When Texas Instruments started its India office in Bangalore in 1984, it marked the beginning of what is now over 1,800 Global Capability Centres (GCCs) in India. These centres serve as offshore units for multinational companies, drawn by India's large, English-speaking IT workforce. According to Minister Jitin Prasada, GCCs' revenue grew from $40.4 billion in FY19 to $64.6 billion in FY24, with nearly one GCC opening every week. Immigration changes have made working abroad tougher, making GCCs an attractive option. Sangeeta Gupta of Nasscom explained that mid- and senior-level Indian talent now see GCCs as a great opportunity as global mobility shrinks. Employees enjoy competitive pay and great work policies, says Gayathri Subramonian from Staples, which opened an innovation hub in Chennai. Major firms like Target and Japan's Rakuten also run big GCCs here. The COVID-19 pandemic accelerated growth, with States competing to host GCCs. Earlier barriers faced by Texas Instruments contrast with today's pro-business policies. The term 'GCC' replaced older labels like 'captives' to better represent their expanding roles, including high-tech jobs in AI and cybersecurity. ANSR Global, a key consultant, notes that these firms pay well and want experienced hires who deliver value immediately. However, unlike traditional IT jobs, GCCs hire mainly seasoned professionals. Alouk Kumar of Inductus says employees typically earn ₹1.2 to ₹1.5 lakh monthly, placing them in the country's top 2%. Despite all gains, some experts warn that GCC growth mostly supports foreign firms and may not guarantee local industrial benefits if global investments slow. Still, with ongoing evolution, GCCs may soon be called 'global innovation hubs' to reflect their growing importance in India's tech scene.