Chennai’s four-lakh employee-strong IT and ITeS ecosystem is losing the race – albeit momentarily – to manufacturing and consulting firms that are briskly occupying office spaces during the first half of the current calendar year.\u00a0Companies such as Renault Nissan, Ford, and other auto-component and ancillary firms and consulting firms like EY took lakhs of sq ft at a time office space absorption proved slower than usual at 1.8 million sq ft with a 9% drop.<\/p>\n
Read more: Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Chennai’s four-lakh employee-strong IT and ITeS ecosystem is losing the race – albeit momentarily – to manufacturing and consulting firms that are briskly occupying office spaces during the first half of the current calendar year.\u00a0Companies such as Renault Nissan, Ford, and other auto-component and ancillary firms and consulting firms like EY took lakhs of sq\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[81,99,104],"class_list":["post-528","post","type-post","status-publish","format-standard","hentry","category-chennai","category-city","tag-ites-offices","tag-office-demand","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=528"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/528\/revisions"}],"predecessor-version":[{"id":529,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/528\/revisions\/529"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}