Growth of Global Capability Centers in Post-Pandemic Era: Innovation, Talent, Virtualization, Technology
As Global Capability Centers (GCCs) move ahead in the maturity curve by driving complex transformations and bringing in new age capabilities, it has become important for organizations to adapt to the rapidly changing business and market environment. Talent, technology, new ways of working and revamped operating models are some of the key elements that are driving this transformation in the industry today.
The Global Capability Centers (GCCs) sector can potentially scale up to $60-85 billion in the next five-six years, according to a recent report.
The report stated that India has become home to capability centers of over 1,300 global organizations, directly employing over 1.3 million people, generating about $33.8 billion in revenue as of FY20, and creating a strong ripple effect in the Indian economy. GCC sector contributes $99-103 billion of the total gross output, $5.4-5.6 billion in taxes, and provides employment for 5.2-5.5 million people.
With a whopping 75% rise in the no. of resources in the field, we have also seen the rise of approx. 11% CAGR from $19.4 billion out of which 20% of growth came in from the newer organizations in the sector.
At the 2nd Edition of The Economic Times GCC Conclave 2021, we will bring together cross industry leaders to discuss and deliberate on key trends, best practices, and the future of the industry. The discussions will be focused around the key pillars of transformation, innovation, virtualization and talent. Each of this focus area would help the parent organization achieve in driving future fit.
Why Partner with us?
Industry Leader Interactions and Networking
The meet will provide ample of opportunities with various panel discussions to directly connect with the top leaders from the GCC sector
Recognize the future demands of the sector
The sessions will discuss about the key challenges of the sector and this will help partners recognize them before anyone else in the market
Platform to demonstrate innovations to the BFSI Sector and Exhibit your solutions
With various virtual booth and interesting event layout options, you can engage with the 1000+ audience live and demonstrate your solutions
As a leading business media house with various channels like ET newspaper, ET NOW TV channel and our vast digital presence, we have a strong branding opportunity.
We create the perfect environment for our speakers and partners to network with various one on one meetings, industry focused round tables and tracks providing ways to initiate new business opportunities.