In Q4 FY26, India's Global Capability Centre (GCC) ecosystem saw a robust hiring growth of 12-14% quarter-on-quarter, a significant recovery from the previous quarter's 4-6% growth. This expansion is largely attributed to increased enterprise confidence and a shift towards replacement hiring, which now constitutes 40% of recruitment efforts. The report from Quess Corp highlights that nearly 60% of new roles are linked to AI, data, and platform skillsets, with the BFSI sector facing a critical 42% skill gap in these areas. As Gen Z employees average less than 24 months in tenure, organizations are adapting their retention strategies to address higher turnover rates. While Tier-1 cities like Bengaluru continue to lead in hiring, Tier-2 cities are emerging as important growth hubs, now accounting for 10-12% of total hiring. The report also notes that 25% of hiring was for contractual roles, indicating a trend towards flexible staffing models to meet the demand for specialized skills in AI and platform-led transformation initiatives.