Companies setting up Global Capability Centers (GCCs) have picked Tier-1 cities in India like Bengaluru, Hyderabad, Pune, Chennai, Gurugram, and Noida. These cities provide big talent pools good infrastructure, and strong innovation networks.
Companies setting up Global Capability Centers (GCCs) have picked Tier-1 cities in India like Bengaluru, Hyderabad, Pune, Chennai, Gurugram, and Noida. These cities provide big talent pools good infrastructure, and strong innovation networks.
Analyzing Tier-2 involves risks because of opportunities and possible rewards. Companies must determine their own capabilities prior to expanding into Tier-2 markets. It is also important to determine infrastructure availability, policy environment, and the ability to adapt. A clear aim to create a strategy and use data to make decisions must guide this process.
Why GCCs Are Paying More Attention to Tier-2 Cities
1. Tier-2 cities come with huge cost savings:
● Rental costs: Monthly office space rents are at ₹40–65 per square foot in Tier-2 cities versus ₹90–150 in Tier-1 cities
● Salary scales: Mid-tech talent earns ₹2–4 lakh less annually in Tier-2 cities.
2. Access to Untapped Talent
1.5 million engineers graduate from India annually. Tier-2 locations give GCCs a chance to reach skilled talent pools that are less likely to leave their jobs and are tied to their regions thus leading to manpower retention.
3. Low Attrition rate
People in Tier-2 cities leave jobs less often. In these areas, attrition rates stand at around 9-12%, compared to the 15-20% seen in Tier-1 cities.
4. State-Led Incentives
Different states encourage IT growth by offering policies and help to boost infrastructure. Examples include:
●Tamil Nadu's 2024 Industrial Policy in cities such as Coimbatore and Trichy
●Rajasthan's investment schemes in Jaipur
●Kerala's efforts to create IT parks in Kochi.
ESG Alignment & Lifestyle Appeal
Fewer crowded spaces cleaner environments, and shorter distances to workplaces enhance both employee health systems and initiatives to aid corporate sustainability.
As a research report and data company specializing in market analysis, MarketGenics provides GCC stakeholders with evidence-driven insights to manage Tier-2 opportunities and risks:
MarketGenics Insight: “Tier-2 expansion isn’t an experiment—it’s a strategic investment that needs data-led calibration.”
Coimbatore is building momentum as a GCC hub for IT services, BFSI operations, and engineering design. With a consistent supply of engineering graduates and competitive leasing of ₹45–55/sq.ft, it has a low-to-medium risk profile, which is strongly appealing for back-office and process-driven GCCs.
Jaipur has emerged as a contender in digital services and fintech, supported by a young, bilingual workforce. Rentals average ₹50–60/sq.ft, and infrastructure improvements are ongoing, placing it in the medium-risk category until policy execution consistency improves.
Kochi offers sector-specific advantages in marine technology, healthcare analytics, and IT. With rentals between ₹40–50/sq.ft and a pool of niche domain experts, including returning expat talent, it presents a medium-risk, high-specialization profile.
Bhubaneswar is positioning itself as a pilot location for AI research and IT services. While it benefits from strong STEM education output and affordable rentals of ₹40–55/sq.ft, its smaller innovation network makes it a medium-high risk for rapid scaling.
Indore is carving a niche in FMCG analytics and supply chain technology. Its rentals of ₹45–60/sq.ft and growing analytics workforce place it in the medium-risk bracket, contingent on ongoing investment in connectivity and Grade-A spaces
Nagpur is leveraging its central location for logistics technology and IoT development. Competitive rentals of ₹40–50/sq.ft and emerging IoT engineering talent give it medium potential, though large-scale capability building will depend on sustained industrial investment.
Tier-2 cities offer GCCs a compelling mix of cost savings, talent loyalty, and ESG benefits, but also pose risks in specialized talent depth, infrastructure maturity, and ecosystem strength.
MarketGenics bridges this decision gap by delivering:
“The winners in the Tier-2 GCC race will be those who turn data into foresight, and that’s where MarketGenics leads.”