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.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

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.

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