The Indian IT services industry is grappling with a major challenge as clients increasingly build new AI projects in-house. This shift is reflected in the rising number of Global Capability Centers (GCCs) being established in India, enabling multinational companies to tap directly into the country’s vast software talent pool.
To tackle this, Indian IT has adopted a new strategy. They are now prepared to work with GCCs and help them establish their offices in India.
“We are working very closely with GCCs all around – working with clients when they set up their GCCs in India,” said Infosys’ chief executive officer, Salil Parekh, during the company’s recent earnings call, adding that the company is involved during the build-operate-transfer process.
He also mentioned that they help GCCs in India in scaling and recruitment. Though he didn’t name any specific GCC, he mentioned that in India they are working with a large number …