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MNCs and Corporates in Chennai
Real Estate Chennai, Corporates & MNCs 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 Indian city.

Chennai 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 for investors.

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