Empowering South Korea’s MNCs Through India’s Innovation-Led GCCs

The relationship between South Korea and India has evolved over the last 20 years into a comprehensive partnership based on political stability, economic dynamism, and technological cooperation. Important industries including infrastructure, trade, and defense have grown dramatically under the Special Strategic Partnership. Naturally, South Korea's prowess in electronics, semiconductors, and smart manufacturing complements India's sizable market and demographic dividend. In the midst of this collaboration, Indian cities are becoming important locations for South Korean companies to set up Global Capability Centers (GCCs) . These GCCs provide high-value services and accelerate digital transformation, much as their parent businesses. Going beyond traditional sourcing and speeding up global integration, leading conglomerates like LG, Hyundai, and Samsung are utilizing India's digital-first talent, innovation skills, and cost advantages to create future-ready GCCs.