Brigade Group to expand its presence in Chennai

23 Feb 2024 CW Team

The report highlights Bengaluru's and Hyderabad's appeal due to several factors, including their robust infrastructure, skilled workforce, favorable business environment, and supportive government policies. These cities have become hotspots for companies across various industries looking to leverage the talent pool and cost-effectiveness offered by these regions.

Capability centers, also known as shared service centers or global in-house centers, play a crucial role in companies' operations, providing a range of services such as IT support, finance and accounting, human resources, research and development, and customer service. With the increasing globalization of businesses, the demand for such centers has been on the rise, driving the growth of cities like Bengaluru and Hyderabad.

The report further predicts sustained growth in demand for capability centers in these cities, fueled by factors such as the continued expansion of multinational corporations into India, the rise of digital transformation initiatives, and the increasing focus on cost optimization and operational efficiency.

Bengaluru, often referred to as India's Silicon Valley, has long been a preferred destination for technology companies, while Hyderabad has gained prominence as a hub for IT and pharmaceutical industries. Their ability to attract and retain top talent, coupled with supportive infrastructure and conducive business environment, positions them as frontrunners in the global market for capability centers. As businesses continue to seek opportunities for growth and efficiency, Bengaluru and Hyderabad are poised to maintain their dominance in this critical sector.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

According to a report by Colliers, Bengaluru and Hyderabad have emerged as dominant players in the global market for capability centers, accounting for a staggering 60% of the total demand. These cities in India have witnessed a significant surge in demand for such centers, indicating their growing importance as strategic locations for businesses seeking to establish or expand their operations. The report highlights Bengaluru's and Hyderabad's appeal due to several factors, including their robust infrastructure, skilled workforce, favorable business environment, and supportive government policies. These cities have become hotspots for companies across various industries looking to leverage the talent pool and cost-effectiveness offered by these regions. Capability centers, also known as shared service centers or global in-house centers, play a crucial role in companies' operations, providing a range of services such as IT support, finance and accounting, human resources, research and development, and customer service. With the increasing globalization of businesses, the demand for such centers has been on the rise, driving the growth of cities like Bengaluru and Hyderabad. The report further predicts sustained growth in demand for capability centers in these cities, fueled by factors such as the continued expansion of multinational corporations into India, the rise of digital transformation initiatives, and the increasing focus on cost optimization and operational efficiency. Bengaluru, often referred to as India's Silicon Valley, has long been a preferred destination for technology companies, while Hyderabad has gained prominence as a hub for IT and pharmaceutical industries. Their ability to attract and retain top talent, coupled with supportive infrastructure and conducive business environment, positions them as frontrunners in the global market for capability centers. As businesses continue to seek opportunities for growth and efficiency, Bengaluru and Hyderabad are poised to maintain their dominance in this critical sector.

Infrastructure Energy

08 Sep 2025

PSA Mumbai Doubles Capacity to 4.8m TEUs With Phase 2

Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong on Thursday virtually inaugurated Phase 2 of the Bharat Mumbai Container Terminal (PSA Mumbai), developed by PSA International at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.With the commissioning of Phase 2, PSA Mumbai has doubled its annual handling capacity to 4.8 million TEUs, making it India’s largest container terminal. The terminal, spanning 2,000 metres of continuous quay length, has been designed to handle multiple mega container vessels simultaneously, supporting both domestic and global trade f..

Infrastructure Transport

08 Sep 2025

JNPA Doubles Container Capacity With Rs 79.2 Billion Terminal

In a major boost to India’s maritime infrastructure, Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong virtually inaugurated the second phase of the PSA Bharat Mumbai Container Terminal (BMCT) at Jawaharlal Nehru Port Authority (JNPA) on Thursday.With this commissioning, BMCT becomes India’s largest standalone container terminal, doubling its handling capacity from 2.4 million TEUs to 4.8 million TEUs (twenty-foot equivalent units). This milestone also establishes JNPA as the country’s largest container port by capacity.The Rs 79.2 billion project was developed un..

Infrastructure Transport

08 Sep 2025

Concor to Operate New Container Terminal at Bhavnagar Port

The Container Corporation of India (Concor) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) to operate and maintain the upcoming container terminal on the northside of Bhavnagar Port, Gujarat.Under the MoU, Concor will serve as the terminal operator, overseeing operations, management, and marketing of the facility. This move marks Concor’s strategic foray into direct port operations, aligning with its goal of forward integration in the logistics value chain. The detailed terms and conditions of the agreement are currently being finalised.The upcoming..