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From being an IT service stop to becoming a global hub for technological innovation, India has witnessed many milestones in its journey so far. What began as a cost arbitrage for technology companies in the late 1990s, has now become a key source of high-quality talent and cutting-edge innovation. The Indian government's Startup India and 'Make AI in India' initiatives are unlocking the adoption of emerging technologies in the country.
Global corporations have set up over 1,500 GCCs in India. As India's technology sector grows, its share of transformational and expertise-based services will spearhead the Indian IT sector towards greater growth. These centres are no longer mere back-office operations; they have evolved into strategic hubs driving innovation, research, and digital transformation for their parent organizations worldwide.
In 2021, New Relic launched its New Relic for Startups program, designed to give early-stage companies access to enterprise-grade observability tools at no cost. Since then, hundreds of early-stage startups across industries including fintech, healthtech, e-commerce, and SaaS have leveraged the program to gain deep visibility into their application performance, optimize infrastructure, and accelerate their growth journeys. The program underscores a broader industry commitment to nurturing the next generation of technology innovators in India and beyond.