#TNGIM2024 Podcast Series: Future of Growth | Balaji Nuthalapadi | Episode 02

Guidance Tamil Nadu
30 Dec 202319:00

Summary

TLDRIn the 'Future of Growth' podcast, host Yar engages in a dialogue with Mr. Balaji, MD of City South Asia, on the role of Global Capability Centers (GCCs) in India's economic growth. They discuss the evolution of GCCs from cost efficiency to innovation hubs, their contribution to talent development, and the strategic alignment with global financial institutions. The conversation highlights Tamil Nadu's favorable business environment and skilled workforce, emphasizing the importance of balancing global standards with local adaptation for the GCCs' future success.

Takeaways

  • 🌟 Global Capability Centers (GCCs) have significantly contributed to economic growth, with over 1,600 centers in India employing more than 1.7 million people and growing at a CAGR of 12-14%.
  • 🚀 The evolution of GCCs has transitioned from cost efficiency to talent utilization and now focuses on innovation and transformation, playing a crucial role in the digital journey of companies.
  • 🌐 City Group's presence in India for over a century has been marked by pioneering the use of local talent, with 30,000 employees across five cities, supporting various global functions.
  • 💡 Tamil Nadu's favorable business environment and skilled workforce make it an attractive location for GCCs, with City Group having a particularly strong presence with over 10,000 employees.
  • 🔄 The balance between global standardization and local adaptation is crucial, with GCCs maintaining global best practices while adapting to local needs and engaging with local communities.
  • đŸŒ± The GCC sector is expected to continue growing, potentially employing 4 to 4.5 million people by 2030, indicating a significant impact on India's economic competitiveness and talent ecosystem.
  • 🌐 GCCs enhance global competitiveness and export capabilities by connecting local talent with global projects, placing Chennai at the center of the global digital economy.
  • 🔑 The future of GCCs is bright, with a projected increase in their number and the potential to upgrade the quality of talent in India, fostering partnerships, and increasing global attention to India.
  • 🏆 Challenges for GCCs include the need to quickly upgrade competencies in areas like cybersecurity and to focus on developing soft skills and leadership capabilities among employees.
  • đŸ€ Active collaboration with local authorities, regulatory bodies, and educational institutions is essential for GCCs to thrive and contribute to the local ecosystem.

Q & A

  • What is the role of Global Capability Centers (GCCs) in economic growth?

    -GCCs have significantly contributed to economic growth by creating scale and synergy, employing over 1.7 million people directly and several more indirectly, with a growth rate of 12 to 14% CAGR. They have also created global linkages and contributed to the knowledge economy and talent ecosystem worldwide.

  • How has the concept of GCCs evolved over the years?

    -The concept of GCCs started with cost efficiency, then matured to focus on talent and scaling up for critical mass, and is now in a phase where they are driving global platform development, application development, and transformation across the enterprise.

  • How does Citi Group leverage its presence in India for global operations?

    -Citi Group has been in India for over 100 years and has been a pioneer in leveraging the Indian talent pool. It has 30,000 employees across five cities in India, supporting global operations in technology, finance, risk, and analytics, and is now exploring non-traditional areas like legal compliance and model risk management.

  • What are the strategic priorities for firms today, and how do GCCs in India contribute to them?

    -The strategic priorities for firms today are digitization, simplification, and customer experience. GCCs in India are uniquely poised to drive transformation in these areas, with a pool of talented young technologists and strategic scale in finance and risk analytics.

  • What advantages does Tamil Nadu offer as a location for GCCs?

    -Tamil Nadu offers a deep talent pool, including high-quality engineering talent, good operations managers, and leaders with strong commerce and accounting skills. It also provides a favorable business environment with an emphasis on ease of doing business and strong industry partnerships with academia.

  • How does Citi Group balance global standardization with local adaptation?

    -Citi Group maintains global standardization in processes, platforms, and ways of operating while adapting locally as required. This includes local engagement with employees, colleges, communities, and the market, providing employees with the best of both worlds.

  • What has been Citi Group's experience with the ease of doing business in Tamil Nadu?

    -Citi Group has found Tamil Nadu to be extremely supportive, with a good partnership from local players across the regulatory and private ecosystem. The state has been proactive in fostering interactions between GCCs, colleges, and non-traditional ecosystems, and has been helpful in developing the overall ecosystem.

  • How do GCCs contribute to enhancing global competitiveness and export capabilities?

    -GCCs contribute by sharing employment, adding value to the kind of work done, and connecting regions better to the global economy. They have placed cities like Chennai at the center of the global digital economy, reflecting an upgrade in the quality of roles and the impact on corporates worldwide.

  • What is the future outlook for GCCs as a growth engine?

    -The future of GCCs looks promising, with an expected growth to more than 2500 GCCs in India with 4 to 5 million employees by 2030. They are expected to continue upgrading the talent ecosystem, increase focus on innovation, and bring in lateral investments across sectors.

  • What are the primary challenges faced by GCCs and how can they be overcome?

    -The primary challenges include upgrading competencies quickly, especially in areas like cybersecurity, and focusing on soft skills and leadership capabilities. Overcoming these challenges requires enhancing functional capabilities and placing more emphasis on developing interpersonal and leadership skills.

Outlines

00:00

🌟 Introduction to Global Capability Centers (GCCs)

The podcast 'Future of Growth' hosted by Yar introduces Mr. Balaji, the Managing Director and Head of Operations and Technology at City South Asia. The focus is on GCCs, which have significantly contributed to economic growth, particularly in India. Mr. Balaji explains how these centers have expanded rapidly, employing over 1.7 million people and growing at a rate of 12-14% annually. The conversation highlights the evolution of GCCs from cost efficiency to talent utilization and innovation, emphasizing their role in driving transformation across the enterprise.

05:00

📈 City Group's Journey and Role in GCCs

City Group's experience in India, spanning over a century, is highlighted with a focus on technology and leveraging the local talent pool since the 1980s. The company now operates five GCC sites across India, employing 30,000 people and supporting various global functions. The discussion delves into how City Group's strategic priorities, including digitization and simplification, are deeply embedded in their operations, with Indian talent driving technology transformation and contributing to analytics, finance, and risk management on a global scale.

10:03

🏭 Tamil Nadu's Advantages for GCCs

The state of Tamil Nadu is recognized for its favorable business environment and skilled workforce, making it an ideal location for GCCs. With over 10,000 employees in the region, City Group has benefited from the high quality of engineering talent and strong industry-academia partnerships. The state's supportive ecosystem and ease of doing business are emphasized, along with the positive experiences during the COVID-19 pandemic, showcasing the proactive measures taken by local authorities to ensure business continuity.

15:04

🌐 Balancing Global Standards and Local Adaptation

The conversation explores the balance between maintaining global standards and adapting to local conditions within GCCs. While processes and platforms are standardized globally, local adaptations are made to engage with employees, colleges, and communities. This approach ensures employees benefit from global best practices while feeling connected to the local ecosystem, contributing to the aspirational nature of working in GCCs and their seamless integration into the global economy.

🚀 The Future of GCCs and Economic Growth

Looking ahead, the future of GCCs is envisioned to be even more impactful, with an expected growth to over 2500 centers employing 4 to 5 million people by 2030. The sector is seen as a new growth engine, not only employing talent but also upskilling the workforce. The focus will be on enhancing functional capabilities, soft skills, and leadership, positioning India as a global center for talent and innovation, attracting further investments and increasing global visibility.

đŸ€ Challenges and the Path Forward for GCCs

The final part of the discussion identifies the primary challenges faced by GCCs, including the need to quickly upgrade competencies and focus on soft skills and leadership capabilities. Despite the rapid growth and positive contributions, there is a recognition that India needs to further develop cutting-edge expertise in areas like cybersecurity and enhance the overall skill set to produce future global leaders. The conversation concludes with a note of optimism for the continued growth and transformation driven by GCCs.

Mindmap

Keywords

💡Global Capability Centers (GCCs)

Global Capability Centers, or GCCs, are strategic business units that multinational corporations establish to centralize specific functions or services, often in locations that offer cost advantages, skilled workforce, and business-friendly environments. In the script, GCCs are highlighted as a significant factor in driving economic growth, particularly in India, where they have grown exponentially and are expected to employ millions by 2030, contributing to the country's economic competitiveness and the global knowledge pool.

💡Tamil Nadu

Tamil Nadu is a state in India known for its favorable business environment and skilled workforce. It is particularly noted for its engineering talent and has been a top location for GCCs, including the City Group. The script discusses how Tamil Nadu's supportive ecosystem and emphasis on ease of doing business have made it an attractive destination for multinational corporations looking to establish their GCCs.

💡City Group

The City Group, as mentioned in the script, is a multinational financial institution with a significant presence in India, particularly in Tamil Nadu. The group has been leveraging the local talent pool since the 1980s and has established several GCCs across various Indian cities. The City Group's journey exemplifies the broader trend of GCCs evolving from cost efficiency to talent and innovation hubs.

💡Talent Arbitrage

Talent Arbitrage refers to the strategic advantage gained by multinational companies by employing skilled workers from regions with lower labor costs. In the context of the script, it is one of the factors that contributed to the establishment and growth of GCCs in India, allowing companies like the City Group to access a large pool of skilled professionals at competitive rates.

💡Knowledge Economy

The Knowledge Economy is an economic system based on the production, distribution, and use of knowledge and information. The script mentions that GCCs in India are contributing to the knowledge economy by creating linkages from India to the rest of the world and enhancing the talent ecosystem in corporates globally.

💡Digital Transformation

Digital Transformation is the integration of digital technology into all areas of a business, fundamentally changing how an organization operates and delivers value to customers. The script discusses how the Indian talent pool within GCCs is well-positioned to support companies on their digital journey, driving core technology transformation and digitization.

💡Innovation

Innovation refers to the process of translating an idea or invention into a good or service that creates value or for which customers will pay. In the script, the evolution of GCCs is described as moving from a focus on cost to talent and finally to innovation, indicating that these centers are now driving transformation across the enterprise by developing new applications and processes.

💡Ease of Doing Business

Ease of Doing Business refers to the simplicity and efficiency of commercial activities within a particular jurisdiction. The script highlights the favorable business environment in Tamil Nadu, with a focus on ease of doing business, which has been a key factor in attracting and retaining GCCs.

💡Export Preparedness Index

The Export Preparedness Index is a measure of a region's ability to engage in international trade by assessing factors such as infrastructure, regulatory environment, and the presence of export-oriented industries. The script notes Tamil Nadu's top ranking in this index, indicating its suitability for GCCs that contribute to enhancing global competitiveness and export capabilities.

💡Remote Working

Remote working, also known as telecommuting, is the practice of working from a location outside the traditional office setting. The script mentions the rise of remote working as a factor that has made the connection between employees in GCCs and the global economy seamless, enhancing the sense of being part of a global digital economy.

💡Soft Skills

Soft Skills are personal attributes that enable someone to interact effectively and harmoniously with other people. The script emphasizes the importance of soft skills, such as interpersonal skills and leadership capabilities, in the corporate world, especially in a globalized context where the ability to work with partners around the globe is crucial.

Highlights

Global Capability Centers (GCCs) have seen significant growth in India, with over 1,600 GCCs employing more than 1.7 million people directly.

The GCC sector is growing at a CAGR of 12-14% and is expected to employ up to 4.5 million people by 2030.

GCCs have evolved from cost efficiency to talent utilization and are now focused on innovation and transformation.

City Group has been leveraging the Indian talent pool since the 1980s, with a current workforce of 30,000 across five GCC sites in India.

GCCs contribute to strategic priorities like digitization, simplification, and customer experience, with a focus on technology transformation.

Tamil Nadu offers a favorable business environment and a strong skilled workforce, making it an attractive location for GCCs.

City Group has been a top employer in Tamil Nadu since the mid-1980s, with over 10,000 employees and a history of positive experiences.

GCCs balance global standardization with local adaptation, ensuring employees benefit from both global and local engagement.

The ease of doing business in Tamil Nadu is supported by active government and regulatory partnerships, as seen during the COVID-19 pandemic.

GCCs enhance global competitiveness and export capabilities by connecting Tamil Nadu to global platforms and markets.

The future of GCCs is predicted to include more than 2500 GCCs in India, contributing to the global digital economy.

Challenges for GCCs include upgrading competencies quickly and focusing on soft skills and leadership capabilities.

The GCC sector is expected to increase global attention and visibility to India, potentially bringing in lateral investments across sectors.

The journey of GCCs has been from a proof of concept to a significant contributor to the global economy.

The conversation provides a comprehensive overview of the role and impact of GCCs in India, particularly in Tamil Nadu.

Transcripts

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the future

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[Applause]

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of hi everyone welcome to future of

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growth a special podcast Series where we

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explore the dynamic landscape of Tamil

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nadu's Industrial Development and its

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Global impact I your host Yar and in

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this episode we are thrilled to have a

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distinguished guest Mr Balaji nut laadi

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managing director and head of operations

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and Technology city south Asia at City

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our Focus today is on global capability

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centers the new growth engine driving

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the economy Mr Balaji sheds light on how

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GCC is aligned with City's Global

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strategy leveraging Tamil nadu's skill

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Workforce and business friendly

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environment we explore the balance

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between Global standardization and

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localization the impact on talent

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development in Tamil Nadu and the role

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of gcc's in fost in Innovation join us

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for a concise yet insightful

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conversation as we unravel the

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transformative journey of global

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capability centers more popularly known

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as gcc's shaping both the global and

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Local Economic Dynamics now to Our Guest

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hello sir Welcome to our special podcast

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series future of growth thank you it's a

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pleasure being with you today sir it

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would be wonderful if you could provide

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us an overview of how Global capability

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centers have played a role in fueling

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economic growth especially keeping in

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view how City group has contributed to

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this model Global capability centers or

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gcc's for short as I'll refer to them

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for the rest of this podcast have really

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exploded in the last four or five years

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in India and across some other countries

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as well I think the concept of

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strategically hubbing functions together

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to create scale and Synergy has really

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worked

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specifically in India we have more than

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1,600 gcc's today that number is growing

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every year these gcc's employ more than

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1.7 million employees directly today and

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several more indirectly the sector is

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growing at about 12 to 14% cagr And in

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terms of value you know it's much Beyond

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monetary value it's creating linkages

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from India to the rest of the world the

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knowledge economy in many comp centers

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around the talent in India today I think

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the sector has been one of the top

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performers in Indian it and it enabl

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service economy in the last several

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years will continue to grow and by some

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estimates it could employ as many as 4

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and half million people by 2030 so that

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is a tremendous contribution to the

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country's economic competitiveness but

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also a tremendous contribution to the

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knowledge pool and the talent ecosystem

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in corporates worldwide so just a

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continuity to that question with your

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expertise and experience in City Group

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in the last decade how have you seen

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gcc's evolve that's a very relevant

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question so the concept of gcc's goes

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back really to the concept of cost

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efficiency that's how it started because

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obviously countries in Asia like India

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and the Philippines for instance offer

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significant cost advantages and that's

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why the first gcc's got set up more like

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a proof of concept and you can call it

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phase one of gcc's I think Phase 2 was

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when they started maturing and started

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focusing on advantages Beyond cost

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looking at Talent Arbitrage looking at

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scaling up to achieve levels of critical

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mass I think phase three is where we are

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right now uh for most gcc's which is

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really driving Global platform

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development application development

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Global operational Process Management

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Global finance and risk related work out

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of India

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and here most gccs have already reached

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critical mass they're now starting to

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look at how to develop synergies between

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different functions operating from the

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gcc's and also synergies with the

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broader technology ecosystem in this

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vibrant market so it started with cost

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moved on to talent and is now moved on

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to Innovation and driving transformation

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across the Enterprise I see that

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continuing to uh move in that direction

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but you know I have been a part of this

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journey personally for many years now

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and it's been a pleasure to see the

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evolution from a small proof of concept

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to this industry driving transformation

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globally today wow that was like almost

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looking at a RX to riches song in a

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movie so the understanding is that

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multinational corporations often

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establish Global capability centers to

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enhance operational efficiency how do

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these centers align with the broader

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strategy of global financial

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institutions leveraging the advantages

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of skilled Workforce across different

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countries sure I think City group's

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journey in India itself has been a

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fascinating one we have been in India

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over 100 years now and specifically in

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the technology space city has been a

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Pioneer in leveraging the Indian talent

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pool right from the 1980s onwards much

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before most other multinationals started

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discovering the talent pool here we now

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have 30,000 employees across five cities

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in India five GCC sites in India

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supporting the length and breadth of

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City globally in five major areas

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technology operations Finance risk and

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analytics and we now also starting to

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explore and scale up in areas

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non-traditional areas I would say like

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legal compliance model risk management

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and other Allied areas so you know if

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you look at the city Journey it's kind

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of illustrative of the overall GCC

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sector in India tremendous growth fulls

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scale GCC covering all functions of the

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company you know started with operations

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and Technology but starting to evolve

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much beyond that to all Enterprise

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functions today if I look at how this

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contributes to the company's strategic

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priorities this is deeply embedded I

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think technology transformation is core

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to most company's agenda today and the

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Indian talent pool across gcc's is

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actually best Poise to help companies on

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their digital Journey we have a pool of

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very talented young technologists in

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virtually every part of the technology

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spectrum and they are helping to drive

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across all sectors core technology

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transformation core digitization and

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Innovative products and Platforms in

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addition in other areas for example in

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finance and risk which I spoke about and

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analytics we are finding the ability to

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achieve scale strategic scale in India

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which can drive endtoend transformation

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of those functions globally I'll give

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you an example in analytics and it's an

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example in city which I'm very proud of

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almost 34 of City's analytics work is

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done in India Global analytics work 34

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is done in India and what we have seen

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from the team is repeated examples of

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how they can identify opportunities that

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were not known before to drive value in

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terms of ideation and execution and

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overall efficiency for the firm much

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Beyond cost they drive customer

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experience Improvement they drive

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internal process changes or

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simplification and the net result is

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that all of these pools of talent in

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India are coming together to produce

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virtually a new company in many ways

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City's journey is similar to many other

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gccs have spoken to and I think the

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momentum is only going to get faster

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because digitization is clearly a theme

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of the future I think the three

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strategic priorities for any firm today

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are digitization simplification and

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customer experience India and the gcc's

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in India are uniquely poised to drive

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transformation in all three areas so

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interestingly Tamil Nadu positions

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itself as a prime location for gcc's so

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how do you see multinational

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corporations benefiting from the state's

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favorable environment and also its

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strong skilled Workforce I think India

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as a whole offers a tremendous talent

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pool but within that I think Tamil Nadu

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has been a state where we have tapped

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deep we have more than 10,000 employees

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today in Tamil Nadu our association with

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the state goes back right to the mid

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1980s and city has consistently been a

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top employer in the market our

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experience has been extremely positive

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we have found a very good quality of

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talent here of course engineering talent

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I don't even need to speak about it

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tamado has a lot of engineering colleges

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very high quality of engineering

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education

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and the quality of fresher Talent here

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is at least equal to if not Superior to

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most other states in the country in

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addition we also have a large operations

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pool here a large skill set of good

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operations managers and leaders we have

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a lot of Commerce and accounting latest

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skill sets so in effect Tamil Nadu

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offers multiple skill sets good quality

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very good industry Partnerships Academia

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and now a growing lateral ecosystem

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because of the Sher size of the industry

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here I also must call out that tamado

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has offered a very favorable business

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environment in many ways with a lot of

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emphasis on ease of doing business and

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we have always found it very easy to

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operate here and it's been a pleasure

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for us to continue to grow and which is

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why we keep investing in the

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State uh I extremely grateful for all

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the local Partnerships and support you

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have received and I do think you know

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I'm speaking not just on behalf of City

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group but on behalf of all gcc's

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operating in the state so I'm just

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curious to know how do you balance

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between the global standardization and

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local adaptation it's a very good

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question see our processes our platforms

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our way of operating is globally

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standard and I think that's true of most

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multinational companies so we bring the

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advantages of global best practices you

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know employees experience globalized

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learning programs and talent development

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programs but while we do all of that in

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a consistent fashion globally we also so

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adapt locally as required and there are

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certain things that we drive locally for

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example are processes around engagement

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of employees our internal Mobility

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programs to help employees grow within

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their chosen

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locations our engagement with the local

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colleges engagement with local

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communities our engagement with peers in

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the market here these are all locally

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driven so a combination of global scale

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and best practices a with local

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engagement works very well so employes

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kind of get the best of both worlds in a

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sense and I believe that's one of the

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reasons why the setor is quite

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aspirational for many employees to join

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cuz they are working here at the same

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time being part of a global digitz

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economy and barriers have disappeared

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today working out of Chennai and office

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in Chennai you're seamlessly connected

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to the rest of the company globally and

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especially with the rise of uh remote

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working I I think now it's so seamless

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that employees here feel truly connected

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to the global economy this was not the

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case let's say 10 years ago people still

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felt they were in a bit of a Backwater

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but now it's changed and U for me

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individually it's been very gratifying

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to see that change where people sitting

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here are responsible for Global projects

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and produce impact in capitals around

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the globe so going back to my question

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on Tamil Nadu can you share some

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insights from your experience on ease of

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doing business in the state I would say

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in many ways when we set up our GCC

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sites in India I think we saw a very

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good partnership from all of our local

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players across both the Regulatory and

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the private

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ecosystem and you know I can give you a

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couple of small examples to concretize

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and illustrate what I'm refering to when

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covid broke out for instance and we all

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had to react in a few days I thought

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tamado did a tremendous job in the way

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all parts of the government the

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industries Ministry the police you know

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local local Corporation Authority all

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came together to ensure that we could

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still continue to operate even through

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the lockdown for critical functions in

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the office arranged for E passes

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arranged for exemptions as required and

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right through what I saw was an

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understanding and a conviction and all

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those regulatory players that this is an

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important sector and should be supported

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we did not even need to explain to them

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they understood this so I think that

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defines the supportive environment in

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the state another example I can give is

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how guidance Tamil Nadu has actually

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helped to Foster interactions between

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gcc's between gcc's and colleges and

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between gccs and non-traditional

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ecosystems so I think the active role

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the state plays in developing the

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overall ecosystem is very helpful to us

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so I would in all say that this is a

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very favorable environment and we could

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not really ask for anything more so

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while we are on the topic of Tamil Nadu

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recognizing Tamil nadu's top ranking in

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the export preparedness index how do

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gcc's contribute to enhancing Global

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competitiveness and Export capabilities

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well our contribution is only a small

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spot of a very very large State

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industrial ecosystem here but I think we

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are proud of our participation we have

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been here right from 1985 in terms of

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harnessing tamado poool in technology

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and operations in particular as I said

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we have more than 10,000 employees here

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and we will continue to add more more

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we've also been in many ways a champion

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of best practices bringing in global

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views into Chennai we have shared that

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with many of our peers in the ecosystem

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we have been part of several government

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initiatives and panels around how to

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further grow the ecosystem in Tamil Nadu

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and we intend to continue doing our best

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in that space we have worked with many

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colleges across the state to improve the

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level of Industry Academia partnership

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uh we have a lot of Community

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Partnerships in the state as well

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overall I would say both at City Group

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level and across the GCC sector we are

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very proud of our association with the

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state and it's also a two-way

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Association we get a lot of benefit from

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being here and we are working on our

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best to give back to the state as well

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but how have we improved the export

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competitiveness to your question I think

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in three ways first by of course share

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employment which is

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self-explanatory second by adding to the

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value of the kind of work done here and

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that's the upgradation I spoke about we

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started a cost moved on to talent and

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Innovation that's reflecting the kind of

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roles being done from here so the it's

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not just the number of roles but the

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quality of Roes that has improved here

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and thirdly I would say we have

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certainly connected Tamil Nadu better to

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the globe today Platforms in a stock

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exchange in New York or the railways in

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London there are so many examples are so

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closely linked with what happens from

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Tamil Nadu so I think we have placed

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Chennai in many ways at the center of

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the global digital economy it's true for

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India as a whole but it's certainly true

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for Tamil Nadu and Chennai and I think

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that's only going to improve in the

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future so now the Quint essential

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question how do you see the future of

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gcc's and how do you see them as a new

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growth engine fueling economies I think

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gcc's as a sector have been one of the

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most interesting areas in the last 10

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years I have seen the sector when it was

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very very small in 2013 10 years ago and

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I've seen it Blossom over the years to a

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space now where it is an aspirational

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employer across the whole industry and

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if I zoom out 5 years from now or 7

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years from now in

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20130 I see more than 2500 OD gcc's in

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India with 4 to 5 million employees

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creating direct impact on corporates

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worldwide across countries across

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continents across sectors I also feel

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that gcc's are in many ways upgrading

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the talent of qual quality of talent in

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India it's not just just about oneway

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Street of employing talent it's also

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about up teering the whole ecosystem and

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I think that will reflect in three ways

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Partnerships is Academia on the country

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it will reflect an increased focus on De

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across the entire industry not just in

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gcc's and thirdly by also becoming the

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channel to increase Global attention and

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visibility to India and thereby bringing

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in lateral Investments across sectors so

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I am personally very very gratified to

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have been a part of this journey I have

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seen this experiment move from a proof

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of concept to where it is today and I do

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believe that our best days are still

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ahead of us so while the Journey of gccs

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has been evolving I'm sure there are

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also challenges that you have overcome

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and there will be challenges that you

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face sir in your mind what becomes the

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most primary Challenge and how do we

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break this obstacle I think we need to

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upgrade competencies quickly while large

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sectors within GCC have done so I do

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think across the Spectrum India

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is still not entirely there India offers

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Talent at scale at strategic scale at

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transformational scale but if you take

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individual areas let's say cyber

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security you will find pockets of

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Excellence around the globe where there

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has been Cutting Edge work done India

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still hasn't got entirely there so

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enhancing functional capability is

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extremely important and I must say the

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Gap is narrowed in the last few years

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but that is still a gap second I think

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we need to focus also on soft skills and

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Leadership capabilities of employees

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there's been a lot of emphasis on hard

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skills and India traditionally those

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skills have been valued and that's how

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we talk to our children as well

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mathematics science but in a corporate

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world in today's globalized world soft

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skills interpersonal skills team

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management skills leadership skills

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communication skills ability to work

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with Partners around the globe those are

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actually the skills that are very very

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important and what you learn in college

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what you learn in the early years

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disappears in a few years because

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technology moves so fast but the skills

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you inculcate as a human beings stay

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forever I think we need to focus more on

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developing those skills if we have to

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truly produce the leadership of the

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future sitting out of India for the

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globe so thank you once again for

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joining us on this special podcast

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future of growth I'm sure for our

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listeners it was like a crash course on

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global capability centers thank you for

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having me today it's a topic I'm very

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passionate about it's been a pleasure to

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be with you today thank you again for

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the privilege thank you listeners for

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joining us on this special podcast on

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Global Investors meet uh I'm sure you

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found this conversation valuable and

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gain New Perspectives on this sector

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stay tuned for more engaging discussions

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with industry leaders if you have any

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questions or topics you would like us to

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explore in the future episodes please

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feel free to reach us do stay tuned for

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more engaging discussions with industry

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leaders so until next time this is Yar

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signing off on future of

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growth the future of growth

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oh

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