I.T in CHENNAI
The city has high quality living accommodations, at lower real-estate cost among metros (Survey by real-estate Consultant Jones lang LaSelle).
Excellent schooling facilities are available including International Schools.
The city is No.1 in Health care facilities with super-specialty world-class hospitals.
The city has state of art International Airport with 270+ passenger direct flights and 28 cargo flights per week and it is largest in south India.
The city has two modern sea ports for international connectivity.
Peaceful living condition due to strong enforcement of law and order by Government .
Good entertainment facilities, including the world’s second longest beach front, lined with exotic beach resorts.
Theme parks, golf links, bowling alleys, multi-cuisine restaurants etc. are ideal week end pots.
Lower cost of living. Chennai ranked 138 among 145 Cities by Mercer Study, 2005.
IT-parks:
TIDEL is the advanced IT Park with the built up area of 1.28 million sq.ft., with auditorium, banquet and exhibition halls and all the 12 floors are fully occupied. This is the most modern and the largest IT Park of India which has State-of-the-art intelligent building management system.the pak has Large bandwidth with reliable last mile OFC connectivity, Satellite earth station, Micro-wave and fibre linkages.
TIDCO-Ascendas IT Park with built up area of 1.56 million sq.ft. under development , Phase I construction of 525,000 sq.ft is completed and Phase II construction. of 1,030,000 sq.ft is under progress.
SIRUSERI IT PARK is developed by SIPCOT(State Industries promotion Corporation of Tamil Nadu Ltd.), in 1000 acres of land at Siruseri Village, Chengalpattu Taluk, Kanchipuram District which is about 30 Kms on old Mahabalipuram road from Chennai City, in the Cyber Corridor for allotment of land to IT Companies, who wish to build their own campuses. This park proposes to have all basic infrastructure facilities like separate Sub-Station for Power supply, separate Telecom Exchange and High Speed Data Connectivity. Several IT companies have already booked land in this facility.
Mahindra City is India's first fully planned and integrated Business City promoted through a private - public partnership model.it is Just 30 minutes from Chennai Airport, this 1400 acre haven is surrounded by hills, lakes and a reserve forest. With infrastructure that is best-in-class, an environment nurture mandate, home just a walk away, and the best of social support amenities, Mahindra City offers, a truly unparalleled experience to the IT and ITES Industry. It has today attracted the top IT companies in the country such as Infosys Technologies. Infosys plans to put up its 2nd largest development centre at Mahindra City with over 5000 employees operating from this facility. Promoted by the Mahindra Group, Infrastructure Leasing and Financial Services Ltd. (IL& FS) and Tamil Nadu Industrial Development Corporation (TIDCO), Mahindra City has been master-planned by the world's leading park developers and planners
Under fast track clearance mode more than 40+IT Parks in the private sector being promoted at Chennai.ELCOT has given NOC to 150+ private builders for construction of IT Parks, covering more than 48 Mn sq.ft..6.0. Mn sq.ft have been already built and 42Mn sq.ft. under construction
Top Indian IT companies TCS,Infosys,Wipro,Satyam,HCL,Patni Computers,i-flex,Mahindra, British Telecom,Polaris,Hexaware,Accenture.
NEW ELECTRONIC HARDWARE MANUFACTURERS
Apart from IT&ITES industries, Chennai has been chosen as the preferred destinations of choice by the many international hardware manufacturing firms and as well as by the many international automobile firms.
Nokia, Finland - Mobile Phones: USD 150 Mn
Flextronics, USA - Electronic Hardware: USD 100 Mn
Hon Hai / Foxconn, Taiwan: Electronic Hardware: USD 110 Mn
ASPOCOMP, Finland: Electronic Hardware: USD 80 Mn
Motorola, USA - Mobile handsets: USD 30 Mn (I Phase)
Spelmech Semi-conductors: USD 45 Mn
Salcomp (USD 40 Mn),
Perlos (USD 45 Mn) and many more component manufacturers
FORD
HYNDAI
Mitsuibishi
Reason for NOKIA in CHENNAI.
Skilled Manpower availability and Lower wage rates
Good Air Connectivity
Faster Customs Clearance
Reliable Power Infrastructure and competitive tarriff
Incentives from the Government
In the final analysis, Nokia found Chennai cheaper than China by about 11% and it stated by Sr VP, Operations & Logistics,Customer & Market Operations, Nokia.“We had visited several locations in the country (India) before zeroing in on Chennai. Our decision has been based on three key factors...the pro-active approach of the state government, overall development of the area... and the availability of skilled manpower”
Mr. Raimo Puntala.
IT CORRIDOR IMPLEMENTATION
The world class 6 lane road for 25 km stretch with toll plaza and attendant Facilities is being developed along the Old Mahabalipuram Road, the most preferred destination of IT Companies, renamed as ‘IT Corridor’.This implementation is through a special purpose vechile called IT Express Way through Public-Private Partnership model.
Phase – I stretch covers 20km from Madhya Kailash Temple Junction to Siruseri whih Includes ECR Link Road (2.1 km)
Phase - II stretch covers 25km from Siruseri to Mahabalipuram
This IT corridor connects TIDElpark.HCl,CTS.Satyam,Wipro,KIT,Infosys,TCS,Polaris,Xansa,Siruseri IT Park Till Mahabalipuram.
Runs parallel to theEntertainment corridor ,along the scenic EastCoast Road.
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