Coimbatore could host nearly 200 GCCs by 2032: EY-CII
- Coimbatore could grow from more than 75 GCCs to nearly 200 by 2032.
- The EY and CII report sees around 125 additional GCCs in six years.
- The city has a technology workforce of over 300,000 professionals.
- More than 30,000 STEM graduates join Coimbatore’s workforce every year.
NEW DELHI, INDIA — Coimbatore could grow its number of global capability centers (GCCs) from more than 75 today to nearly 200 by 2032, drawing on its engineering talent, industrial base and workforce stability.
The southern Indian city could attract around 125 additional centers over the next six years.
A talent base beyond the metros
The estimate comes from a joint report by EY and the Confederation of Indian Industry (CII), ETHRWorld reported.
Coimbatore has a population of 3.8 million, a technology workforce of over 300,000 professionals, 137 engineering colleges and more than 30,000 STEM graduates entering the workforce every year, the report said.
It also pointed to lower employee attrition, strong educational institutions, competitive office rentals and supportive state government policies.
Manoj Marwah, partner and GCC markets leader at EY India, said Coimbatore has moved beyond the traditional definition of a tier-two city and has already shown it can support large-scale GCC operations.
He noted that some GCCs in the city have grown to more than 1,000 employees, which he said highlights the city’s potential to handle larger and more complex global mandates.
A five-pillar roadmap
The report outlines a “5R Growth Framework” built on five pillars.
They are attracting companies looking to expand beyond major metro hubs, building on existing GCC success stories, encouraging regional enterprises to set up capability centers, developing specialized engineering and innovation capabilities, and helping existing GCCs scale up.
V. Noushad, chairman of CII Coimbatore Zone and managing director of Walkaroo International, said global companies are increasingly looking beyond traditional metro cities for talent, resilience and specialized capabilities.
He said Coimbatore is well positioned to play a bigger role in India’s GCC growth story and that the framework offers a practical roadmap for creating a globally competitive ecosystem.
For companies planning a global capability center (GCC), Coimbatore’s engineering pipeline and lower attrition offer an alternative to crowded hubs such as Bengaluru and Hyderabad.
Existing centers of more than 1,000 people also lower the risk of building in a newer location.
The same talent pool is open to business process outsourcing (BPO) and engineering service providers, so firms can compare a captive build against partners on the top BPO companies worldwide list.
Related news
- India’s Tier-2 GCC push hits infrastructure, AI talent gaps · 29 Sep
- Starbucks to open first India GCC in Chennai, creating 800 jobs · 26 Sep
- Seven Indian states target 1,380 GCCs by 2031: CBRE · 26 Aug
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
