Regus affirms faith in Chennai and South India with major new business centre
This is Regus’ fourth new business centre in Chennai since September 2006 and there are plans for more. Sahil Verma, COO for Regus India said: ‘this is our 14th venture in southern India where we’ve seen a remarkable 25% increase in demand with no end in sight. We look forward to helping firms grow in both the city and the region. Flexible workspace helps businesses of all sizes work more efficiently.’
Verma commented that “Regus goes to the locations that matter, places where local and international businesses are congregating Chennai already has the fourth largest Gross Metropolitan Product in India, driven by both established and new technology industries. Such firms prosper by being nimble, by having staff on the move. They need flexible workspaces and our presence helps businesses demonstrate trust in and care for their staff, which in turn attracts talent, and boosts productivity”.
Chennai was recently rated as having the highest quality of life among Indian cities based on the "Location Ranking Survey" conducted by ECA International. Verma notes that ‘good work-home balance is a key to this success. Chennai is ahead of the curve here and that means a city hungry for the flexible working that is Regus’ rationale’.
Regus is clear that ‘Chennai 4’ is part of a programme of strategic investment in India. It is already the number one provider of flexible workspaces in the country with 46 centres up and running since 2005, and a 42% increase in business in 12 months.
Verma says that ‘we are proud as a company – and I am proud as a patriot – to help fuel the growth of the Indian giant. This is about long-term belief: Regus couldn’t be more committed to India’.