Walmart Labs to rent 2,50,000 sq ft office space in Chennai
The deal is likely to be signed in near future
Walmart Labs is leasing 2,50,000 sq-ft of office space on lease in Chennai, Tamil Nadu, as the technology arm of the company looks to enhance its headcount and drive more innovation from India.
The upcoming facility at the RMZ Millenia business park can accommodate at least 2,500 employees. Walmart Labs presently employs around 2,000 people in India.
The deal is likely to be signed in near future.
The company has technology operations in Bengaluru, Karnataka and is driving more product ownership out of India for its global operations.