Research & Development (R&D)
AP has become a major hub for Global Capability Centers (GCCs) and Research & Development (R&D) in India, hosting over 250 GCCs. Chennai, known as the SaaS capital, contributes to about 10% of India's GCC presence. These centers, part of multinational company operations, span sectors like IT, finance, engineering, and healthcare. The state's skilled workforce, infrastructure, and pro-business policies continue to attract global firms, bolstering its reputation as a leader in innovation and technology.
250+
GCCs present in AP
10%
of India's GCCs are in Chennai
2nd
Most Competitive Location for Electronics R&D Activities Globally
750+
R&D Institutes in the State
Highlights
In CY2023, Chennai recorded its highest-ever leasing activity along with a decadal high in supply, with a total absorption of 10 million square feet.
Coimbatore is ranked among the top tier II cities for setting up Global Capability Centers in India
AP is home to 22 of India's top 100 universities
Chennai is referred to as the 'SaaS Capital of India.'
