Thursday, June 18, 2026

PE firms join GCC boom, push portfolio companies to set up captive centres

Private equity-backed firms are increasingly establishing Global Capability Centres (GCCs) in India, moving beyond cost savings to build AI, engineering, and product capabilities. This trend signifies a shift from large corporations to mid-market companies leveraging GCCs as a strategic value-creation tool for portfolio companies.

from Tech-Economic Times https://ift.tt/SMohvP0

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Five to eight more semiconductor plants to come up in eight years: PM Modi

Addressing the nation from the ramparts of the historic Red Fort on the 80th Independence Day, the prime minister said India's semicondu...