India’s technology scene has largely evolved on the back of two key components: IT services and BPO requirements for global businesses. But over the years, the country has begun to become the outpost for product software companies that are not just the world’s back-office but designing and developing our own solutions for global technology needs. At the same time, IT has become deeply entrenched in driving business transformation and revenue growth. Leading this charge are India’s emerging IT hubs like Chennai and Coimbatore that house more than 4000 IT companies across their large IT parks like SEZ-ELCOT, Tidel IT Park, and KCT IT Park, and more. Here’s a look at the IT ecosystem that has put Tamil Nadu on the world map.
The Gateway of South India, Chennai marks itself as one of the biggest metropolitan cities in India. After Bangalore, Chennai is the next biggest IT hub in Southern India and has become home to some of the largest software, automobile, and construction companies. Some of the notable software companies in Chennai have set-up operations in Tidel Park, one of the largest IT parks in the city. Accel Frontline Ltd, Adrenalin eSystems, Lister Technologies, and Redington (India) Limited are leading Chennai headquartered IT companies, while global brands like Accenture, BirlaSoft, Capgemini, Cognizant, HCL, Infosys, L&T, TechM, MindTree, Oracle, TCS, and ThoughtWorks have also set-up nodal offices in the city.
The rise in co-working companies in recent times is also an indicator of the fast-growing start-up ecosystem in the city, with emerging businesses looking at these places as affordable office real estate. Freshdesk, BankBazaar.com, Chargebee, CaratLane, OrangeScape, and Bharatmatrimony are some of the pioneering startups from Chennai. Should you be looking to set-up your business or work in the city, we feel factors like more affordable real estate, good civic infrastructure, and amenities to rival top metropolises will definitely count as blessings.
Coimbatore is in the enviable position today of being a growing city in India that possesses the amenities and infrastructure of a Tier 1 city while, it enjoys the unobstructed space and movement, the vibe, and the quality of lifestyle afforded by a developing Tier 2 city. A lot of youngsters today are seriously considering the standard of living conditions that evolving Tier-II cities like Coimbatore have to offer and have begun to choose them over Tier I metros.
Coimbatore is also home to many educational institutions and comprises of migrant population mostly from Kerala, the rest of Tamil Nadu, and Karnataka who flock to the city attracted by better education and career opportunities. This also means the city is seeing fresh talent graduating every year that is noticed by larger firms who have set camp in Coimbatore.
The IT sector here has grown manifold as leading software companies, MNCs and home-grown businesses have set up offices in Coimbatore. Cognizant, TCS, Wipro, Robert Bosch Engineering and Business Solutions, and ThoughtWorks Technologies are among the top software companies in Coimbatore, while Arivanza Technologies, VRNext, Healtho5, Fish Chain, and Untumble are some of the headline-making tech startups from the state.
Bengaluru, the Silicon Valley of India, has been at the vanguard of the country’s IT growth story. But over the years, the rise of high-potential cities like Chennai, Coimbatore, Ahmedabad, Pune, Vizag, and more have only widened India’s potential as an IT-hub, while creating growth opportunities for its youth.