How GCCs are redefining innovation

India’s economic rise in recent decades can be attributed in part to a powerful force: Global Capability Centres (GCCs). These innovation hubs have transformed from back-office operations into strategic engines, propelling India’s Gross Domestic Product (GDP) and shaping the future of work.

India’s vast pool of skilled professionals, estimated at over 5.4 million in the IT industry alone, initially made it a magnet for GCCs. But the story goes beyond cost-effectiveness. Today, GCCs are hotbeds for cutting-edge advancements in areas like Artificial Intelligence (AI), data science, and engineering. This focus on innovation positions India as a global leader in digital capabilities, attracting major corporations seeking a competitive edge.

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Sneha

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