Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
India likely to see at least 30 GCCs with billion-dollar revenue this year
Update / Judgement Date
21 May 2025
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Author
Team — WCP Legal Desk
Reading Time
1 min read
India Likely to See At Least 30 GCCs with Billion-Dollar Revenue This Year India is projected to host at least 30 Global Capability Centers (GCCs) that will generate billion-dollar revenues this year. GCCs are offshore units of multinational corporations that provide a range of services, including IT, R&D, and back-office operations. This forecast indicates India's growing importance as a global hub for business process outsourcing and advanced technology services, driven by skilled talent, cost efficiencies, and robust infrastructure, further contributing to economic growth and job creation.