{"id":5055,"date":"2025-01-29T08:46:57","date_gmt":"2025-01-29T13:46:57","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5055"},"modified":"2025-01-29T08:46:57","modified_gmt":"2025-01-29T13:46:57","slug":"sonoco-to-launch-global-capability-centre-in-hyderabad","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5055","title":{"rendered":"Sonoco to launch global capability centre in Hyderabad"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure class=\"article-image__container\">\n                                    <picture><source media=\"(min-width: 990px)\" srcset=\"https:\/\/www.packaging-gateway.com\/wp-content\/uploads\/sites\/16\/2025\/01\/Pack-5-Sooco-shutterstock_2341224445-770x433.jpg\"\/><source media=\"(min-width: 430px)\" srcset=\"https:\/\/www.packaging-gateway.com\/wp-content\/uploads\/sites\/16\/2025\/01\/Pack-5-Sooco-shutterstock_2341224445-940x528.jpg\"\/>\n                                    <\/picture><figcaption class=\"c-featured-image__description\">The centre is set to become operational by May. Credit: JHVEPhoto via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n<p class=\"drop-cap\">Sustainable packaging solutions provider Sonoco plans to establish its first global capability centre (GCC) in Hyderabad within Telangana, India.<\/p>\n<p>            <!-- sponsored-whitepaper sponsored hidden sponsored-with-form --><\/p>\n<p>The centre, formally named the Sonoco Performance Hub (SPH), represents a strategic initiative for the 125-year-old Fortune 500 company, which boasts annual revenues of $7bn to $8bn.<\/p>\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/city\/hyderabad\/packaging-co-sonoco-to-set-up-gcc-in-hyd\/articleshow\/117650186.cms\" target=\"_blank\">The<em> Times of India<\/em><\/a> has reported that the company plans to invest up to $10m in the first phase of the SPH.<\/p>\n<p>Over the next 12-18 months, Sonoco aims to recruit approximately 300 engineers, with a longer-term goal of hiring 500 technology professionals within three years.<\/p>\n<p>The chosen location for the SPH is near an IKEA store in HITEC City, a major technology township in Hyderabad.<\/p>\n<p>Operations at the new facility are anticipated to begin by May this year.<\/p>\n<p>Sonoco vice-president and CIO Rajeev Ankireddypalli was quoted by the news agency as saying: \u201cThrough the SPH we aim to drive operational excellence through digital services.<\/p>\n<p>\u201cWhile we\u2019re starting with technology services focused on process automation and innovation, our vision is to expand our capabilities as a true GCC to make this a comprehensive capability centre for other business processes as well.\u201d<\/p>\n<p>Rajeev further added that Sonoco has a technology team of 700 within a global workforce of 30,000.<\/p>\n<p>Last month, Sonoco <a href=\"https:\/\/www.packaging-gateway.com\/news\/sonoco-3-9bn-acquisition-eviosys\/\" target=\"_blank\">concluded the acquisition<\/a> of Eviosys, a European metal packaging company.<\/p>\n<p>The deal is part of Sonoco\u2019s portfolio transformation strategy, designed to drive long-term growth and value creation.<\/p>\n<p>            <!-- sponsored-whitepaper sponsored hidden sponsored-with-form --><\/p>\n<p>            <!-- Newsletter banner start --><\/p>\n<p><!-- <link rel=\"stylesheet\" href=\"\"> --><\/p>\n<div class=\"grid-container\">\n<section class=\"gdm-newsletter-banner__container\">\n<div class=\"grid-x gdm-newsletter-banner__wrapper-container gdm-newsletter-banner__wrapper-container--article\">\n<div class=\"cell large-9 gdm-newsletter-banner-info__wrapper\">\n<div class=\"gdm-newsletter-banner-logo__container\">\n                    <img decoding=\"async\" src=\"https:\/\/www.packaging-gateway.com\/wp-content\/themes\/goodlife-wp-B2B\/assets\/images\/newsletter-new.svg\" alt=\"Email newsletter icon\"\/>\n                <\/div>\n<p><h3 class=\"gdm-newsletter-banner__heading wp-noreslt\">Sign up for our daily news round-up!<\/h3>\n<h3 class=\"gdm-newsletter-banner__sub-heading\">Give your business an edge with our leading industry insights.<\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<p><!-- Newsletter banner end --><\/p>\n<footer class=\"article-footer\">\n                                <!-- article-actions start --><\/p>\n<p><!-- .gdm-article-actions -->                                <!-- article-actions end --><br \/>\n                            <\/footer>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.packaging-gateway.com\/news\/sonoco-launch-hyderabad-gcc\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The centre is set to become operational by May. Credit: JHVEPhoto via Shutterstock. Sustainable packaging solutions provider Sonoco plans to establish its first global capability centre (GCC) in Hyderabad within Telangana, India. The centre, formally named the Sonoco Performance Hub (SPH), represents a strategic initiative for the 125-year-old Fortune 500 company, which boasts annual revenues [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[501],"class_list":["post-5055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news","tag-packaging-containers-and-components"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/5055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5055"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/5055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/5056"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}