According to consulting firm ANSR, over 100 GICs are expected to be established in India this year compared to nearly 40 in 2020. Also, in the next three years, more than 200 new GICs are likely to be set up in India with an additional creation of 3-3.5 lakh jobs due to expansion of existing GICs and setting up of new ones.
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Published on Set up your offshore center now! Offshoring involves moving business processes or services
Nearshoring is a strategic business practice where companies outsource their projects or business processes to a neighboring country or region, typically one that shares a similar time zone or is in close proximity. It offers an alternative to offshoring, allowing your business to capitalize on the benefits of global collaboration.