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As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth

As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth

The Union Finance Minister stressed that India must stay ahead of the GCC curve by building a facilitative ecosystem. The evolution of India’s Global Capability Centre (GCC) sector from cost efficiency to capability leadership reinforces that global enterprises are no longer choosing locations based on cost alone, Union Finance Minister Nirmala Sitharaman has said. Addressing the Second National GCC Business Summit organised by CII in New Delhi on Thursday, Sitharaman stated, “The question is no longer whether India can host global capability centres. We have answered that decisively. The real question now is whether India can become the country from...

India Needs a Comprehensive Approach to Data Sovereignty and Resilience: AS Kiran Kumar

India Needs a Comprehensive Approach to Data Sovereignty and Resilience: AS Kiran Kumar

The veteran scientist has emphasised that data sovereignty and resilience require a multidimensional approach to ensure lasting solutions. India must identify the multiple ways in which citizen data is being collected by external agencies as part of its efforts to strengthen data sovereignty and data resilience, space scientist and former Chairman of the Indian Space Research Organisation (ISRO), AS Kiran Kumar, has urged. “Many times, those who are transacting that data do not even know the implications of whatever that transacted data is,” Kumar said during his keynote address at a seminar in New Delhi on Friday. The seminar, ‘Data...

 

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