Outbound & Inbound: Indian Gaming Attracts German Multinational Chemical Producer & YouTube, Indian & Denmark Pharma Tie Up & Indian AI-Native Wearable & ID Verification Enters US Market
Trade is still making the world go around, and India is a part of it.
As per a report from Deloitte, Japan has become the largest contributor to India’s GCC ecosystem in Asia Pacific. Over 100 Japanese firms now operate GCCs in India, accounting for ~5–6 percent of the overall ecosystem. In fact, Japanese GCCs are moving beyond being support functions into high-value areas such as product R&D, AI, engineering, cloud, fintech and digital manufacturing. Sector mix led by technology at 20 percent, followed by industrials at 15 percent and a tie between automotive and healthcare at 11 percent each. India’s GCC sector has the potential to generate US$470–600 billion in net economic impact by FY2030, contributing 2.2–2.8 percent to the GDP and creating 20–25 million jobs. Japan is expected to continue as a leading growth driver for GCCs in APAC.
“India and Japan are entering a new phase of...
Copyright of this story solely belongs to thetechpanda.com. To see the full text click HERE
