Zoom Video Communications India announced setting up a second technology centre in Chennai. The technology centre is part of Zoom’s expansion plans in India and will supplement the existing technology centres in Bangalore, Mumbai and Hyderabad. The company also plans to speed up its hiring in India in 2022, tapping India’s excellent talent pool to continue its growth and innovation trajectory. The Chennai technology centre will focus on research and development of new products and technologies to build a communications platform that will copy real-life immersive experiences for users worldwide to shift towards a hybrid format.

• SAIL Shares Slip 0.91% as CMD Amarendu Prakash Steps Down
• Bosch Jumps 12% in Two Sessions on E-Mobility JV
• Latent View Analytics Shares Skyrocket 20% on Deal with Healtheon AI 
• Ola Electric Shares Jump 9% on Roadster X+ Price Cut
• Lupin Shares Slumped Despite Acquiring Stake in Multicare Pharma 

“We acknowledge and value the importance of India as a crucial part of Zoom’s growth strategy. With the addition of the Chennai technology centre, we aim to compete at the forefront of technological leadership and help raise the bar in the new era of collaboration. As Zoom boosts its ecosystem for future innovations, our expanded presence in India will play a key role in helping accelerate the translation of ideas and concepts into futuristic solutions for the world. We welcome talents in India to be part of our growing DevOps, IT, security, and business operations teams as we expand our operations.”