Why Global Giants Are Rushing to Chennai! India’s New Tech Capital? | FrontPage скачать в хорошем качестве

Why Global Giants Are Rushing to Chennai! India’s New Tech Capital? | FrontPage

Chennai is no longer just about filter coffee, Carnatic music, and Marina Beach—it is rapidly emerging as India’s fastest-growing hub for Global Capability Centers. With top tech giants and multinational corporations making significant investments, the city is transforming into a powerhouse that is reshaping India’s technology and business landscape. According to the AIM Research GCC Salary Report, Chennai now offers some of the highest salaries for GCC professionals in India, with an average of ₹18.5 LPA, just behind Mumbai and Delhi. Tamil Nadu already hosts over 250 of India’s 1,700-plus GCCs, employing 1.5 lakh professionals, and that number is expected to nearly double to 460 by 2030. Unlike Bengaluru and Hyderabad, where GCCs are concentrated in one city, Tamil Nadu’s growth is distributed across Chennai, Coimbatore, Madurai, and Hosur, giving it a distinct geographic advantage. Beyond its growing job market, Chennai is undergoing a major infrastructure transformation. The government is investing ₹6,858 crore in the North Chennai Development Plan, developing a brand-new 2,000-acre city to ease congestion and attract high-value industries, including GCCs. Additionally, projects such as the ₹2,423 crore Ring Main Pipeline Project and a ₹350 crore reservoir are being developed to support the city’s expanding population and economic needs. The global business community is taking notice. AstraZeneca has invested ₹250 crore to establish Chennai as its largest global capability center, while Reveleer, Mizuho Financial Group, Lennox, Zoom, Equinix, and Thryve Digital have all expanded operations with AI and engineering hubs in the city. Ford is also making a major comeback with a $250 million investment, reviving manufacturing and creating 3,000 new technology jobs, reinforcing Chennai’s dual strength in software and industrial engineering. What sets Chennai apart is not just its expanding infrastructure but also its strong talent pool. The city has one of the lowest attrition rates in India, along with high-quality professionals at lower operational costs. Combined with growing investments in generative AI and a booming Tier-II expansion into cities like Coimbatore, Chennai is no longer just catching up—it is leading the next phase of GCC growth in India. While Bengaluru continues to be India’s tech capital, it is a saturated market. Chennai, on the other hand, is where new opportunities are emerging. With a strong government push, increasing global investments, and world-class infrastructure, the city is positioning itself as the next big destination for technology, AI, and GCC growth. For professionals, investors, and policymakers looking at India’s evolving tech landscape, the time to focus on Chennai is now. Subscribe to AIM TV for more in-depth insights on AI, technology, and the GCC ecosystem. You can also explore more conversations on FrontPage here:    • Front Page