Headquartered in Richfield, Minnesota, U.S. electronics retailer Best Buy is expanding its India-based workforce, primarily to bolster its digital and technology capabilities. The company currently employs close to 350 people at its Global Capability Center (GCC) in Bangalore, with plans to increase that number to approximately 500 in the coming...
India Emerges as Global GCC Powerhouse: Projects $105 Billion Market by 2030
India has solidified its position as the "GCC Capital of the World," hosting the largest base of global capability centres (GCCs) at 17% of the global total. According to a report by Nasscom and Zinnov, the GCC market in India is projected to reach $99-105 billion by 2030, up from...
R&D Services in India to Reach $38 Billion by 2020
A study by Zinnov, headquartered in Bangalore, India, pointed out that India’s Engineering R&D (ER&D) globalization and services market which currently stands at $22.3 billion is expected to reach $38 billion by 2020. Companies from the Consumer / eWeb 2.0 and the E-Commerce verticals have significantly increased their R&D spending, reports CXOtoday.com. Pari Natrajan, CEO of...
Mobile Commerce in India may go Hyperlocal
There is an impressive rise in everyday commerce conducted via mobile devices in India. A market report released last year by Zinnov projected that India’s market for mobile commerce will grow to $19 billion by 2019. India is alredy one of the top five regions for the Google Play store,...