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Press release
30 Sept 2026
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Chennai, India
Coimbatore could host nearly 200 GCCs by 2032, up from over 75 today: EY-CII report
Coimbatore, 30 September 2026: Coimbatore has the potential to scale its Global Capability Center (GCC) ecosystem from more than 75 GCCs today to nearly 200 GCCs by 2032, according to a new EY and CII report titled, “Leapfrog 2032: The Road to 200 GCCs in Coimbatore”. The report outlines a structured roadmap for the city to participate in India's next wave of GCC growth by capitalizing on its engineering talent, industrial strengths, workforce stability, and expanding innovation ecosystem.
The report notes that the city is home to a population of 3.8 million, a technology workforce exceeding 300,000 professionals, 137 engineering colleges, more than 30,000 STEM graduates annually, and over 75 GCCs as of 2026. It further proposes an ambitious but achievable growth trajectory, estimating that Coimbatore could add approximately 125 GCCs over the next six years, driven by a five-pillar "5R Growth Framework".
Commenting on the report insights, Manoj Marwah, Partner and GCC Markets Leader – EY India said, “Coimbatore has in many ways moved beyond the conventional definition of a second-tier city. The fact that some GCCs have scaled to over 1,000 employees demonstrates the potential to build and sustain larger mandates. The next phase is about replicating this success across the ecosystem, deepening engineering ownership and building globally relevant capabilities. With coordinated execution, the city could emerge as one of India's most distinctive GCC destinations by 2032.”
The 5R Framework identifies five complementary growth engines for Coimbatore's GCC ecosystem: Resilience, attracting Metro+1 expansion mandates from enterprises seeking diversification beyond major GCC hubs; Replicate, leveraging existing GCC success stories to attract competitors, suppliers and industry peers; Regionalize, enabling South Indian enterprises to establish internal capability centers; Role-led, building specialization in engineering, industrial technology and innovation-led capabilities; and Ramp-up, helping existing GCCs expand mandates, talent and global responsibilities.
Together, these pathways provide a roadmap to scale Coimbatore from 75 GCCs today to nearly 200 by 2032.
Adding to it, V Noushad, Chairman CII Coimbatore Zone and Managing Director, Walkaroo International Pvt Ltd said, “As global enterprises increasingly seek talent, resilience and specialized capabilities beyond traditional metro locations, Coimbatore is well placed to play a larger role in India's GCC story. Our ambition is not just to attract more GCCs, but to help create a globally competitive ecosystem that delivers long-term economic value for the city. The 5R framework outlined in this report provides a practical roadmap to that end.”
The report notes that many current centers remain in the early stages of their growth journey and have the potential to evolve from execution-focused operations into global engineering centers, centers of excellence, product ownership teams and strategic innovation hubs.
It identifies several structural strengths that could support Coimbatore in these ambitions, including workforce stability, lower attrition levels compared with larger metro locations, strong academic institutions, competitive Grade A office rentals and supportive government policies, such as Tamil Nadu's dedicated payroll-linked GCC incentive framework, and innovation enablers such as SNS iHub.
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About the analysis
The GCC 200 ambition outlines what is possible if Coimbatore successfully strengthens the ecosystem enablers required for scale. The pathway from 75 GCCs in 2026 to nearly 200 by 2032 reflects a phased growth trajectory rather than a one-time investment surge. It assumes that Coimbatore's GCC ecosystem matures progressively over time, supported by coordinated efforts. The report estimates that annual GCC ecosystem growth could rise progressively from 10-12% in the initial years to 24-27% by 2032, resulting in an estimated CAGR of approximately 21% during the period.
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EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com. This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
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