The adoption of company-owned partner operation models, which are increasingly used by companies, will increase by 25% by 2030.
Consulting and advisory service provider Inductus hopes that the model will drive the growth of India’s $100 billion global capacity centre space. It says the model is a “game changer” for the Indian GCC space.
The report also shows that the rise in the Copo model is driven by its ability to simplify operations while ensuring strategic ownership.
The combination of corporate ownership and local knowledge will enable international companies to adapt quickly to the Indian market while maintaining long-term growth.
“As the ecosystem moves to gain a market size of $105 billion by 2030, with over 3,000 GCCs and a $105 billion market size, the Copo model is for asset management, market response, risk aversion and scalability. We are setting new benchmarks.”
The Intuctus report claims that the adoption of the Copo model has improved its own process control. The study said 94% of companies showed improved control over intellectual property compared to traditional outsourcing models.
This structure also minimizes capital expenditures of 80% over five years, allowing businesses to function more effectively at a lower cost.
With the GCC ecosystem spreading across Tier-II and Tier-III cities, scalability has emerged as one of the main strengths of the Copo model.
“Growth is driven by the proven ability to reduce compliance delays by 65% in the COPO model, achieving talent retention with turnover rates below 6% and minimizing market volatility risks to a 40%.” The book estimates.
He also said accepting the Copo model reduced the legal and tax obligations of businesses by 37%. This, according to the report, highlights the importance of the model as a risk-hedged strategy for doing business in India.
(Includes PTI input)