Post by Devavrata Shukla

India’s GCC story continues to strengthen! The report, “Accelerating the Growth of Global Capability Centres (GCCs) in India” released by STPI, under MEITY states that Indian GCC market could grow from US$ 50 billion in FY24 to US$ 110 billion by FY30, implying a CAGR of about 14%. It also notes that GCCs are shifting from back-office support centres to strategic hubs focused on innovation, product development, analytics, and engineering R&D. For Indian Power and Utilities Sector, GCCs can increasingly become engineering, analytics, digital operations, and innovation hubs for utilities and energy companies. Drawing on several reports and articles (most of them released by #EY), we can narrow the focus to key areas where India is strongly positioned to expand its base of energy-focused GCCs. A. Grid planning and operations support: help with dispatch analytics, network modelling, outage management, and reliability studies. B. Renewables integration: support solar, wind, storage, forecasting, and grid-balancing tools. C. Engineering and R&D: do power electronics design, digital engineering, testing support, and product development. D. Asset management: improve preventive maintenance, condition monitoring, and turnaround planning for plants and networks. E. Decarbonization work: support carbon accounting, sustainability reporting, and clean-energy transition strategies. F. Regulatory and commercial analytics: assist with tariff analysis, market modelling, regulatory filings, and pricing support. #GlobalCapabilityCenters #GCCIndia #EnergyTransition #CleanEnergy #PowerSector #RenewableEnergyIndia #SustainableGrowth #DigitalTransformation #Innovation #FutureOfWork #EngineeringR&D #Technology #Decarbonization #NetZero #GreenEnergy #Energy #Utilities #GridModernization #EnergyInnovation #IndiaGrowthStory