Global Capability Centres (GCCs) are specialised offshore business units set up by multinational companies in foreign jurisdictions to carry out services and functions integral to their global operations. Unlike traditional outsourcing, where external vendors provide services at arm’s length, GCCs operate as an extension of the parent company’s strategic and operational framework. They are deeply embedded into the company’s processes, enabling the development of internal capabilities rather than merely seeking external support.
The article was authored by Sidharrth Shankar and Prakriti Jaiswal, Partners, published in Lexology.
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Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.