GCCs to contribute 2% to India’s GDP, create 2.8 million jobs by 2030: Report

, By The Economic Times
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Global capability centres (GCCs) are set to contribute 2% of India’s GDP and generate 2.8 million jobs by 2030, and are emerging as a key growth and employment generator, according to a report by ACCA (the Association of Chartered Certified Accountants).

GCCs, also known as Global In-house Centres (GICs) or Captive Centres, are fully owned and integrated hubs established by multinational corporations in talent-rich locations to build value and intellectual property.

They leverage global talent pools and technological advancements to enhance…



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GCCs to contribute 2% to India’s GDP, create 2.8 million jobs by 2030: Report

, Published By The Economic Times
Tech



Global capability centres (GCCs) are set to contribute 2% of India’s GDP and generate 2.8 million jobs by 2030, and are emerging as a key growth and employment generator, according to a report by ACCA (the Association of Chartered Certified Accountants).

GCCs, also known as Global In-house Centres (GICs) or Captive Centres, are fully owned and integrated hubs established by multinational corporations in talent-rich locations to build value and intellectual property.

They leverage global talent pools and technological advancements to enhance…



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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Previous News
Tesla signs $4.3 billion LG Energy Solution battery deal reducing China reliance
Next News
Inflation Rate in Australia Falls to 2.1%: A Turning Point for the RBA?
The Economic Times

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