00:00Starbucks is planning a new tech center in Chennai.
00:02The company signed an agreement with Tamil Nadu.
00:05The center will hire about 800 technology workers.
00:08Starbucks already has around 500 cafes in India.
00:11The cafes operate through its Tata joint venture.
00:15Chennai is a major global tech hub in India.
00:17It holds roughly one-tenth of India's GCC base.
00:21India has more than 2,100 global capability centers.
00:24These centers employ about 2.36 million people.
00:28They generate nearly $100 billion in revenue.
00:31Starbucks cited Chennai's skilled technology workforce.
00:34The company also highlighted strong local infrastructure.
00:38Lower employee turnover was another factor cited.
00:41The investment amount has not been disclosed.
00:44Chennai already hosts centers for major global companies.
00:47These include Citi, Barclays, and American Express.
00:50GCCs now support higher-value business functions.
00:53Those include software development and research.
00:55They also provide finance and corporate support.
00:59Starbucks' move adds to Chennai's growing tech sector.
01:02Disclosure.
01:03This video contains stock footage and content created or enhanced using AI-assisted tools.
Comments