The contract between world's largest brewer Anheuser-Busch InBev's build-operate-transfer (BOT) and Accenture for a business operations centre in Bengaluru will end within three months.
The contract will end in February 2018, three years after the contract was signed, reports the Times of India.
According to the report, the $46-billion Belgian brewer, which has a portfolio of brands including Budweiser, Corona and Stella Artois, set up the centre in 2014.
As part of the BOT, InBev has around 1,100 Accenture employees handling activities related to business process management.
AB Inbev spends more than $100 million annually with Accenture.
Also Read - Accenture closes Dhaka office
AB Inbev drew up a transition plan codenamed project K2 earlier this year to move work inhouse. However, the project undertook a detailed benchmarking exercise to assess employee-led capabilities versus contractor-led capabilities, and productivity gains from operations and automation.
The Indian entity's project office management evaluated the contract negotiation, governance structure and legal structures.
Peter Dercon, global director of external communications (Europe) for AB InBev, said the partnership with Accenture was based on a BOT-model where and the services would transfer to AB InBev at the end of the contract.
He told the Times of India that InBev will continue to work with Accenture on various other engagements.
Earlier in July, Accenture sacked all of its employees after announcing to shut down its operations in Bangladesh, less than four years after it began, without specifying any reason.
In a letter on July 18, Accenture told its employees that it would clear their salaries and allowances before closing operations on November 30.
However, their Dhaka office was found closed on Monday.