Chennai, formerly known as Madras, is a city in southern India that is experiencing significant growth in business and commerce. As the capital city of the state of Tamil Nadu, Chennai has emerged as a major hub for various industries and sectors.

The information technology and software services industry have played a vital role in Chennai’s business growth. The city is home to several IT parks and technology companies, attracting both domestic and international players. Chennai’s skilled workforce, infrastructure, and favorable business environment have made it a preferred destination for IT companies, offering software development, IT consulting, and business process outsourcing (BPO) services.

Chennai is home to several Special Economic Zones (SEZs) and industrial parks that provide additional benefits for businesses. These designated areas offer tax incentives, infrastructure support, and a favorable regulatory framework, attracting both domestic and international companies. The SEZs and industrial parks contribute significantly to the city’s industrial growth and export capabilities.

Chennai’s automobile industry is a significant contributor to its business growth. The city hosts major automobile manufacturers and has established industrial estates dedicated to automotive production. Chennai’s strategic location, well-developed infrastructure, and availability of skilled labor have attracted automotive companies to set up manufacturing plants and research and development centers in the city.