Technology centers of foreign multi-national corporations, or global capability centers (GCC) as they are commonly called, used to be focused on IT and BPO services in the late 1990s. But today, many such centers have evolved to become crucial to the core operations of their parent companies and are drivers...
American Companies Top in Leasing Commercial Space in India
In India, American companies occupy about 45 percent of the grade ‘A’ space, as they continue to expand operations leveraging the low cost and highly-skilled resource base in the country. Companies from India account for 35 percent of the office real estate absorption, while those from the European Union take...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
Dramatic Changes Predicted at Future of Asia Conference
According to the Los Angeles World Affairs Council's (LAWAC) Future of Asia Conference that took place on September 15 and 16, "Asia is a continent where the stakes are rising rapidly - both in economic promise and expansion of individuals' horizons, but also in environmental and security challenges." 57 speakers,...