As explained on Wikipedia, Chennai has a diversified economic base driven primarily by the auto, IT and services industries. Chennai is a major manufacturing centre in India. Other important industries include petrochemicals, textiles and apparels. The Chennai Port and Ennore Port contribute greatly to its economic importance. The city's stock exchange is called the Madras Stock Exchange.
Since the late 1990s, software development and business process outsourcing have emerged as major areas in the city's economy. The IT Corridor, on Old Mahabalipuram Road, and currently being turned into a six-lane expressway in the southeast of the city houses several technology parks. 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.
Chennai is the base for over forty percent of India's automotive industry. The city is also an important centre for banking and finance. Many Indian banks, multi-national banks and the World Bank have located their back office operations in the city. The city serves as a major back up centre for operations of many banks and financial companies in India.
The city is home to the Tamil entertainment (motion pictures, television, and recorded music) industry.
Source: Wikipedia
Since the late 1990s, software development and business process outsourcing have emerged as major areas in the city's economy. The IT Corridor, on Old Mahabalipuram Road, and currently being turned into a six-lane expressway in the southeast of the city houses several technology parks. 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.
Chennai is the base for over forty percent of India's automotive industry. The city is also an important centre for banking and finance. Many Indian banks, multi-national banks and the World Bank have located their back office operations in the city. The city serves as a major back up centre for operations of many banks and financial companies in India.
The city is home to the Tamil entertainment (motion pictures, television, and recorded music) industry.
Source: Wikipedia
