The main challenges for GCCs in tier 2 and 3 cities are the limited talent pool, inadequate higher education institutions, infrastructure bottlenecks and connectivity issues. Global Capability Centers (GCCs) continue to mushroom in India’s tier-1 cities, but their expansion into tier 2 and 3 locations—once hailed as the next big hubs—is progressing slowly due to […]
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Mumbai’s real estate market has sustained its streak of breaking records, achieving unprecedented performance in May, propelled by vigorous sales and strong demand, notwithstanding the hike in mortgage interest rates and property values. The metropolis, known as India’s most significant and priciest real estate hub, registered over 11,917 property transactions in the month, marking a […]
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India has signed a historic agreement with Iran to develop the Chabahar Port. Under this agreement, India will invest $120 million in the development and operation of the Shahid Beheshti Terminal at Chabahar Port, along with $250 million to be sourced through debt financing. On May 13, India and Iran signed this agreement through India […]
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