Companies in ChennaiAlthough the recorded history of Chennai dates back only to the British era, the area was inhabited by the Homo sapiens even in the Stone Age. Much later it became the center of trade and commerce. Industrialization too began quite early in Chennai. However, the first recorded industry we can talk about is textile industry. Goods produced by textile mills of the region were of such superior quality that they were exported even to the Great Britain.
Chennai as a Commercial Center:Today, Chennai is the most important commercial as well as industrial center in whole of South India. There are two important reasons for that. The infrastructure is readily available and this has encouraged investment to a large extent; moreover, the people here are honest and hardworking. A survey in 2012 had revealed that there are 34,260 recorded companies in Chennai and among them 5,196 companies have paid up capital of Rs. 50, 00,000 or more.
Among them, the automobile industry deserves special mention. Many small and big automobile manufacturing companies have opened up units in and round the city. Let us start with Ashok Leyland.
Automobile Companies in ChennaiAshok Leyland , the renowned commercial vehicle manufacturing company, first started as Ashok Motors in the year of 1948. The company then used to assemble Austin cars. However, it is not long before it had equity arrangements with British Leyland and started manufacturing commercial vehicles under the name of Ashok Leyland. Ashok Leyland Nissan, on the other hand is a joint venture of Ashok Leyland and Nissam. The company produces light commercial vehicles in their plant near Chennai.
Ford also started their operation in Chennai in collaboration with Mahindra And Mahindra back in 1995. It is in fact their first venture in India. Escort was their first model and the company produces around 2, 00,000 cars per annum. BMW has a plant in Chennai for the assembly of their 3 and 5 series. It is a highly modern plant with state-of-art facilities. Other than these, there are quite a few renowned names that have opened up their unit in Chennai. Among them the following names need special mention:
- Hindustan Motors
- Royal Enfield
- TAFE Tractors
Growth Of Ancillary Companies in ChennaiWith so many well known names setting up their units in Chennai, it is natural that ancillary industry too will develop in and around the area. Consequently, today we have many well known companies manufacturing automobile parts such as shafts, batteries, lubricants etc in their units in Chennai.
Textile Companies in ChennaiOther than automobile, textile industry too has a major impact in the industrial scenario of Chennai. There are quite a few big and small names producing high quality fabric and this too has given rise to a healthy ancillary industry. Such ancillary companies in Chennai not only produce good quality textile machinery, they also produce high quality dyes, chemicals, labels etc.
Moreover, companies in Chennai also produce high quality garments, a large part of which is exported not only to different parts of India, but also to foreign countries.
Information Technology too is an important sector in Chennai. Following are some major software companies doing businesses here:
IT Companies in Chennai
- Cognizant Technology Solutions
- Sun Microsystems
- Verizon TCS
- Polaris Software Labs Ltd