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Digital Convergence Technologies to Invest ₹200 Crore in Madhya Pradesh GCC, Create Jobs & Boost Tech Growth

Digital Convergence Technologies to Invest ₹200 Crore in Madhya Pradesh GCC, Create Jobs & Boost Tech Growth

  • 18.03.2025 00:00
  • analyticsindiamag.com
  • Keywords: AI

Digital Convergence Technologies (DCT Inc) is investing ₹200 crore to establish a global capability centre in Madhya Pradesh, creating 40,500 jobs. The company aims to focus on advanced tech solutions like AI and data operations while partnering with local institutions to bridge skill gaps. DCT's GCC will also collaborate with global firms like IBM and Microsoft to drive tech growth in the state.

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Digital Convergence Technologies (DCT Inc)

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Invested ₹200 crore in Madhya Pradesh GCC, creating jobs and boosting tech growth.

Context

Analysis and Summary: Digital Convergence Technologies' Investment in Madhya Pradesh GCC

Key Facts and Figures

  • Investment: ₹200 crore announced by DCT Inc. for setting up a Global Capability Centre (GCC) in Madhya Pradesh.
  • Total Expansion Pledge: ₹700 crore committed during the Global Investors Summit (GIS) 2025 for GCC expansion.
  • Job Creation: Expected to create 40,500 new jobs in the state.

Strategic Focus Areas

  • High-Tech Solutions: DCT plans to focus on advanced tech services including:
    • Data operations
    • Product development
    • Artificial Intelligence (AI)
  • Beyond Core IT Services: Expansion into diverse organizational needs such as:
    • Human resources
    • Customer experience
    • Research and Development (R&D)
    • Creative services

Partnerships and Ecosystem Development

  • DCT is in discussions with local academic institutions to establish Centres of Excellence (CoEs) for skill development.
  • Collaborations aim to bridge the skill gap and prepare youth for emerging roles in the tech industry.

Talent Acquisition Strategy

  • Initial recruitment will focus on reuniting skilled professionals from Madhya Pradesh who are currently working elsewhere due to lack of opportunities at home.
  • Plans include partnerships with educational institutions and in-house training programs focused on AI, data science, and other new-age technologies.

Competitive Dynamics

  • DCT’s GCC is positioned as a one-stop solution for mid-sized companies seeking enterprise services without building their own capabilities.
  • The move strengthens Madhya Pradesh’s position as a key destination for tech growth and job creation in India’s tier-2 cities.

Industry Implications

  • Tech Ecosystem Growth: Partnerships with global tech giants (IBM, Barclays, Microsoft, VLSI, L&T EduTech) aim to drive investment, technological advancements, and skill development in the state.
  • Talent Attraction: The initiative is expected to attract skilled professionals back to Madhya Pradesh, reducing dependency on other states for talent.

Long-Term Effects

  • The GCC policy 2025 creates a conducive environment for tech companies to expand operations in Madhya Pradesh.
  • Focus on AI and data science positions the state as a hub for cutting-edge technological solutions.

This investment underscores DCT’s strategic focus on leveraging local talent, fostering partnerships, and driving innovation to establish itself as a leader in India’s growing tech ecosystem.