BUSINESS

UK retail chain Tesco to move 350 IT jobs to India

Source:PTI
July 21, 2003 18:36 IST

Tesco, the largest retail chain in the UK, announced on Monday that it was moving 350 highly-skilled jobs in information technology to India and setting up a new high tech development centre in Bangalore.

The firm announced in a statement here the creation of around 3500 new jobs in several different areas, which includes transfer of 350 highly-skilled positions in IT to India.

To support the growing areas and the rest of the business, Tesco is also announcing the development of a new high tech centre focused on IT and developing common business support processes, Tesco India Managing Director G Shankar said.

The centre would be located in Bangalore, where Tesco already has a non-food sourcing team. It would be operational by the middle of next year, the statement said.

Source: PTI
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