India’s Union Budget 2026–27 has sent an unmistakable signal to the global business community: the nation wants to be one of the world’s leading hubs for Global Capability Centres (GCCs). While the budget stopped short of unveiling a full-blown national GCC policy, it addressed one of the most critical barriers facing multinational enterprises — predictability and tax certainty. At a moment when enterprises are rethinking global operating models, especially in tech and digital services, the Budget’s focus on regulatory clarity, safe harbour expansion, and infrastructure incentives could be a game-changer.
