The Global Capability Centre (GCC) sector remains a cornerstone of Quess Corp’s growth strategy. It currently caters to over 10% of India’s 1,600 GCCs.
“This particular segment, which is high margin, would continue to grow about 20% year-on-year for us,” he noted.
He added that India is expected to host around 2,500 GCCs by 2030, up from 1,600 currently.
While acknowledging the persistent softness in hiring from traditional IT services companies, he pointed out that Quess Corp’s exposure to this segment is limited to about 15-16%. The demand for tech talent from non-tech companies and GCCs is more than compensating for this slowdown.
Shares of Quess Corp closed 0.94% lower at Rs 264.05 apiece on the NSE, while the benchmark Nifty50 ended at 24,500.9, down 0.85%.
