
Walmart Increasing Tech Presence In India With Chennai Office Deal
CHENNAI – Walmart has signed a deal for a second office space here, which is fast emerging as a major technology.
Walmart has leased an area of over 465,000 square feet – roughly the size of eight football fields – for an initial period of five years, starting this November, reported Reuters on April 16.
Although Walmart does not run supermarkets in India yet, it has tech offices in cities such as Chennai and Bengaluru. The Bengaluru office, which employs 8,000 workers, is its biggest tech hub globally.
Chennai, traditionally known for being a manufacturing hub, is now seeing global corporate interest in setting up tech hubs from major companies such as AstraZeneca, UPS, and Pfizer.
Global companies are increasingly setting up local hubs in India to support their daily operations, in cities such as Bengaluru, Hyderabad, and Pune.–