Chennai: The latest FICCI-ANAROCK report, Real Estate & Infrastructure Driving Growth in Tamil Nadu, highlights significant momentum in Tamil Nadu GCC Growth, with the state now hosting more than 250 Global Capability Centres across its key cities.
Chennai alone accounts for 10% of India’s total GCC footprint, reaffirming its position as one of the country’s most competitive knowledge-economy hubs. Coimbatore has also emerged as one of India’s top tier-2 GCC destinations after Chennai.
Tamil Nadu GCC Growth Supported by R&D and Data Centre Expansion
According to the study, Tamil Nadu ranks as the world’s second-most competitive location for electronic R&D, backed by over 750 dedicated research and development institutes.
The state’s data centre ecosystem is also witnessing rapid expansion. Chennai, alongside the Mumbai Metropolitan Region (MMR), accounts for nearly 70% of India’s total data centre stock.
Also Read: India’s AI-Native GCC Workforce Set for 1.3 Million New Jobs by 2030: NLB Services Report
Coimbatore and Madurai are emerging as new data centre hubs within the state, complementing the larger ecosystem.
Tamil Nadu additionally leads the country with 54 operational SEZs and nearly 30 SIPCOT industrial parks, offering a strong foundation for large-scale industrial and services growth.
Infrastructure Push Strengthens Tamil Nadu GCC Growth
Bhupesh Nagarajan, Co-chairman – FICCI Tamil Nadu State Council & CMD – Indira Group of Companies, emphasized that infrastructure development remains central to the state’s economic momentum.
Expanding airports, seaports, industrial corridors, logistics parks, and expressways continue to enhance seamless connectivity.
Major projects, including the Parandur greenfield airport and Chennai Metro Phase II, are expected to further reinforce Tamil Nadu’s strategic positioning as a national economic gateway.
Real Estate Markets Align with Tamil Nadu GCC Growth
The report shows that Chennai’s residential real estate sector continues its upward trajectory, supported by strong end-user demand. Between 2021 and the first nine months of 2025, the city recorded 83,100 residential unit launches and 85,200 sales, reflecting a balanced supply-absorption dynamic.
Sanjay Chugh, Director & City Head – Chennai, ANAROCK Group, noted that mid-segment housing priced between ₹40 lakh and ₹80 lakh comprises 43% of the city’s new supply during the same period.
The commercial office and industrial & warehousing markets also remain robust, driven by consistent demand from IT/ITeS companies, GCCs, and new-age enterprises.
Also Read: The Standard India Launches New GCC in Bengaluru and Pune; Mohua Sengupta to Lead Operations
Distributed Growth Extends Beyond Chennai
Anuj Puri, Chairman – ANAROCK Group, stated that Tamil Nadu GCC Growth aligns with the state’s broader economic strategy as it advances toward becoming a USD 1 trillion economy by 2030.
Growth is now dispersing beyond Chennai to key tier-2 cities such as Coimbatore, Madurai, Tiruchirappalli, and Salem, which are steadily evolving into major economic nodes.
Additional Insights from the Report
- Tamil Nadu is the most urbanized state in India with a 48% urbanization rate.
- The state attracted USD 3.68 billion in FDI in FY25, with total FDI inflows of USD 17.29 billion between Oct 2019 and June 2025.
- Tamil Nadu is India’s third-largest export contributor, with exports worth ~USD 52 billion in FY25.
- Known as the EV Capital of India, Tamil Nadu manufactures 70% of India’s electric two-wheelers.
The report provides a comprehensive view of economic indicators, real estate trends, and infrastructure developments that collectively contribute to sustained Tamil Nadu GCC Growth.
