MNC tech hubs’ biz in India grows to $28bn

The market size in India for the MNC tech centre — also known as global capability centre (GCC) — touched $28.3 billion in 2018-19, compared to $19.5 billion in 2014-15, says a study by Nasscom and consulting firm Zinnov. GCCs now employ more than 1 million people — up from 7.5 lakh in 2014-15. They account for a quarter of the total workforce in the country’s tech sector.

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