GCC boom fuels US demand, US firms drive one-third of office demand in top Indian cities; Bengaluru leads office space race among top 7 cities – Times of India

US-based companies have emerged as the single-largest contributors to India’s office space demand in recent years, accounting for over one-third of gross leasing across the top seven cities between 2022…

India sees growth in mid-market GCCs – Times of India

BENGALURU: India is experiencing an uptick in mid-market global capability centres (GCCs). The country witnessed over 140 greenfield GCCs come up during the past 30 months, according to data from…

Insourcing: ‘Mid-mkt’ centres drive GCC boom – Times of India

HYDERABAD: India’s mid-market GCCs (global capability centres) are experiencing a surge, outshining their peers by unlocking new opportunities. This growth is creating a flywheel effect, allowing them to leverage a…

Global capability centres boost hiring from IT companies – The Times of India

Bengaluru: Global capability centres are increasingly recruiting talent from IT services companies, with approximately half their workforce now sourced directly from these firms. Data from HR consultancy Xpheno indicates that…

In a first, Indian services exports to outstrip goods – Times of India

Identifies 6 services for special thrust, targets $1tn exports. Marking a major shift in India’s trade, services exports are projected to overtake goods shipments in Nov, latest figures shared by…