India's Global Capability Centres (GCCs) — in-house technology and operations hubs set up by multinational corporations — have taken the lead as one of the fastest-growing segments of the country's technology sector, outpacing the traditional IT services sector on several metrics.
Behind the trend driving the rapid expansion of GCCs in India is the corporate need for control. Industry stakeholders say that the shift from outsourcing services to relying on in-house capabilities allows multinational companies to better manage intellectual property, proprietary technologies and sensitive data.
