BENGALURU, 9 SEPT

State Minister Priyank Kharge announced on Tuesday that the state's mid-market Global Capability Centres (GCCs) are maturing 1.4 times faster than their counterparts across India. At the launch of the Katalyst Karnataka GCC Handbook, he attributed this growth to the State's robust ecosystem, where talent, innovation, and supportive policies enable global enterprises to scale efficiently and achieve superior outcomes.

"Katalyst functions as a dedicated ease-of-doing-business cell, offering streamlined clearances, single-window support, and a practical playbook for new GCCs," Kharge, who oversees the Information Technology and Biotechnology portfolio, stated. He expressed confidence that Katalyst will ensure that the state's leadership in the sector not only continues but multiplies in the coming years.

The State is recognised as a premier GCC destination in India, housing over 30 per cent of the country's GCCs, with the City alone employing more than 600,000 professionals in the sector. The government noted that in the past three years, 43 per cent of all new GCCs established in India have opted for the State, reflecting the confidence global enterprises have in the state's ecosystem.