India’s Rise as a Global Capability Centre (GCC) Powerhouse: What It Means for Global Procurement Strategy
In the evolving landscape of global operations, India has emerged as the foremost destination for Global Capability Centres (GCCs) —surpassing traditional hubs in Eastern Europe. The shift is not simply about cost optimization anymore; it reflects a deeper transformation driven by talent quality, innovation capacity, digital maturity, and long-term scalability. As multinational companies reassess their operational footprints in light of macroeconomic volatility and digital disruption, India’s GCC ecosystem offers an unmatched value proposition. This tectonic shift carries major implications not just for tech and operations leaders, but also for procurement executives. Procurement consultants around the globe are now helping organizations integrate India’s GCC capabilities into broader sourcing, innovation, and resilience strategies. India’s GCC Evolution: From Back Office to Strategic Brain Traditionally viewed as cost-effective back-office hubs, India’s GCCs have evolved ...