GCCs drive surge in Indias reskilling market, attracting international interest
New Delhi [India],: India’s revitalization market witnesses accelerated growth due to the rapid expansion of global talent centers throughout the country.
As the demand for advanced digital and technical skills increases due to the emergence of GCCs, international players are increasingly focusing on more Indian professional markets, and high -level executives in reproduction and experts have become a central part of their strategies to manage Indian teams to global standards.
GCCs, also known as global in -house centers or captive centers, are established and integrated centers established by multinational companies to create value and intellectual property in talent rich places.
They benefit from global talent pools and technological developments in order to improve organizational skills and increase business transformation.
Observing the tendencies, Amit Goyal, General Manager, South Asia, Global Professional Professional Membership Association, the Project Management Institute, “In today’s dynamic business environment, organizations, well -structured ‘work’ and rise”, more learning model “, earlier” individual learning model “to approach.”
Goyal added that they acknowledge that companies’ investment in employee development is not only a retention strategy, but also a competitive advantage.
“Global talent centers play a very important role in this transformation. Many are actively sponsoring to ensure that the labor force is equipped with critical skills to increase innovation.”
Goyal said that most GCCs prefer to have globally accredited certificates, because they help them create criteria and compare their internal skills with the best global practices.
ASR General Manager Smitha Hemmigae emphasized that every GCC’s upskilling, L & D and well -defined career path is no longer “to have”, but a real differentiating to attract and achieve the best skills.
“Unlike traditional delivery roles, GCC careers are increasingly positioned as leadership tracks, where employees can see a way open to senior, global and cross -functional positions.
Executives, who indicate a great demand for the restructuring activities, emphasize that the new stage of the skill consisting of many reasons is one of the main factors that guide the demand for the re -emerged programs in Indian companies.
Developed by the Institute of Competitiveness, a report entitled “Skills for the Future: India’s Labor Landscape Conversion” showed that the data analysis based on PLFs was in 2023-24 in India’s labor force 88 percent in low competence professions, and only 10-12 percent was 10-12 percent.
Using PLFS data, five sectors have been defined in India, which constitute more than 66 percent of vocational training. These sectors are this and ites, textile and clothing, electronics, health and life sciences and beauty and healthy life.
The report added that industries should be accountable to recruit a skill -certified talent pool and to provide accountability to create market -compliant training and to offer them higher wages as well as to be encouraged.
Roedl, who is working closely with foreign companies, supported the tendency to the Tax Chairman of the Indian Tax President Gaurav Makhijani and added that many GCCs have established a partnership with universities and skill platforms to ensure that Indian teams are ready for the future.
“According to my experience, India’s view of only as a low-cost target is changing rapidly for GCCs. Although the cost advantage is still important, mostly established companies see India as a strategic talent center. From the beginning, long-term uppilling in Indian strategies add leadership development and innovation plans. Doldation Support, R&D & D-Lens operational support, R&D-Lens operational support, R&D-Lens operational support, R&D Operational, Makhan, Makhan.
According to the Sworn -up Certified Accountants Association, GCCs will contribute to 2 percent of India’s GDP and will produce 2.8 million business by 2030 and emerge as a key growth and employment generator.
With more than 1700 GCC, which is expected to rise to 2200 by 2030 in 2023-24, India has become an important place for MNCs to establish its centers.
In 2024 financially, GCCs produced approximately 64.6 billion dollars in export revenue: 23 financially in the year of 46 billion percent of US dollars increased by 40 percent.
The growth of GCCs in India stands out in the 1st level cities and the Bengaluru manages the package with 487 centers. Hyderabad closely follows 273 GCC, while the NCR region is home to 272 centers. Mumbai, Pune and Chennai also contribute significantly.
This article was created from an automatic news agency feeding without changing the text.
