India hosts over 55% of global GCCs but faces heavy compliance burden

India hosts over 55% of global GCCs but faces heavy compliance burden

India leads the world in Global Capability Centres, but these innovation hubs face over 500 legal rules and 2,000 annual filings. This complex regulatory environment demands constant attention. Labour laws pose the biggest risk for non-compliance. States l…

New Delhi: India has emerged as the undisputed global hub for Global Capability Centres (GCCs), hosting over 55% of such facilities worldwide, yet these innovation engines must navigate a staggering … [+3474 chars]
India hosts over 55% of global GCCs but faces heavy compliance burden - FHMnews