Bengaluru
Major Indian technology city and the primary hub for Global Capability Centres; NASSCOM's FY2026 data shows accelerating US multinational investment.
Bengaluru, India's leading technology hub, was named on 27 May 2026 as a primary base absorbing part of a net 140,000 IT job additions nationwide, as JPMorgan, Goldman Sachs and Apple expanded in-house Global Capability Centres there.
Last refreshed: 27 July 2026 · Appears in 1 active topic
Is Bengaluru absorbing the jobs Western AI layoffs are displacing?
Timeline for Bengaluru
Mentioned in: SAP freezes research hiring for a year
AI: Jobs, Power & MoneyMentioned in: India IT grows 140,000 as US firms cut
AI: Jobs, Power & MoneyMentioned in: India's GCCs absorb the offshored work
AI: Jobs, Power & MoneyBackground
Bengaluru is the capital of the southern Indian state of Karnataka and the country's leading technology hub, long known as India's Silicon Valley for its concentration of software, electronics and biotechnology firms. It is home to homegrown IT majors Infosys and Wipro as well as the country's densest cluster of multinational Global Capability Centres.
Beyond IT, the city retains a substantial public-sector industrial base in aerospace and defence electronics, and a climate and lower cost base than India's coastal metros that has long attracted both domestic migration and foreign corporate investment.
In 2026 that draw sharpened: as JPMorgan, Goldman Sachs, Apple, Walmart and Shell expanded in-house GCCs in the city, Bengaluru became central to how AI-driven job losses announced in the US and Europe convert into offshore hiring gains rather than a net reduction in global technology employment.
It absorbs offshored Western tech jobs
Bengaluru anchors India's Global Capability Centre boom, the in-house offshore units through which multinationals run engineering, finance and support work directly rather than through outsourcers. NASSCOM's FY2026 data, covered from 15 May, recorded national IT sector growth of roughly 140,000 net jobs to 5.9 million, with GCCs run by JPMorgan, Goldman Sachs, Apple, Walmart and Shell expanding in the city even as those same firms confirmed AI-driven cuts at home.
For Bengaluru specifically, the growth is concentrated in experienced, specialist hiring rather than graduate entry: India's top five outsourcers cut nearly 7,000 jobs over the same period and entry-level hiring fell 20-25% nationally, meaning the city's expansion is reshaping who gets hired locally, not simply adding headcount.
What is a Global Capability Centre?
Why are US companies expanding in Bengaluru while cutting jobs at home?
Why did entry-level IT hiring fall in Bengaluru despite sector growth?
What US companies run Global Capability Centres in Bengaluru?
