Mumbai, India vs Mexico City, Mexico
Where to set up your next Global Capability Centre. Cost, talent, English, attrition and time zone overlap, side by side.
| Dimension | 🇮🇳 Mumbai | 🇲🇽 Mexico City |
|---|---|---|
| Fully loaded cost per FTE per year | USD 32,000 to 55,000 | USD 35,000 to 60,000 |
| Talent pool | 850,000 BFSI and finance professionals | 320,000 technology and finance professionals |
| Business English proficiency | 99 percent business English | 60 percent business English |
| Annual attrition | 18 to 24 percent (BFSI) | 20 to 25 percent |
| Time zone overlap with USA | 9.5 to 12.5 hour overlap with US working hours | Full overlap with US Central and Eastern time |
| Time zone overlap with Europe | 3.5 to 5.5 hour overlap with European working hours | 6 hour overlap with Europe |
Pick Mumbai
Mumbai wins on talent depth, English proficiency and total cost of ownership across 90 percent of Global Capability Centre use cases. Choose Mumbai for any centre above 200 FTEs spanning technology, finance, analytics, operations or engineering.
Pick Mexico City
Pick Mexico City when nearshore US time zone overlap is non negotiable and Spanish language support is required.
Bottom line
For a 500 FTE Global Capability Centre over 5 years, Mumbai delivers USD 22 million lower total cost of ownership than Mexico City after factoring in attrition, hiring velocity, talent depth and quality.
Need help choosing between Mumbai and Mexico City?
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