Thu May 08 17:32:25 UTC 2025: ## US Tech Firm Korcomptenz Expands Indian Operations with ₹20 Crore Investment
**Chennai, May 8, 2025** – U.S.-based IT consultancy firm Korcomptenz Inc. announced a significant expansion of its Indian operations today, investing ₹20 crore in new offices in Chennai and Hyderabad. The expansion includes the establishment of a new AI innovation hub in Chennai.
The company, which has been operating in Chennai since 2006, cited growing client demand and access to skilled Indian talent as key drivers for the expansion. CEO Prakash Anthony stated that the investment will primarily focus on human resources, with plans to hire over 300 professionals within the next 18 months. President Clara D’Silva emphasized the creation of state-of-the-art infrastructure and AI labs to support this growth.
Korcomptenz, with 20 years of experience serving mid-market enterprises, currently operates in eight global locations, including the U.S., Canada, UAE, Saudi Arabia, Australia, Mexico, and the Philippines. The company’s expansion reflects a broader trend of technology firms leveraging India’s growing talent pool and strategic location for global operations.
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