Expressnews
Chennai, 27th September 2024: Pinnacle Group, a leading global workforce solutions company headquartered in the United States, today hosted a ribbon cutting ceremony to formalize the launch of its first non-U.S. headquarters in Chennai, India.This new APAC Regional Headquarters marks a significant step in Pinnacle Group’s global strategy, aimed at better serving anincreasingly international clientele comprising over 20% of the Fortune 100.
Pinnacle Group, along with its IT staffing/professional services brand, PTR Global, is both the largest Latina-owned workforce solutions provider in the U.S. and the largest diverse-owned, VMS-agnostic MSP worldwide. Over the last five years, it has been expanding globally to support customers in over 20 countries. Locating its first non-U.S. headquarters in Chennai strategically positions the company to deepen relationships with its existing customer base in the region. The new office aims to provide increased support for Pinnacle Group’s global operations while also driving growth within India and the larger APAC region, including attracting new customers.
“We are proud to open our first non-U.S. regional headquarters office in Chennai. India is a key strategic market for Pinnacle Group and many of our customers,” said Pinnacle GroupChairman and CEO, Nina Vaca. “We see tremendous potential here and we’re committed to extending our investments in people and technology to drive further innovation and serve more of our customers in India and beyond.”
U.S. Consul General Chris Hodges was in attendance at the ribbon cutting ceremony and said, “Businesses like Pinnacle are part of the core model for U.S. economic success – creative, innovative, inclusive and on the move. That’s why it makes sense that they are locating here in Chennai, a home for top-class talent and a supportive business environment. It’s partnerships like these that are taking the U.S. and India forward.”
His sentiments were echoed by Mr. Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, “Weare proud to welcome Pinnacle Group to Tamil Nadu and look forward to seeing the growth they can achieve by building a strong local foundation from their APAC regional headquartershere in Chennai.”
Currently, Pinnacle Group’s customers are primarily U.S.-based corporations with extensive multinational operations. Building a strong presence in the APAC region will continue to provide support to the global customer base while also driving additional growth with local customers. Employing thousands of associatesglobally, Pinnacle Group has an India workforce of around 100 workers today that is expected to increase rapidly within the next 18-24 months.
