Versuchen GOLD - Frei

Culture most vital aspect of how you run a GCC: Tesco's Mitra

Mint Kolkata

|

April 03, 2025

We created a service model framework to streamline 700 Tesco processes to 10 Sumit Mitra CEO, Tesco Business Solutions

- Jas Bardia

Culture most vital aspect of how you run a GCC: Tesco's Mitra

Tesco Plc, one of the UK's largest retailers, was rocked by an accounting scandal and reported its worst annual loss in 2015. Its cash coffers were nearly empty, and there was a need to transform the business to get more cash.

Sumit Mitra, former BT Group managing director, was brought in by the British retailer in 2017 to head Tesco Business Solutions, the global capability centres (GCC). His sole mandate was to drive change. Today, the company has one of its oldest running GCCs in India and employs about 5,500 people at its Whitefield office in Bengaluru.

CEO Mitra spoke to Mint about Tesco's in-house centre and the work his company looks after for the parent firm (Tesco Plc). Tesco runs three other GCCs worldwide-in Budapest, Scotland, and Ireland-apart from the one in Bengaluru, employing up to 8,000 people, about 2.3% of its 338,000-strong workforce.

Edited excerpts:

What have been some of the defining trends of Tesco's GCC in India?

WEITERE GESCHICHTEN VON Mint Kolkata

Mint Kolkata

Mint Kolkata

The dollar is far from dead and the yuan is not staging a coup

Greenback doomsayers got it wrong. The dollar's reign is not over

time to read

3 mins

October 10, 2025

Mint Kolkata

Mint Kolkata

Sebi's Ananth Narayan steps down

Narayan headed market regulation and the department dealing with foreign investors.

time to read

1 min

October 10, 2025

Mint Kolkata

Mint Kolkata

Corporate governance needs to go well beyond mere compliance

Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own

time to read

3 mins

October 10, 2025

Mint Kolkata

Intel unveils new tech in turnaround push

Intel Corp., the embattled chipmaker now backed by the US government, introduced new products and manufacturing technology that are central to its turnaround bid.

time to read

1 min

October 10, 2025

Mint Kolkata

Shipbuilding stocks are likely to stay anchored

India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.

time to read

3 mins

October 10, 2025

Mint Kolkata

Silver ETFs fired up by scarcity, festivals

Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.

time to read

1 min

October 10, 2025

Mint Kolkata

Go First files plea against Air Works

Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.

time to read

1 min

October 10, 2025

Mint Kolkata

Mint Kolkata

Nestlé looks beyond Maggi, bets on India petcare boom

Nestlé SA sees India as a potential top-three global petcare market after the US and China

time to read

2 mins

October 10, 2025

Mint Kolkata

Mint Kolkata

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Kolkata

It is time to strengthen India-Afghanistan ties

An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power

time to read

2 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size