Global In-House Center (GIC)
A Global In-House Center (GIC), also known as a Captive Center or Global Capability Center (GCC), is a dedicated offshore or nearshore subsidiary or center established by a multinational corporation to perform specific business functions or services. GICs are typically located in countries with lower operating costs but have access to a pool of skilled talent. These centers are wholly owned and operated by the parent company and serve as extensions of its global operations, providing services such as IT services, research and development, business process outsourcing, and shared services.