BDB India gives Best market research company in Pune
Global Capability centres – India Global Capability Centers (GCCs) are offshore units set up by multinational corporations (MNCs) to manage operations, technology, R&D, and digital transformation. Over the years, India has transitioned from a cost-arbitrage destination to a global hub for innovation, analytics, and high-value business functions. India now hosts over 1,700 GCCs, employing 1.7+ million professionals, with projections to reach 2.5 million by 2030 creating employment for more than 4.5 million people. The evolution of GCCs in India can be categorized into three phases: India’s dominance as a GCC hub is driven by several key factors: Skilled Workforce: A strong talent pool of over 5 million IT professionals, with 1.5+ million STEM graduates annually. Cost Efficiency & High-Value Delivery: Companies save 30-50% on operational costs while gaining access to top-tier expertise. S...