Adidas Expands Footprint in India: Global Capacity Centre Coming to Chennai

Adidas establishes its first Global Capacity Centre in Chennai, India, diversifying from China. The move, set to strengthen multinational investments in India, will be signed during the Global Investors Meet 2024. Akhil Kapoor leads the initiative, focusing on global shoe production, promising employment opportunities for Tamil Nadu's youth.
Adidas | Adidas
Adidas | Adidas
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Sportswear giant Adidas is establishing its first Global Capacity Centre (GCC) in Chennai, India, marking a significant move outside of China. The official agreement for this strategic development will be signed during the Global Investors Meet 2024 at the Nandambakkam Trade Centre in Chennai on January 7 and 8.

Chennai
Chennai

Strengthening India's Position in Global Investments

As global companies increasingly leverage software and technology capabilities in India, Adidas's move to set up the GCC in Chennai is expected to strengthen multinational investments in the region.

Leadership Role for Akhil Kapoor

Akhil Kapoor, Vice President of GPS Global Procurement and President of GPS India, will play a crucial leadership role in driving the operations of the GCC.

Boost to Local Employment

Scheduled to commence operations in the coming months, the GCC will focus on producing shoes for global export, providing employment opportunities for the youth of Tamil Nadu.

Global Expansion and Local Commitment

Adidas, headquartered in Bavaria, Germany, already has capacity centers worldwide. This move underscores the brand's commitment to expanding its global footprint and tapping into India's diverse talent pool and economic potential.

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