Chandigarh has emerged as a preferred destination for the IT companies as per the recent report of Jones Lang Lasalle on “World Winning Cities Series-Emerging City Winners 2006”.
Ahmedabad, Kolkata, Indore, Nagpur and Chandigarh were taken up for the study as Tier III cities under the subject series about “India-The Next IT offshoring locations”, said an official release issued here.
The Country Head, Jones Lang Lasalle, India, Vincent Lottefier said, “This report identifies the five leading tier III cities at the present time. Of these, Chandigarh and Kolkata are best positioned to mature into major centres over the next five years.”
As per the report, Ahmedabad and Chandigarh were likely to be the winners among the firms seeking lower costs.
With lower wage rates and a significant pool of skilled staff, the Tier III cities are emerging as the favoured destinations to sustain the competitive advantage in the near future, it said.
Chandigarh and Ahmedabad have also emerged as the most preferred destinations for companies requiring non-specialised labour.
The report said that DELL selected Mohali near Chandigarh due to the availability of talented work force and Chandigarh’s high quality of life. Chandigarh has also been rated the best city in North India for providing all hygiene factors for living standards.
The report also mentioned that the efficient and pro-active administration of Chandigarh would be a key benefit to the IT companies that are considering expansion to the city.