Sanofi Healthcare India is expanding its Global Capability Center (GCC) in Hyderabad, in India's southern state of Telangana, by adding 270,000 sq. ft. of workspace. The new space adds to the 280,000 sq. ft. announced less than two years ago, underscoring Sanofi’s commitment to India This expansion increases the French...
Qualcomm India Designs a 2 nanometer Chip
Qualcomm Technologies announced the successful tape-out of its 2-nanometer chip design, developed through its engineering centers in Bangalore, Chennai, and Hyderabad. Qualcomm Incorporated is an American multinational corporation headquartered in San Diego, California. It creates semiconductors, software and services related to wireless technology. The company said the milestone highlights the...
IKEA Plans “Second Wave”of Growth in India with $1.26 Billion Investment
Swedish furniture giant IKEA is launching a major new phase of expansion in India, having already invested over $1.26 billion since 2018. Patrik Antoni, CEO of IKEA India, described this “second wave” as a push toward faster growth through enhanced local sourcing, improved logistics, and a stronger omni-channel strategy. 🛒...
Eli Lilly Launches $180M Tech Hub in India to Drive Global Innovation
Indianapolis, Indiana-headquartered Eli Lilly inaugurated a new technology and innovation center in Hyderabad, India, marking an expansion of its global digital capabilities. The site will serve as a hub focused on artificial intelligence, automation, cloud computing, and software engineering. The Hyderabad center has already hired 100 professionals and plans to...
Best Buy Expands India Tech Workforce Amid Growing GCC Trend
Headquartered in Richfield, Minnesota, U.S. electronics retailer Best Buy is expanding its India-based workforce, primarily to bolster its digital and technology capabilities. The company currently employs close to 350 people at its Global Capability Center (GCC) in Bangalore, with plans to increase that number to approximately 500 in the coming...
Visteon Corporation Expands Footprint in India
Van Buren Township, MI-headquartered Visteon Corporation launched its new Global Capability Center in Kolkata, signifying its intention to leverage India's increasing contribution to the global advancement of automotive technologies. The center aims to accommodate 300 engineers by the end of 2026, with plans to expand to over 500 engineers within...