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  Chennai - The City of Temples




 Chennai - Business Information

Business Facts

GDP per Capita: $495
Major Exports: Fasteners, Builder's Hardware, Electrical Stampings, Pressed Steel & Rigid PVC Pipes
Major Foreign Exchange Counters: Bank of America, Standard Chartered Bank, Western Union & Thomas Cook
Key Industries: Coffee, Coir, Tea, Automobile, Auto Ancillary, Electronics, Petrochemicals, Textiles, Entertainment, Software Services, Hardware Manufacturing, Financial Services & Apparels
Major Industrial Areas: Ambattur-Padi Industrial Estate & Guindy Industrial Estate (also known as Thiru-Vi-Ka Industrial Estate)
Major Business Hubs: Chennai Trade Center, Anna Salai, Radhakrishnan Salai, Nungambakkam, Alwarpet, Praksam Road, M.G Road & Sardar Patel Road
Major Ports: Chennai Port & Ennore Port

Business Overview
Chennai is a city with diversified economic base. The city is known by the name of ‘Automobile City’ of the country, as it is the base for around 45 per cent of India's auto components industry and 27 per cent of the vehicle industry. Some of the known global automotive companies such as Hyundai, Ford, Mitsubishi, TVS, Royal Enfield, TAFE, Dunlop, MRF have manufacturing plants in and around Chennai.

Auto Ancillary is the other major Industry of Chennai. Recently, software development and business process outsourcing also have emerged as major areas in the city's economy. Software giants like Infosys, Wipro, Accenture and HP have development centers in the city. This fast emerging IT hub has a well developed Special Economic Zone (SEZ) of its own which is housing many technology and biotechnology parks.

Chennai is also an important center for banking and finance, with several large financial companies, insurance companies, Madras Stock Exchange, national and international banks headquartered here.

Major Business Centers
Chennai Trade Center (CTC):
Set up over an area of 25 acres in Nandambakkam at a prime location in Chennai, the center is the initiative of ITPO (Indian Trade Promotion Organization). It is Comprising of two air-conditioned halls encompassing areas of 5,000 sq. meters. The complex recently has added a modern and fully air-conditioned Convention Center.

The Convention Center which conducts some of the major conferences, conventions, cultural shows and trade fairs of the country, has numerous unique facilities like sliding partition, infra-red digital interpretation systems, theatrical lighting system, modern audio and video system, meeting rooms, banquet hall, business center, multiple screen backdrops and much more.

Major Commercial Hubs
Anna Salai:
Anna Salai is the most important Shopping and commercial venue of Chennai. It has the major shopping complex and markets like Mount Road and offers a wide range of products, hotels, restaurants, art galleries, emporiums and a feast of glittering showrooms.

Mahatama Gandhi Road (M.G. Road):
Located at the heart of Chennai, at Nungambakkam division or taluk, M.G. Road road is one of the busiest commercial centers of Chennai. It is often called by the name Nungambakkam High Road (NH Road) too. The road is dotted with commercial office spaces, institutions, up market shopping complexes and financial institutions like ICICI Bank and ABN Amro Bank. MG Road also houses important institutional spaces like the Southern India regional council of Institute of Chartered accountants of India, Ayakar Bhavan (Office of Income tax department), Office of Central excise and customs and some famous hotels like Taj Coromandel and The Park.

Another important landmark located near to the M. G. Road is the US Consulate and is located near the Junction of M. G. Road and Mount Road. The intersection Point of MG Road, Anna Salai and Dr Radhakrishnan Salai is popularly known as the ‘Gemini Circle’.

Major Manufacturing Zones
Ambattur-Padi Industrial Estate (AIE):
AIE is the biggest small-scale industrial estate and Textile Industry hub of South Asia. There are large number of apparel industries and textile industries like ACL (Ambattur Clothing Limited) and Bombay Fashions. Spread over an area of 4.9 km², AIE also has development centers of some known software companies like HCL and Tata Consultancy Services. There are also few BPO centers in the area.

Location: North- west Chennai, Tiruvallur district

Manufacturing: Textiles & Apparels

Guindy Industrial Estate:
Also called by the name Thiru-Vi-Ka Industrial Estate, Guindy Industrial Estate works under the administration of Tamil Nadu Small Industries Development Corporation (SIDCO). The industrial area is spread over 405 acres. Centrally located in the prime locality of the city of Chennai, the estate houses small, tiny units besides development Institutions, Banks, training centers and industrial complexes for garments & electronics.

Location: Southwestern margin of Chennai,

Manufacturing: Garments, Electronics & IT/ITES


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