ChirayuGCCChirayuGCC
    Tier 2 Hub Β· Rajasthan

    GCC in Jaipur

    Jaipur is the BFSI back office and IT services capital of North India. Strong Hindi belt talent, Genpact, Infosys and Deutsche Bank anchor presence, 40% cost arbitrage versus Bangalore.

    Cost index
    60 vs Bangalore 100
    Attrition
    11 to 13%
    Pair with
    Gurugram or Bangalore

    Why Jaipur

    • 40% lower fully loaded cost versus Bangalore
    • Strongest Hindi belt talent pool in the country
    • Genpact, Deutsche Bank, Metacube, Infosys anchor employers
    • Rajasthan IT and ITeS Policy 2024 with capex and operational subsidies
    • 3 hour drive to Delhi and Gurugram for hub and spoke designs
    Talent pool

    350K plus tech and BPO professionals; Malaviya National Institute of Technology (MNIT), IIIT Kota, and Rajasthan University pipeline.

    Cost band

    Fully loaded cost per FTE for a mid-level engineer: USD 19,000 to 25,000. BFSI analyst: USD 21,000 to 27,000. Approximately 36 to 42% below Bangalore.

    Function fit

    Banking, Financial Services and Insurance (BFSI) back and middle office

    Deutsche Bank, Genpact anchors; CA and finance depth

    Business Process Outsourcing / Knowledge Process Outsourcing (BPO and KPO)

    Hindi and English fluency, Tier 1 wage arbitrage

    Insurance operations

    Strong actuarial and claims processing talent

    IT services and engineering Research and Development (R&D)

    MNIT pipeline, Nagarro and Girnar startup ecosystem

    Ecosystem and locations

    Mahindra World City Jaipur SEZ
    Sitapura Industrial Area
    Mansarovar IT corridor
    EPIP Sitapura

    Infrastructure

    • Jaipur International Airport
    • Jaipur Metro Pink Line
    • Delhi Mumbai Expressway
    • Dedicated Freight Corridor anchor

    Anchor employers

    Genpact
    Deutsche Bank
    Metacube
    Infosys
    Truecaller
    Girnar Software (CarDekho)
    Nagarro

    State and city incentives

    • Rajasthan IT and ITeS Policy 2024: capex subsidy up to 30%
    • Payroll subsidy INR 60,000 per employee per year for 7 years
    • Stamp duty waiver and electricity tariff concession
    • Special SEZ benefits at Mahindra World City Jaipur

    Frequently asked questions

    How does Jaipur compare with Gurugram for a Banking, Financial Services and Insurance (BFSI) Global Capability Centre (GCC)?

    Gurugram has more scale and senior leadership depth. Jaipur is 35% cheaper, has half the attrition (11 to 13% versus 22 to 26%) and is a 3 hour drive away. A common pattern is a Gurugram leadership pod with a 70 to 80% Jaipur delivery centre.

    Can Jaipur support a 1,000 plus Full Time Equivalent (FTE) GCC?

    Yes. Genpact employs 8,000 plus in Jaipur. The local supply supports 1,000 to 2,500 FTE captives across Banking, Financial Services and Insurance (BFSI) operations, Information Technology (IT) services and Business Process Outsourcing (BPO).

    Other Tier 2 GCC cities

    Plan your Jaipur GCC

    Send us your scope, headcount target and anchor hub. We come back with a Jaipur city plan, fully loaded cost build, and a 90 day go live blueprint. See also our Hub and Spoke blueprint.

    Talk to a senior partner about your India GCC

    Get a tailored India GCC blueprint in one business day. Or call / WhatsApp us right now, we respond within minutes during business hours.

    Need a deeper conversation? Use the comprehensive enquiry form.