WPP to invest in two co-location campuses in India

Advertising and communication major WPP on Wednesday said it will invest in two co-location campuses in India, as part of its global strategy. It, however, did not divulge the quantum of investment for the two campuses.

The roll-out will commence with more than 3,800 people moving into a new Mumbai Campus in late August, while a Gurugram Campus will be set up next year, it said in a statement. In a first for WPP's India offices, the co-location will bring together more than 16 companies under one roof, with a space of 380,000 square feet over a 10-year lease, it added.

"India represents a region with immense opportunities for WPP. We are committed to building further momentum for our businesses there, through our campus investments," WPP chief executive officer (CEO) Mark Read said. Commenting on the new Campus, WPP country manager for India, CVL Srinivas said, "India is one of the most exciting markets for WPP with great growth potential. By investing in co-location campuses in key cities, we are bringing to life our vision to lead the market as a creative transformation company and to build a strong, cohesive WPP community." The new campus means our teams will have increased access to each other's expertise and this will go far in enabling our talent to do their very best work for clients, he said..

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