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GLOBAL INNOVATION CENTRE OF THE FUTURE

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In India, while GICs operate across all service lines—IT and engineering services, Business Process Management (BPM) and product development—it has been observed that GICs have an established presence in certain verticals. Banking and financial services and insurance (BFSI), software, telecom and semiconductors have used GICs for several years. But more recently, there has been a growth of new GICs in the aerospace, healthcare, retail and automotive industries. This expansion indicates that GICs are garnering a very diversified role within the global enterprise universe.

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