India, May 28 -- The Ministry of Electronics and Information Technology (MeitY) has reportedly formed a panel to build the national framework for global capacity centres (GCCs).

As per an ET report, citing people close to the matter, the newly-formed committee consists of the National Association of Software and Service Companies (NASSCOM), GCC consulting firms Zinnov Consulting and ANSR, accounting giant KPMG and the national investment promotion and facilitation agency Invest India.

GCC is an in-house subsidiary set up by a multinational company in a specific location to centralise and deliver its business functions and technology for global operations.

Notably, the Union Budget 2025-26 highlighted that a national framework will be f...