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Global Capability Centers

< 1 min read

Definition: Offshore units established by MNCs to manage critical business functions such as IT, R&D, analytics, and finance.

Key Pointers:

GCCs have shifted from cost-arbitrage models to innovation and product ownership roles.
They contribute to services exports but are not classified as SEZs by default.
Bengaluru, Hyderabad, and Pune are the top GCC clusters.