In today’s interconnected world, businesses need to be able to operate seamlessly across multiple borders. That’s where a Global Capability Center (GCC) can come in. A GCC is a centralized hub that provides shared services, such as IT, finance, HR, and analytics, to a company’s global operations. Astravise’s GCC Advisory practice is empowering Indian GCCs to become global value organizations through digital transformation and innovation.
Global Captive Centers, now known as Global Capability Centers, have evolved from cost-effective support centers to value-adding business enablers. A survey indicates that 65% of companies confirm that their GCCs play pivotal roles in Research and development, shaping digital transformations and leading the way to product innovations.
GCCs have rapidly broadened their services to cover areas like Engineering Research & Development (ER&D), Marketing, Legal, Customer interaction, Data management and analytics, Supply chain management and Taxation.
Source: EY GCC Pulse Survey 2023
The rapid growth of GCCs in India is primarily due to its large talent pool, supportive government policies and developing infrastructure. Currently the number of employees in GCCs has increased by 75% from 2015 to 2020, contributing to overall revenue increase by 11% CAGR (source: Deloitte& NASCOMM GCC Value proposition for India)
Unraveling the GCC Blueprint
Setting up a GCC in foreign terrain is no small feat. The challenges and apprehensions are many. But with an able ally in Astravise, you don’t have to worry.
The key to establishing a Global Capability Center is to find a location with a favourable business climate, strong IT talent, and robust infrastructure. Astravise with its deep native presence can help you narrow down the location that best suits your business needs.
Effective talent strategies can amplify productivity by 30%. With a vast network and profound expertise in talent acquisition, we at Astravise help our clients acquire the right talent.
Business Impact Through Experience
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Sustainable World Development
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GCC Models We Offer
Turnkey Model
Turnkey model allows clients to achieve the benefits of offshoring and build a capability center quickly and efficiently.
Operations Service
The operations model enables clients to access the large talent pool in India without setting up a center in a short period.
Build Operate Transfer
This model allows clients to establish a center and helps them in insourcing or developing new capabilities.
Recruitment Services
Our recruitment services help clients attract top talent.