3i Infotech, a global provider of IT solutions has announced the launch of its new Global Development Centre (GDC) in Chennai. The centre will focus on the enhancement and development of the company’s flagship insurance solution PREMIA, and the Kastle line of banking solution. It will also house a Data Centre.

The establishment of the Chennai GDC is in line with the company’s strategy for organic growth through the enhancement of its IP.

“3i Infotech has been following a steady strategy of growth through both organic and inorganic means. While we continue our acquisition path, we will also focus heavily on organic growth through the enhancement of our existing line of product offerings, and customer acquisitions. Chennai has been an important hub for us, both as a market and a development centre, and we hope to leverage the city’s talent pool and technical capabilities to grow our operations here,” observed V Srinivasan, MD and CEO, 3i Infotech.