Vijayawada, Sept. 9 -- In a major move to establish Andhra Pradesh as a hub for Global Capability Centres (GCCs), the state government has announced the formation of a 360-degree GCC Advisory Council.
The council will comprise CXOs of global corporations, industry bodies like NASSCOM, business councils, consulting leaders, real estate developers, and top academic institutions. The move is expected to accelerate GCC investments and position the state as a leader in the digital economy.
GCCs are strategic units of multinational corporations that handle R&D, IT, finance, procurement, and customer services. Unlike traditional outsourcing, they are wholly owned by their parent companies and are one of the fastest-growing engines of global busi...