Tamil Nadu government has signed a memorandum of understanding with US-headquartered Walgreens to establish a global capability centre in Chennai, according to an official statement.

The MoU was signed at the Chennai Secretariat during an event organised by the Industries, Investment Promotion and Commerce Department, in the presence of Chief Minister Vijay.

The facility will be located at DLF Downtown in Taramani, along the newly announced OMR GCC corridor in Chennai.

The project is expected to generate employment for 250 people. The statement added that the agreement is aimed at enabling future expansion and marks the company’s first global capability centre.