Market Chatter: Starbucks to Set Up Global Capability Center in India

03:33 AM EDT, 09/21/2026 (MT Newswires) -- Starbucks (SBUX) is looking to establish a global capability center in India, eyeing the southern tech hub of Chennai, Reuters reported Monday, citing a government source. The move is expected to create 800 jobs in the first phase, the media outlet added. Starbucks did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)