Prøve GULL - Gratis
Culture most vital aspect of how you run a GCC: Tesco's Mitra
Mint New Delhi
|April 03, 2025
We created a service model framework to streamline 700 Tesco processes to 10 Sumit Mitra CEO, Tesco Business Solutions

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?
Denne historien er fra April 03, 2025-utgaven av Mint New Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi
US energy giants eye India LNG network
US energy giants Exxon-Mobil Corp. and Chevron Corp. are eying entry into India's LNG infrastructure business, including terminals and pipelines, said two people in the know, even as the two nations look to thrash out differences over New Delhi's Russian oil imports.
3 mins
October 01, 2025

Mint New Delhi
Will Tata Steel's Dutch pact help cut its emissions?
Tata Steel signed a pact with the Netherlands government on Monday to receive up to €2 billion aid to cut emissions at its Dutch facility.
2 mins
October 01, 2025
Mint New Delhi
Oil giant IOC eyes green shift
Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.
2 mins
October 01, 2025

Mint New Delhi
April-August fiscal gap rises to ₹5.98 tn
India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.
2 mins
October 01, 2025

Mint New Delhi
TaMo aims to drive down Iveco costs, open new roads
Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles
2 mins
October 01, 2025

Mint New Delhi
Nestlé India inks MoU with govt to push food sector investment
FMCG major Nestlé India on Tuesday said it has signed a memorandum of understanding (MoU) with the government to expedite investments in the food industry.
1 min
October 01, 2025
Mint New Delhi
Reits revolution: own a slice of malls, offices with just ₹500
Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.
2 mins
October 01, 2025
Mint New Delhi
How Indians get a passport to global markets via GIFT
Global access GIFT City outbound funds offer international exposure
2 mins
October 01, 2025
Mint New Delhi
Poonawalla eyes RCB at $1-1.2 bn valuation
Adar Poonawalla, owner of the vaccine maker Serum Institute, is evaluating a deal to buy the Indian Premier League team Royal Challengers Bengaluru at a valuation of up to $1-1.2 billion, a person directly aware of the development said.
1 mins
October 01, 2025
Mint New Delhi
Demand for offices stays strong: C&W
Net leasing of office spaces increased 35% across eight major cities during the JulySeptember period to 16.25 million sq. ft on better demand from domestic and overseas companies, according to Cushman & Wakefield (C&W).
1 min
October 01, 2025
Listen
Translate
Change font size