Business Standard

Andhra govt to partner with private firms to develop plug-and-play infra

State eyes capital investment of Rs 2,500 cr via GIC-related activities

N Chandrababu Naidu, Andhra Pradesh, CM
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N Chandrababu Naidu

BS Reporter Hyderabad
The Andhra Pradesh government has come out with a separate policy for global in-house centres (GICs) with an objective to attract potential job creators by offering plug-and-play infrastructure developed in collaboration with private sector.

The concept of GICs, an alternative model to the third party vendors, has been gaining ground with global companies setting up their own subsidiaries to handle the business process management (BPM) work, which is otherwise being outsourced to off-shore firms.

The GIC model has been adopted across a wide range of industry verticals including manufacturing, healthcare, engineering services and research and development (R&D) services, among others.

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