Mumbai: With improving business sentiments in India, Global Capability Centres (GCCs) recorded an increase of 48 per cent in transaction volumes from 6.6 million square feet in the first half of last year to 9.8 million square feet in H1 2024, a report said on Thursday. Bengaluru witnessed the highest GCC-focused transactions at 4 mnsq … Read more
Mumbai: With improving business sentiments in India, Global Capability Centres (GCCs) recorded an increase of 48 per cent in transaction volumes from 6.6 million square feet in the first half of last year to 9.8 million square feet in H1 2024, a report said on Thursday. Bengaluru witnessed the highest GCC-focused transactions at 4 mn … Read more
But today’s manufacturing is different. Innovation in manufacturing has taken a predominantly skill-biased form, reducing demand for workers with relatively low levels of education. New technologies such as automation, robots and 3D printing directly substitute physical capital for labour. While firms in developing countries have an incentive to use more labour-intensive techniques, competing in the … Read more
In the early 2000s, Alok Nanda’s new colleagues called him the “bumper guy.” His new job at General Electric back then was putting some plastic between the bumper and the beam of a Suzuki Swift. The plastics division had hired the young engineer from India’s state-run DRDO, placed him at a GE facility near Bengaluru, … Read more