Tech captives may keep hiring in India despite Trump’s tax breaks

BENGALURU: India-based global inhouse centres (GICs) or captives of American businesses will continue to create highly-skilled technology jobs here, despite the US government’s bill to reduce corporate tax rate for bringing back jobs to America.

The country is home to nearly 1,100 GICs, a major chunk of which are of US-based companies, and they employ around one-fourth of the 3.9 million IT professionals.

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