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Investments: Capgemini pledges Rs.1,000cr to Tamil Nadu tech development

Fiinews by Fiinews
July 2, 2024
in Investment
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Chandramohan says expansion demonstrates commitment to India’s growth

Paris-headquartered Capgemini http://capgemini.com has pledged an investment of approximately Rs.1,000 crore over the next three years, aiming to empower local talent and further strengthen its commitment to innovation, growth, and sustainability in #Tamil Nadu.

The French multi-national has also announced the development of a new state-of-the-art facility in #Chennai https://study.iitm.ac.in/ds/ .

“This pivotal investment for Capgemini showcases our dedication to innovation and sustainable growth in Tamil Nadu,” said Vijay Chandramohan, Vice President and Head of Corporate Real Estate Services for APAC and Middle East at Capgemini https://www.nseindia.com/ .

“We are delighted to commence the construction of our new facility in Chennai. As a leader that is shaping the future of industry we are investing in local talent and enhancing the well-being of our communities https://www.bseindia.com/ .

“This expansion demonstrates our strategic vision and commitment to collaborating with local government efforts to drive the country’s economic growth,” he said on 2 Jul https://www.ibef.org/ .  

“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,” said Dr TRB Rajaa, Minister for Industries, Government of Tamil Nadu https://www.itnthub.tn.gov.in/index.html .

The 5,000-seat facility, slated for completion in April 2027, is designed with sustainability at its core. The campus will integrate advanced energy and water-efficient technologies, utilize recycled materials and implement rainwater harvesting during construction https://water.org/ .

Powered entirely by renewable energy sources, the new green campus embodies Capgemini’s commitment to sustainable business practices.

Additionally, the company is dedicated to fostering local talent, pledging approximately Rs.3 crores of the investment to the development of neighboring government schools.

The facility, spanning nearly 600,000 square feet, is set to become a prime destination for top-tier talent in southern India. Equipped with state-of-the-art IT infrastructure, it will support Capgemini’s diverse specialist teams, including financial services, engineering, digital, cloud, AI and many more.

The facility will promote a collaborative and engaging work environment featuring advanced engineering labs, dedicated pods for customer experience centres and specialized onboarding rooms.

Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries.

Capgemini in India comprises nearly 175,000 team members working across 13 locations: #Bangalore, #Bhubaneswar, #Chennai, #Coimbatore, #Gandhinagar, #Gurugram, #Hyderabad, #Kolkata, #Mumbai, #Noida, #Pune, #Salem and #Tiruchirappalli. Fiinews.com

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