By Ishita Ganguly
Copyright startuppedia
“Rolls-Royce inaugurated a 700-seat global capability centre (GCC) in Bengaluru today, on September 17, its largest and most advanced facility in India. Rolls-Royce inaugurates 700-seat GCC Advertisment “Initiatives like this have helped Bengaluru emerge as one of the top three cities globally for aerospace investment. Rolls-Royce has been contributing to the state”s aerospace industry from the very beginning, and this new GCC marks another milestone,” Karnataka”s large and medium industries minister MB Patil said while opening the centre. The Minister added that in power systems and propulsion, leaders like Aequs and Collins Aerospace are present, while in structural and mechanical components, Wipro and Mahindra Aerospace are driving progress. The new facility adds to the English car company”s India operations, where it employs over 2,000 engineers, the majority in Karnataka. MB Patil said that Aerospace is a key driver of Karnataka”s manufacturing economy. “Our aerospace and defence policy is investor-friendly and provides attractive incentives. The strong research culture in the state further complements and strengthens this ecosystem,” he said. Also read: “After Ratan Tata, this company is messed up”: TCS Employee exposes workplace struggles and “mental harassment” (startuppedia.in) About GCCs GCCs are offshore units developed by multinational corporations (MNCs) in India to perform various operations and provide support services for their parent companies. As reported by MoneyControl, GCCs have seen a massive growth in India, and the sector is poised to contribute 3.5 per cent to the country”s GDP by 2030. GCCs are expected to employ more than 21 lakh professionals in around 1,800 units by the end of 2025, up from 15 lakh in 2020. Also read: AI startup Sentient launches open-source AGI network for 2 million users to compete with OpenAI, AWS (startuppedia.in)”
