General Studies · Indian Economy
Consider the following statements regarding India's Global Capability Centres (GCCs): I. India's GCCs have transitioned from cost-arbitrage back-office functions to end-to-end product ownership and high-end R&D roles in areas such as semiconductors, quantum computing, and AI. II. GCCs in India are legally restricted from creating proprietary intellectual property (IP) and therefore primarily execute mandates defined by overseas headquarters. Which of the statements given above is/are correct?
- 1Neither I nor II
- 2Both I and II
- 3II only
- 4I only✓
Correct answer
I only
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