HOME| Non-US Multinationals Set to Join GCC Gold Rush in India | Writer | Admin | |||
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| Large non-American multinational companies will drive the next phase of the growth of the global capability centres (GCC) in India, experts told ET. Companies headquartered in Japan, Australia, UK and Europe are eyeing India as the country gradually becomes a premier destination for offshore centres, they added. ANSR, a company that helps Fortune 500 enterprises build, scale, and run GCCs, said at least 125 of the Fortune 500 enterprises have their GCCs in India among multiple MNCs across the globe. Currently 70% of GCC based in India are US and Canadian companies. “And now an increasing number of European, Australian, and even Japanese MNCs are going to set up base here in the next phase of growth,” said Lalit Ahuja, founder and CEO of ANSR.
This, he reasons, is driven largely by the fact that global companies are reinventing themselves as technology companies and undertaking massive transformation programmes. “And the scale of technology talent that they need can only be addressed from India.”
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