Iran conflict and global risks slow GCC expansion in India

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Volatile global geopolitics is impacting the pace of new technology centre openings in India as multinationals weigh their business strategies.

A total of 63 global capability centres (GCCs) opened in the March quarter, slowing from 74 a year earlier, according to a report by UnearthIQ, part of market researcher UnearthInsight. Though the count of companies setting up greenfield GCCs rose to 28 last quarter from 24 a year earlier, project discussions have tapered off with the start of the Iran war.

“Brownfield activity dropped 30% in Q1 2026 as macro…



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Iran conflict and global risks slow GCC expansion in India


Volatile global geopolitics is impacting the pace of new technology centre openings in India as multinationals weigh their business strategies.

A total of 63 global capability centres (GCCs) opened in the March quarter, slowing from 74 a year earlier, according to a report by UnearthIQ, part of market researcher UnearthInsight. Though the count of companies setting up greenfield GCCs rose to 28 last quarter from 24 a year earlier, project discussions have tapered off with the start of the Iran war.

“Brownfield activity dropped 30% in Q1 2026 as macro…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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