India’s Global Edge in Capability Centres Takes Focus as ICAI Launches GCC Summit 2025

The Institute of Chartered Accountants of India (ICAI) today inaugurated the much-anticipated GCC Summit 2025 in New Delhi, marking the beginning of a two-day event dedicated to empowering and shaping the future of Global Capability Centres (GCCs) in India.
The summit was inaugurated by the Chief Guest, CA. Mahaveer Singhvi, Joint Secretary, Ministry of External Affairs, Govt. of India in presence of ICAI torchbearers CA. Charanjot Singh Nanda, President, ICAI, CA. Prasanna Kumar D, Vice President, ICAI, along with CA. Sanjib Sanghi, Convenor, Group to Promote India as Accounting GCC, CA. Abhay Chhajed, Dy Convenor, Group to Promote India as Accounting GCC & CA. (Dr.) Sanjeev Kumar Singhal, Program Director, Group to Promote India as Accounting GCC.
During the inaugural address, CA. Mahaveer Singhvi, Joint Secretary, Ministry of External Affairs, Govt. of India, said “GCCs represent a transformative shift in India’s service economy, emerging as the country’s next major export, offering strategic capabilities in areas like risk management, digital tax advisory and ESG reporting. At the heart of this movement are Chartered Accountants, who are not just supporting global companies but increasingly shaping their strategies. With over 1,700 GCCs already operating in India, this sector is poised to cross USD 100 billion in value by 2030.”
On this occasion CA. Charanjot Singh Nanda, President, ICAI, remarked, “Chartered Accountants of India can be a catalyst to position India as a developed nation. Today, with over 80,000 professionals in Global Capability Centres (GCCs), our CAs are shaping global strategy, governance and entrepreneurship. Following this summit, we are empowering our international chapters to take this vision forward. Let us remember, what one can conceive, one can achieve. With discipline, perspective and pride, Indian CAs are not just participating in change, they are leading it.”
The GCC Summit organized under the theme ‘From Ledgers to Global Leadership’, aims to foster dialogue, innovation and actionable insights to drive the growth of India’s GCC sector a domain increasingly recognized as a strategic pillar of the global services economy.
CA. Prasanna Kumar D, Vice President, ICAI, stated, “We are empowering our professionals by nurturing a pool of globally competitive Chartered Accountants and preparing future-ready talent. By 2030, India is expected to establish 2,000 additional Global Capability Centres, creating employment opportunities for over 2.5 million professionals, including Chartered Accountants. With dynamic curriculum reforms and a focus on trust, technology, and talent, ICAI is committed to positioning India as the global destination of choice for capability-driven growth.”
Further, during a session on India’s Vision: Policy Drive to attract GCCs, Shri Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister stated “India is no longer playing a supporting role; it is ready to lead. With cutting-edge GCCs, bold policy reforms, and world-class talent, the country is poised to build globally admired firms rooted in India. This is the moment to create the Big Indian Firms for tomorrow having global impact. By breaking silos, embracing collaboration, and thinking big, India can unlock its full potential. The world isn’t just watching, it’s waiting for India to rise."
CA. Sanjib Sanghi, Convenor, Group to Promote India as Accounting GCC mentioned "Chartered Accountants are no longer a book-keepers—they are decision-makers, business strategists, and growth enablers. The GCC movement is about mindset, transformation, and collaboration. Let’s lead from the front and make India the global hub for accounting excellence.”
Day 1 of the summit featured a series of thought-provoking sessions and dialogues aimed at shaping the future of GCCs in India. Topics ranged from India’s policy roadmap and emerging hubs like IFSC & GIFT City to ESG integration and the evolving role of Chartered Accountants as global enablers where eminent speaker and leaders shared actionable insights. Parallel breakout sessions focused on AI tools, branding, talent acquisition, and the skills needed for GCC 4.0—highlighting the synergy between policy, innovation and talent in India’s GCC journey.
As the summit continues on 28th June, the second day will spotlight critical themes including technology adoption, future-ready skilling, regulatory excellence, and cross-border collaboration, paving the way for India’s sustained leadership in the GCC ecosystem.
With the successful launch of the first ICAI GCC Summit in New Delhi, ICAI has initiated a nationwide GCC Summit Series 2025, with upcoming editions planned in Ahmedabad (GIFT City), Mumbai, and Hyderabad. This landmark series aims to bring together global stakeholders, industry leaders, and finance professionals to explore the evolving role of Chartered Accountants in driving strategy, innovation, and digital leadership within the GCC ecosystem.