FM Sitharaman Targets 5,000 GCCs By 2030 As Global Giants Like Air Liquide Expand Into India!

Finance Minister Nirmala Sitharaman has set an ambitious target for India to host 5,000 Global Capability Centers (GCCs) by 2030, marking a transition from operational capability to global economic leadership. Highlighting that two-thirds of Fortune 2000 companies have yet to establish a footprint in India, she identified this as a massive untapped investment opportunity. Citing the recent establishment of an Air Liquide GCC in Pune as a prime example, the FM emphasized that India’s talent pool and policy environment remain top global draws. The government aims to sustain this momentum by fostering innovation-led ecosystems across diverse geographic regions.