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Domestic companies are grappling with selecting the right talent for AI training amid rapid technological changes and a lack of clear guidance, even as major IT firms invest heavily in upskilling their workforce to stay competitive ....
Global capability centres or GCCs started in India as back office operations. Today, they are at the cutting edge of technology, driving key initiatives of their parent companies. GCCs have been setting the standards in the quality of technology work being done out of India. This financial year, for the first time ever, they will also be hiring more than the IT services sector. ....
The demand is mainly led by improved business sentiments and a positive economic outlook, signalling confidence among foreign-origin companies seeking to establish their capability centres in the country. ....
India s demographic dividend and large talent pool are attracting global capability centres (GCCs) to the country, leading to an increased demand for leadership roles. India is projected to have 1,900 GCCs by 2025, with the market size expected to reach $110 billion. ....
GCCs are expanding in the country, with a focus on enhancing their capabilities to support the gen AI ambitions of companies. They establish AI centres of excellence, recruit AI specialists, and adopt agile development practices. Collaboration with academic institutions and startups facilitates knowledge exchange. GCCs have implemented AI solutions for task automation, personalized customer experiences, and predictive analytics. ....