As global multi-national companies strive for resilience and growth, while navigating a complex global environment, many have turned to establishing Global Capability Centers (GCC) as an anchor strategy to meet their global ambitions.
GCCs are strategic hubs that enable Global MNCs to leverage innovation, global talent and cost-efficiencies for their business growth. By establishing GCC in different locations, Global MNCs can access diverse skill sets, drive transformative solutions and optimize operational efficiency.
Some of the benefits of establishing a GCC include:
Services
Global Capability Center Advisory Services
Offering customized GCC advisory, letting you access specialized teams wherever you are and wherever you need to be.
INTRODUCTION
STIMULATING INNOVATION
GCCs foster innovation, driving transformative solutions and enhancing competitiveness
ACCESSING GLOBAL TALENT
GCCs harness a unique blend of global talent, drawing from diverse skill sets and expertise.
DRIVING COST-EFFICIENCIES
By operating in low-cost, talent-rich locations, GCCs optimize operational efficiency.
Global Capability Centers: Key Hotspots and India’s Rise as the GCC Capital
Discover top destinations for Global Capability Centers (GCCs), reduce costs, and access the world’s leading tech talent with our Total Cost of Ownership (TCO) Analysis report.
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HOW WE CAN HELP
BESPOKE GCC ADVISORY FOR GLOBAL OCCUPIERS
We offer customized GCC advisory, which lets us access specialized teams wherever you are and wherever you need to be. We help global corporations to create or reinvent their Shared Services, R&D and COE capability, in markets that have low-cost and high-talent. Recognising that American MNCs have maintained a lead in this space with ~70% market share, and India being the favoured GCC destination, our solid platform of cross-functional experts are based in America & India to ensure we’re on the ground where you need us most. From feasibility assessments to implementation roadmaps, we simplify decision-making and accelerate your journey.
5 FAST FACTS
GCCs are captive off-shore hubs leading COE, R&D & Innovation functions. 40% of GCCs setup in the last 2 years are Global R&D Centers.
1/3rd of GCCs setup in 2023 were in the engineering & manufacturing sectors.
75% of GCCs setup in the last 2 years are within the ‘small-mid market’ segment.
15 million sft was leased by US MNCs to setup GCCs in India in 2022/23, with 50 million sft of GCC demand expected in 2024/25.
75% of GCCs are in India, driving innovation, Global R&D & COE functions for Global MNCs.
WHY US
RESIDENT PARTNERS WHEREVER YOU ARE
EXPERTS IN YOUR TIME ZONE!
We’ve combined US-based strategic advisors, with operation and delivery experts in India, supported by a client solutions hub - resulting in seamless advisory & delivery excellence across continents and time zones.
We’ve combined US-based strategic advisors, with operation and delivery experts in India, supported by a client solutions hub - resulting in seamless advisory & delivery excellence across continents and time zones.
INTEGRATED SERVICE DELIVERY
A DEDICATED TEAM OFFERING ALL REAL ESTATES SERVICES.
Global in-depth advisory & execution capability across all aspects of real estate decision-making incl. leasing, facilities management, project and development services and more.
Global in-depth advisory & execution capability across all aspects of real estate decision-making incl. leasing, facilities management, project and development services and more.
ASSISTED
DIY MODEL
A NEEDS-BASED SOLUTION, THAT DOESN'T HOLD YOU CAPTIVE.
We’re providing an alternative solution for the BOT model. Through a strong ecosystem of partners, we offer an assisted DIY model, empowering you to craft your strategy for innovation-cost-carbon-culture. From talent management to legal expertise, banking and payroll solutions, and more - we put the power back in your hands.
We’re providing an alternative solution for the BOT model. Through a strong ecosystem of partners, we offer an assisted DIY model, empowering you to craft your strategy for innovation-cost-carbon-culture. From talent management to legal expertise, banking and payroll solutions, and more - we put the power back in your hands.
FAQS
Tenant representation refers to specialized real estate services where an agent or broker represents the interests of the tenant in commercial real estate transactions. Cushman & Wakefield's team of experts leverages market knowledge, negotiation skills, and industry relationships to ensure that tenants secure the best possible terms on their leases. By understanding a client's specific needs, we provide tailored advice and strategies to navigate the complexities of leasing commercial spaces.
Cushman & Wakefield stands out due to its global reach, extensive network, and deep understanding of local markets. Our professionals are not just brokers; they're advisors who take the time to understand your business objectives and align your real estate requirements accordingly. With a robust portfolio of successful negotiations and a commitment to excellence, we ensure our clients receive unparalleled service and outcomes that exceed their expectations.
We offer end-to-end GCC advisory services, from feasibility assessment and business case development, to implementation roadmap and execution support. We can help you with site selection, legal and regulatory compliance, talent acquisition and retention, governance and best practices, and stakeholder management. We can also assist you with optimizing your existing GCC operations and expanding your scope and scale.
With access to comprehensive market data and listings, our tenant representation team can identify a range of options that fit your specific criteria, including location, size, amenities, and budget. Their market insight and forecasting capabilities enable them to spot trends and opportunities, ensuring that you make an informed decision. Moreover, they negotiate aggressively on your behalf to secure the most favorable lease terms, including rent, build-out allowances, and lease flexibility.
Typically, tenant representation services are provided at no direct cost to the tenant. In most commercial real estate transactions, the landlord pays commission fees to both the listing agent and the tenant's representative upon the successful negotiation and signing of a lease. This arrangement allows tenants to benefit from professional representation without adding to their leasing expenses. We are totally transparent about our fee structure and any potential costs from the outset.
CONTACT US
Varadharajan Srinivasan Sridhar
Managing Director - Tamilnadu & Kerala and Head GCC Advisory - Operations
Chennai, India
REQUEST A CONSULTATION
Unsure if the GCC strategy aligns with your goals? Or ready to dive in? Get in touch with our team to discuss:
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INSIGHTS
Research
Global Capability Centers: Powering the Growth of Indian Commercial Real Estate
Global Capability Centers thrive on innovation, collaboration and an ecosystem that is digitally enabled. It requires new-age skillsets at competitive costs along with a technology platform that seamlessly delivers services to global MNCs.
2/17/2023
Insights • Investment / Capital Markets
Global Capability Centres - Making India the Cradle of Global R&D
India made rapid strides towards establishing itself as a key tech outsourcing/ offshoring market in the early part of the new millennium.
12/18/2020
Global capability centers reshaping India’s office landscape
February 15, 2024 - Join Suvishesh Valsan in this week's Behind The Numbers video, as he unveils how Global Capability Centers (GCCs) are reshaping India's office leasing landscape. With GCCs accounting for an impressive 22% of gross office leasing in 2023, an impressive 16 MSF, what implications does this hold for 2024?