US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say-February 2024-www.financetom.com

US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say

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US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say

Jul 21, 2025 11:32 AM

By Rishika Sadam and Sai Ishwarbharath B

HYDERABAD/BENGALURU, July 21 (Reuters) - U.S. retailer

Costco Wholesale Corp ( COST ) will open its first global

capability centre (GCC) in India in Hyderabad, two people

familiar with the plans told Reuters.

The centre will initially employ 1,000 people and scale up

eventually, sources said.

Costco did not immediately respond to Reuters request for a

comment.

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