siliconindia | | MAY 20269more advanced than traditional outsourcing". He added, "The insurer has worked with third-party partners for over two decades, with those relationships evolving alongside the company".In the technology and enterprise space, companies like Goldman Sachs and JPMorgan Chase continue to invest in India GCCs for mission-critical systems such as trading platforms, risk analytics, cybersecurity, and cloud infrastructure. These are core engineering functions tied directly to global operations.Retail and tech leaders such as Walmart and Microsoft are also expanding their India engineering investments, with India teams contributing to global e-commerce systems, AI development, cloud platforms, and supply chain technology, further accelerating enterprise AI adoption in India. Key GCC Events (2025-2026) Driving India's Engineering ShiftThe transformation of Global Capability Centers (GCCs) in India is being actively shaped by a series of high-impact industry events between 2025 and 2026. These platforms are not just forums for discussion, they are defining how GCCs evolve from execution units into strategic engineering hubs.NASSCOM GCC Summit 2026One of the most influential platforms in the GCC ecosystem, the 16th edition of the summit is scheduled to take place on May 6-7, 2026, in Mumbai. The event is expected to bring together global enterprises and policymakers to outline the next phase of GCC evolution.Themed `Architecting the Strategic Leap', the summit will focus on AI-native enterprises, leadership, and the shift of GCCs from execution to ownership.Rajesh Nambiar, President of Nasscom, said, "The real shift for GCCs will come when they move from a cost mindset to a revenue mindset. The moment they start influencing revenue, not just delivering execution, they stop being back offices and become true innovation and engineering hubs. The next five years will decide whether GCCs in India remain execution centers or evolve into leaders shaping business and engineering outcomes globally".This reinforces the idea that GCCs are increasingly being evaluated not just on cost efficiency, but on their ability to drive engineering-led business outcomes.NASSCOM GCC Conclave 2025The 2025 conclave further strengthened the narrative that GCCs are now deeply embedded within global enterprise strategy. This shift is also reflected in broader industry views. As Debjani Ghosh, Distinguished Fellow at NITI Aayog and is the Chief Architect of the NITI Frontier Tech Hub noted: "Most of them are focused on cutting-edge R&D. a lot of companies have their largest R&D hubs right now in India". This highlights how India is moving beyond delivery into core engineering and research ownership.Bengaluru Tech Summit 2025At the Bengaluru Tech Summit 2025, themed `FutuRise', the focus was on India's growing leadership in AI, deep tech, and global innovation. The event brought together global leaders, policymakers, and enterprises to drive collaboration across emerging technologies. In his address, Karnataka Deputy Chief Minister D. K. Shivakumar described Bengaluru's role in this transformation: "Bengaluru's strength lies not just in its infrastructure, it lies in its people".Discussions highlighted India's ambition to strengthen its position in areas such as AI, digital infrastructure, and advanced engineering, while scaling innovation through global partnerships. This reflects a broader shift, India is not just adopting technology, but increasingly building and scaling it for global impact.GCC Leaders' Conclave 2025The GCC Leaders' Conclave 2025 focused on the theme of driving next-generation operating models and enterprise value creation, reflecting the evolving role of GCCs in global organizations. Discussions at the conclave centered on how GCCs are transitioning from execution-focused units to strategic, outcome-driven
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