Global Capability Centers (GCCs) have emerged as the trailblazers of the Indian business landscape, displaying extraordinary double-digit growth and transformation. They are no longer just about operational excellence—they’re becoming the nerve centers of innovation and value creation for global organizations. 🎥 Watch the video to hear insights from Hon'ble External Affairs Minister of India, Dr. S. Jaishankar, on GCCs in India. #GlobalCapabilityCenters #Innovation #DigitalTransformation #India #WatchNow
Insightful post. Thank you for sharing. In my view, this will be the 🟢 Fastest Growth Opportunity For Our India! ✅ Indian GCC [Global Capability Centers] market size is expected to grow by 144% to $110 Billion by 2030. ✅ Indian GCCs are employing over 1.9 million people and expected to house 20% of the global workforce in future. 🌟 But, why this game-changing trend of rising Indian GCCs? 🎯 GCCs are evolving from traditional 'Cost Centers' offering back-office services to R&D and market agility focused 'Strategic Partnering Innovation Hubs'. This radical change of focus of Indian GCCs (being set up by MNCs and Global Companies) from 'Cost Centers' to 'Strategic Partnering Innovation Hubs' is a game-changer for Indian IT's competitive landscape and this will redefine India's IT exports.
Great to hear this from the Minister and agree more businesses getting attracted to great talent in India.
Interesting
Interesting
Exciting times ahead for India's business landscape
Insightful
Good to know
GCC is future…Dr. Sanjeev Rastogi surely under ur leadership make Adani Group pie even larger
Very informative
Independent Director, Global Leader, Consultant GCC/GBS/BPO Capability Building, Operational Excellence & Transformation, Global Strategic Sourcing, P2P, Procurement & ESG CoEs / Shared Services, Low-Cost Sourcing
2moGlad that Govt recognises the opportunity to grow Global centres. Govt partnership partnership would become even more important as we move forward as great deal of effort is required to create model infrastructure in the identified cities to attract MNCs and leverage full potential in this space