Chennai, July 30 -- Two leading global companies, Chubb of Switzerland and Nordex of Germany, will establish their centres in Chennai, Tamil Nadu, for the first time, according to an official press release.

Chubb's proposed Global Capability Centre (GCC) was expected to create employment for 220 professionals, while Nordex's proposed Research and Development (R&D) Centre was expected to generate 1,000 jobs. Combined, these two investments were projected to create 1,220 high-paying employment opportunities in the state.

Switzerland-based Chubb Group is a world leader in global property and casualty insurance, operating in 54 countries with its main headquarters located in Zurich, Switzerland.

Germany's Nordex Group is one of the world's...