Our Bureau
New Delhi
In an era defined by rapid technological advancements and market expansion, UK multinational corporations (MNCs) are increasingly relying on Indian Global Capability Centers (GCCs) to maintain a competitive edge. These centers of excellence drive operational excellence and provide scalability, helping UK businesses navigate post-Brexit trade dynamics and evolving customer demands.
India’s cost-effective environment, with labor costs 60-70% lower than in the UK and other Western countries, makes it an attractive destination for UK companies. The Indian government further incentivizes foreign investment in GCCs through tax benefits, Special Economic Zones, and relaxed regulatory norms. Several states, including Karnataka, Madhya Pradesh, and Gujarat, have introduced dedicated GCC policies with fiscal incentives and infrastructure support.
The strategic advantage of Indian GCCs extends beyond cost savings. India’s large pool of STEM graduates, projected consumer market growth, and convenient time zone overlap with the UK ensure seamless operations and access to a vast talent pool. GCCs in India also offer UK enterprises a gateway to expand their market presence in India and adjacent regions as GCCs facilitate deeper insights into local market dynamics, enabling better service delivery.
As the UK faces economic instability and a declining skilled workforce, India’s steady economic growth and demographic advantage provide a significant opportunity for UK companies. Interestingly, 80% of UK employers in 2024 reported that they are finding it difficult to fill positions of trained labour. By leveraging Indian GCCs, UK MNCs can enhance competitiveness, drive innovation, and achieve sustainable growth in an increasingly complex global landscape.
