On September 27th, Pinnacle Group, a leading global workforce solutions company based in the United States, officially launched its first non-U.S. headquarters in Chennai, India. This new APAC Regional Headquarters is a key milestone in Pinnacle Group’s global strategy, designed to better serve an increasingly international clientele that includes over 20% of the Fortune 100 companies.
Significance of the New Headquarters
Strategic Positioning
- Pinnacle Group, alongside its IT staffing and professional services brand PTR Global, is recognized as both the largest Latina-owned workforce solutions provider in the U.S. and the largest diverse-owned, VMS-agnostic Managed Service Provider (MSP) worldwide.
- Over the past five years, the company has been expanding its global reach to support customers in more than 20 countries. The establishment of its Chennai headquarters is a strategic move to strengthen relationships with existing clients in the region.
Growth Opportunities
- The new office is expected to enhance support for Pinnacle Group’s global operations while driving growth in India and the broader APAC region.
- The headquarters aims to attract new customers, thereby contributing to local economic growth and job creation.
Leadership Remarks
Nina Vaca, Chairman and CEO of Pinnacle Group, expressed her pride in the launch, stating, “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. We see tremendous potential here and are committed to extending our investments in people and technology to drive further innovation and serve more of our customers in India and beyond.”
Community Support
U.S. Consul General Chris Hodges attended the ribbon-cutting ceremony, highlighting the importance of businesses like Pinnacle in the U.S. economic landscape. He noted, “That’s why it makes sense that they are locating here in Chennai, a home for top-class talent and a supportive business environment.”
Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, echoed this sentiment, expressing pride in welcoming Pinnacle Group to Tamil Nadu and anticipating the growth that will stem from their strong local foundation.
Future Outlook
Currently, Pinnacle Group primarily serves U.S.-based corporations with extensive multinational operations. By establishing a solid presence in the APAC region, the company aims to support its global customer base while also capturing additional growth from local clients. The workforce in India, which currently numbers around 100 employees, is expected to expand rapidly over the next 18-24 months.
Pinnacle Group’s launch of its APAC Regional Headquarters in Chennai represents a significant commitment to enhancing its global operations and expanding its footprint in the rapidly growing Indian market. With strong leadership support and a strategic vision, Pinnacle Group is poised for success in the APAC region.
