𝐆𝐂𝐂: 𝐍𝐨𝐧-𝐔𝐒 𝐦𝐮𝐥𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐣𝐨𝐢𝐧 𝐆𝐂𝐂 𝐠𝐨𝐥𝐝 𝐫𝐮𝐬𝐡 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 🔥
🌐 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐃𝐞𝐬𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐆𝐂𝐂 𝐆𝐫𝐨𝐰𝐭𝐡: India is becoming a top choice for Global Capability Centres (GCC), driven by non-American multinational companies eyeing offshore centres.
🌍 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧: While 70% of GCCs in India belong to US and Canadian companies, there's a notable surge in European, Australian, and Japanese MNCs establishing bases in the country.
🚀 𝐓𝐞𝐜𝐡 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: Global companies, reinventing themselves as tech entities, find India's vast technology talent crucial for their massive transformation programs.
🌏 𝐀𝐬𝐢𝐚𝐧 𝐄𝐧𝐭𝐫𝐚𝐧𝐭𝐬: A shift is observed with Asian companies entering India's GCC market, foreseeing greater value for global expansion, as highlighted by a CBRE report.
💼 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: The GCC landscape in India has expanded to 1,580 centres, boasting a $46 billion market. Projections indicate growth to 1,900 centers with a $60 billion market by 2025.
📈 𝐐𝐮𝐚𝐥𝐢𝐭𝐲 𝐎𝐯𝐞𝐫 𝐂𝐨𝐬𝐭: India is no longer just about cost arbitrage; it has evolved into a scalable talent and capability hub, delivering quality value for client-facing teams.
🌐 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞: Notable companies like Bosch, SAP Labs, Samsung, Airbus, and others have established GCCs in India, showcasing the country's appeal as a global business solution centre.
🌱𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡: As of FY2023, the GCC landscape is poised for continued growth, with a workforce crossing 1.66 million and projections indicating further expansion.
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