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The next frontier for global business that plays to Singapore’s strengths
Global capability centres drive innovation and competitiveness, with India leading the charge.
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Relatively high-cost countries like Singapore, Canada and some eastern European countries could become hubs for Global Capability Centres.
ST PHOTO: KUA CHEE SIONG
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The drug company AstraZeneca’s Global Innovation and Technology Centre in the Indian city of Chennai has created a digital replica of the firm’s manufacturing facility in Sweden, accessed via virtual reality headsets.
It enables operators to learn about pharmaceutical production processes without entering a physical plant, leading to huge cost savings, easier scaling of skills and no material wastage.
