The declaration also called for wider access to AI resources alongside safeguards for safety and reliability, and committed "to implement the BRICS Leaders' Statement on the Global Governance of Artificial Intelligence".
The report highlighted that there were around 515 GCCs in Hyderabad as of March 2026, employing more than 3 lakh people. Hyderabad accounts for around 20 per cent of the total GCCs in India, transforming the city from a cyber city to the GCC hub.
Human capital is still treated as an expense rather than an asset, explains Choubey. Our balance sheets are relics of the industrial era, built for a world of tangible goods, not intangible capabilities. The result is a broken equilibrium where investment in people is the first to be cut, and the last to be measured.
Payoneer's India story is the most concrete evidence of that operating mindset in action. A workforce that numbered "probably dozens" a few years ago, built up through the acquisition of Skuad, now sits at just under 500 employees .
She said regulators, company boards and senior management should understand where AI is being used, what decisions it influences, what data it relies on and what could happen if the technology fails.
