Bharat Industrial Development Scheme or Bharat Audyogik Vikas Yojna represents a significant evolution in India’s industrial infrastructure strategy. It’s a decisive step toward accelerating its industrial growth with the approval of ₹33,660 crore to develop 100 world-class industrial parks across the country. This is a substantial commitment—one of the larger single-focused industrial...
Global Capability Center (GCCs) in India explained. What is a Global Capability Center (GCC)? Global Capability Centers (GCCs) are fully owned hubs of global companies generally located in cost-effective global locations with an abundant supply of quality talent, and access to technology and infrastructure to bring efficiency in Global operations...
SEZ Scheme (Special Economic Zone Scheme) continues to be structurally relevant for Global Capability Centers (GCCs) even after the sunset of direct income tax holidays. The value proposition has shifted from direct tax arbitrage to indirect tax efficiency, customs optimisation, capital flexibility, and regulatory ease. Below is a structured explanation...
Budget 2026 aims to transform India into a global manufacturing hub by emphasising seven strategic sectors, ramping up infrastructure, and strengthening MSMEs. Of these, Biopharma, Electronics Component, Semiconductor and Chemicals parks are primarily aimed at Global Manufacturing to move to India.
Safe harbour reform has been in the news as a Budget announcement. Recommended read for GCCs. We plan to present a methodical, policy-oriented explanation of how Safe Harbour provisions and other significant Union Budget 2026 reforms help GCCs (Global Capability Centers) and foreign manufacturing and technology investments in India, with...
Modern SSCs established in India harness cutting-edge technologies, automation, and optimized processes to streamline workflows and ensure consistent service delivery across all organizational units. The effeciency and cost help induce growth for MNCs from within. Pune, Bangalore, Hyderabad, Chennai and Gurgaon being main locations, Tire II citites also attract MID...
India is leading destination for Captive Engineering and R&D Centes. Captive R&D and engineering centers in India are 100% subsidiaries (fully owned) of multinational companies (MNCs) that focus on research and development, product development, and engineering services. They allow full control over innovation, resulting in intellectual property (IP), and strategic...
Pune for Manufacturing GCC and Engineering Center hub. It’s a Technology Hub of choice for Manufacturing GCC and Engineering centers set up and growing fast. The City can leverage its technology, industrial and talent base, attracting innovation-driven MNCs in multiple sectors. Overview of Pune Pune is the eighth largest metropolis...
In present day time GCCs services offering has moved up the value chain such as product engineering and design, R&D and Market oriented services, which were traditionally formed the core activities of a business.
SEZ for India GCC SEZ Scheme has played a crucial role in the growth of GCC in India, offering tax incentives and other benefits. SEZ is a good option for any business wanting to set up a GCC in India. SEZ scheme explained SEZ (Special Economic Zone) is a geographical...