US tariff tantrums delay GCC expansion as companies await clarity

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The setting up of new global capability centres (GCCs) and expansion of existing ones are facing some short-term pauses and delayed decision-making – particularly in tariff-sensitive sectors like automotive – amid uncertainty over proposed US tariffs, experts tracking the space told ET.A large US-based technology firm with a GCC in Noida, which wanted to expand, has decided to wait till September before finalising plans, citing reports that the US economy has shrunk, said Alouk Kumar, CEO of Inductus, a consulting firm that advises GCCs.

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US tariff tantrums delay GCC expansion as companies await clarity


The setting up of new global capability centres (GCCs) and expansion of existing ones are facing some short-term pauses and delayed decision-making – particularly in tariff-sensitive sectors like automotive – amid uncertainty over proposed US tariffs, experts tracking the space told ET.A large US-based technology firm with a GCC in Noida, which wanted to expand, has decided to wait till September before finalising plans, citing reports that the US economy has shrunk, said Alouk Kumar, CEO of Inductus, a consulting firm that advises GCCs.

“Firms…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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