Budget 2026 key to India’s GCCs becoming the world’s next innovation engines

India's upcoming Union Budget 2026 is poised to bolster its status as a global hub for Global Capability Centres (GCCs), projected to contribute $199 billion by 2030. Policy support, including tax incentives and streamlined regulations, is crucial for this sector's expansion into innovation and business delivery. States are actively supporting GCCs, with a national policy framework further reinforcing this momentum.