and Corporates in Chennai
The illustrious city of Chennai has carved a niche for itself
in the automobile, software and industrial arena. In present
day context, the city is known as a large commercial and industrial
centre apart from Chennai's cultural heritage and temple architecture.
The hospitality of Chennai and its able workforce has attracted
a large number of corporates and MNCs to this prominent south
is aptly called the automobile capital of India as half of
India’s automobile industry have a base here and a major
part of the nation's vehicles are being produced here. Several
global automotive companies such as Hyundai, Ford, Mitsubishi,
TVS, Ashok Leyland, Caterpillar, Royal Enfield, TI Cycles,
TAFE and MRF have manufacturing plants in and around.
Since the late 1990s, software development
and business process outsourcing and more recently hardware
manufacturing have emerged as major areas in the city's economy.
In recent times, the city of Chennai has been rated as the
most attractive Indian city for offshoring services. The IT
Corridor, on Old Mahabalipuram Road in the southeast of the
city houses several technology parks. The largest of these
is Tidel Park, built by TIDCO. The Mahindra World City, a
Special Economic Zone (SEZ) with one of the world's largest
information technology parks, is currently under construction
in the outskirts of Chennai.
Multinational corporations like Nokia, Flextronics
and Foxconn are setting up electronics manufacturing SEZs
in the satellite town of Sriperumbudur while Ericsson and
Alcatel have research and development facilities in the city.
Chennai also has two main biotechnology parks, TICEL bio-tech
park and Golden Jubilee bio-tech park at Siruseri that house
bio technology companies and laboratories.
With a conducive atmosphere, better infrastructure
and brilliant workforce, Chennai is definitely a good choice