Costco Wholesale Corporation announced plans to open its first global capability center (GCC) in Hyderabad, India. This strategic investment is projected to create employment opportunities for 1,000 people in the region.
The establishment of a GCC in India signifies Costco's commitment to expanding its global operational footprint and leveraging international talent. Such centers typically enhance capabilities in areas like technology, analytics, and back-office support, driving efficiency across worldwide operations.
This initiative is expected to support Costco's long-term growth objectives by providing a centralized hub for various business functions. The investment in Hyderabad underscores the company's strategy to optimize its global infrastructure and talent pool.
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