Can MNCs drive digitalization initiatives out of their captive R&D centers in India? What are some reasons for your agreement/disagreement?

R&D centers in India employ skilled professionals across technologies, including IoT, Cloud, and Analytics, to name a few. With more than 1 million IT professionals employed in over 1500 captive centers, there is no lack of talent in addition to the cost arbitrage achieved by setting up an R&D center in India. Over 20% of the R&D centers are driving their focus towards digital transformation. One such example is JC Penny’s digitalization initiatives being carried out from a center in Bengaluru.