Navaneet Mishra, Senior Vice President and Head of Hexagon R&D India
eTechnology Senate 2025 | GCCs Track | VC | Day 2 | 12th February 2025
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.