Top MNC companies in Chennai

Chennai, one of the metropolitan cities in India, has undergone a significant transformation in its business landscape. Once dominated by family-owned businesses in engineering, manufacturing and automobiles, the city has witnessed the growth of new-age industries such as artificial intelligence, aerospace, banking, finance and Software as a Service (SaaS). In addition to its traditional corporate firms, Chennai has welcomed a multitude of multinational corporations (MNCs).

This rapid transformation is changing the city’s economic landscape while also reshaping the real estate market. With the influx of MNCs, there is a growing demand for research and development centres, corporate offices and housing for employees. As a result, Chennai’s skyline is evolving, with new office complexes and residential areas springing up to accommodate the city’s expanding corporate sector.

This article provides a comprehensive list of MNC companies in Chennai, demonstrating how their presence has not only altered the city’s corporate landscape but also had a profound impact on the city’s ever-evolving real estate market.

See also: Top attractions at PVR Grand Mall Velachery in Chennai

 

Business landscape in Chennai

Chennai’s diverse business landscape encompasses a range of industries, including the thriving IT and software services sector. The city is also a hub for automotive and manufacturing industries, attracting global leaders and fostering a robust ancillary ecosystem. Furthermore, Chennai is significant in the healthcare, pharmaceuticals, textiles and apparel sectors. Additionally, the city’s dynamic startup culture has led to the emergence of innovative ventures across various domains, contributing to its ever-evolving and prosperous business environment.

 

Top MNC Companies in Chennai

Tata Consultancy Services (TCS)

Industry: Software services, consulting, and business solutions

Company type: MNC

Location: Anna Salai, Chennai- 600130

Founding date: 1968

Tata Consultancy Services is a renowned global software, consulting, and business solutions provider operating under the Tata Group conglomerate in India. With its inception at SIPCOT Chennai as a key delivery centre, TCS offers a diverse range of services spanning industries such as banking, financial services, insurance, telecommunications, manufacturing, and retail. TCS has earned its position as an industry leader by seamlessly blending technical expertise with a strong commitment to social responsibility and innovation.

 

Cognizant

Industry: Information Technology, Data Analytics,  IoT

Company type: MNC

Location: Chennai

Founding date: 1994

Cognizant, a US-based MNC company in Chennai, specialises in IT, consulting and business process outsourcing services. With a presence since 1994, Cognizant was among the first global IT services companies to establish operations in the city. Serving diverse industries including healthcare, banking, insurance and retail, Cognizant Chennai consistently ranks among the city’s top employers. The company is known for its employee-centric policies, robust work-life balance initiatives, and proactive efforts to reduce its environmental impact while championing social welfare and community development.

 

Infosys

Industry: Information technology consulting Outsourcing

Company type: MNC

Location: Chennai

Founding date: 1981

Founded in 1981, Infosys is a global leader in digital services and consulting. This MNC company in Chennai caters to clients across financial services, insurance, manufacturing and retail industries. Infosys places a significant emphasis on employee-centric initiatives that promote continuous learning and growth. Sustainability is also at the core of Infosys’ values, with comprehensive Green initiatives aimed at reducing carbon emissions through eco-friendly practices across all operations.

 

Accenture

Industry: Global professional services in digital, cloud and security

Company type: MNC

Location: Chennai

Founding date: 1989

Accenture is renowned for its expertise in strategy, consulting, digital technology and operations services. This MNC company in Chennai, exceeding 10,000 employees, operates from cutting-edge delivery centres serving diverse industries such as finance, insurance, healthcare, and telecommunications. The company’s commitment extends beyond its professional services to fostering an inclusive work environment, offering state-of-the-art training programs, and actively engaging in corporate social responsibility.

 

IBM

Industry: Information technology products and services

Company type: MNC

Location: Chennai

Founding date: 1911

IBM’s Chennai branch, established in 2007, boasts a staff of over 5,000 professionals specialising in software development, IT services and consulting. Serving clients from industries spanning banking, telecommunications, and manufacturing, IBM is a key player in technological innovation. Beyond its technical prowess, this MNC company in Chennai is dedicated to creating an inclusive and diverse workplace, with its comprehensive programs and initiatives promoting diversity, equity and inclusion.

 

Inspirisys

Industry: Information Technology

Company type: MNC

Location: Chennai

Founding date: 1995

Inspirisys stands as a vendor-agnostic, full-service warranty management provider, specialising in a wide array of sectors, including IT, Telecom, Security Surveillance, Home Automation, and more. With a remarkable track record spanning over two decades, Inspirisys has consistently demonstrated its exceptional ability to seamlessly adapt and assimilate emerging technologies, novel products and innovative processes.

 

Wipro

Industry: Information technology, consultant and business process services

Company type: MNC

Location: Chennai

Founding date: 1945

Founded in 1945, Wipro is a prominent global provider of business process, IT and consulting services. With over 15,000 employees spread over several campuses, Wipro Chennai has a large clientele from a variety of industries, including the banking industry, insurance, financing, healthcare and retail. Wipro is unique due to its creative work environment, emphasis on sustainability and staff development initiatives.

 

Capgemini

Industry: Information technology (IT) services and consulting

Company type: MNC

Location: Chennai

Founding date: 1967

Capgemini, a renowned French multinational corporation, stands as a frontrunner in the realms of consulting, technology services, and digital transformation. After inaugurating its Chennai office in 2007, the company has experienced swift growth, with a local workforce exceeding 8,000 individuals. Capgemini extends its services to clients across diverse sectors, including insurance,  automotive, banking and telecommunications.

 

HCL Technologies

Industry: Information technology Consulting Outsourcing

Company type: MNC

Location: Chennai

Founding date: 1976

HCL Technologies, an Indian multinational specialising in IT services and consulting, has deep-seated connections with Chennai. Founded in 1991, the company boasts a workforce of more than 10,000 professionals solely in Chennai, catering to clients across sectors such as financial services, healthcare and manufacturing. HCL is known for its creative workplace that focuses on research and development, and it provides opportunities for employees to grow.

 

Komatsu India

Industry: Manufacturing

Company type: MNC

Location: Chennai

Founding date: 1921

Komatsu India supports high-value commodity sectors with cutting-edge technology, top-quality products, and unwavering reliability. Teaming up with authorised distributor Larsen & Toubro in India, KIPL ensures accessibility through its Parts Distribution Centers, Product Support and Service Centers, Front Line Offices, Design and Development Centers, and Stock Depots across strategic locations.

 

Commercial real estate demand in Chennai

Office space: Chennai is witnessing a surge in the demand for office spaces, largely fueled by the expansion of MNC companies. This growing need has given rise to fresh office complexes and business hubs, reshaping the city’s commercial landscape.

Rental property: The arrival of MNCs has injected vitality into Chennai’s rental property market. Property owners are reaping the benefits of consistent demand for commercial spaces, resulting in competitive rental rates and enhanced property values. Chennai’s appeal as a cost-effective choice for businesses continues to grow.

Impact: These changes are not only altering Chennai’s physical skyline but also fostering mixed-use developments that seamlessly blend residential, commercial and retail spaces. Looking ahead, the future of commercial real estate in Chennai holds promise. Key growth areas, including Perumbur, Guindy-Mount Poonamallee Road, SPR City, Perungudi, Pallikaranai-Medavakkam, Thalambur and PTR Road, are expected to play a pivotal role in Chennai’s evolving real estate landscape.

 

Impact of MNC companies on Chennai

The presence of major MNC companies in Chennai has significantly impacted the city’s real estate landscape. These industries have harnessed local real estate by creating a substantial demand for both commercial and residential properties. Their arrival has sparked urban development in previously untapped regions and driven up property values, making Chennai an attractive destination for businesses and professionals alike. The availability of high-quality office spaces, partly driven by MNC requirements, has further encouraged other companies to set up operations in the city, resulting in a virtuous cycle of economic growth and development. Moreover, the presence of these MNC companies in Chennai attracts many homebuyers in the surrounding regions, especially those looking for easily accessibility to their workplace.

 

FAQs

Why is there a growing demand for Chennai office spaces?

The presence of multinational corporations (MNCs) is driving the demand for office spaces in Chennai.

How has the MNC influx affected Chennai's rentals?

MNCs have positively impacted Chennai's rental property market, leading to competitive rental rates and increased property values.

Which Chennai areas will see commercial real estate growth?

Key growth areas for commercial real estate in Chennai include Perumbur, SPR City, Guindy-Mount Poonamallee Road, Perungudi, Thalambur, Pallikaranai-Medavakkam and PTR Road.

What types of properties are available in Chennai's real estate market?

Chennai's real estate market offers a wide range of properties, from luxury apartments to affordable housing options, catering to various budgets and preferences. It also provides opportunities for both homebuyers and investors, with potential for capital appreciation and rental income in business centres and retail spaces.

Which MNC headquarters are in Chennai?

Infosys and Cognizant are prominent multinational companies with established presence in Chennai, offering a range of IT services.

What do MNC employees in Chennai earn on average?

Salaries in MNCs in Chennai can vary from Rs five lakh to Rs 50 lakhs annually, with an average of around Rs 6.5 lakh per year.

Where are the best places to live in Chennai?

Nungambakkam, Anna Nagar and Urapakkam are among the top areas in Chennai, suitable for both students and working professionals.

How expensive is life in Chennai?

Chennai boasts a relatively low cost of living compared to other major Indian cities, making it an attractive destination for multinational companies.

How can I get a job with an MNC company in Chennai?

You can apply directly to MNC companies in Chennai through their websites or careers pages. Additionally, recruitment agencies often assist candidates in finding employment opportunities with these companies.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]