Capgemini unveils Rs 10 bn Chennai facility with 5,000 seat capacity
ECONOMY & POLICY

Capgemini unveils Rs 10 bn Chennai facility with 5,000 seat capacity

Capgemini, the Paris-based IT and consulting firm, has announced a significant investment to establish a new facility in Chennai. The new campus, which will span nearly six lakh square feet and accommodate 5,000 employees, represents an investment of approximately Rs 10 billion over the next three years, with completion expected by April 2027.

Vijay Chandramohan, Vice President & Head-Corporate Real Estate Services- APAC and the Middle East, Capgemini, expressed the company's commitment to innovation, sustainable growth, and local talent development in Tamil Nadu. The facility will host diverse teams working in financial services, engineering, digital, cloud, and artificial intelligence, among other fields. It will also feature advanced engineering labs, customer experience centres, and specialized on-boarding rooms.

Additionally, the campus will include wellness centres, town halls, gymnasiums, and modern cafeterias to enhance employee well-being and create a productive work environment. TRB Rajaa, Minister for Industries, Government of Tamil Nadu, highlighted Chennai's rapid emergence as a global technology investment hub and commended Capgemini's contribution to the state's vision of becoming a trillion-dollar economy by 2030.

(Source: Business Standard)

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Capgemini, the Paris-based IT and consulting firm, has announced a significant investment to establish a new facility in Chennai. The new campus, which will span nearly six lakh square feet and accommodate 5,000 employees, represents an investment of approximately Rs 10 billion over the next three years, with completion expected by April 2027. Vijay Chandramohan, Vice President & Head-Corporate Real Estate Services- APAC and the Middle East, Capgemini, expressed the company's commitment to innovation, sustainable growth, and local talent development in Tamil Nadu. The facility will host diverse teams working in financial services, engineering, digital, cloud, and artificial intelligence, among other fields. It will also feature advanced engineering labs, customer experience centres, and specialized on-boarding rooms. Additionally, the campus will include wellness centres, town halls, gymnasiums, and modern cafeterias to enhance employee well-being and create a productive work environment. TRB Rajaa, Minister for Industries, Government of Tamil Nadu, highlighted Chennai's rapid emergence as a global technology investment hub and commended Capgemini's contribution to the state's vision of becoming a trillion-dollar economy by 2030. (Source: Business Standard)

Next Story
Infrastructure Urban

Govt approves NPCIL-NTPC JV company ASHVINI to start nuclear power generation

The Government on September 11, 2024 accorded approval to the Anushakti Vidhyut Nigam Ltd. (ASHVINI), a Joint Venture (JV) of Nuclear Power Corporation of India Limited – NPCIL (51%) and NTPC Ltd. (49%) to build, own & operate nuclear power plants in India in accordance with provisions of the Atomic Energy Act. Additionally Govt. of India has approved transfer of Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) 4x700 MWe based on indigenous PHWR technology, from NPCIL to the JV Company ASHVINI. The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemptio..

Next Story
Infrastructure Urban

CRC Group partners with Dubai’s Killa Design for luxury Noida project

Noida-based real estate developer CRC Group has teamed up with renowned Dubai architect Shaun Killa to design an ultra-luxury residential project in Greater Noida. Shaun Killa, known for iconic structures such as Dubai's Museum of the Future and the Bahrain World Trade Centre, brings his expertise in sustainability and innovation to the collaboration. Killa expressed excitement about the partnership, stating, "Our goal is to create a design that stands the test of time, respects the environment, and complements the culture of the region." The project, set to feature between 375 to 400 luxury u..

Next Story
Infrastructure Urban

Nexus Venture sells stake in India Shelter Finance for Rs 4.82 billion

Venture capital firm Nexus Venture Partners divested a 5.97% stake in India Shelter Finance Corporation for Rs 4.82 billion through open market transactions. India Shelter Finance, based in Gurugram, caters to first-time home loan buyers in Tier-II and Tier-III cities, focusing on the low- and middle-income segments. Nexus, via its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, sold 6.4 million shares in two bulk deals on the BSE, priced between Rs 752.35 and Rs 753.27 per share, resulting in a total deal value of Rs 4.81 billion. This transaction reduced Nexus' stake in the ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000