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R. Balaji

Chennai, Oct. 1 Accenture, the $16.65-billion global management consulting, technology services and outsourcing company, is set to take up over 1.2 million sq ft space at The Gateway, the IT-specific SEZ by Shriram Properties and Sun-Apollo Real Estate, say sources.

Market sources said that Accenture would locate its entire range of IT and BPO services at the facility. Going by industry standards, the area leased by Accenture indicates that it has taken up space for over 10,000 employees. Monthly lease rent at The Gateway is estimated in the range of Rs 40-45 a sq ft.

Earlier this year, Accenture announced plans to expand its operations in India with an additional 8,000 workers to take its total workforce to about 35,000 by the year-end. This would be nearly half its global workforce. In Chennai, it has over 3,000 workers.

The sources said that bagging a marquee client such as Accenture is important for the project that also includes a commercial and retail component.

The Gateway has a shopping mall and 250 service apartments coming up adjacent to the IT-SEZ.

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