Revolutionizing Japan’s BFSI & Tech: The Role of India’s GCCs in Financial and IT Transformation

 Global Capability Centres (GCCs) are rapidly emerging as nerve centers of digital transformation, driven by innovation, agility, and scalability. India, home to over 1,800 GCCs as of FY2024, is projected to reach 2,100–2,500 by FY2030, employing 2.5 million and reaching a $100 billion market size.

This growth is fueled by a rich talent pool and accelerating technology transformation. No sector reflects this shift more than Japan’s BFSI (Banking, Financial Services & Insurance). What were once cost-arbitrage offshore centers have evolved into strategic hubs managing core business functions, from digital financial architecture to customer-centric design.

For Japan, adopting GCCs is a forward-thinking move, blending technological excellence with cultural synergies of discipline and quality, deepening cross-border collaboration and redefining global operational models.

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