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GCCs to contribute 2% to India’s GDP, create 2.8 million jobs by 2030: Report

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Global capability centres (GCCs) are set to contribute 2% of India’s GDP and generate 2.8 million jobs by 2030, and are emerging as a key growth and employment generator, according to a report by ACCA (the Association of Chartered Certified Accountants).

GCCs, also known as Global In-house Centres (GICs) or Captive Centres, are fully owned and integrated hubs established by multinational corporations in talent-rich locations to build value and intellectual property.

They leverage global talent pools and technological advancements to enhance…

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