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Tamil Nadu turns latest hotspot for GCCs; adds 50,000 jobs in three years

Business Standard LogoBusiness Standard2d ago

Tamil Nadu turns latest hotspot for GCCs; adds 50,000 jobs in three years - Business Standard

Quick Summary:

On the other hand, the World Bank Group (largest outside headquarters), Standard Chartered, Hitachi Energy, Renault Nissan, Caterpillar, Nokia, and Ford, among others, have their largest centres in the world in Chennai.

The boom in the Chennai market in the last three years is giving tough competition to cities like Bengaluru, which contributes 30 per cent of GCC units in India, Mumbai 13 per cent, Pune 12 per cent, and Hyderabad 12 per cent.

The minister also highlighted the pool of skilled professionals expanding both in scale and quality as the reason for the boom in GCCs."Through initiatives like the Naan Mudhalvan scheme, our students are equipping themselves with cutting-edge skills in emerging sectors, ensuring they are future-ready.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 15:01:21 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 706 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21606470

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Official Website: business-standard.com

Update Frequency: 289 posts per day

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News Last Updated: 6 hours ago

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