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India's advantageous position, underscored by the eastward gravitation of markets, close vendor ecosystems, and technology-driven interfaces, fosters an environment where leaders are proficient in both technological and commercial realms, preparing them for global market challenges
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According to Knight Frank India, a year-on-year (YoY) analysis of GCC flex seat occupancy shows a decline in usage from the year 2021 to year 2023
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GCCs continue to hire aggressively, with a notable 50% of them preferring to source talent from existing GCCs in India
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As per TeamLease Digital report, product management and data science roles emerge as the highest paying across most cities in India
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The growth factors have resulted in global companies to lease nearly 53 million sq feet of office space since 2022 to set up GCCs
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