Urgent.News

What's breaking now, across thousands of outlets.

Business

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.

Starbucks plans global tech centre in India’s Chennai

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.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at freemalaysiatoday.com →

More in Business

US coffee chain Starbucks plans global tech centre in India

It will create roughly 800 technology jobs, the Tamil Nadu state government said.

  • Starbucks plans to establish a global capability centre in Chennai, India.
  • The new facility is expected to generate around 800 technology jobs.
  • Chennai is known for hosting tech centers of global corporations.

More from Monday 21 September →