based data centres for global operations will receive a tax holiday extending until 2047. The measure is part of a broader strategy to…

India’s GCC Industry Nears 2030 Revenue Forecast

NTT DATA plans to support more than 50 global companies through its India-focused GCC Innovation Acceleration Program as demand for AI-driven offshore hubs rises. TOKYO/MUMBAI — NTT DATA has launched a new India-focused programme aimed at helping multinational companies establish and expand Global Capability Centers (GCCs) and innovation hubs, underscoring the growing strategic role of India in global technology and AI operations. The company said its GCC Innovation Acceleration Program, launched in October 2025, is expected to support more than 50 companies over the next three years. The initiative will focus on helping enterprises build and scale offshore innovation centers…

LPL Financial has inaugurated a Global Capability Centre in Hyderabad focused on technology, analytics, operations, and platform engineering. LPL Financial has formally launched its Global Capability Center in Hyderabad, expanding the US-based wealth management firm’s technology and operations footprint in India. The company, which manages approximately $2.4 trillion in assets for around 8 million clients in the United States, has established the facility in Hyderabad’s Financial District as part of its broader global technology and operational expansion strategy. The Hyderabad GCC will support functions including technology development, operations, product engineering, data analytics, and risk management, according to the company. The…

A new report by JustJobs Network, supported by JPMorganChase, says India must align workforce training with local job demand to improve youth employment outcomes. A new research report released by JustJobs Network, supported by JPMorganChase, has called for a hyper-local approach to workforce training in India, arguing that skill development programmes need to align more closely with regional employment demand rather than relying on broad national-level data. The report comes as India faces growing concerns around employability, workforce readiness, and skills mismatches despite its large young population and expanding digital economy. According to the study, India could risk an estimated…

NVIDIA has signed its largest office space deal in India, leasing 7.6 lakh sq ft in Bengaluru as the company expands its AI and engineering operations. NVIDIA has leased 7.6 lakh square feet of office space in Bengaluru in a transaction valued at approximately ₹1,230 crore over 10 years, marking the company’s largest office expansion commitment in India to date. According to property documents accessed by Propstack, NVIDIA Graphics Private Limited, the company’s Indian subsidiary, has leased space at Bagmane Capital’s Memphis South Tower, owned by Bagmane Constructions Private Limited. The agreement covers 12 floors with a total chargeable area…