Author: Manoj Sharma, Executive Director, Accounting and Business Support, ASA
This article covers India’s meteoric rise as the global epicenter for Global Capability Centers (GCCs), boasting over 1600 operational centers employing 1.3 million and counting. Evolving from mere cost-saving units to hubs of innovation and digital prowess, Indian GCCs redefine organizational capabilities and drive economic growth. Despite challenges like talent retention, India’s GCC landscape is poised for exponential growth, with Tier II cities emerging as key centers of excellence. With strategic planning and collaborative efforts, India is primed to lead the charge in this era of evolving business paradigms through its GCC revolution.Published on – ET EDGE
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