Friday, 02 Oct 2026 Breaking: 51-year-old US Energy Dept official arrested for allegedly aiding Yemen's Houthis
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Starbucks to open Global Capability Centre in Chennai; 800-plus jobs expected

Starbucks to open Global Capability Centre in Chennai; 800-plus jobs expected

Chennai (Tamil Nadu) [India], September 21 (ANI): US-based coffeehouse chain Starbucks is set to establish its first Global Capability Centre (GCC) in India in Chennai, a move expected to create over 800 high-paying technology jobs in the state.
As per the release, Starbucks signed a Memorandum of Understanding (MoU) for the project on Monday in the presence of Chief Minister C. Joseph Vijay.
The project is expected to create 800 high-paying jobs for technology professionals, according to the state’s Industries, Investment Promotion and Commerce Department.
The facility will mark Starbucks’ first Global Capability Centre (GCC) in India and will operate independently of its retail joint venture with Tata Consumer Products in the country.
Speaking at the MoU signing event, Starbucks Chief Technology Officer Thiru. Anand Varadarajan said India is very important for the company. He further added, “Chennai has abundant skilled tech talent, employees here tend to stay longer with companies (less attrition), the state has excellent infrastructure, and the incentives offered by the Tamil Nadu government will help in finding new solutions and growing the business.”
The development comes shortly after another US major announced plans to establish a GCC in Tamil Nadu. US-based healthcare and pharmacy services company Walgreens is setting up its first Global Capability Centre in India in Chennai, with plans to create over 250 high-value jobs in the first year and expand operations in the coming years.
Walgreens India Private Limited signed an MoU with the Tamil Nadu government in the presence of Chief Minister C. Joseph Vijay at the Secretariat. The new GCC will be located at the DLF Downtown complex in Taramani, along the newly announced OMR GCC Corridor, according to an official release.
Welcoming the move, Virudhai Magal Keerthana, Minister for Industries & Investment Promotion, Govt of Tamil Nadu said, “Partnerships like this reinforce Chennai’s position as a destination for global companies to build, innovate and scale.”
“With 250+ jobs expected in the first year and further expansion planned, this investment is another strong endorsement of Tamil Nadu’s technology talent, healthcare ecosystem and growing global capabilities,” she said in a social media post on X. (ANI)

Tags

Related News

Canada eyes $70 billion trade with India in 5 years, says Trade Minister Maninder Sidhu
Business
Canada eyes $70 billion trade with India in 5 years, says Trade Minister Maninder Sidhu

<p>Milwaukee [US], October 2 (ANI): Canada and India are aiming to scale their bilateral trade from USD 30 billion to US...

Powering Maharashtra's trillion-dollar goal: Pranav Adani highlights Rs 6 lakh crore blueprint
Business
Powering Maharashtra's trillion-dollar goal: Pranav Adani highlights Rs 6 lakh crore blueprint

<p>Mumbai (Maharashtra) [India], October 2 (ANI): The Adani Group has reaffirmed its commitment to Maharashtra, outlinin...

Strengthening regulation, market reforms vital for India's energy security: Rajiv Gauba
Business
Strengthening regulation, market reforms vital for India's energy security: Rajiv Gauba

<p>New Delhi [India], October 1 (ANI): Former Cabinet Secretary and NITI Aayog member Rajiv Gauba has called for stronge...

PFRDA expects 2-3 crore new NPS subscribers over next two years
Business
PFRDA expects 2-3 crore new NPS subscribers over next two years

<p>New Delhi [India], October 1 (ANI):  Pension regulator PFRDA expects 2-3 crore new subscribers to join the National P...

Piyush Goyal holds bilateral meeting with Australia’s Trade Minister Don Farrell on G20 sidelines
Business
Piyush Goyal holds bilateral meeting with Australia’s Trade Minister Don Farrell on G20 sidelines

<p>Milwaukee [US], October 1 (ANI): Union Commerce and Industry Minister Piyush Goyal on Thursday (local time) held a bi...

US manufacturing index expands for ninth straight month, but price pressures surge in September
Business
US manufacturing index expands for ninth straight month, but price pressures surge in September

<p>Washington [US], October 1 (ANI): US manufacturing activity remained in expansion territory for the ninth consecutive...