Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub. Global companies are increasingly setting up local hubs in India to support their daily operations, research and development and cybersecurity, which has benefitted commercial real estate developers in cities such as Bengaluru, Hyderabad and Pune. Chennai, traditionally known for being a manufacturing hub, is now seeing global corporate interest in setting up tech hubs, from major companies such as AstraZeneca, UPS and Pfizer.Read More
Walmart boosts tech presence in India with Chennai office deal, document shows
