Monday, 21 Sep 2026 Breaking: Xi Jinping to pay state visit to US from September 23 to 25: Chinese Foreign Ministry
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

World interest in India at all-time high, but competitiveness key to capitalise: Tata Steel CEO
Business
World interest in India at all-time high, but competitiveness key to capitalise: Tata Steel CEO

<p>New Delhi [India], September 21 (ANI): T V Narendran, Chief Executive Officer and Managing Director of Tata Steel Ltd...

"Today, we finalised deal": New Zealand PM Luxon on India-NZ FTA, says pact to be in force in October
Business
"Today, we finalised deal": New Zealand PM Luxon on India-NZ FTA, says pact to be in force in October

<p>New Delhi [India], September 21 (ANI): New Zealand Prime Minister Christopher Luxon on Monday said the India-New Zeal...

SK hynix launches Silicon Valley venture arm to invest in AI computing, data centre technologies
Business
SK hynix launches Silicon Valley venture arm to invest in AI computing, data centre technologies

<p>Seoul [South Korea], September 21 (ANI): South Korean memory chipmaker SK hynix has launched ‘SK hynix Ventures’, a c...

Dental Insurance for Children: Important Benefits Explained
Business
Dental Insurance for Children: Important Benefits Explained

<p>VMPL<br/>New Delhi [India], September 21: Dental or oral care is a crucial part of a child's health and hygiene. As c...

LSI Launches Qualifications Council at Corporate Governance & Investment Education Leadership Summit
Business
LSI Launches Qualifications Council at Corporate Governance & Investment Education Leadership Summit

<p>SMPL<br/>New Delhi [India], September 21: The London School of Investors (LSI), United Kingdom, has reinforced its po...

Tata Group stocks under pressure as Tata Trusts-Tata Sons rift deepens
Business
Tata Group stocks under pressure as Tata Trusts-Tata Sons rift deepens

<p>New Delhi [India], September 21 (ANI): Most Tata Group stocks remained under pressure during the early hours of Monda...