3i Infotech has inaugurated a new Global Development Centre (GDC) in Chennai. The centre’s focus area will be the development of 3i Infotech’s insurance solution PREMIA. The centre will employ 2400 people.

“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”, V. Srinivasan, managing director and chief executive officer, 3i Infotech said.

“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,” he added.