We Called It Early: GCCs Identified Ahead of Time

Validating AIM Research’s US GCC Watchlist : 50% of the Top 10 High-Potential U.S. Companies Established GCCs in India

The landscape of Global Capability Centers (GCCs) in India has transcended its origins as a destination for cost arbitrage; it is now a strategic imperative for global resilience and innovation. As of December 2025, around 60% of the U.S. Fortune 500 totaling 298 companies have successfully integrated India into their global operating models to drive R&D, engineering, and digital transformation.

For enterprise leaders and GCC enablers, the central challenge is no longer “why” India, but “who” is next. The transition from exploration to execution depends on identifying which U.S. enterprises possess the structural readiness to establish a GCC, whether they currently maintain an Indian footprint or are entering the market for the first time.

Predictive Accuracy: Validating the Watchlist Framework

AIM Research has developed a rigorous scoring model to distinguish high-potential companies from the broader field. This framework analyzes global operational footprints, industry sector alignment, and existing India engagement to predict GCC establishment.

The December 2025 update confirms the precision of this model. Since the May 2025 baseline, seven major corporations have formally transitioned into the Indian GCC ecosystem. Critically, this group includes 5 of the Top 10 and 7 of the Top 50 companies identified as high-probability candidates in our initial study.

“Identifying a future GCC is about reading the structural signals before the press release. We aren’t just tracking companies; we are mapping the migration of the world’s most sophisticated operations to India.”

High-Impact Conversions and Market Entry

The recent wave of established GCCs highlights the diverse profiles of companies now prioritizing India:

• Established India Presence: Organizations like CVS Health, Humana, and Blackstone leveraged existing captive teams or local entities to formalize high-value hubs for Al, data science, and investment operations.
• Strategic Market Entrants: Enterprises such as Costco Wholesale and Netflix have moved aggressively to set up hubs in Hyderabad and Bengaluru to support global creative technology, engineering, and supply chain logistics.
• Industrial Innovation: Albemarle (Specialty Chemicals) and FM Global (Insurance) have established centers to lead global R&D and risk engineering.

The Strategic Roadmap for the Remaining 202 Untapped Opportunities

For GCC enablers and industry leaders, the focus must now shift to these 202 companies. This remaining cohort represents a significant strategic opportunity, particularly for firms in industrial manufacturing and healthcare services that are well-positioned for offshore capability models but have not yet scaled their presence.

This report serves as the definitive roadmap for navigating the next phase of GCC expansion.

[Read the full report here]