U.S. retail giant Costco Wholesale Corp. plans to establish its Global Capability Centre (GCC) in Hyderabad, India. The technology and research-focused hub will start with around 1,000 employees and is expected to scale further. This move underscores the evolving role of GCCs—from traditional cost-saving outsourcing units to global innovation engines, supporting functions like finance, analytics, R&D, and IT.
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