Walmart to Set Up Hub in Chennai Soon.

Walmart has signed a deal for a second office space in Chennai, signaling the city's growing importance as a technology hub alongside its established reputation as a manufacturing center.

The move comes as global companies increasingly establish local hubs in India to support operations in areas such as research and development, cybersecurity, and day-to-day business functions. This trend has driven strong demand for commercial real estate in cities like Bengaluru, Hyderabad, and Pune.

Chennai, once primarily known for its manufacturing base, is now attracting major multinational corporations including AstraZeneca, UPS, and Pfizer, as it transforms into a key destination for tech and innovation centers.

HBL