Starbucks plans global tech centre in India’s Chennai
The global capability centre will create roughly 800 technology jobs, according to the Tamil Nadu state government.
US coffee giant Starbucks has entered into an agreement to establish a global capability centre (GCC) in Chennai, India. This will result in the creation of approximately 800 technology jobs. The Tamil Nadu state government announced this development on Monday. Starbucks currently operates around 500 cafes in India through a joint venture with Tata Consumer Products.
The company has not yet responded to inquiries regarding this announcement. This move follows a similar announcement made by US pharmacy chain Walgreens, which recently signed an agreement with the Tamil Nadu government to establish a GCC in the state's capital city. This follows Chennai already being home to tech centers of global corporations such as Citi, Barclays, and American Express.
GCCs have evolved to provide more than just low-cost back-office support. Today, these centers are utilized by global business groups to support headquarters through higher-value functions like finance, software development, research, and development.
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Also reported by 1 other outlet
- Starbucks plans global tech centre in India’s Chennai freemalaysiatoday.com