Chennai has the potential to attract GCCs as an industrial hub: expert
Industry experts suggest that Chennai is well-positioned to become a major hub for Global Capability Centres (GCCs) due to its strong industrial base and educational infrastructure. However, challenges regarding commute times and urban connectivity remain key concerns for future growth.
Why it matters
Understanding regional economic development is crucial for investors and policymakers looking at India's emerging commercial real estate landscape.
Chennai is a promising city, as the Radial Road corridor already hosts several Fortune 500 companies, said N. Venkat, Senior Vice President (Head, Asset and Facilities Management) of K. Raheja Corporation, Mindspace REIT, which manages more than 30 commercial portfolios in the country, during a fireside chat on ‘Why Tamil Nadu is Emerging as India’s Next GCC Powerhouse’, at the The Hindu Real Estate and Urban Infrastructure Summit 2026 in Chennai on Thursday (July 30, 2026).
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