Major brands based out of UK and US are investing in captive units in India. Delhi-NCR, especially Gurgaon has seen many captive units successfully running their India operations with the help of their subsidiaries. Captive Units play a major role in establishing identity of these brands in the world market. Countries like China and India are major world markets as far as manpower is concerned. Lets understand what captive units are and what are the benefits of investing in a captive unit.
What is a Captive Unit?
A captive unit is generally an offshore company where a major brand sends out its business to, the only difference being that the offshore company is actually its owned subsidiary. The captive unit can be fully owned by the parent company or it can be set up in some other country or region like India, China or Philippines, which has good workforce and lower labour rates. The subsidiary and the parent company share all costs and enjoy the privilege of independent office space in a foreign location. As per the market trend big brands are easy to outsource their routine functions to reduce operational costs. Brands like IBM and Dell have set up their own company in Gurgaon, India where the labour is considerably economical and workforce comparatively is skilled and present in good number. The taxes in the offshore countries like India are also lower, which attract many major brands to invest in captives in India.
There are several advantages of Captive Units for major brands, most significant being data security and data protection. Lets explore few advantages of having a Captive Unit in India:
For More Details Visit : - http://www.gurgaonithub.com/
What is a Captive Unit?
A captive unit is generally an offshore company where a major brand sends out its business to, the only difference being that the offshore company is actually its owned subsidiary. The captive unit can be fully owned by the parent company or it can be set up in some other country or region like India, China or Philippines, which has good workforce and lower labour rates. The subsidiary and the parent company share all costs and enjoy the privilege of independent office space in a foreign location. As per the market trend big brands are easy to outsource their routine functions to reduce operational costs. Brands like IBM and Dell have set up their own company in Gurgaon, India where the labour is considerably economical and workforce comparatively is skilled and present in good number. The taxes in the offshore countries like India are also lower, which attract many major brands to invest in captives in India.
There are several advantages of Captive Units for major brands, most significant being data security and data protection. Lets explore few advantages of having a Captive Unit in India:
- A great reduction in operational costs
- Skilled staff at much economical rates
- Complete control over all the information and supply chain segments of the company despite the outsourced business
- Full data protection, dedicated Information Security officers and staff
- Services of Data centres with server support and internet security and management
- Business Continuity Planning and Risk Management to mitigate any future risks for business
For More Details Visit : - http://www.gurgaonithub.com/
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