4 days ago
Deloitte India, Embark forge strategic alliance to power next wave of global capability centres
Synopsis
Deloitte India and Embark have formed a strategic alliance to provide comprehensive solutions for Global Capability Centres (GCCs) in India. This partnership aims to assist global enterprises in establishing and expanding their GCCs by offering services encompassing strategy, operations, infrastructure, and governance.
In a move that underscores India's growing stature as the nerve centre of global enterprise transformation, Deloitte India and Embark — an integrated platform by Embassy Group — have entered into a strategic alliance to offer end-to-end solutions for Global Capability Centres (GCCs). The partnership aims to support global enterprises in building and scaling their GCCs in India through a comprehensive suite of services spanning strategy, operations, infrastructure, and over 1,800 GCCs currently operating in India — and projections ranging between 2,400 and 5,000 by 203, the alliance is looking to tap into growth. India's GCC sector has already seen economic contribution soar from $ 19 billion in 2015 to over $ 68 billion in 2024, reflecting a significant shift from cost arbitrage to strategic value creation. Today, one in three Fortune 500 companies has a GCC in India, and increasingly, mid-market firms are emerging as key players. In fact, 27% of the country's GCCs now belong to mid-sized enterprises, according to industry estimates.
' We are beginning to see significant shift in global enterprises' drivers for setting up a GCC. What started as pure capacity models for enterprise support functions are now moving towards becoming cognitive command centres housing emerging tech capabilities such as ArtificiaI Intelligence (AI), Engineering and Research & Development (ER&D) and other digital capabilities. Carrying an achievable vision of 5000 GCCs in the next five years, this sector is poised to generate US$150–US$200 billion in direct economic impact tapping talent beyond metros,' said Romal Shetty, Chief Executive Officer of Deloitte South Deloitte–Embark collaboration is designed to guide organisations across the entire GCC lifecycle — from vision and business case to legal entity setup, tax structuring, infrastructure, talent acquisition, and ongoing operations. Deloitte will bring deep transformation and advisory capabilities, while Embark, backed by Embassy Group's real estate and business ecosystem, will serve as the execution arm on the ground.' What we are seeing today is not just the growth of GCCs, but a fundamental shift in how global organisations view India as a strategic hub for innovation, beyond mere execution. Yet, many companies struggle to convert vision into reality due to a lack of a trusted advisor-led support system. This alliance with Embark is designed to solve that challenge. By bringing together complementary strengths under one roof, we enable enterprises to move from intent to impact faster, with greater confidence, proven ability and long-term scalability,' said Deepak Mowdhgalya, Partner, Deloitte India.
As India cements its leadership in the global services value chain, the Deloitte–Embark alliance positions itself as a key enabler of the country's next growth frontier — turning GCCs into true engines of innovation, resilience, and enterprise agility.'Our combined strengths will enable global companies to seamlessly enter and scale in the Indian market, using world-class infrastructure,' said Aravind Maiya, Co-founder & CEO of Embark. Embark offers a one-stop platform for GCC setup, and is part of Embassy Group's broader ecosystem, which spans over 54 million sq. ft. of commercial real estate, 45 million sq. ft. of residential projects, and extensive capabilities across managed workspaces, hospitality, and education infrastructure. With Embark, Embassy aims to deliver a frictionless landing zone for global firms looking to tap into India's skilled talent and innovation ecosystem.
