Growth of India capability centres set to rise sharply: ANSR

Growth in companies setting up global capability centres (GCCs) in India is set to accelerate sharply as it evolves from a low-cost back office location to a high-value innovation hub, said Lalit Ahuja, founder and CEO of consulting group ANSR.

Indian hubs are now doing cutting-edge work ranging from developing dashboard design for luxury cars to helping pharmaceuticals giants with drug discovery, and have diversified into functions beyond tech support, Ahuja said this week.