Which American company signed a Memorandum of Understanding (MoU) with the Telangana State Government for the establishment of its Global Capability Centre (GCC)?

The Correct Answer is ​McDonald’s.

In News

• Telangana signs MoU with McDonald’s to establish Global Capability Centre in Hyderabad.

Key Points

• Telangana State Government signed a Memorandum of Understanding (MoU) with McDonald’s for the establishment of its Global Capability Centre (GCC) in Hyderabad.
• The MoU was signed in the presence of Chief Minister A Revanth Reddy and McDonald’s Chairman & CEO Chris Kempczinski.
• Hyderabad was chosen over other cities for McDonald’s GCC, due to its talent pool and a superior business environment.
• The centre will initially employ 2,000 people, contributing to the state’s industrial growth and employment generation.
• Chief Minister A Revanth Reddy emphasized Telangana’s skilling initiatives and encouraged McDonald’s to collaborate with the Young India Skills University for training employees for its GCC and restaurant operations.