Adidas leases 45,000 sq ft space in Chennai for its first GCC in India
Real Estate

Adidas leases 45,000 sq ft space in Chennai for its first GCC in India

German sports footwear and apparel company Adidas has signed a lease deal for its first Global Capability Centre (GCC) in India, taking up around 45,000 sq ft of space in Chennai. This is also the first centre by the company in Asia outside China. The company has taken up 700-seater space at flex op...

German sports footwear and apparel company Adidas has signed a lease deal for its first Global Capability Centre (GCC) in India, taking up around 45,000 sq ft of space in Chennai. This is also the first centre by the company in Asia outside China. The company has taken up 700-seater space at flex operator Smartworks’ facility in Olympia Pinnacle. The office is located on the Old Mamallapuram Road, which is the largest IT corridor in the northern suburbs of the city. Earlier this year, there were reports of the company’s intent to establish its first GCC in India. Smartworks itself leased 0.2 MSF of space in Olympia Pinnacle last year.

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Resources

Modis Navnirman Appointed For Neel Kiran CHSL Redevelopment

Modis Navnirman (MNL) has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd in Khar West, Mumbai, following a selection process in which members chose MNL as their preferred partner. The appointment will add approximately Rs two point five billion (Rs two point five bn) to the company's Gross Development Value pipeline and strengthen its focus on redevelopment and urban renewal projects across the Mumbai Metropolitan Region. The project site is a landmark residential society in Khar West, and the selection reflects members' preference for a pa..

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Infrastructure Energy

Diamond Power Commissions Eighth MV and EHV Cable Line

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Infrastructure Urban

Varroc And TOLYY Partner To Localise Digital Cockpit Supply

Varroc Engineering Limited has signed a strategic cooperation agreement with TOLYY Optronics Co., Ltd (TOLYY) to localise and supply next-generation digital cockpit solutions for passenger and commercial vehicle platforms. TOLYY will supply integrated display modules including display panels, backlight units, touch interfaces, enclosures and electronic control units, and will also provide screen-only units for local final assembly in India. Varroc will manage integration, validation and manufacturing of the display solutions for targeted vehicle applications. The collaboration pairs TOLYY's di..

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