Ambattur Industrial Estate has attracted a lot of IT companies due to its proximity to residential neighbourhoods and the lower rentals. The lease rentals of IT Parks in Ambattur are half of those in the city. Information Technology (IT) companies such as MilesTs, HCL Technologies, Dell and Tata Consultancy Services have their development centres here. Out of the 22 facilities that HCL Technologie
s has in Chennai, six are in Ambattur. There are also a few BPO centres such as Perot Systems, Telebuy, Polaris BPO, Serco, First Source & iOPEX Technologies. Prince Info Park, Ambit Park, One Indiabulls Park are some of the major IT parks in Ambattur. Chennai Tech Park, a 2,400,000 sq ft (220,000 m2), state-of-the-art, futuristic IT park, on 10 acres (40,000 m2) of land is commissioned since 2009. Royal Bank of Scotland a renowned UK Bank has stated its IT operations in Chennai Tech Park. As a remarkable mile stone, CMA CGM, world's 3rd largest liner started their documentation centre along with Regional eCommerce Team in AMBIT park. However, the demand for commercial space in Ambattur is not as robust as Rajiv Gandhi Salai which is marketed extensively by the government. While IT and ITeS firms in Ambattur have brought in a new image to the industrial belt that has been known for its garment and auto-ancillary units, it has increased the real estate prices.
