Highlights
There’s reason why Tamil Nadu and its capital city, Chennai have been consistently selected one of the finest investment destinations in India and are home to some of the world’s best companies:
- Ranked among the “BEST” Indian States for investment - CII report
- “FDI” magazine of Financial Times rated Tamil Nadu as the “Asian region of the Future 2005-06” with maximum FDI potential
- One of the top three recipients of Foreign Direct Investment (FDI)
- Infrastructure development of Chennai rated better than other states / cities by independent site evaluation studies of Ford, World Bank, BMW, Foxconn, Stanchart, Nokia, Flextronics etc
- Stable Political climate and Investor-friendly government
- Most urbanized state
- Dominant share in both new and old economy industries
- 3rd largest software exporter
- Tagged as ‘The Detroit of India’ and ‘The Mecca of detail’
- The cost of Manpower and Cost of Living is lower in Tamil Nadu than other competing locations in India
- Excellent telecommunication infrastructure.
- Availability of world-class bandwidth connectivity and telecom infrastructure for high-speed large volume data transfer
- Fully digital network and 2 submarine cables with a combined capacity of 13+tbps provide virtually unlimited bandwidth
- India’s third largest international airport located in Chennai
- 270-passenger flight and 28 cargo flights per week at Chennai Airport-the Largest in South India
- Modern ports (with container handling facilities) and airports with direct links to Europe and East asia
- Tamil Nadu has 3 major Ports: Chennai Ennore and Tuticorin with twin port advantage at Chennai and Ennore apart from 14 minor Ports
- A total road network of 150,000 kms
- Abundant availability of skilled manpower resources
- Has 40 Universities, 350 engineering colleges, 210 polytechnics and 1200 industrial training institutes
- Generates over 100,000 engineers and 46,000 technicians every year
- The attrition rate is one of the lowest in the country