In line with a current examine performed by ANSR tasks, India will see the institution of greater than 25 further retail/CPG GCC (shopper packaged items international functionality centres) within the subsequent 2-3 years, with Bengaluru persevering with to be the popular vacation spot, internet hosting over 42 per cent of those centres.
The examine titled GCC Quarterly Panorama Report (Q2, 2024) discovered that fifty per cent of the retail/CPG GCCs in India have been established within the final eight years. In line with ANSR, that is the testomony to the success of present centres, mature working fashions, and accelerated speed-to-value.
The examine additional discovered that GCCs proceed to rent aggressively, with a notable 50 per cent of them preferring to supply expertise from present GCCs in India. In the meantime, product corporations and repair suppliers represent round 30 per cent and 20 per cent of whole hiring.
In the meantime, the compensation pattern mirrored that GCCs supply 30-40 per cent greater salaries in comparison with IT/ITeS sectors. The typical attrition charge in GCCs is considerably decrease (9.1 per cent) than the business common.
Commenting on the findings, Vikram Ahuja, managing director of ANSR mentioned, “The Q2 2024 GCC report highlights a very powerful traits and behaviours driving the expansion of International Functionality Facilities. As GCCs more and more drive development and innovation, this report will allow organisations to strategically align with rising traits and disruptions within the sector.”
Curiously, in response to the examine, girls now make up for over 35 per cent of the workforce in Indian GCCs, with tech roles anticipated to see a rise from 25 per cent to 35 per cent by 2027. Additional, in response to the examine, GCCs accounted for over 35 per cnet of India’s workplace leasing in Q1 2024, with a robust desire for green-certified, Grade A workplace areas. Bengaluru and Hyderabad led by way of leasing quantity, with a mixed share of 86 per cent.