India Redefining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Global Capability Centres are less well known than other innovations, but they are equally important, extending the reach of international banks worldwide. Technology has enabled these facilities to evolve from service centres to megacentres, providing immeasurable value. What are the main themes, gaps and priorities facing GCCs today?

More MNCs are reducing their dependence on Indian IT services companies by building their in-house tech centres

The captive units of multinationals are no longer just back-offices but independent entities that are spearheading innovation and taking on global leadership roles. GCCs may even trump traditional companies in hiring this year.