US coffee chain Starbucks plans global tech centre in India, source says
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.
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.
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