How the Rise of GCCs Will Reshape India’s Economy—And Why Verified Talent Matters

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What Are GCCs?

GCCs (Global Capability Centres) are offshore branches or units of multinational corporations set up to deliver high-value business functions. These include IT services, finance, data analytics, legal support, customer experience, and R&D. India has rapidly become the global epicentre for GCCs, thanks to a skilled workforce, cost efficiency, and strong digital infrastructure

According to NASSCOM, India currently houses over 1,600 GCCs, employing more than 1.66 million people, and this number is expected to grow significantly in the coming years.

GCCs in India: A Growth Story

India has emerged as the preferred destination for setting up GCCs, driven by:

  • A vast, skilled talent pool across tech and finance domains

  • English language fluency

  • Strong digital infrastructure and mobile penetration

  • Cost-efficiency and time-zone alignment with global markets

“India’s GCC boom is showing no signs of slowing down. According to Business Today, over 80% of new GCCs in 2023–24 were set up in Tier-2 cities, with companies expanding aggressively beyond metros. The report highlights how this shift is creating high-value employment, upskilling demand, and ecosystem development in emerging hubs like Coimbatore, Jaipur, and Chandigarh” 

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The Shift in Hiring Dynamics

With the rapid growth of GCCs, there’s been a notable shift in hiring patterns:

  • High-volume hiring in engineering, data science, finance, compliance, and customer success roles

  • A sharp preference for verified and credentialed professionals

  • Adherence to global hiring practices and internal audit standards

  • Emphasis on background verification, not just resume screening

This shift indicates that degrees and experience alone are no longer sufficient. Verified credentials are essential for candidates to stay competitive

Why Verified Credentials Matter in GCC Hiring

Key Compliance Priorities for GCC Hiring

 1. Global Compliance, Local Execution

GCCs must comply with the same legal and operational frameworks as their parent firms. Any misstep in hiring—be it a fake degree or mismatched work experience—can lead to:

  • Compliance breaches

  • Audit failures

  • Legal and reputational setbacks

Background verification helps ensure every hire is globally compliant and locally validated.

2. Risk of Credential Fraud in High-Growth Markets

India’s scale is its strength, but also a challenge. Fake academic certificates, inflated roles, and unverifiable job experience can compromise sensitive business processes. GCCs, especially in BFSI and healthcare, cannot afford such risks.

Verified credentials act as the first firewall against such fraud.

 3. Audit Readiness & Vendor Due Diligence

Internal and external audits are frequent in regulated sectors. GCC HR and legal teams must present proof of clean hiring processes.

Partnering with a solution like OnGrid, which offers tamper-proof, audit-ready verifications, ensures peace of mind and continuity.

What OnGrid Offers for GCC Hiring

As a trusted BGV (Background Verification) partner, OnGrid delivers secure, scalable verification services tailored for the needs of high-growth GCCs:

 Identity & Address Verification

  • Instant Aadhaar, PAN, Passport Verification, and Voter ID checks

  • Physical and digital address verification (current & permanent)

 Education & Employment Verification

  • Direct tie-ups with universities and past employers

  • Identification of gaps, fraud, or document mismatch

 Criminal & Police Verification

  • eFIR checks, local police station clearance

  • Court record verification and criminal background checks

 Drug Testing

  • Critical for roles involving sensitive data or safety concerns (e.g., IT, BFSI)

Verified Credentials as Digital Proof

OnGrid provides digitally shareable verified credentials, enabling quicker onboarding and cross-platform reusability

Real-Time Shift: Verify First, Hire Later

Previously, companies would conduct background checks post-offer. Today, GCCs increasingly opt for pre-offer verification, especially for:

  • Senior and leadership roles

  • Legal, audit, or compliance-related functions

  • Gig and contract-based staffing for sensitive operations

This proactive approach prevents delays, reduces risk, and streamlines hiring.

Trust as a Competitive Advantage

Verified credentials not only protect companies from fraud but also give Indian professionals a competitive edge.

For instance:

  • A digitally verified engineer from Tier-2 India might secure a GCC role faster than an unverified Tier-1 applicant

  • Verified ID and address data can speed up onboarding by days, saving companies both time and cost

In short, trust is currency in global hiring.

GCC Expansion: Fuel for India’s Economic Growth

The current wave of GCC expansion is more than a trend—it’s a structural shift:

  • India is becoming a preferred strategic operations base for global firms

  • GCCs are driving demand for high-skill jobs across metros and Tier-2 cities

  • With the right checks in place, India can position itself as a trusted global talent hub

The rise of GCCs is expected to contribute significantly to GDP, digital transformation, and employment growth over the next decade.

Conclusion: GCCs Will Shape India’s Future—But Only If Talent Is Verified

To answer the question “What are GCC’s?” is to understand their deeper economic impact. They’re not just corporate branches—they’re pillars of India’s global relevance.

But with great opportunity comes responsibility. For India to capitalise on this boom, both employers and employees must uphold new standards of trust, transparency, and compliance.

With OnGrid’s trusted verification solutions, companies can hire at scale—with speed, security, and confidence.

FAQs

1. What are GCC’s, and why are they important to India’s economy?
GCCs (Global Capability Centres) are offshore operations set up by multinational companies to handle high-value business functions like IT, finance, R&D, and analytics. India is a preferred destination due to its skilled talent pool, cost efficiency, and strong digital infrastructure. GCCs are now pivotal to India’s economic growth, job creation, and innovation.

2. How is the rise of GCCs impacting job opportunities in India?
The rise of GCCs is creating thousands of new jobs in tech, finance, compliance, and data science. With many expanding into Tier-2 cities, high-value employment is becoming more accessible across India. Verified credentials help Indian professionals tap into these global opportunities.

3. Why is background verification important for GCC hiring?
GCCs follow global compliance norms and require verified candidates to ensure security, transparency, and audit readiness. Hiring unverified talent can lead to compliance breaches, reputational risks, and operational delays.

4. What types of credentials do GCCs typically verify?
GCCs usually verify identity (Aadhaar, PAN, passport), address, education history, employment records, police records, and in some cases, conduct drug testing. Verified credentials must be tamper-proof and audit-compliant.

5. How does OnGrid help in verifying talent for GCCs?
OnGrid offers a complete background verification suite, including real-time identity checks, education and employment verification, police verification, and digital credential issuance. These services are trusted by top Indian employers and global firms alike.

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