India’s Global Capability Centre market to grow to USD 110 bn in 2030, says NeST Digital VP

Mr Sabu Shumsudeen speaks at Technopark’s vodcast

Trivandrum / November 26, 2025

Thiruvananthapuram, Nov. 26: Noting that major global giants are keen for setting up Global Capability Centers (GCCs) in India, Mr Sabu Shumsudeen, Vice President & Head of Business Operations, NeST Digital STC, said the country’s GCC sector is projected to grow to USD 110 billion in 2030 from the current market size of USD 64.6 billion.

Sharing his views during Technopark’s official vodcast series ‘Aspire: Stories of Innovation’, Mr Shumsudeen said with its robust IT ecosystem, Technopark, which is country’s first IT Park, has a vital role in tapping the emerging trend and opportunities. 

He noted that so far, around 1.9 million employment opportunities have been generated through GCC in the country.

“When you look at all industry, all giants are looking for creating GCCs in India. I reckon, around 100 companies are looking for GCCs in Kerala and southern part of India, apart from Bengaluru to have their destination,” Mr Shumsudeen said.

NeST Digital STC is a global leader in providing end-to-end solutions in engineering and manufacturing for both hardware and software products in the high value-added markets. It is one of the foremost firms that started its operations in Technopark since its inception in 1990. 

Highlighting that 80 percent of the GCCs will be artificial intelligence (AI)-driven, Mr Shumsudeen noted that even if Technopark gets five or ten of the GCCs of the upcoming global firms, it will help transform Kerala into a technology hub.

Commenting on the growth of the organization, he highlighted the strength of the wider NeST Group. “We started as one of the first companies in Technopark. Today, under the NeST Group umbrella, our flagship SFO Technologies has grown to become the largest electronics manufacturing unit in India, in addition to having our own SEZ for manufacturing.”
He said the company realizes that it needs to position itself in the software side more by adopting the technology disruption. “We have an advantage of being the largest electronics manufacturing company in India. We could adopt AI for different manufacturing and software development,” he pointed out. 

Holding that faster implementation of ideas is the way to success, Mr. Shumsudeen explained the shift in the industry: “Application development or banking software development continues to be a normal part of the software development life cycle. But in Internet of Things (IoT) enablement, areas like production, manufacturing, and hardware R&D are all accelerating to adopt AI and the latest technologies into the whole industry.”

With a strong team of AI, NeST Digital STC is working with global clients and establishments like Defence, Cochin Shipyard and ISRO for creating sensitive devices.

According to him, retention is one of their key focus areas as they hire and nurture and retain talents.

“Hiring and retention are vital. Besides, getting right talent is a huge task. We have collaboration with educational institutions in the state capital for identifying genuine talents. During the last one year, we have inducted 30-35 under and post graduates from various educational institutions,” he added. 

Urging youngsters to have a more positive attitude to learning, Mr Shumsudeen said learning has to be a regular feature in their career at a time technology is changing rapidly.

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