Alvarez & Marsal to triple global capability centre headcount in India, top exec says

BENGALURU (Reuters) -Consulting firm Alvarez & Marsal plans to nearly triple its global capability centre staff in India to 2,000 by the end of 2028, a top executive told Reuters, joining a growing league of firms seeking to tap talent in the world's most populous nation. Multinational companies are increasingly setting up so-called global capability centres, which have evolved from low-cost back offices to high-value innovation hubs that support operations, finance, research and development. Marquee names such as JPMorgan Chase, Amazon, Walmart, American Express, Microsoft, SAP and Novo Nordisk also have global centres in India.