Global capability centre industry to boost job creation in India: Report

With India emerging as the hub of Global Capability Centres, a report on Saturday revealed that 78 per cent professionals expect the GCC sector to become a catalyst for creating jobs, particularly benefiting temporary workforce in the country.

A majority of 78 per cent foresee GCCs as catalysts for creating new job opportunities, particularly benefiting gig workers and the temporary workforce in India, said a report by HR Services and Workforce Solutions provider Genius Consultants.

This optimism about job creation reflects a positive outlook on GCCs' potential to diversify and expand employment avenues in the evolving job market, the survey stated.

The report on GCCs and their potential impact on the Indian industrial market is based on an analysis of inputs from 1,033 professionals.

Almost all the respondents agreed on the pivotal role that GCCs play in advancing the adoption of cutting-edge technologies such as Artificial Intelligence (AI), cloud computing, and Internet of Thing