MARKETS / COMPANIES / ECONOMYRSS edition ↗
Equity Scope
Market News

Costco eyes broader India tech footprint as AI bets grow

SENSEX 81,415.77 -495.24 NIFTY 25,209.85 -89.50 CRUDEOIL 8,309.00 + 9.00 GOLD 137,368.00 + 1,143.00 SILVER 179,836.00 + 1,112.00 SENSEX 81,415.77 -495.24 NIFTY 25,209.85 -89.50 NIFTY 25,209.85 -89.50 CRUDEOIL 8,309.00 +…

Costco eyes broader India tech footprint as AI bets grow
SENSEX 81,415.77

 -495.24

NIFTY 25,209.85

 -89.50

CRUDEOIL 8,309.00

+ 9.00

GOLD 137,368.00

+ 1,143.00

SILVER 179,836.00

+ 1,112.00

SENSEX 81,415.77

 -495.24

NIFTY 25,209.85

 -89.50

NIFTY 25,209.85

 -89.50

CRUDEOIL 8,309.00

+ 9.00

CRUDEOIL 8,309.00

+ 9.00

GOLD 137,368.00

+ 1,143.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

The Hyderabad center, with over 70 employees, supports global operations and is expected to grow to several hundred staff in 5–6 years, says Costco CIO Javier Polit

By Reuters

Updated - November 13, 2026 at 09:42 AM. | HYDERABAD

US retailer Costco sees room to expand its technology presence in India beyond ​Hyderabad as it accelerates international growth, with its first global ‌capability centre playing a key role in artificial ​intelligence and cybersecurity, a top executive said.

The ⁠Hyderabad centre, which employs more than 70 people, supports global operations and is expected to grow to several hundred staff over ‌the next five to six years, Javier Polit, Costco’s chief information and digital officer, ‌told Reuters on Thursday. He did not give a ‌specific ⁠hiring target.

“We’re going to grow our business ⁠internationally at a greater velocity than we have been in the past. So there’ll be more presence in this geography for sure,” ​Polit said, adding that India ‌was already playing a key role in the retailer’s growth plans.

AI has delivered productivity gains of up to 60% in some technology projects, Polit said, prompting ‌Costco to build more tools in India for ​global deployment, including a Hyderabad-developed geofencing tool that identifies customers approaching stores to speed check-in and ⁠checkout.

The Hyderabad centre will also support data and analytics, business software and digital advertising operations, Polit said.

Over time, Costco ‌expects the mix of its technology workforce to shift to about 75% employees and 25% contractors, from roughly an even split today, as it builds more in-house engineering and technology capabilities, Polit said.

Costco set up its Hyderabad GCC with support from consulting firm ANSR, ‌a move Reuters reported last year could eventually employ about 1,000 ​people.

Global capability centres, once used mainly by multinationals to cut costs, now drive higher-value work ⁠in areas such as technology, finance, product development and research.

Costco, one ⁠of the world’s largest retailers, operates a membership-only warehouse club business across North America, Europe and Asia. ‌The company has built a loyal customer base through its low-price, bulk-buying model and has continued ​to expand globally amid resilient consumer demand.

Published on November 13, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!
  • Access 10 free stories per month
  • Get notified by email for early preview to new features, discounts & offers
Source: The Hindu BusinessLine — Info-tech ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.