Prøve GULL - Gratis
Niche tech fuels new tide of GCCs
Mint Ahmedabad
|March 24, 2025
Tiny, niche back offices for high-tech, specialized work are being set up by new-age companies in India at an increasing pace, a trend that experts believe has the potential to take the global capability centre (GCC) wave to the next level in the country.
According to industry insiders, companies such as M31, d-Matrix, and MemryX, among several others, are increasingly setting up focused 'nano' GCCs in India. Michigan-based MemryX and Padova, Italy-based M31 are semiconductor companies working on building intellectual properties (IPs) and computing software. California-based d-Matrix builds computing solutions for its artificial intelligence (AI) models.
The objectives of these companies, which have workforces between 50 and 200 employees, vary. Some want to build niche software products and platforms in India. Others focus on specialized needs for their parent companies. And some others want to test the GCC landscape in the country before eventually scaling up operations.
The companies mentioned above did not respond to Mint's queries.
Denne historien er fra March 24, 2025-utgaven av Mint Ahmedabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Ahmedabad
Mint Ahmedabad
'India shaping development paths'
India has demonstrated that economic growth and social inclusion can advance together and it is helping translate its success stories into global lessons for a more equitable world, a top official of the United Nations Development Programme (UNDP) said.
1 min
November 17, 2025
Mint Ahmedabad
Positives in IT, but fears remain
More than half of FY26 is out of the way, but for India's information technology (IT) companies, revenue visibility remains murky. Investors are swinging between hope and despair, as a recovery in revenue growth gets delayed.
2 mins
November 17, 2025
Mint Ahmedabad
'Chandrayaan-4 by '28, output to triple'
Indian Space Research Organisation is preparing for a busy phase with seven more launches this financial year, even as India's first human spaceflight is slated for 2027, chairman V. Narayanan said.
1 min
November 17, 2025
Mint Ahmedabad
Cash is cringe-worthy but let's not judge people's preferences
Electronic payments are taking over but paper money has its uses
3 mins
November 17, 2025
Mint Ahmedabad
PHYSICS WALLAH: SEEKING MOMENTUM IN THE SOUTH
The company lacks mass and velocity in the region. Will the IPO proceeds help it accelerate?
9 mins
November 17, 2025
Mint Ahmedabad
'50% firms run live AI use cases, but budgets still tight'
Nearly half of Indian firms have progressed beyond AI pilots to active deployment, with 47% reporting multiple generative AI use cases now live in production, according to a joint EY-CII report.
1 mins
November 17, 2025
Mint Ahmedabad
'Productivity needs focus, not long hours'
Veeba's founder Viraj Bahl on building a culture that values balance
2 mins
November 17, 2025
Mint Ahmedabad
White House hunts for ways to lower the cost of living
A proposal to give Americans direct payments of $2,000 or more. An antitrust probe into allegations that meatpacking companies are colluding to drive up beef prices. And a new plan to lower tariffs on coffee, fruit and other popular products.
4 mins
November 17, 2025
Mint Ahmedabad
SC may hear Sahara workers' plea today
The Supreme Court (SC) is scheduled to hear on Monday the interim pleas of employees seeking payment of their pending salaries from Sahara Group companies.
1 min
November 17, 2025
Mint Ahmedabad
IFC, two others likely to buy 49% in Hygenco in $250 million deal
produce 5 million tonnes (mt) of green hydrogen by 2030.
3 mins
November 17, 2025
Listen
Translate
Change font size