Mumbai : Alsbridge Inc., the world’s leading outsourcing consultancy organization, has announced the setting up of its first global-in-house ‘captive’ center in Bangalore India. The key value-add of the center includes knowledge process outsourcing (KPO) for its various business services as well as software development & support. Alsbridge was ranked #1 outsourcing consulting firm in the world by the IAOP in 2012 based on the value delivered to their clients. Alsbridge’s outsourcing consulting practice advised on over $ 5billion in outsourcing contract value. Alsbridge has consistently ranked in the top five over the last six years.

“Setting up our entity in Bangalore, India, is a strategic decision for Alsbridge. We are confident that we can leverage the immense talent that India offers to make our global service more competitive in the years to come. ” said Chip Wagner CEO, Alsbridge Inc. The US-headquartered firm has already received approvals for its Indian subsidiary and is in the process of setting up the organization with the help of its local partner- CaptiveAide – a firm that specializes in helping multinational corporations set up and build their India entities.

“We are delighted at this news and we welcome Alsbridge to India. We commend their decision to set up a global in house center (GIC) and we are confident that they will benefit immensely from this decision”, said K S Vishvanathan Head GIC Initiatives of NASSCOM.

Alsbridge’s GIC (captive) entry adds to a long list of multinational companies that have set up their own entities in India.  These entities benefit in many ways including de-risking of outsourcing, low cost innovation, direct control over results, developing global leadership talent and access to local markets.