Recent reports reveal the positive influence of Global Capability Centres (GCCs); India emerging as a ‘hub of GCCs’

As per reports release on Saturday August 03, 2024 it has found out that 78 percent professionals expect the Global Capability Centre (GCC) sector will act as catalysts for creating jobs. particularly benefiting temporary workforce in the country keeping India emerging as a hub of Recent reports reveal

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This optimism regarding job creation showcases a positive point of view on the ability of the Global Capability Centre to enhance employment avenues in the evolving job market. This was noted by a survey carried out as part of the report. The report also claimed that nearly all the respondents were on the same page and seemed to agree on the pivotal role of the GCCs in advancing the adoption of latest technologies such as Artificial Intelligence (AI), cloud computing, and Internet of Things (IoT). Recent reports reveal

The report also laid down the fact that an overwhelming 94 per cent of respondents were on the same page when agreeing about the positivity of the GCCs and how they can enhance India’s overall economic output. But, there did exist a small fraction (3%) of people that held a contrasting view. This sentiment highlights how the role of GCCs is perceive in stimulating economic growth through increase investments, technology transfer, and job opportunities.

Genius Consultants CMD R P Yadav stated, “The findings of our report underscore the growing recognition of GCC as pivotal to enhancing organizational agility and competitiveness in a globalized economy. With a majority of respondents acknowledging the strategic benefits of GCCs, it is clear that these centres are poise to play a transformative role in shaping the future of India’s industrial landscape. Recent reports reveal