Technology and India Are Critical in Journey to USD 100 Billion Company

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    Bengaluru, Karnataka, India:
     Lowe’s India as we speak introduced its dedication to make investments $1 million over the following three years in upskilling packages for native communities. These packages will deal with STEM studying, digital abilities and applied sciences in the sustainable vitality house, amongst others. As a part of this dedication, Lowe’s will accomplice with IIT Dharwad this yr to upskill greater than 300 underserved youth, innovators, entrepreneurs and academics and equip them with futuristic applied sciences.

     

    On his first go to to India, Lowe’s Chairman and CEO Marvin Ellison emphasised the corporate’s dedication to its heart in India and the native communities. He shared that expertise and the groups in India proceed to play a pivotal function in the corporate’s journey to change into a $100 billion omnichannel retailer.

     

    Today’s upskilling announcement builds on Lowe’s dedication to its India operations. In March 2022, Lowe’s India introduced the growth of its operations with a second workplace in Bengaluru to help its workforce, which grew by 60 % through the pandemic. This growth allows Lowe’s India associates to proceed to develop and present distinctive capabilities throughout engineering, analytics, synthetic intelligence, machine studying, product administration, merchandising and finance features.

     

    “Technology has been a critical element in Lowe’s transformation, and our team in India has played a pivotal role in driving growth,” mentioned Seemantini Godbole, Lowe’s government vp, chief digital and data officer. “2021 marked our centennial, and as I look forward to the next 100 years for Lowe’s, we will continue to address the issues most important to our customers, our communities, our associates and our planet. We recognize that just as technology continues to enable our business growth, it also presents possibilities to do good. Lowe’s is committed to enabling the next generation with the right skills to support themselves, their families and the environment.”

     

    “The Lowe’s India team has been delivering cutting-edge technology products and business solutions to support our omnichannel and Total Home priorities across each touchpoint,” mentioned Ankur Mittal, senior vp, expertise and managing director for Lowe’s India. “Combining that with our deep focus on our associates and communities has guided our efforts to build a workplace where our associates thrive and feel a strong sense of belonging.”

     

    Lowe’s goals to empower and allow underserved communities via sustainable outreach packages whereas supporting the native authorities in offering catastrophe reduction and rehabilitation. In 2020 and 2021, Lowe’s contributed over 40CR to COVID-19 reduction efforts. Lowe’s India is a licensed Great Place to Work and has additionally been acknowledged among the many high 100 of India’s Best Workplaces™ for Women by the Great Place to Work Institute. 

    About Lowe’s

    Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 residence enchancment firm serving roughly 19 million buyer transactions every week in the United States and Canada. With fiscal yr 2021 gross sales of over $96 billion, Lowe’s and its associated companies function or service practically 2,200 residence enchancment and {hardware} shops and make use of over 300,000 associates. Based in Bengaluru, India, Lowe’s India develops expertise merchandise and options, and delivers (*100*) capabilities to present an enticing buyer expertise for Lowe’s. Lowe’s India employs over 3,800 associates throughout expertise, analytics, merchandising, provide chain, advertising, finance and accounting, product administration and shared providers leveraging new applied sciences and discovering modern strategies to guarantee Lowe’s has a aggressive edge in its key markets. Lowe’s India actively helps the communities it serves via packages targeted on skill-building, catastrophe reduction and housing and infrastructure. For extra data, go to, www.lowes.co.in.

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