U.S.-based retail giant Costco Wholesale has made a significant entry into India by establishing a Global Capability Centre (GCC) in Hyderabad. The move marks the company’s first official operational presence in the country.
Hyderabad Chosen as Strategic Base
The newly set up centre in Hyderabad will function as a technology and research hub supporting Costco’s global operations. Rather than launching retail stores immediately, the company has chosen to begin its India journey through a strategic capability centre.
Focus on Technology and Digital Operations
The Hyderabad GCC will focus on key areas such as technology, data analytics, finance, and digital systems. The centre will work closely with Costco’s international teams, contributing to the company’s global business functions.
Employment and Expansion Plans
The facility is expected to initially employ around 1,000 professionals, with plans to expand operations over time. The development is anticipated to generate significant employment opportunities in the region.
Strengthening Hyderabad’s GCC Ecosystem
Costco’s decision further strengthens Hyderabad’s position as a preferred destination for multinational corporations establishing Global Capability Centres. The move reflects growing confidence in India’s skilled workforce and digital capabilities.
While no announcement has been made regarding retail store launches in India, the establishment of the GCC signals Costco’s long-term strategic interest in the Indian market.
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