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Home Business Banking

TN CM lays foundation stone for largest office campus globally for Standard Chartered GBS in Chennai

DLF Downtown is spread over 27 acres in Taramani as a multi-block campus and is being built in phases with an investment of Rs 5,000 crore.

by NavJeevan
3 years ago
in Banking, Breaking News, Business, chennai, Health & Environment, Launchpad, National, Real Estate, Tamil Nadu
Reading Time: 3 mins read
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TN CM lays foundation stone for largest office campus globally for Standard Chartered GBS in Chennai

Tamil Nadu Chief Minister M K Stalin laying foundation stone for constructing the largest office campus globally for Standard Chartered Global Business Services (GBS) in DLF Downtown project at Taramani in Chennai on Monday. PHOTO: DLF

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R ARIVANANTHAM
CHENNAI, MARCH 14

Tamil Nadu Chief Minister M K Stalin on Monday laid the foundation stone for constructing the largest office campus globally for Standard Chartered Global Business Services (GBS) in DLF Downtown project at Taramani here.

Aimed at providing employment to about 70,000 IT professionals, the project will help the state to achieve its goal of USD 1 trillion GSDP by 2030. The joint venture with TIDCO covering an investment of Rs 50 crore will ensure the creation of IT and ITES parks on 6.8 million sq ft area.

DLF Downtown Chennai is strategically located at the Epicentre of IT Corridor at Taramani, Chennai. It spread over 27 acres as a multi-block campus of new age buildings and is being built in phases with an investment of over Rs.5,000 crores.

DLF has entrusted the globally renowned architectural firm Gensler from US to design the state-of-the-art sustainable and green campus spread that will feature world-class office buildings with amenities that will be unmatched in Chennai.

Phase 1 will constitute New Age office buildings of approx. 3.3 Mn Sq. Ft with an immersive employee experience and host of amenities including a food district, restaurants, cafes, wellness center, gym, creche, and a medical center.

“The new Standard Chartered office building in DLF Downtown is set to change the way we work and will set a new benchmark for future workspaces in the country by offering a unique office building design, a first of its kind in the country in a safe and sustainable ecosystem. Tamil Nadu is set to become India’s innovation hub and knowledge capital as it has a highly qualified, skilled and disciplined resource pool.’’

Tamil Nadu ranks first among all states in terms of governance. It has the maximum number of factories and industrial workers and is fast emerging as a key destination for IT investments in India. The state introduced the ‘Industrial Policy 2021’ to achieve an annual growth rate of 15% in the manufacturing sector while attracting investments worth Rs. 10 lakh crore (US$ 137.8 billion) it aims at creating employment opportunities for over 20 lakh people by 2025. Tamil Nadu is now set to become one of the top three preferred investment destinations in India and Asia.

Commenting on the unveiling of Phase 1 of Downtown, Sriram Khattar, Managing Director, DLF Rental Business, said, “Once DLF Downtown is completed and operational, DLF will have a footprint of approximately 14 million square feet of commercial workspaces in the city, making it the second-largest market after Gurugram. We are optimistic about our investment in the state as Tamil Nadu is fast emerging as a leading global hub for IT/ ITES, manufacturing, and R&D. We are delighted that tenant partners have expressed interest in taking space here showcasing the strength of the location, DLF’s quality assets and customer centricity. A development like DLF Downtown in a location like Taramani should generate the income of Rs 700- 750 crores when fully functional.”

Amit Grover, Executive Director, DLF Offices said, ‘’DLF Downtown Taramani is centrally located in the IT Corridor of Chennai and is within a walking distance from the MRTS station. The project is designed with high-end specifications and has been awarded a Platinum LEED Certification by US Green Building Council.”

Matthew Norris – Global Head, Standard Chartered Global Business Services stated: “We envision that our largest campus globally at DLF Downtown Taramani will define the future of work with its people-centric design around hybrid work patterns, further enhancing employee wellness, engagement and productivity with sustainable measures.

Higher Education Minister K Ponmudi, Industries Minister Thangam Thennarasu, Additional Chief Secretary (Industries) S Krishnan, Chairman-cum-Managing Director of TIDCO Pankaj Kumar Bansal, TIDCO”s Executive Director Vandana Garg, Managing Director of DLF rental business Sriram Khattar and India head Standard Chartered GBS Satish Gopi were among those who participated in the function.

Tags: Chennaifor largest office campus globallyfor Standard Chartered GBSlays foundation stonetn cm
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