Costco is finally coming to India — not with a store, but with tech power.
The US retail giant Costco is setting up its first Global Capability Centre (GCC) in Hyderabad, India. This centre will support Costco’s global technology and research teams.
Sources close to the plan said that the Hyderabad tech hub will begin with 1000 employees. Over time, the number is likely to grow.
Why India? Why now?
India is no longer just a back-office for global companies. Over the years, GCCs in India have evolved. They now handle important tasks like R&D, finance, tech, and daily operations.
Big names like JPMorgan Chase, Walmart, and Target already run major centres in Bengaluru. Hyderabad too is home to companies like McDonald’s, Heineken, and Vanguard. Costco is the latest to join the club.
Setting up in India gives companies like Costco access to talent, low costs, and a booming tech ecosystem.
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What is a GCC?
A Global Capability Centre is where companies run key business and tech work from outside their home country.
India has become a global favourite for such centres. A report by Nasscom and Zinnov says the market size of India’s GCC sector will grow from $64.6 billion in 2024 to nearly $105 billion by 2030.
That means more jobs, more tech work, and more global companies building in India.
What does this mean for Hyderabad?
Hyderabad has already proven itself as a strong tech city. With Amazon, Microsoft, Google, and now Costco, the city is becoming a global tech hotspot.
This move by the US retail giant Costco will boost local hiring, support tech talent, and grow the region’s role in global business.
The new centre is expected to work with teams across the world, solving real-time tech problems and building smart systems for retail operations.
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