New Delhi: US-based pharmacy chain Walgreens plans to establish ​a new Global Capability ‌Centre (GCC) in Chennai, the capital of the southern Indian state ​of Tamil Nadu.

A ​pact with Walgreens India is ⁠expected to create more ​than 250 jobs in ​its first year, the statement said.

The GCC will focus on technology ​and business services, ​with further expansion planned in subsequent ‌years, ⁠it added.

Global giants such as Citi, Barclays and American Express already operate tech ​centres ​in ⁠Chennai.

GCCs have moved beyond low-cost back-office support, ​with companies using ​these ⁠centres to support headquarters through higher-value functions including finance, ⁠software ​development and ​R&D.

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Article Source : Reuters

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