Why Are Global Companies Expanding Their Global Capability Centres (GCCs) in India
Title - Why Are Global Companies Expanding Their Global Capability Centres (GCCs) in India In the rapidly shifting landscape of the global economy, multinational corporations are fundamentally rethinking their global operating models. At the heart of this strategic recalibration lies a definitive shift towards India. For decades, the narrative surrounding corporate expansion into South Asia was largely anchored in cost arbitrage-a relentless pursuit of operational efficiency through labor cost savings. Today, however, that narrative has been completely rewritten. We are witnessing the unprecedented rise of GCCs in India, transforming the country from the world’s back office into its most critical engine for innovation, research and development (R&D), and deep tech enablement. https://www.phdcci.in/blog/why-are-global-companies-expanding-their-global-capability-centres-gccs-in-india/