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TechM in talks to set up GCC for Goodyear
Mint Kolkata
|February 10, 2025
The centre will house the R&D and IT operations of the US company
Tech Mahindra Ltd (TechM) is in talks to build a global capability centre (GCC) for Ohio-based Goodyear Tire & Rubber Co. in Hyderabad, two people aware of the matter said. The centre, which will employ 3,000, will house the research and development (R&D) and IT operations of the US company.
GCCs are in-house technology centres of large Fortune 500 companies, which are traditionally clients of Indian IT outsourcers. Instead of outsourcing tech work to software service providers, GCCs hire employees to handle the same work in-house.
Indian IT service providers set up GCCs for their clients by providing them with employees and running their centres. GCCs can pay IT outsourcers for the employees they get or a share of revenue.
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