A New Chapter Begins: State Street Moves into IndiaLand Tech Park, Strengthening Coimbatore's Rise as a Global Tech Hub
Wednesday, 16 July 2025 ()
In a major boost to *Coimbatore's commercial real estate landscape*, *IndiaLand Tech Park*, a *LEED Platinum-rated IT SEZ campus* in Saravanampatti, has welcomed global financial giant *State Street* as its newest tenant. Known for its eco-conscious infrastructure and premium business environment, IndiaLand continues to attract multinational corporations seeking sustainable and future-ready workspaces in India's tier-2 cities.*State Street officially inaugurates its Centre of Excellence at IndiaLand Tech Park, Coimbatore, occupying 2.1 lakh sq. ft. across four floors in Tower D**State Street*, a global leader in financial services and asset management, has taken up *2.1 lakh sq. ft. of office space across four floors in Tower D* of IndiaLand Tech Park. The *official inauguration of the Centre of Excellence* took place today, July 16, 2025.
With global corporations such as Accenture, Hexaware, Amazon, Bosch, Cognizant, and now State Street operating out of IndiaLand Tech Park, this collaboration marks a significant milestone in the city's economic development. It underscores the growing trend of multinational companies embracing sustainable, Grade-A infrastructure in India's tier-2 cities-positioning Coimbatore as a compelling destination for long-term growth and strategic expansion.
This move underscores the growing momentum of Coimbatore as a preferred destination for IT, BFSI, and technology firms. With its robust infrastructure, abundant talent pool, and favorable cost structure, the city is rapidly emerging as a high-potential alternative to traditional metros. Areas like Saravanampatti-an established IT and SEZ corridor in Coimbatore-are witnessing a surge in Grade-A commercial developments, increased demand, and rising occupancy rates.
Mr. Harish Fabiani, a visionary entrepreneur and *Group Chairman of IndiaLand Corporation,* is passionately committed to developing world-class, *sustainable infrastructure across India.* Under his leadership, IndiaLand has delivered high-performance campuses in key cities including *Mumbai, Pune, Chennai, and Coimbatore*-each reflecting his forward-looking vision of environmentally responsible and globally competitive business destinations.
*Salai Kumaran, CEO, IndiaLand Tech Park, *expressed his excitement, "A growing number of global IT giants are choosing to be part of the Platinum-rated, eco-friendly IndiaLand Tech Park community. Their decision to establish a base here reinforces the strategic value of Coimbatore and validates our continued investment in sustainable, future-ready campuses. These partnerships are a proud moment for us."With operations commencing today, State Street's entry marks a defining moment in Coimbatore's economic development. It also highlights how international enterprises are increasingly turning to sustainable office spaces in India's tier-2 cities to drive long-term growth.This partnership sets a compelling example of how world-class companies, when paired with green infrastructure, can unlock economic potential beyond metro markets-firmly positioning Coimbatore as a rising global business hub.
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