Blitz Bureau
NEW DELHI: As global capability centres (GCCs) continue to surge in India, such centres focused on renewable energy, with significant offshoring opportunities across upstream, midstream and downstream, are also growing significantly in the country. India is witnessing a sharp rise in GCCs focused on areas such as oil and gas, power and utilities, renewable energy, and mining.
The country is one of the leading GCC destinations globally and is the preferred destination for driving an organisation’s GCC journey, with multiple options across Bengaluru, Mumbai, Pune, Delhi-NCR, Hyderabad, Chennai, and others.
“Bridging the gap between India’s burgeoning GCC landscape and its comprehensive energy sector is a story of synergy and innovation. India hosts more than 30 energy sector GCCs, with centres spread across the country dedicated to driving innovation through digital transformation and automation,” according to a latest EY report.
Energy industry leaders have established a considerable presence in Indian cities like Bengaluru, Chennai, and Pune.
These corporations are leveraging India’s strengths to streamline their operations and improve their processes in energy production and distribution, making a significant contribution to the global energy infrastructure modernisation.
India’s energy sector is powered by a diverse and skilled workforce with 2.5 million STEM graduates and 1.5 million engineering students graduating annually.
According to research conducted by EY, more than 20,000 people are employed in energy GCCs, which are pivotal for innovation and responding to increasing energy demands.
The renewable energy sector is witnessing substantial growth, with wind energy capacity reaching 42.8 GW as of April 2023 and projected to grow to 63 GW by 2030.
