The Great Talent Shift from Startups to GCCs

Hiring from IT services firms fell from 32% to 18% in FY24, while 16% of new hires came from startups and product companies, up from 13%.
Global capability centres (GCCs) in India are currently showing a keen interest in attracting professionals from the country’s vibrant startup ecosystem, marking a decisive shift in strategy. Until now, GCCs have been drawing top-tier talent mainly from IT companies, thereby forcing many to view them through the lens of poaching.  Notably, GCCs added $64.6 billion in revenue to India’s tech sector in FY24, and the market size is projected to reach around $100 billion by 2030, showing that growth is accelerating for both models. The rich pool of skilled professionals is reportedly encouraging GCCs to offer salaries 20–30% higher than those at domestic IT firms and often on par with or even exceeding startup compensation. Talking to AIM, Roop Kaistha, regional MD APAC
Subscribe or log in to Continue Reading

Uncompromising innovation. Timeless influence. Your support powers the future of independent tech journalism.

Already have an account? Sign In.

📣 Want to advertise in AIM? Book here

Picture of Shalini Mondal
Shalini Mondal
Shalini is a senior tech journalist, exploring the latest advancements in AI. When she's not reporting on the latest innovations, you can find her immersed in her next literary adventure.
Related Posts
AIM Print and TV
Don’t Miss the Next Big Shift in AI.
Get one year subscription for ₹5999
Download the easiest way to
stay informed