Proposed labor laws spark concerns in Bangalore, India’s tech hub

Bangalore accounts for 39% of India’s market share of global capability centers, according to a recent government report. Global capability centers or GCCs act like an enterprise’s extended IT arm within a large enterprise, often employing thousands of techies within a single center, and in some cases taking key IT buying and deployment decisions for the global enterprise.

Some of the world’s largest firms including Walmart, Goldman Sachs, JP Morgan, Merck, and Siemens, have massive GCCs in the city, employing over 550,000 people. Bangalore’s vast IT workforce has made it possible for hundreds of such companies to scale their IT teams rapidly as per demand.

The city also has R&D centers of major companies such as Samsung and IBM, making it a critical location.