What are Global Capability Centres (GCCs)? Account for the factors influencing the location of GCCs in India.

Global capability centres are resource centres for organization that perform necessary tasks for the functioning of IT infrastructure, they provide services for the functioning of the IT ecosystem. Basin is one such company with hubs in India. Factors influencing location of GCCs: 1) Low cost labour - India has low wages. 2) Moderate to high skills - About 60% demography is in the vicinity of population with skills present. 3) Command over language - Indian speak English to a great extent.