Published On:July 3 2024
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Capgemini Announces ₹1,000 Crore Investment in New Chennai Facility.
Capgemini has announced a significant investment of ₹1,000 crore over the next three years to establish a new 5,000-seat capacity facility in Chennai. Spanning nearly 6 lakh square feet, this facility will become a premier destination for top-tier talent in southern India. It aims to support Capgemini’s diverse specialist teams, including financial services, engineering, digital, cloud, and AI, according to a company release.
The new facility, located at Sipcot, Siruseri, will promote a collaborative and engaging work environment. It will feature advanced engineering labs, dedicated pods for customer experience centers, and specialized onboarding rooms. The project is expected to be completed by April 2027.
“We are delighted to commence the construction of our new facility in Chennai. This pivotal investment for Capgemini showcases our dedication to innovation and sustainable growth in Tamil Nadu. As a leader shaping the future of the industry, we are investing in local talent and enhancing the well-being of our communities. This expansion demonstrates our strategic vision and commitment to collaborating with local government efforts to drive the country’s economic growth,” said Vijay Chandramohan, Vice President and Head of Corporate Real Estate Services for APAC and Middle East at Capgemini.
TRB Rajaa, Minister for Industries, Government of Tamil Nadu, highlighted the strategic importance of this investment. “Chennai is rapidly emerging as a top global destination for investments in technology, as evidenced by the fast pace of office space absorption in the city. This world-class technology facility reflects the quality of our local talent and will further support the state’s vision of becoming a trillion-dollar economy by 2030,” he said in the release.
HBL