Attracting GCCs at heart of Keralam’s economic strategy: Shri Seeram Sambasiva Rao

Second edition of ET GCC World SURGE commences at Kovalam

Trivandrum / September 4, 2026

Thiruvananthapuram, Sept 4: Turning Keralam into a sustainable hub of Global Capability Centres (GCCs) is at the centre of  economic strategy of the present government, according to Shri Seeram Sambasiva Rao, IAS, Special Secretary, Department of Electronics & IT, Government of Keralam.

Shri Sambasiva Rao was delivering the welcome address at the second edition of Economic Times GCC World SURGE, India’s largest residential GCC summit, here at Kovalam on Friday.

Shri Saurabh Kumar of The Economic Times Business Verticals was among those present at the opening session of the three-day event.

ET GCC World Surge brings together around 125 GCC leaders for deliberating on  key topics including headquarter dynamics, building credibility across geographies, attracting entrepreneurial talent, and convincing the global firms of the advantagesof placing bigger bets on India.

Shri P K Kunhalikutty, Minister for Industries, IT & AI, Government of Keralam, will address the summit on Saturday. The minister will launch the Kerala GCC Boilerplate on the occasion.

“The new government has designed a dedicated GCC policy, a GCC playbook, GCC consortium, along with institutions such as the Future Corporation- a dedicated investment promotion agency for the economic sector and a GCC Boilerplate- to facilitate investment end-to-end,” said Shri Sambasiva Rao.

“Keralam is now positioning itself as a serios destination for global technology investment and GCC’s in the very heart of its economic strategy,” he said.

The state’s ambition is to attract 150 GCCs by 2031 and to transform Keralam into a knowledge economy, with technology emerging as the strongest expression of this transformation, he said.

The state offers talent, world class technology infrastructure and quality of life which are top priorities for companies to set up GCC’s, he noted.

“We want global companies to set up their R&D facilities, Engineering and Design units and Product Development in the state. We also want AI and other emerging technologies to grow from the state, “said Shri Sambasiva Rao.

Technopark, which started in Thiruvananthapuram three decades ago, has now transformed into a larger technological ecosystem with more than 15 GCCs, employing around two lakh technology professionals and contribute to software exports exceeding 30,000 crores annually, he noted.

“Companies like IBM, Oracle, Allianz, Nissan, TCS, Infosys, EY, KPMG have built substantial operations here and some of them have built global technology and business capability centres from Keralam for more than two decades now, he observed.

“Come to Keralam, build from Keralam and grow from Keralam, and the government will be your partner in this journey, “Shri Sambasiva Rao assured the GCC leaders converged at the summit.

Set against the backdrop of a fast-converging world, the ET GCC World Surge explores how India’s GCCs are dismantling silos, reinventing scalability and redefining enterprise value on a global.

ENDS