By Praveen Paramasivam
CHENNAI, Sept 21 (Reuters) – US coffee chain Starbucks plans to set up a global capability centre (GCC) in the southern Indian city of Chennai, creating roughly 800 jobs in the first phase, a government source said on Monday.
Starbucks, which has roughly 500 cafes in India through its joint venture with Tata Consumer Products, did not immediately respond to a request for comment.
The move comes days after US pharmacy chain Walgreens signed a pact with the Tamil Nadu state government to establish a GCC in its capital Chennai, already home to tech centres of global corporates including Citi, Barclays and American Express.
GCCs have moved beyond low-cost back-office support, with global business groups using these centres to support headquarters through higher-value functions such as finance and software development as well as research and development.
(Reporting by Praveen Paramasivam in Chennai and Haripriya Suresh in Bengaluru; Editing by Janane Venkatraman)
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