{"id":841637,"date":"2024-08-06T09:59:43","date_gmt":"2024-08-06T04:29:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841637"},"modified":"2024-08-06T09:59:43","modified_gmt":"2024-08-06T04:29:43","slug":"ltimindtree-and-hcl-tech-could-rally-15-27-in-1-year-positioned-for-strong-growth-amid-gcc-expansion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/06\/ltimindtree-and-hcl-tech-could-rally-15-27-in-1-year-positioned-for-strong-growth-amid-gcc-expansion\/","title":{"rendered":"LTIMindtree and HCL Tech could rally 15-27% in 1 year: Positioned for strong growth amid GCC expansion"},"content":{"rendered":"<p>The Indian GCC landscape is now at an inflection point and evolving into a transformation hub beyond traditional roles of cost arbitrage and delivery centres for parent organisations. Of the $ 200 billion of Indian IT services exports, GCCs account for c22% of revenues and c30% of the IT services workforce.<\/p>\n<p>It is no secret that Global Capability Centers (GCCs) have witnessed significant scale over the last decade in India. While revenue for GCCs was reported ~11% CAGR over FY15-FY23, top 5 IT services companies have clocked an 8% CAGR in revenue during the same period (albeit on a much higher base).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian GCC landscape is now at an inflection point and evolving into a transformation hub beyond traditional roles of cost arbitrage and delivery centres for parent organisations. Of the $ 200 billion of Indian IT services exports, GCCs account for c22% of revenues and c30% of the IT services workforce. It is no secret that Global Capability Centers (GCCs) have witnessed significant scale over the last decade in India. While revenue for GCCs was reported ~11% CAGR over FY15-FY23, top 5 IT services companies have clocked an 8% CAGR in revenue during the same period (albeit on a much [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-841637","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841637"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841637\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}