SuperValu to set up IT operations in Bangalore

Business Standard and The Hindu Business Line report that US based SuperValu, a $44 billion company and the third largest grocery chain in the country will be starting operations in Bangalore to support its IT requirements. The company will be investing $50 million (Rs. 230 crore) in the next five years. The Indian division, SuperValu Services India (SSI) will employ 50 people, eventually growing to 300 IT professionals in the next 12-18 months, which will be supported by 1,800 associates at three different locations in the US. In the past, SuperValu has worked with Indian vendors such as TCS, Infosys, Wipro and IBM and hopes to continue working with them despite having their own set up.