Lowe's Announces the Opening of Global Innovation Center in Bangalore, India

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February 11, 2015
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Lowe's Announces the Opening of Global Innovation Center in Bangalore, India

BANGALORE, February 11, 2015 /PRNewswire/ --

    Announces CSR Initiative in India by Strengthening Ties With Habitat for Humanity

    Lowe's Services India Private Limited [http://www.lowes.co.in ], a subsidiary of
Lowe's Companies, Inc., the world's second largest home improvement retailer, has
announced the inauguration of its Global Innovation Center (GIC) in Bangalore, India to
focus on the next-generation customer experience, by laying emphasis on technology and
analytics to provide customers with a more personalized shopping experience. This center
will work towards building a strong team to support Lowe's efforts to become an
omni-channel home improvement company.

    (Photo:
http://photos.prnewswire.com/prnh/20150211/10116261-b)

    (Logo:
http://photos.prnewswire.com/prnh/20150211/10116261-a)

    The new GIC, headed by Narayan Ram, Managing Director-Lowe's India, will provide
Lowe's with a strategic footprint to leverage Bangalore's potential for technology-led
innovation, in addition to engaging India's growing talent pool. The facility, spread over
110,000 sq. ft., expects to employ approximately 500 people by the end of 2015.

    On this special occasion, Lowe's is also excited to announce their association with
Habitat for Humanity, India as part of their India CSR initiative and a special grant of
$50,000 USD (Rs 30 lakhs) from Lowe's India to kick start the same. With this, Lowe's is
keen to extend their collaboration to work on projects that will benefit the society by
addressing larger-scale needs such as new home construction and improving sanitation
facilities among destitute schools.

    Mr. Robert Niblock, Chairman, President & CEO of Lowe's Companies Inc., said, "We are
very excited about the Global Innovation Center here in Bangalore, which will bring to
fruition a valuable part of our analytics and technology potential. We feel confident that
with this strengthening of our presence in India, we will be able to provide more
personalized experiences to customers, helping us continue our pace of strategic growth.
We have a history of helping customers improve the places they call "home" for almost 70
years, and the Bangalore CSC is an extension of this proud tradition."

    Mr. Narayan Ram, Managing Director, Lowe's India, said, "The Bangalore Global
Innovation Center will employ the concept of 'one team, multiple locations,' as we work
across our global organization to apply the power of analytics and technology to the
Lowe's business, so customers can engage with us whenever and however they need support.
We are planning to invest even more in our local teams and innovate omni-channel retail,
which underlines our commitment to delivering a consistent experience to the customer,
however they choose to shop with Lowe's."

    About Lowe's

    Lowe's Services India Private Limited (Lowe's India), is a subsidiary of Lowe's
Companies, Inc., a FORTUNE(R) 100 home improvement company serving approximately 15
million customers a week in the United States, Canada and Mexico at more than 1,835 home
improvement and hardware stores and online at lowes.com [http://www.lowes.com ], lowes.ca
[http://www.lowes.ca ] and lowes.com.mx [http://lowes.com.mx ]. Founded in 1946 and based
in Mooresville, North Carolina, U.S.A., Lowe's supports the communities it serves through
programs that focus on public education and community improvement projects. For more
information, visit Lowes.com [http://www.lowes.com ].

       
        Media Contact:
        Preethi Mathew
        preethi.mathew@edelman.com
        +91-9620048621
        Accounts Executive

        Edelman India

    Photo:
    http://photos.prnewswire.com/prnh/20150211/10116261-b

    http://photos.prnewswire.com/prnh/20150211/10116261-a

Photo:http://photos.prnewswire.com/prnh/20150211/10116261-b
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20150211/10116261-a
http://photoarchive.ap.org/
Lowe's Services India Private Limited

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