Adidas expands global presence with cutting-edge centre in Chennai
Sportswear giant Adidas is gearing up to establish a cutting-edge Global Capacity Centre (GCC) in the heart of Chennai. This strategic move aligns with the growing trend among multinational corporations, recognizing India's rich pool of software expertise. Spearheading this initiative is Akhil Kapoor, GBS Global Procurement and Head of GBS India at Adidas.
The Global Business Services (GBS) hub is poised to be a pivotal player, focusing on critical processes such as source-to-pay (S2P), financial planning & analysis (FP&A), invoice-to-cash (I2C), and record-to-report. With an ambitious vision, Adidas aims to onboard top-notch talent, enriching the center with high-quality resources over the next five years.
This move by Adidas not only fortifies its global footprint but also marks a significant contribution to the burgeoning GCC ecosystem in Tamil Nadu. Chennai, in particular, is emerging as the ideal hub for such centers, boasting specialized skills at the intersection of technology and domain expertise, coupled with the ability to scale operations seamlessly.
Adidas joins the list of global corporations that have recently established their maiden centers in Tamil Nadu, including UPS, Hitachi Energy, ChampionX, JGC, Ashley, FleetCor, Sagent, and Udemy. This influx of international players underscores the state's attractiveness and enhances its stature as a thriving business destination.
Chennai's allure extends beyond the sportswear industry, as it hosts major players in diverse sectors. Retail giants Walmart and Amazon, have already established their centers in the city. As Adidas steps into the dynamic business landscape of Chennai, it not only enriches its operational capabilities but also contributes to the city's stature as a global business hub. The trajectory of multinational corporations setting up strategic centers in Tamil Nadu is indicative of the region's economic vibrancy and its pivotal role in the global business arena.