BusinessQuiet 5d · day 5
Starbucks to establish global tech center in Chennai with 800 jobs
The coffee chain joins a wave of US companies opening capability centers in India's tech hub.
What to know
- Starbucks will establish a global capability centre in Chennai with ~800 technology jobs in the first phase, joining firms like Citi, Barclays, and American Express already operating there.
- The announcement follows Walgreens' similar GCC deal with Tamil Nadu days earlier, reflecting a broader trend of US companies shifting tech work to India.
- India hosts over 2,100 GCCs employing 2.36 million people and generating ~$100 billion in revenue, making it the world's largest hub for such centers.
“US coffee chain Starbucks has signed a pact to set up a global capability centre (GCC) in the southern Indian city of Chennai and hire roughly 800 technology professionals”
Tamil Nadu state government, State authority · Reuters ↗
Starbucks US coffee chainAnand Varadarajan Starbucks technology chiefTamil Nadu state government Indian state authority
How it unfolded 1 development · click the chart to see its coverage articles
Sep 22Sep 23Sep 24yesterdaynow · 2:27 PM ET
-
1
“The availability of a skilled workforce, lower attrition and good infrastructure would help the coffee chain…”
— Anand Varadarajan -
first by Investing.com News, 5d ago · also Channel News Asia, Reuters, Yahoo Finance
3 more headlines
- Starbucks to open global tech center in India- Reuters Investing.com News · 5d ago
- US coffee chain Starbucks plans global tech centre in India Channel News Asia · 5d ago
- Starbucks Plans Global Capability Centre in India, Reuters Reports Yahoo Finance · 5d ago
-