New Delhi, July 14 (IANS) India has become a leading source of AI talent, currently housing 32 per cent of the global GCC talent pool, 28 per cent of the world’s STEM workforce, and 23 per cent of global software engineering talent, Finance Minister Nirmala Sitharaman said on Monday.
Addressing the Special Ministerial Plenary and Report Back session at the inaugural ‘CII GCC Business Summit 2025’ here, Sitharaman said “We have among the highest penetration of AI skills globally.
In the last decade, 7 new IITs & 16 new IIITs have been opened across the country. India has among the highest proportion of female STEM graduates, at 42.7 per cent. It is important because there is approximately 35 per cent female participation in GCC workforce, she told the gathering.
She noted that India’s Global Capability Centres (GCCs) are at a critical inflection point, evolving from back-office hubs to strategic centres of innovation and leadership.
Since 1985, it took over 30 years to reach 1,000 GCCs, but in just the last decade, an additional 800 have been established. Today, India is home to 1,800 GCCs employing 2.16 million professionals, contributing $68 billion to GDP with the potential to touch $150–200 billion by 2030.
Over 50 per cent of Fortune 500 companies now have a presence in India, drawn by the country’s deep talent pool, competitive costs, and ecosystem maturity.
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