GLOBAL CAPABILITY CENTRES

India's office leasing market is dominated by Global Capability Centres (GCCs), with 37% of total leasing activity in January to June 2024. The country's robust workforce, competitive costs, and established ecosystem make it a key market for GCCs. W...

India's $250 billion IT services industry is facing sluggish hiring, but a bright spot is emerging in Engineering, Research & Development (ER&D). Demand for ER&D services is surging, driving a 15% increase in recruitment for these roles. Staffing fi...

India's Global Capability Centres are poised for substantial growth, with a projected 2% GDP contribution by 2030. These hubs are evolving into innovation powerhouses, driving cutting-edge projects for global companies across diverse sectors, showca...

The growth of global capability centers (GCCs) in India is fueling various sectors and contributing significantly to the economy. With projections indicating substantial growth in the coming years, GCCs are becoming strategic assets for companies an...

Happy Thursday! The explosive growth in India's global capability centres (GCC) has benefited the real estate, staffing, and infra sectors. This and more in today’s ETtech Morning Dispatch.

Global property consultant Cushman & Wakefield on Wednesday announced the launch of an integrated advisory platform to help multi-national companies set up Global Capability Centres (GCCs) in India, Philippines and some other countries. At present, ...

​​A new report by IT industry apex body Nasscom and Zinnov found that in the fourth quarter of calendar year 2023, India saw 10 new GCCs established, marking the entry of key MNCs like Edge Cortix, M31 technology Corporation, Signature IP into the I...

Sattva Group has built a new office tower at Sattva Horizon business park near the international airport. The 11-storey building will be able to accommodate more than 7,000 employees, and Amazon will be the sole occupant.

The share of global capability centres (GCCs) in India’s GDP is expected to double to 2% by 2030, according to a note shared by ICICI Securities. These offshore units of multinational companies collectively generate about $46 billion in revenue, whi...

India's foreign exchange reserves reached a record $651.5 billion, showing resilience amid uncertain geopolitics. RBI Governor Shaktikanta Das is confident in meeting external financing needs. Services exports, driven by software, business services,...

With India emerging as a hub for global capability centres (GCCs), IT services companies are cashing in, setting up projects, looking for partnership opportunities, and even acquiring such centres.

The number of female professionals opting for freelance roles surged, with a 300% increase in female consultants in India in FY24 over FY22, as per data from Flexing It shared exclusively with ET. In FY24, global organizations increasingly looked to...

​In Modi 1, he, for instance tried to take on land acquisition. He retreated. Again, in Modi 2, one of the things that he retreated on perhaps was whether we have a national register of citizens, which the Muslim community is extremely afraid of, th...

India's multinational hubs are increasingly turning to hiring contingent workers to meet immediate talent needs while remaining cautious about permanent recruitment due to a bearish global outlook. There has been a significant rise in demand for gig...

India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multination...

Global capability centres (GCCs) increased their space usage by 17% in FY 2023-24, reaching 22.5 million sq ft, driven by engineering, BFSI, and technology sectors, according to CBRE. GCCs are a key driver in India's office sector, projected to leas...

WhatsApp showcases tales of ancient glory, while global reports highlight India's rankings in hunger, press freedom, and sustainable development. India ranks 40th on the GII 2023, above all BRICS nations except China.

Data from Quess Corp indicates that the presence of women in global capability centres (GCCs) has slightly increased to 30% in FY24 from 26.6% in FY20. However, there remains a significant gap in women's representation in mid and senior-level roles,...

Southern India, particularly Bengaluru, Hyderabad, and Chennai, is set to lead the recovery in India's office property market, with these cities accounting for 60% of the total space requirement by 2025. The tech sector and global capability centers...