Global IT major Accenture set to launch operations in Tiruchi

In a significant development, Accenture, a global Information Technology major, is set to launch operations in Tiruchi, one of the key educational hubs in the State

Accenture, a global Information Technology major, is set to launch operations in Tiruchi, one of the key educational hubs in the State.

For the U.S.-based global multinational professional services company, Tiruchi will be the third city in the State, after Chennai and Coimbatore, where it would have a facility. The presence of a number of institutions and leading engineering colleges is said to have weighed in favour of Tiruchi.

According to sources, the IT giant will function from a building on Karur Bypass near Annamalai Nagar. Work is under way to create the infrastructure for its office.

V. Arun Roy, Secretary, Department of Industries, told The Hindu that the company had expressed its readiness to launch its operation in Tiruchi to the Tamil Nadu delegation at the World Economic Forum in Davos in January. It was a transformational move for Tiruchi, which had a huge chunk of IT graduates. It would create new employment opportunities and contribute to the State digital ecosystem.

Informed sources said the company had begun the process of posting employees and recruitment for various roles.

The move assumes significance in the background of setting up of a TIDEL Park, a joint venture of Tamil Nadu Industrial Development Corporation (TIDCO) and Electronic Corporation of Tamil Nadu (ELCOT) at Panjapur, adjacent to the new Integrated Bus Terminus, on the Tiruchi-Madurai Highway. The premises will have a built up area of about 5.58 lakh sq.ft. A sum of ₹315 crore is allotted to the project. The construction work has already begun and the project is scheduled to be completed within 18 months.

“Accenture move is a gift to the people of Tiruchi, which is known for its manufacturing sector. The entry of IT Major will bolster the service sector in Tiruchi. It will change the profile of the city,” says K.N. Arun Nehru, Member of Parliament, Perambalur.