T’Puram, Kochi, feature in Nasscom’s list of top GCC hubs

Big corporations are finding Kerala’s tier 2 cities attractive for setting up Global Capability Centres (GGCs), reads a report released by Nasscom. According to it, both Thiruvananthapuram and Kochi have registered over 20 GGCs, and together they employ more than 15,000 and 8,000 people, respectively.

One major reason behind this trend is the fact that tier 1 cities like Bengaluru have become saturated, Infopark CEO Susanth Kurunthil tells TNIE. “Other factors like high land cost and over-stretched infrastructure facilities elsewhere, too, have had many MNCs eyeing tier 2 cities, especially Kochi and Thiruvananthapuram,” he says.