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Navaneet Mishra, Senior Vice President and Head of Hexagon R&D India

eTechnology Senate 2025 | GCCs Track | VC | Day 2 | 12th February 2025

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In this video:
Navaneet Mishra, Senior Vice President and Head of Hexagon R&D India

Topic: The Evolving Role of GCCs: From Cost Arbitrage to Innovation Hubs

Key Highlights:
[1] GCCs in India are no longer just about cost savings but are now innovation-driven, contributing significantly to global business and technology advancements.

[2] Factors such as NASSCOM’s influence, media coverage, internal GCC collaborations, ambitious talent, and diverse hiring practices have played a crucial role in elevating India’s GCC landscape.

[3] Companies must focus on rewarding innovation, fostering creative outlets like hackathons and tech events, and developing structured plans for ownership of critical roles within the organization.

[4] Many teams are driving innovation by upskilling internal talent rather than hiring externally, ensuring deep domain expertise while staying ahead in technological advancements.

[5] With India’s GCCs taking complete ownership of cutting-edge projects, cost is no longer the main factor. Instead, the focus is on high-quality, high-value innovation, making India a global hub for technology and R&D.

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