GlobalLogic has seen a significant increase in its India business because of the growing number of global capability centres (GCCs) in the country, the IT engineering firm’s top executives said.
The number of GCC clients the company has in India rose to 36 in the last fiscal year from 15, in a period also marked by 90℅ growth in its GCC business where it provides niche IT engineering services to these hubs of multinationals, chief executive Nitesh Banga and India head Piyush Jha told ET.
Rising macro uncertainty globally has made the company take a strategic decision whereby it is enhancing offerings and expanding tie-ups with top clients. The firm, which became a Hitachi subsidiary after the Japanese firm acquired it in 2021, said because more mission-critical work like digital engineering and product and platform engineering is coming to Indian GCCs, engineering services companies like GlobalLogic too are getting more contracts.
“I think of it as an embedded-lab kind of model, where we are working with them (GCCs), sometimes as a sidecar when let's say they have gaps in their skillsets or face scaling issues. Most of the times, if the GCC is set up in location A, we deploy our support staff in location B. They may not have an