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Global Capability Center in India

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Your trusted partner for a seamless GCC setup journey in India.

India’s rise as a global hub for Global Capability Centers (GCCs) is undeniable. India’s strong international relations, coupled with a vast talent pool, cost-efficiency, and English proficiency, have positioned the nation as a prime destination for global businesses.The establishment of these centers has fueled economic growth, creating jobs, fostering technological advancement, and enhancing skill development.

As India’s GCC ecosystem continues to thrive, it promises a future of sustained business innovation and economic prosperity. Cred Books is your trusted partner in navigating this landscape, providing end-to-end support to seamlessly set up your Global Capability center in India.

What are Global Capability Centres?

Global Capability Centres (GCCs), also known as Global In-house Centers (GICs), are offshore strategic hubs established by companies worldwide to centralize and streamline specific business functions or operations. Initially, these centres primarily handled back-office operations and IT support services. However, their role has evolved significantly.

Today, Global Capability Center in India have transformed into Centers of Excellence (CoEs), spearheading innovation and driving strategic initiatives across diverse domains like IT, BPM, R&D, finance, HR, and BFSI. This shift underscores India’s growing importance as a strategic partner for global businesses seeking to enhance their capabilities and achieve sustainable growth.

Why Global Organizations Set Up Global Capability Centre in India?

Talent Pool

Talent Pool

India boasts a vast pool of skilled professionals capable of handling complex tasks, making it an attractive location for companies seeking high-quality talent.

Innovation Culture

Innovation Culture

A thriving culture of innovation has positioned India as a leader in various domains, fostering an environment conducive to cutting-edge research and development.

Quality Focus

India’s GCCs are known for their commitment to delivering high-quality work, ensuring that global organizations can rely on them for superior outcomes.

Leadership Vision

Visionary leadership has played a pivotal role in guiding India’s growth in international capabilities, fostering a business-friendly environment that attracts global investment.

Academic Strength and STEM Focus

Academic Strength and STEM Focus

India’s strong academic foundation, particularly its focus on STEM education, produces a steady stream of skilled graduates who are equipped to meet the evolving needs of the global business landscape.

Government Support

The Indian government’s proactive approach to fostering a conducive business environment, coupled with favorable policies, has instilled confidence in global companies, further solidifying India’s position as a GCC powerhouse.

Our Comprehensive GCC Setup Support in India

  • City Finalization

    Helping you select the optimal city based on your business needs and industry requirements.

  • Real Estate Selection

    Identifying suitable office spaces that align with your operational needs and budget.

  • Local Registration

    Facilitating smooth and compliant local registration processes.

  • Company Formation

    Guiding you through the legal procedures for company formation in India.

  • GST Registration

    Assisting in obtaining Goods and Services Tax (GST) registration for your GCC.

  • Company Secretary Services

    Providing expert company secretarial services to ensure compliance with corporate governance norms.

  • Payroll and Compliance

    Managing payroll processing and ensuring adherence to PF, ESIC, and labor laws.

  • Transfer Pricing

    Advising on transfer pricing regulations and strategies to optimize tax efficiency.

  • GST Returns

    Preparing and filing accurate and timely GST returns.

  • TDS Returns

    Managing Tax Deducted at Source (TDS) returns and compliance.

  • Income Tax Returns

    Preparing and filing comprehensive income tax returns.

  • Statutory Audit

    Conducting statutory audits as per Indian regulations.

Software Expertise

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Conducting statutory audits as per Indian regulations.

1. Access to a large talent pool

India’s diverse talent pool, boasting expertise in various domains, offers a rich resource for GCCs. This ensures access to skilled professionals across multiple disciplines, driving innovation and growth.

2. Cost-effectiveness

Setting up GCCs in India leads to significant cost savings due to lower operational costs, streamlined processes, and access to affordable infrastructure.

3. Driving innovation

GCCs in India foster an environment of innovation, encouraging the development and application of cutting-edge technologies. This empowers companies to stay ahead of the curve and maintain a competitive advantage.

4. Operational excellence

By implementing best practices and focusing on continuous improvement, GCCs in India contribute to enhanced operational efficiency and quality. This results in optimized processes and superior outcomes.

5. Supporting strategic initiatives

GCCs play a crucial role in supporting strategic initiatives, such as digital transformation and market expansion, enabling organizations to achieve their long-term goals.

6. Global collaboration and integration

GCCs act as bridges, facilitating seamless collaboration and knowledge sharing across global teams. This fosters a culture of interconnectedness, leading to greater efficiency and innovation.

Industries that establish GCCs in India

Software

India's prowess in software development and its vast pool of skilled engineers make it a natural choice for software-focused GCCs. These centers drive innovation and support global software development initiatives.

Artificial Intelligence (AI)

Artificial Intelligence (AI)

India's focus on AI research and development, coupled with a talented workforce, has attracted AI-centric GCCs. These centers leverage India's expertise to develop cutting-edge AI solutions for global markets.

Cloud Computing

India's robust IT infrastructure and favorable government policies have fostered the growth of cloud computing GCCs. These centers cater to the global demand for scalable and flexible cloud services.

Data Analytics

India's strong analytical skills and expertise in data science have made it a prime location for data analytics GCCs. These centers unlock valuable insights from vast datasets, enabling data-driven decision-making.

Semiconductors

India's growing semiconductor industry has also witnessed the establishment of GCCs, contributing to the country's growing presence in this critical sector.

Cybersecurity

With the increasing importance of cybersecurity, India's focus on cybersecurity education and its expanding cybersecurity industry has led to the establishment of robust cybersecurity GCCs. These centers provide essential capabilities to safeguard global businesses against cyber threats.

Advantages of Establishing Your GCC in India with Cred Books

  • Seamless Transition

    Our comprehensive support guides you through every step, from strategic planning to legal incorporation, ensuring a smooth and hassle-free GCC setup in India.

  • Saves Time and Resources

    Streamlined processes and expert guidance significantly reduce the time and effort required for legal registration and operational setup, allowing you to focus on your core business functions and accelerate your time to market.

  • Long-term Partnership

    We are committed to your long-term success in India. Our ongoing support and guidance ensure that your GCC continues to thrive and adapt to the evolving business environment.

  • Minimized Risks

    Our in-depth knowledge of Indian regulations ensures strict compliance, mitigating risks associated with unfamiliar legal systems and providing you with peace of mind.

  • Focus on Business

    By entrusting the legal and operational complexities to us, you can dedicate your valuable time and resources to your core business activities, driving growth and innovation.

  • Local Expertise

    Our deep understanding of the Indian market and regulatory landscape ensures that your GCC is strategically positioned for success, leveraging local insights and opportunities.

Setting Up a GCC in India?

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