Partner Varun Vaish and Associate Shashwat Jain have recently authored an article titled, ‘Global Capability Centres, Startups & Corporate Social Responsibility: The Innovation Triangle India Needs’, published on Legal Era.
The article discusses India’s evolving strategy to strengthen its start-up ecosystem and position itself as a global innovation hub. Central to this is the government’s proactive support through initiatives like Start-up India, tax incentives, and funding schemes. At the same time, India is witnessing a surge in Global Capability Centres (GCCs)—subsidiaries of multinational corporations—that are increasingly focusing on R&D by leveraging India’s strong STEM talent.