TN mulls developing vacant plots in Fintech City as Global Capability Centres
11 months, 3 weeks ago

TN mulls developing vacant plots in Fintech City as Global Capability Centres

New Indian Express  

CHENNAI: In a bid to cash-in on the growth of Global Capability Centres and ensure high-end jobs for the youngsters, Tamil Nadu Industrial Development Corporation Limited is eyeing to e-auction vacant plots in Fintech city in Nandambakkam for development of BFSI/Fintech related GCCs. It is learnt that two adjacent land parcels, totalling 3 acres, in the master-planned development of Fintech City's South Phase is proposed to be used for development of GCCs. TIDCO has invited BFSI and Fintech companies, GCCs and real estate developers to participate in this e-auction, offering an unparalleled chance to be part of an integrated city with established infrastructure. Fintech City is designed to offer exceptional connectivity, with proximity to both a metro station and the airport, complemented by a robust and well-planned social infrastructure,” said Sandeep Nanduri, managing director of TIDCO.

Global Development Chennai Fintech City Tidco Gccs Fintech City  tn  city  citys  centres  development  chennai  global  vacant  unparalleled  plots  developing  companies  tidco  gccs  fintech  capability  mulls

History of this topic

Office leasing by Global Capability Centres in Chennai to touch 3.2 mn sq ft by 2025: CBRE
1 month, 2 weeks ago

Office leasing by Global Capability Centres in Chennai to touch 3.2 mn sq ft by 2025: CBRE

Hindustan Times  

Office leasing by Global Capability Centres in Chennai is expected to touch 3.2 mn sq ft by 2025 on the back of growing infrastructure, proactive state government policies, and quality office developments that are aligned to meet the needs of global corporates, a report by CBRE has said. Office leasing by Global Capability Centres in Chennai is expected to touch …

Chennai emerging as preferred hub for Global Corporates; city hosts 11 per cent of India’s GCC talent, says report
1 month, 2 weeks ago

Chennai emerging as preferred hub for Global Corporates; city hosts 11 per cent of India’s GCC talent, says report

New Indian Express  

CHENNAI: Chennai is poised to add 12–13 million square feet of premium office space between 2025 and 2026, according to a report titled ‘Tamil Nadu: The Next Frontier for Global Corporations’ by CBRE. The report highlights Chennai’s solidified position as a preferred hub for global corporates, accounting for 11% of India’s current Global Capability Centre talent. Ranked third in GCC …

Mint Primer: Why Karnataka is placing its bets on a GCC gold rush
Trending News
1 month, 3 weeks ago

Mint Primer: Why Karnataka is placing its bets on a GCC gold rush

Live Mint  

What makes GCCs important? GCCs include tech operation centres run by companies headquartered abroad, driven by India’s tech talent and cheap real estate. The rise in the number of GCCs helped create jobs at a time IT services firms, the largest recruiter of tech talent, are seeing a slowdown. The Karnataka Global Capability Centre Policy 2024-2029 aims to create an …

Bengaluru houses 35% of BFSI global capability centres
4 months, 1 week ago

Bengaluru houses 35% of BFSI global capability centres

New Indian Express  

BENGALURU: Bengaluru secures the top spot as the premier destination for Banking, financial services and insurance Global Capability Centres, as it houses 35% of all BFSI GCCs. The city also houses a thriving talent ecosystem, where 26% of active job seekers bring the in-demand skills that fuel industry innovation, talent solutions provider Careernet said in a report. Bengaluru is followed …

TN bid to woo capability centres for high-end jobs
1 year ago

TN bid to woo capability centres for high-end jobs

New Indian Express  

Venugopalan told TNIE that after making Chennai the hub of GCC, the focus of Guidance will be to woo more GCCs to set up base in tier-2 and tier-3 cities. “This would help realise the aspiration of our youth to get high-end jobs,” Venugopalan said highlighting the skilled manpower available in the state. It is for this reason reputable global …

TN attracts ₹4,900 crore Defence sector investments
1 year, 7 months ago

TN attracts ₹4,900 crore Defence sector investments

The Hindu  

Tamil Nadu saw ₹4,900 crore investment in aerospace and Defence sectors in the last two years and the committed investment is ₹15,000 crore, said B. Krishnamoorthy, special secretary and project director of TIDCO. Speaking at a programme here on Thursday on “Accelerating Defence and Aerospace Industry in Tamil Nadu Defence Corridor”, he said the State is looking at creating infrastructure …

India’s first FinTech centre of excellence set up in Chennai
5 years, 4 months ago

India’s first FinTech centre of excellence set up in Chennai

The Hindu  

Software Technology Parks of India has set up a ‘Centre of Excellence in FinTech’ in Chennai, first of its kind in India, with an objective to provide resources in terms of mentoring, technology support and funding for FinTech startups. That’s one key reason why we wanted to set up this centre here,” Omkar Rai, director general – STPI and chairman …

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