NEWS: Zyoin Group has entered into a Memorandum of Understanding (MoU) with the Karnataka Digital Economy Mission (KDEM) to support the growth and expansion of Global Capability Centres (GCCs) in Karnataka.

Key Highlights

• The partnership àAims to strengthen Karnataka's position as a preferred destination for GCCs.
• Zyoin will provide expertise in: GCC advisory services,talent intelligence, employer branding, workforce planning
• The collaboration seeks to attract high-value global investments and multinational companies to the state.
• It will support organizations across different stages of the GCC lifecycle, including setup, expansion, and operational scaling.

Significance

• Promotes job creation and entrepreneurship.
• Encourages innovation and startup collaboration.
• Enhances Karnataka's digital economy and global competitiveness.
• Reinforces the state's status as India's leading GCC ecosystem.

About Global Capability Centres (GCCs)

• GCCs are offshore units established by multinational corporations to manage critical business functions.
• They perform activities such as:Information Technology (IT) services, Research & Development (R&D), Data analytics

About KDEM

• Karnataka Digital Economy Mission (KDEM)
• Aims to accelerate the growth of Karnataka's digital economy and technology sector.
• KDEM works to attract investments, promote innovation, and expand technology-driven employment opportunities.