NEW DELHI: India is planning to tap into the growing global capability centre (GCC) market to make itself indispensable to the world’s knowledge economy, as finance minister Nirmala Sitharaman Thursday reiterated that the goal of building an ecosystem capable of supporting around 5,000 GCCs by 2030 is both “realistic and achievable.”“Around two-thirds of the Fortune Global 2000 companies have yet to establish a GCC in India. This is one of the largest untapped investment opportunities before us,” said Sitharaman, while addressing CII GCC Business summit.She noted that India now hosts more than 2,100 GCCs, employing 23 lakh professionals and generating almost $100 billion in annual revenues. “The real question now is whether India can become the country from which global enterprises create their most valuable capabilities, design their next generation of products, develop frontier technologies and shape enterprise strategy itself,” she said.Sitharaman said global enterprises no longer choose countries merely based on costs or incentives. Enterprises are now moving beyond minimising cost to maximising innovation, accelerating discovery and strengthening long-term competitiveness. “And that should define the ambition for the next decade. Not simply to host more GCCs, but to ensure that an increasing share of the world’s ideas, patents, products, algorithms, platforms and enterprise capabilities are conceived, engineered and led from India,” she said.She also expressed confidence the next wave of GCC growth will be “geographically far more diverse” and will not remain confined to a handful of metropolitan centres.