ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Adidas Leases 45,000 Sq. Ft. Space for First GCC in India
ECONOMY & POLICY

Adidas Leases 45,000 Sq. Ft. Space for First GCC in India

Adidas has finalised a lease agreement for 45,000 square feet of space in Chennai, where it plans to establish its first Global eCommerce Center (GCC) in India. This strategic move underscores Adidas's commitment to enhancing its digital footprint and operational capabilities in one of the country's key metropolitan areas.

The new GCC will serve as a hub for Adidas's digital commerce operations, focusing on enhancing customer experiences, optimising supply chain efficiencies, and driving digital innovation. It represents a significant investment in India's digital economy and aligns with Adidas's global strategy to strengthen its online presence and capabilities.

Chennai was chosen for its strategic location, robust infrastructure, and skilled talent pool, offering favourable conditions for establishing and scaling up the GCC. The centre is expected to play a pivotal role in Adidas's growth trajectory in the region, catering to the increasing demand for online shopping experiences and personalised services.

The establishment of the GCC in Chennai reflects Adidas's confidence in India's market potential and its commitment to leveraging local resources and talent for sustainable business expansion. It also signifies the company's proactive approach to adapting to evolving consumer preferences and digital trends in the retail industry.

Overall, the initiative is poised to stimulate economic growth, create job opportunities, and further strengthen Adidas's market position in India's dynamic and rapidly growing eCommerce landscape.

Adidas has finalised a lease agreement for 45,000 square feet of space in Chennai, where it plans to establish its first Global eCommerce Center (GCC) in India. This strategic move underscores Adidas's commitment to enhancing its digital footprint and operational capabilities in one of the country's key metropolitan areas. The new GCC will serve as a hub for Adidas's digital commerce operations, focusing on enhancing customer experiences, optimising supply chain efficiencies, and driving digital innovation. It represents a significant investment in India's digital economy and aligns with Adidas's global strategy to strengthen its online presence and capabilities. Chennai was chosen for its strategic location, robust infrastructure, and skilled talent pool, offering favourable conditions for establishing and scaling up the GCC. The centre is expected to play a pivotal role in Adidas's growth trajectory in the region, catering to the increasing demand for online shopping experiences and personalised services. The establishment of the GCC in Chennai reflects Adidas's confidence in India's market potential and its commitment to leveraging local resources and talent for sustainable business expansion. It also signifies the company's proactive approach to adapting to evolving consumer preferences and digital trends in the retail industry. Overall, the initiative is poised to stimulate economic growth, create job opportunities, and further strengthen Adidas's market position in India's dynamic and rapidly growing eCommerce landscape.

Next Story
Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Next Story
Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Next Story
Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement