India Rises as a Global Hub for Energy GCCs amid Clean Tech Transition

India has rapidly emerged as a preferred destination for energy GCCs, which are increasingly establishing technology hubs focused on renewable energy. These centres are unlocking substantial offshoring opportunities across the upstream, midstream, and downstream segments of the energy value chain. By broadening their scope to include energy solutions, grid modernisation, and clean energy technologies, GCCs are playing a pivotal role in driving the industry's transformation toward a more sustainable future.

A projected report indicates that India is home to 77 GCCs within the energy sector, covering industries such as oil and gas, power and utilities, renewable energy, and mining. These centres collectively employ approximately 50,000 people. According to EY analysis, more than 24,000 professionals work in energy-focused GCCs across the country, with the highest concentration of talent in Bengaluru, Mumbai, Pune, Delhi NCR, Hyderabad, and Chennai.

As global renewable capacity is projected to increase 2.7 times by 2030 compared to 2024, these companies are ramping up investments in renewable energy sources. They are recognising the imperative to transition to more sustainable energy solutions in order to meet both regulatory requirements and growing consumer expectations. According to the report, GCCs are tapping into India's vast talent pool in engineering, R&D, and laboratory functions, which play a pivotal role in the growth of energy GCCs. Key activities, includes 2D/3D digital engineering, brownfield/greenfield engineering, turnaround management, geophysics operations, and petrophysical studies. Previously, global parent organisations concentrated on energy centres of excellence (CoEs) in asset management and regulatory affairs. However, the focus has now shifted towards decarbonisation, the clean energy transition, and fuel logistics to better align with the rapidly evolving energy landscape.