Between January 2008 and December 2010, 37 new captives were set up and 21 announced significant expansion, whereas 13 were divested.

Multinational companies (MNCs) with captive units in India seem less interested than they earlier were in selling these off; instead, they seem to want to set up more.

According to a study done by the Everest Group, the number of captive set-ups in India has gone up. Between January 2008 and December 2010, 37 new captives were set up and 21 announced significant expansion, whereas 13 were divested.