Initially considered as offshore cost arbitrage centres for large corporations, Global Capability Centers (GCCs) have now been transformed into strategic partners to drive innovation and scale business in India. This transformation has been driven by technological advancements and the growing demand for digital skills. Global corporations increasingly entrust their Indian GCCs with end-to-end responsibility for critical functions, products and services. This shift is driven by high-level executive sponsors who ensure strategic coherence and cooperation between GCCs and their parent organisations. In the last few decades, India has established its credentials as the go-to destination for GCCs. India is home to more than 1600 GCCs, which is expected to reach 1,900 by 2025.
According to a recent report by NASSCOM, the Compound Annual Growth Rate (CAGR) for GCCs in India increased by 11.4% compared to 11% in the previous year. The report further highlights that 18 GCCs were established in the first 2 quarters of calendar year 2023. Additionally, around 20% of the top Forbes 2000 companies already have their GCCs in India. The figure is anticipated to increase to 55% by 2030.
Strategic Partners, Not Just Service Providers
Bu hikaye DQ Channels dergisinin september 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye DQ Channels dergisinin september 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
-Dash 10, a Wireless DualBass Party Speaker
Portronics has introduced the Dash 10, a wireless dual-bass party speaker designed to elevate karaoke nights and social gatherings.
Post-Quantum Security-Enabled PIC64HX Microprocessors
Microchip Technology has announced the PIC64HX family of microprocessors (MPUs).
DMS-1250 Series Smart Switches
D-Link announces the expansion of its multi-gigabit product line with the launch ofthe DMS-1250 series smart switches.
Advanced AV line Switches
NETGEAR’s advanced AV line switches and cutting-edge Wi-Fi 6 access points are specifically designed to meet the evolving demands of modern broadcasting and media operations.
Boosty Series Power Banks
Portronics has introduced its latest Boosty Series Power Banks, designed to combine power, portability and advanced technology for mobile users.
Advanced RGB Laser Projector M10
ViewSonic introduces the M10 portable RGB laser projector, an innovative addition to its M series product lineup.
AccurioPress C14000 Digital Printing Press
Konica Minolta has announced the launch of its latest breakthrough in high-speed digital printing viz., the AccurioPress C14000, at its exclusive conference, the Gratitude Gala.
16 Channel CCTV SMPS Power Supply
Consistent Systems introduces the Consistent 16 Channel CCTV SMPS Single Output Power Supply (Gold Series), an industry-defining power solution for security systems.
Pico 13 Rechargeable Portable Projector
Portronics, has introduced the Pico 13, a portable 4K Ultra HD (UHD) DLP projector that can be carried to office off-sites, vacations and family camping trips.
OmniBook Ultra Flip AI PCS
HP unveiled OmniBook Ultra Flip in India, its first 2-in-1 next-gen AI PC designed to empower young freelancers and creators with unmatched style, performance, and versatility.
