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India's GCCs to add 1-1.4 Million Jobs and drive 150-170 Million Sq. Ft. of office demand by 2031: Embark Report

PR Newswire•23/10/2026•09:00 ET
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Key Highlights

  • ➤India GCCs projected to add 1–1.4 million jobs by 2031
  • ➤GCC expansion expected to generate 150–170 million sq. ft. office demand
  • ➤Existing GCCs projected to deliver approximately 80% of incremental headcount growth
  • ➤AI-specialist talent pool could reach 0.8–0.9 million by 2031
  • ➤BFSI and TMT expected to represent about 54% of incremental office demand

Expert Statements

Aravind Maiya, CEO and Co-founder of Embark

“AI is reshaping GCCs from delivery centres into strategic capability hubs. India's opportunity is to turn AI adoption into measurable business value, driving demand for specialist talent and supporting continued workforce and office growth through 2031”

India's GCCs to add 1-1.4 Million Jobs and drive 150-170 Million Sq. Ft. of office demand by 2031: Embark Report PR Newswire

AI to reshape workforce composition, functional ownership, and workplace requirements; established centres are expected to account for around 80% of incremental headcount growth

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