Quality technology talent, sound infrastructure and relatively lower cost of living keep Chennai on the radar of MNCs that want to set up “back offices” or “offshore” units. But the city lost out to Bengaluru and Hyderabad in the early 2000s when Google, Intel, Qualcomm, Amazon, Facebook, and many others setup tech GCCs (global capability centres).
Post-pandemic, it’s Chennai’s turn to ride the GCC growth wave. In the last two months, more than 10 global companies have either set up new technology centres in the city or expanded existing ones.