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

04 Jul 2024 CW Team

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)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..