CURRENT CONTEXT : The International Solar Alliance (ISA) announced plans to set up a Global Capability Centre in India, referred to as a “Silicon Valley for solar”.
ABOUT GCCs
- Definition: Strategic units that support an organisation’s global operations through technology, talent, and innovation.
- Objective: To leverage global talent and advanced technology for business transformation.
- Drivers in India:
- Cost efficiency.
- Skilled workforce (especially in IT, engineering, English proficiency).
- Strong startup and innovation ecosystem.