2006-09-19 05:40:27 · 2 answers · asked by Mylapore Mani 3 in Business & Finance ➔ Careers & Employment
Since the late 1990s, software development and business process outsourcing and more recently manufacturing have emerged as major areas in the city's economy. Chennai has been rated as the most attractive Indian city for offshoring services according to A T Kearney's Indian City Services Attractiveness Index 2005.[1]. Software services giants like Infosys, TCS, Wipro, Satyam, EDS, Accenture, Sun Microsystems and HP have development centres in the city. The IT Corridor, on Old Mahabalipuram Road 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. Multinational corporations like Dell, Nokia, Motorola, Siemens, Flextronics,and Foxconn have or are in the process of setting up electronics manufacturing plants in the Sriperumbudur electronics SEZ. Ericsson and Alcatel have research and development facilities in the city while Texas Instruments' R&D facility is in the pipeline. The city has two main biotechnology parks, TICEL bio-tech park and Golden Jubilee bio-tech park at Siruseri that house bio technology companies and laboratories.
2006-09-19 05:45:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I heard the next US President is going to stop providing kickbacks to companies that go Off Shore, so I predict most It companies in India will go under.
2006-09-19 12:45:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋