Point Of View
‘Captivating’ Business Practices: Setting up your own entity in India
Call it by any name - Global in-house centers (GIC or offshore engineering R&D (ER&D) centers; these are rapidly becoming preferred business practice for enterprises in the US to broaden their access to talent pools and rake in productivity and returns. GICs/ER&D centers enable getting work done by the same company in a different country such as India, giving companies a viable option to outsourcing, and addressing its underlying concern - dependence on third parties.
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