Site icon News Update

Why companies from US, UK, Chile, Japan, et al. want India as the captive hub to take them digital

Concept by Shelley Singh and Muhabit ul haq

Synopsis

More captive centres are being set up in India this year than ever before, as global companies flock to access its skill base and cost advantage to digitise operations. Unlike intermittent waves of GCC development in the past, the current trend will only escalate because even smaller companies and global R&D centres are looking to India to fast-track digital transformation.

What’s common to Rakuten, Falabella, Lululemon, and Delta Airlines? These disparate businesses from various parts of the globe have zeroed in on one destination to lead their digital transformation — India. The country is witnessing an unprecedented post-pandemic surge in setting up new global capability centres (GCC), more commonly called captive centres, to serve their in-house tech-services needs. These four are among more than 100 companies

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

September Special Offer

Get Flat 20% Off

ON ET PRIME MEMBERSHIP

Get Offer

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@newsupdate.uk. The content will be deleted within 24 hours.
Exit mobile version