Global capability centres (GCCs) have become a cornerstone of India’s modern business landscape. These entities, established by multinational corporations, manage a range of functions from IT services and back-office operations to advanced research and development. Over the past few decades, India has been transformed into the world’s leading destination for GCCs, owing to its skilled workforce, cost advantages and a business environment that is increasingly becoming supportive. This article examines the evolution, significance, challenges and prospects of GCCs in India, drawing on recent government initiatives and industry trends.
The article was authored by Gaurav G Arora, Partner, published in International Bar Association.
Click here to read the full article.
Gaurav’s practice covers mergers & acquisitions, private equity, corporate structuring and restructuring, and general corporate commercial matters (including data privacy and white-collar crime investigations).