Hyderabad, June 14 2022: Advance Auto Parts, a leading automotive aftermarket parts provider and a Fortune 500 company headquartered in North Carolina, inaugurated its Global Capability Centre (GCC) in Hyderabad yesterday.
The centre will act as a hub of innovation, providing critical transformational support and automotive solutions across IT, Digital, Finance, and Human Resources, for its North American markets. It was inaugurated by K. T. Rama Rao, Minister of Municipal Administration and Urban Development of Telangana, in the presence of Jayesh Ranjan, Secretary, Information Technology (IT); Government of Telangana, Tom Greco, President & Chief Executive Officer, Advance and Mahender Dubba, Managing Director, Advance GCC India.
Advance is one of the largest players in the automotive aftermarket parts industry in North America. With the objective to identify synergies and build shared capabilities to support the company’s growth and transformation, the GCC was strategically set up in Hyderabad, India.
Advance Auto Parts GCC will be the epicenter of shared capabilities with 65,000 sq. ft. oﬃce space which employees over 450 employees and 150+ partner resources.As part of the India commitment, the brand will significantly increase its domestic employee base over by 2025.
The facility in Hyderabad is the second largest Software Development Center for Advance Auto Parts in the world and the largest outside of its Headquarters in Raleigh, North Carolina, USA.
Said Tom Greco, President & Chief Executive Officer, Advance: “GCC centres in India over the last decade have risen in importance and relevance, owing to its unique ecosystem such as academia, start-ups, service providers, industry bodies, abundance of talent and conducive government policies. Setting up a GCC in India, was a strategic move to support Advance’s transformational journey by leveraging India’s talent powerhouse to deliver efficient solutions for complex process, participate in innovation programs, and develop digital capabilities.”
Added Mahender Dubba, Managing Director, Advance GCC India: “Referred to as the ‘Global GCC Capital’, with a 50% share of the global GCC market, GCCs in India have moved up the value chain from providers of low-cost routine services to centers of excellence. Leveraging this opportunity, the GCC in India, an integral part of the global organization, has been set up to unlock operational efficiencies, and increase levels of collaboration.”