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India has emerged as the undisputed global hub for Global Capability Centres (GCCs), hosting over 55 per cent of such facilities worldwide, yet these innovation engines must navigate a staggering regulatory maze of more than 500 distinct legal obligations and over 2,000 annual filings across central, state, and local levels. TeamLease RegTech, in a study titled 'GCCs in India: Cultivating Capability, Ensuring Compliance', noted that despite their rapid expansion and contribution of over USD 64.6 billion in export revenue, GCCs operate within one of the most extensive compliance frameworks governing any enterprise ecosystem. "The compliance requirements for a typical GCC establishment can be classified across seven categories. Each of these categories contains several laws, rules and regulations with varying degrees of applicability depending on the establishment's size, nature and operations. "A GCC registered under a Special Economic Zone in Karnataka with a 1,000-seating capacity
Tamil Nadu has signed a strategic memorandum of understanding with ANSR, a global leader in establishing and scaling Global Capability Centres for fortune 500 companies, the government said. This partnership marks a significant milestone in strengthening Tamil Nadu's position as one of the world's most attractive destinations for technology, innovation and high-value global services. Leveraging Tamil Nadu's dedicated GCC policy, unparalleled employability, and fastest growing tech workforce, the collaboration with ANSR is expected to generate significant investments, advance innovation capabilities and create more than 10,000 high-value GCC jobs in Tamil Nadu, a press release said. "Through this partnership, ANSR will help bring in the next wave of global corporations. We will support them with policy enablement, fast approvals, site selection and strong talent linkages," Minister for Industries TRB Rajaa said. "We want Tamil Nadu to be the world's most competitive GCC destination.