Starbucks (SBUX.US) is implementing the technology of "insourcing" and plans to establish its first technology center in India to reduce costs by $2 billion.

According to the Financial Intelligence APP, Starbucks (SBUX.US) plans to open a technology office in India, as the coffee chain seeks to reduce costs by $2 billion. The new center is scheduled to be operational in the fiscal year 2027, which starts in October. This will be Starbucks' first corporate office in India, and the company expects to start recruiting locally after finalizing the location later this year.