Adidas Leases 45,000 Sq. Ft. Space for First GCC in India

24 Jun 2024 CW Team

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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..