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.