economy

Kerala Unveils Roadmap to Attract Global Capability Centres, Eyes 2 Lakh Jobs

Published on: 21 Jul 2026, 07:15 PM

The Kerala government released a feasibility report on Tuesday outlining a strategic plan to position the state as a preferred destination for Global Capability Centres (GCCs). The report, titled 'Kerala GCC Outlook 2026', was unveiled by Industries Minister P.K. Kunhalikutty at a conclave held at Technopark in Thiruvananthapuram.

Speaking at the event, Mr. Kunhalikutty said the report marks a vital step in transforming Kerala into the most preferred GCC destination in the country. He highlighted the state's highly skilled talent pool and a robust IT ecosystem built over decades, but acknowledged that certain shortcomings need to be addressed to attract major players.

The feasibility report, prepared by investment and real estate advisory firm Colliers India, assesses Kerala's readiness for GCC investments. A previous report by the same firm had identified Thiruvananthapuram as an emerging strategic hub for GCCs, governance, research, and technology in South India.

The 'Kerala GCC Outlook 2026' conclave served as a platform to discuss the state's growing GCC ecosystem and emerging opportunities. It brought together senior government officials, industry leaders, GCC executives, consultants, and ecosystem stakeholders.

Seeram Samabasiva Rao, Special Secretary of the Department of Electronics & IT, noted that GCCs are driving technological transformation and creating high-value employment globally. He said Kerala currently has 45 operational GCCs, and the government aims to increase this number to 150, potentially creating two lakh jobs by 2031.

Srinivasan Sarvabhouman, CFO of ANSR, a Bengaluru-based firm specialising in GCC establishment, presented the feasibility report. A discussion titled 'Kerala GCC Opportunity: From Strategic Assessment to Accelerated Growth' was held during the conclave.

Suja Chandy, Chief Sustainability Officer (Global) & Managing Director, India Zafin, said Kerala can be a niche destination for GCCs due to its quality education institutions that generate a readily available talent pool. However, she added that more investment and focus on academia-industry collaboration, with the government as an enabler, are needed to sustain the talent pipeline.

Hrishikesh Nair, Chief Operating Officer of Brigade Enterprises, emphasised the need for ready-to-occupy incubation spaces and improved quality infrastructure to attract more GCC facilities to the state.

Source: The Hindu

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