Follow WOWNEWS 24x7 on:
Deloitte India has announced a strategic partnership with Embark, a platform backed by Embassy Group, to deliver integrated, end-to-end solutions for global firms establishing and scaling Global Capability Centres (GCCs) in India. The alliance aims to simplify the GCC lifecycle—from strategy and setup to operations and governance—through a single-window execution model tailored to the evolving needs of multinational corporations and mid-market enterprises.
This collaboration comes at a time when India is emerging as a global hub for innovation and digital transformation, with GCCs playing a pivotal role in driving enterprise agility, cost efficiency, and strategic value creation.
Key Highlights of the Alliance
- Deloitte India and Embark will jointly offer advisory, infrastructure, and operational support for GCCs
- The partnership targets both large multinationals and mid-sized firms entering or expanding in India
- Services span the full GCC lifecycle, including location strategy, legal setup, tax advisory, and facility management
- The alliance aims to reduce complexity, mitigate risk, and accelerate outcomes for global enterprises
India’s Expanding GCC Landscape
Global Capability Centres are offshore units where multinational companies centralize innovation, technology, and business operations. India has captured a dominant share of this market, with over 1,800 GCCs currently operating in the country.
1. Market Growth
- Economic contribution from GCCs has surged from USD 19 billion in 2015 to over USD 68 billion in 2024
- By 2030, the number of GCCs in India is projected to reach between 2,400 and 5,000
2. Shift in Role
- GCCs are evolving from cost-saving back offices to strategic hubs for AI, engineering, and R&D
- Enterprises now view India as a destination for capability development, not just execution
3. Mid-Market Momentum
- As of 2024, 480 GCCs—27 percent of India’s total—are operated by mid-sized enterprises
- These firms represent the next wave of growth, seeking scalable, compliant, and efficient entry into India
Scope of Services Under the Alliance
The Deloitte–Embark partnership offers a comprehensive suite of services designed to support every stage of GCC development:
- Strategic advisory on operating models and value case design
- Location strategy and legal entity setup
- Tax and compliance consulting
- One-stop facility setup and infrastructure provisioning
- Ongoing operational support across talent, payroll, finance, procurement, risk, and governance
Strategic Implications and Industry Impact
This alliance reflects a broader trend of global enterprises re-evaluating their operating models amid macroeconomic uncertainty and digital disruption. The demand for execution-focused platforms that combine advisory and infrastructure capabilities is rising.
- Deloitte brings deep expertise in strategy, compliance, and transformation
- Embark contributes scalable infrastructure and operational execution
- Together, they offer a unified solution that reduces friction and accelerates market entry
Conclusion
The Deloitte India–Embark alliance marks a significant milestone in India’s GCC evolution. By offering a one-stop solution for global firms, the partnership is set to unlock new opportunities for innovation, efficiency, and growth. As India continues to attract investment from across the globe, integrated platforms like this will be instrumental in shaping the next phase of global service delivery.
Sources: The Hindu Business Line, Fortune India, Rediff Money
Follow WOWNEWS 24x7 on:
Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.
Powered By Just Imagine
