Tamil Nadu is rapidly transforming into a prime destination for Global Capability Centers (GCCs), with over 250 centers already operational across the state. According to the FICCI-Anarock report “Real Estate & Infrastructure Driving Growth in Tamil Nadu”, Chennai alone hosts 10% of India’s GCCs, underscoring the city’s central role in India’s technology and business services ecosystem.
GCC Growth and Investments
- Key Companies: Walmart, Workday, and Lennox India are among major investors expanding or establishing GCC operations in Chennai. 1 Walmart’s second Chennai GCC spans 4.65 lakh sq. ft., adding ~4,500 technology roles focused on AI, Cloud, and cybersecurity. 2 Workday is setting up a Chennai GCC with a ₹200 crore investment. 3 Lennox India is expanding its hub with an investment of over ₹50 crore, increasing workforce to ~1,500.
- Tier-II Cities: Coimbatore, Madurai, Tiruchirappalli, and Salem are also witnessing growing GCC interest, highlighting a shift toward a more distributed growth model.
Infrastructure and Real Estate Support
- Tamil Nadu hosts 54 operational SEZs (the highest in India) and ~30 SIPCOT industrial parks.
- Real estate and housing are aligning with economic growth: 1 From 2021 to 9M 2025, Chennai launched 83,100 new residential units and sold 85,200, reflecting strong absorption rates. 2 Mid-end housing priced ₹40–80 lakh constitutes 43% of new supply.
- Expanding infrastructure, including airports, seaports, logistics parks, expressways, and metro networks, is strengthening connectivity and supporting GCC growth.
Industry Insights
Anuj Puri, Chairman of Anarock Group, emphasized Tamil Nadu’s readiness to contribute to India’s trillion-dollar economy vision by 2030, with GCC inflows reaching record levels.
Bhupesh Nagarajan, Co-chairman of FICCI Tamil Nadu State Council, highlighted the role of industrialization and infrastructure in driving economic growth, with upcoming projects like Parandur greenfield airport and Chennai Metro Phase II further boosting the state’s connectivity.
Conclusion
Tamil Nadu’s strong combination of GCC presence, corporate investments, real estate growth, and robust infrastructure is positioning it as one of India’s most attractive destinations for technology-driven operations. With Chennai as the primary hub and Tier-II cities emerging, the state is shaping a distributed and resilient ecosystem for global enterprises.
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