Not just foreign cos, Indian corporations also jumping on the GCC bandwagon

Indian corporations are increasingly setting up Global Capability Centers (GCCs) to streamline operations and reduce costs. This trend, once dominated by foreign companies, is now being embraced by Indian businesses as they expand globally. GCCs offer a range of services, from IT support to business process outsourcing, and help companies centralize their functions to achieve greater efficiency. This shift is seen as a strategic move to enhance competitiveness in an increasingly globalized market.