India has firmly established itself as the go-to-destination for Global Capability Centres (GCCs), attracting an increasing number of global companies seeking to leverage the country’s unparalleled advantages. 2023 started on a tumultuous note and that led to a dip in GCC growth during the first half of 2023. Yet we witnessed a resurgence in Q3CY2023.
The latest Q4CY2023 data revealed a slight slowdown in GCC growth compared to Q3CY2023, but despite that, there is a continued interest from global companies continues, which underscores the long-term confidence that business have in India.
The Q4 update on nasscom-Zinnov GCC trends assesses the developments during Q4 of 2023, with a focus of semiconductor industry. Through case studies of well-established and mature GCCs in the segment, this edition emphasizes on India’s much coveted mature ecosystem, and GCCs being indispensable parts of HQ.
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India has firmly established itself as the go-to-destination for Global Capability Centres (GCCs), attracting an increasing number of global companies seeking to leverage the country’s…
