'Connect'ing TN with ITeS

Tamil Nadu Chief Minister J. Jayalalitha Thursday positioned the state as "the destination for IT and ITES (IT enabled services) industry" by announcing that 11.8 million sq ft of space would be earmarked exclusively for the sector.

This is in addition to the 5.2 million sq ft already dedicated for the booming IT sector in and around this state capital.

'The fact that 5.2 million sq ft of space for IT industry is under construction in Chennai indicates the boom. There are more than 40 IT parks that are coming up in the public as well as private sector, and 11.8 million sq ft of space is also on the drawing board showing the frenetic pace of activity,' she said.

"There are already more than 40 IT parks that are coming up in the public and private sector".

The chief minister disclosed that Chennai would soon have a new airport with a new runway as well as all the transportation and housing infrastructure that IT companies may need

Chief Minister announced today that the work on a new IT park in Coimbatore would commence soon as the land for the same has been allotted by the ELCOT

http://www.newkerala.com/news.php?action=fullnews&id=20957
&
http://newstodaynet.com/08sep/rf7.htm

CONNECT 2005 - DAY 1

Chennai bests China
http://www.thehindubusinessline.com/2005/09/09/stories/2005090903360400.htm

TN plans second IT park at Siruseri
http://www.thehindubusinessline.com/2005/09/09/stories/2005090901961900.htm

Taiwan-based hardware cos show interest in Chennai
http://www.thehindubusinessline.com/2005/09/09/stories/2005090903370400.htm

More TN sops for ITES sector
http://www.thehindubusinessline.com/2005/09/09/stories/2005090901951900.htm

Taiwan agency to set up IT centre
http://www.hindu.com/2005/09/09/stories/2005090904830400.htm

Information technology experts give the thumbs up to Chennai

As the State's biggest annual information technology event, CONNECT 2005, drew to a close on Friday, the overwhelming verdict of many foreign and Indian delegates was that Chennai should be branded and `sold' better.

The mention of IT anywhere still brought images of Bangalore and, to a lesser extent, Hyderabad. Chennai was not even a blip on the radar of many overseas companies because they did not know about the city and its strengths.

http://www.hindu.com/2005/09/11/stories/2005091108450500.htm

Accenture bullish on India; to hire upto 5,000 in Chennai

Chennai, Sep 12. (PTI): Global management consulting, IT services and outsourcing firm Accenture today said India would be one of the key markets in terms of hiring by the company, with its Chennai operations alone expected to grow from the present 800 employees to 5,000 in the coming years.

http://www.hindu.com/thehindu/holnus/006200509121713.htm

TN Govt's ITeS policy offers incentives

CHENNAI: Tamil Nadu on Thursday unveiled its IT Enabled Services (ITES) policy for 2005, giving a slew of incentives such as capital subsidy on investments in new units and cent per cent relaxation of floor space index on IT parks besides encouraging com panies to employ women workers.


Anniyan,
Does it mean that there will be no limits on the number of floors that an ITES park can have. If that is the case then we are about to see a great skyline in chennai.

Awesome news guys :)

Flextronics to set up Rs 450-cr facility in TN

FLEXTRONICS is all set to invest about Rs 450 crore ($100 million) in a manufacturing facility at Sriperumbudur, near Chennai.

The Tamil Nadu Cabinet today approved a package of incentives that included requesting the Centre to accord the facility product-specific special economic zone status.

http://www.thehindubusinessline.com/2005/09/14/stories/2005091402170300.htm

Work on desalination plant soon

http://www.hindu.com/2005/09/14/stories/2005091408230100.htm

Work on the 100 million litres a day (MLD) desalination project at Manali is expected to start in six months, according to E. Sudhir Reddy, Vice-Chairman and Managing Director of the IVRCL Infrastructures and Projects Limited, the private promoter of the project.


One more good news! Hope this brings an end to the water woes of chennai!!!

Ascendas Inaugurated
Probable Clients include.
1) Amazon
2) Caterpiller
3) Profiltlogic
4) Technosoft
5) Cordiant
7) Technosoft
6) Visual Graphics( Mc Kinsey co).
Here is the link (http://www.hindu.com/2005/09/14/stories/2005091405910500.htm)

Ascendas to hike investment 4-fold — First phase of tech park in Chennai completed

http://www.thehindubusinessline.com/2005/09/14/images/2005091401500401.jpg
Mr Goh Kok Huat (left), CEO, Ascendas India Ltd, and Mr Jonathan Yap, Head-South, at a press conference in Chennai on Tuesday. — Bijoy Ghosh

http://www.thehindubusinessline.com/2005/09/14/stories/2005091401500400.htm

the render:
http://img207.imageshack.us/img207/9674/itpcpic6nb.th.jpg (http://img207.imageshack.us/my.php?image=itpcpic6nb.jpg)

Here's an u/c pic by Balu

http://img232.imageshack.us/img232/2176/319815724fba442ca0b6lz.th.jpg (http://img232.imageshack.us/my.php?image=319815724fba442ca0b6lz.jpg)

FLEXTRONICS PLANT IN CHENNAI

Flextronics reportedly plans second plant in India


K.C. Krishnadas
EE Times
(09/14/2005 9:18 AM EDT)


BANGALORE, India — Electronic manufacturing services provider Flextronics will set up a second plant in India, initially investing $30 million to $50 million with additional investments of $300 million to $500 million over the next 10 to 15 years, according to a Reuters report from Tokyo.
The report quoted Peter Tan, president of Asia Pacific for Flextronics International Ltd., stating the second plant will be built on 150 acres in Sriperumbudur, near Chennai in the southern India Tamil Nadu region.

"We would like India to be another China, if possible, but that's going to take a lot of work as India does not have a lot of trained resources to work in factories," the report quoted Tan as saying. "The growth of manufacturing in India would be much more challenging compared to the growth of manufacturing in China."

Flextronics will initially build mobile handsets and set-top boxes in the plant, with automotive electronics, medical equipment and laser printers to possibly follow later. The Tamil Nadu government has also approved a package of incentives including making the plant’s location a special economic zone, according to another report here today from Chennai in The Hindu Business Line.

Flextronics has a plant in Bangalore it took over when the company acquired Motorola's pager manufacturing operations several years ago. The plant, which now employs 1,000, is also slated for expansion.


http://www.eet.com/news/latest/showArticle.jhtml?articleID=170703061

Bally Gaming and Systems Announces Opening of Offshore Development Center in Chennai, India


LAS VEGAS, Sept. 14 /PRNewswire-FirstCall/ -- Bally Gaming and Systems, a
business unit of Alliance Gaming Corp. (NYSE: AGI), announced today plans to
expand its engineering operations by opening a wholly owned offshore
development center in India to improve the speed and quality of product
enhancement deliverables and customer service levels.
The new Bally development center will be located in Chennai, a growing
technology hub of India. Chennai has emerged as a popular offshore choice as
Bangalore, India's "silicon plateau," has become saturated in terms of
infrastructure and availability of resources.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-14-2005/0004107459&EDATE=

Awesome news guys :)

Flextronics to set up Rs 450-cr facility in TN

FLEXTRONICS is all set to invest about Rs 450 crore ($100 million) in a manufacturing facility at Sriperumbudur, near Chennai.



Excellent!! lot of good news guys..:nocrook:

Here's an u/c pic by Balu

http://img232.imageshack.us/img232/2176/319815724fba442ca0b6lz.th.jpg (http://img232.imageshack.us/my.php?image=319815724fba442ca0b6lz.jpg)

thanks for the pic sun:)

more stuff:

http://img373.imageshack.us/img373/997/imageloader3ot.th.jpg (http://img373.imageshack.us/my.php?image=imageloader3ot.jpg)

Caption: Goh Kok Huat, Chief Executive Officer, Ascendas Limited, one of Asia's leading business space providers (second from left) explaining the features of the Ascendas building, Phase I built at Tharamani to the Tamil Nadu Chief Minister, J. Jayalalithaa at the inaugural function held in Chennai on September 14, 2005. Tharman Shanmugaratnam, Minister for Education, Republic of Singapore (extreme right) and Chong Siak Ching, Director, Ascendas Pte Limited looking on. Photo: S. R. Raghunathan

RR tech park, Gunidy

http://img155.imageshack.us/img155/1649/15za.jpg (http://imageshack.us)

well here is this huge construction going on at nelson manickam road and ph road junction...... how come no info about it..... i dunno how big it is but it uses 2 huge cranes and when completed will have 7 theatres in it and there is this rumour going around that this will be the largest mall in chennai ..... bigger than spencers!!

IT cos working on SEZ proposal at Siruseri
Rope in Pricewaterhouse Coopers to prepare concept report

A group of information technology companies is working on a plan that envisages getting a part of the industrial park in Siruseri converted into a Special Economic Zone (SEZ), motivated primarily by the tax benefits available to units located in an SEZ.

The group expects to finish the proposal in three weeks and submit it to the State Industries Promotion Corporation of Tamil Nadu (Sipcot), the nodal agency for the industrial park that is located about 30 kilometres from Chennai airport.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=200872

Hi,
I am new to this thread.I have a question...like can anybody tell me where exactly the proposed township of 6000 apartments is being constructed(Siruseri).And what is the latest update on the progress?
Thanks
Vi

Hello Everybody,
I was reading all informations in your threads, it was gr8.
I have news for you....

Nortel steps up presence in India

In a strategic move to expand its presence in India, Nortel announced the establishment of new offices in Chennai, Hyderabad and Kochi.

http://feeds.bignewsnetwork.com/redir.php?jid=0826c81a54d17c97&cat=701ee96610c884a6

Looks like there is some progress in IT corridor, anybody else have
news

http://www.hindu.com/2005/09/21/stories/2005092118060100.htm

Thanks to the dynamic Dayanidhi Maran, Bill Gates may visit Chennai.
Chennai, Sep 22 (IANS) Microsoft Corporation chairman Bill Gates has accepted an invitation from Union Minister of Communications and Information Technology Dayanidhi Maran to visit India.

Gates is likely to be in India by the year-end and visit Chennai during his tour, a Press Information Bureau, Chennai, release said Thursday.
http://in.news.yahoo.com/050922/43/609n3.html

^^^ Gates' visit may turn out to be the much needed marketing push for Chennai.

Nokia's SEZ has been cleared by the govt.
http://economictimes.indiatimes.com/articleshow/1239432.cms

Extreme Networks opens IT centre
NT Bureau
Chennai Sept 23:

Extreme Networks, a US-based provider of telecom networking solutions, had opened a software development centre in Chennai to focus on convergence solutions.

The new IT centre will develop solutions that enable companies to implement an internal network to support simultaneous voice, video and data communication. The IT office will have around 40 people on its rolls initially. By June next year, the staff is expected to double from the present strength.

Addressing newspersons here recently, Alexander J Gray, chief operating officer, Extreme Networks, said the Chennai centre would service the needs of the parent company.

http://newstodaynet.com/23sep/bu2.htm

http://img389.imageshack.us/img389/557/zoom21dz.jpg
http://img160.imageshack.us/img160/580/zoom38uw.jpg
http://img160.imageshack.us/img160/6933/zoom40rz.jpg
http://img160.imageshack.us/img160/2052/zoom56iv.jpg



click here for more.... http://ccclindia.com/

http://img383.imageshack.us/img383/585/albumno0115mq.jpg
http://img383.imageshack.us/img383/848/albumno0138wk.jpg
http://img383.imageshack.us/img383/8889/albumno0146hu.jpg
http://img383.imageshack.us/img383/4137/albumno0158zz.jpg

click here for more... http://ccclindia.com/html/projects.asp

^^ Nice find, Thanks :)

IT Parks on IT Highway
TCS (Karpakkam Software Technology Park, 2,40,000 sq.ft./ 8 Floors )
http://img375.imageshack.us/img375/6073/single9ti.jpg
http://img376.imageshack.us/img376/5663/dz1210lr.jpg

Click here for more.. http://www.margconstructions.com/itinfra.html

Software Technology Park (2,00,000 sq.ft./ 8 Storeys, Karpakkam, Chennai)

http://img379.imageshack.us/img379/3587/digi12tq.jpg
http://img387.imageshack.us/img387/4679/digi23uf.jpg
http://img390.imageshack.us/img390/893/digi51sj.jpg

click here for more... http://www.margconstructions.com/digitalzone2.htm

IT Park on IT Highway (2,15,000 sq.ft./ Karapakkam, Chennai)

http://img397.imageshack.us/img397/4373/marga11cs.jpg
http://img208.imageshack.us/img208/2638/margb15hw.jpg

http://img375.imageshack.us/img375/8026/marg18yz.jpg
http://img376.imageshack.us/img376/3514/marg22tl.jpg
http://img377.imageshack.us/img377/4323/marg30qk.jpg

Click here for more... http://www.margconstructions.com/MARG%20Serviced-info_priya.pdf

Chennai Map with IT projects:

http://img400.imageshack.us/img400/5126/itparkmap19gr.jpg
http://img364.imageshack.us/img364/2341/itparkmap20qe.jpg
http://img354.imageshack.us/img354/8674/itparkdetails5uk.jpg

click here for more... http://www.margconstructions.com/chennaiimg.htm

copyrights Margconstructions Ltd.

^^ Wow! Added to those given above, Syntel has finalized its plan for Chennai.

Syntel Inc, a global information technology services firm, today said it was building its next campus in Chennai while its Pune campus would be inaugurated next month.

Registration of 27.52 acres of land for the Chennai campus has been completed, Syntel's India-based chief operating officer, Keshav R Murugesh, said in a release here.


http://www.chennaionline.com/colnews/newsitem.asp?NEWSID=%7B7E57CC3B-A4F0-44F5-A46C-BEA770655096%7D&CATEGORYNAME=Business

Mahindra World City to develop residential space

Mahindra Gesco Developers Ltd, the property development arm of Mahindra, together with its subsidiary Mahindra World City, will develop residential space in Mahindra World City, the industrial park outside Chennai that is spread over 1,400 acres.

Initially, the SPV will construct over 4 lakh sq ft of residential apartments for Infosys employees in 20 acres of land.

Infosys Technologies is setting up India’s largest software development centre to house 25,000 software professionals at an estimated investment of Rs 1,250 crore in Mahindra World City.

About 642 acres which is dedicated as a special economic zone for auto, garments, software, engineering, bio-technology and other non polluting industries has fully been booked for project developments.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu1&leftindx=1&lselect=1&chklogin=N&autono=201193

The company plans a $175-mn project spread over 70 acres in Chennai.

Tata Consultancy Services (TCS), India’s largest software company, has decided to reverse its real estate ownership pattern in Chennai. The company occupies about 1.3 million square feet spread over 10 locations in the city, of which about 80 per cent is on lease and the rest owned by the company.

This ratio is about to get overhauled with TCS kicking off a project worth $175 million over 70 acres in the Siruseri information technology park.

While the company is reluctant to talk about the cost of acquiring this property, the government, while putting 1,000 acres in the IT park on the block, had fixed a price of Rs 16-17 lakh per acre.

http://www.business-standard.com/iceworld/storypage_link.php?chklogin=Y&autono=199536&lselect=1&leftnm=lmnu9&leftindx=9

MARG Constructions Ltd will be investing Rs 200 crore to develop three information technology (IT) parks at Karapakkam on the Old Mahabalipurm Road here.

Mr G.R.K. Reddy, Managing Director, Marg Constructions Ltd, said that the company has developed a 2.4 lakh sq ft IT office facility at Karapakkam, which has been leased to TCS.

Three years ago, the company had built up a land bank of 15 acres at Siruseri and at Karapakkam and now has plans for a residential complex and three IT parks with a total of 6.5 lakh sq ft. Two of the IT parks are nearing completion while the third one is in the planning stage, he said.

The company also has plans to set up service apartments at Siruseri. This project is set in four acres. The total built-up area will be 1.84 lakh sq ft with row houses, three and two bedroom apartments. There will be 84 apartments and all the services will be outsourced.

These apartments will cater mainly to the personnel who work in the IT companies on this stretch. The total project cost is about Rs 40 crore.

Marg Constructions also plans a complex of `estate homes' between Chennai and Pondicherry. In phase one there will be 300 houses set in 350 acres. Each house will on a 0.75 acre plot. The project cost for the first phase would be about Rs 70 crore, Mr Reddy said.

The project will have a convenience store, school and clubhouse. In the second phase, the company plans to develop a golf course. The master plan for the entire project covers 600 acres.

http://www.thehindubusinessline.com/2005/09/28/stories/2005092801341900.htm

Helios & Matheson plans to invest Rs 75 cr in TN

Helios & Matheson Information Technology Ltd expects to invest Rs 75 crore to set up additional facilities in Tamil Nadu

In phase I, the company plans to invest about Rs 25 crore in setting up a 50,000 sq ft facility in Chennai, which has the potential to grow to 400 people. In phase II, the company expects to have a presence in Coimbatore by setting up a facility of one lakh sq ft, which will require an investment of Rs 50 crore in the next 2 years

http://www.business-standard.com/iceworld/storypage_link.php?chklogin=N&autono=201548&lselect=2&leftnm=lmnu9&leftindx=9

DETAILS OF CITILIGHT TECH PARK..

Today i got a e-mail reply from citilights for my enquiry about the details of their project.

Broad details of Citilight IT Park at Navalur.

Location : OMR – Navalur, Chennai

Total Land area : 7.5 acres

Built up area : approximately 800,000 sq ft comprising of 3 towers each having 7 floors

Phase : Two

Foundation work : Started 20th August 05

Landscape : 150,000 sq ft landscaped areas with water bodies

Architect : Architect 61 Pte Ltd, Singapore

Completion : 15 to 18 months after approval

Common Utilities

Health Club
ATM Centre
Food Court
Shopping Arcade
State of art fire fighting facilities
High end restaurant


Provisions for -
Green Building
Data processing area
Installation of IBMS


final design and other details will be followed as soon as it is finalised...

Maan Sarovar to invest Rs 120 cr on two IT parks in Chennai

With Chennai emerging as a hot destination for IT firms, the city-based Maan Sarovar Properties Development (P) Ltd on Saturday announced it would invest Rs 120 crore to set up 'Twin IT Parks' in the city.

The Twin IT Parks - Maan Sarovar Techno Creek and Maan Sarovar Heights - in an area of about eight-lakh sqft will be completed by March and April 2006 respectively, Maan Sarovar Properties Director, Mr Navneet Jain said here.

Located at Velacherry, near Adayar, Maan Sarovar Heights will be the first private sector project on the IT Corridor, after the State Government-sponsored Tidel Park, he said. "The IT Park will have basement, stilt and 10 floors with parking facility for more than 500 vehicles," Mr Jain said.

Maan Sarovar Techno Creek at Semmancheri is designed as a campus style development with a massive frontage of more than 350 feet. "Set beside a stream, this state-of-the-art IT Park will comprise as much as four lakh sqft with a mammoth floor plate size of 65,000 sqft," the marketing head of Maan Sarovar Properties said.

"The Twin IT Parks are being constructed keeping in mind the needs and future necessities of IT conglomerates," he said, adding put together, the two IT projects could employ 10,000 people. The company is already talking to big IT companies to sell the space. "We are confident of attracting big IT companies to the Twin IT Parks," he said.

http://www.thehindubusinessline.com/businessline/blnus/02011707.htm

Chennai attracts tech cos for R&D

http://www.financialexpress.com/fe_full_story.php?content_id=104363

Im quite observing chennai developments through this forum for a long time. Its really excellent & informative.

Can anybody share the proposed photos of chennai flyover's which are under construction. GREAT GOING CHENNAI

Ram

^^ Welcome, Ram. Those pics have already been posted in the highways thread. The one shown below is that of Kathipara.

http://www.thehindubusinessline.com/2005/01/31/images/2005013100691301.jpg

A massive project is coming up at Chennai. 5 million sq. ft of built-up area. I am not sure if a single project that big has ever been undertaken in Chennai.

IT Park and Commercial Project at Sholinganallur, Chennai with estimated built-up area of 5mn sq. ft. having estimated cost of Rs.8 bn. The company has paid an advance of Rs.20 mn for land acquisition.

Full article here: http://www.indiainfoline.com/news/news.asp?dat=66955

Can anybody share the proposed photos of chennai flyover's which are under construction.

The pics are available at:

http://www.skyscrapercity.com/showthread.php?t=164136&page=7&pp=20

Im quite observing chennai developments through this forum for a long time. Its really excellent & informative.

Can anybody share the proposed photos of chennai flyover's which are under construction. GREAT GOING CHENNAI

Ram


Some of them are here.

Kathipara

http://img149.exs.cx/img149/8893/impn26c7kw.jpg

Madhurovayal

http://img182.exs.cx/img182/2725/impn26b6mm.jpg

Koyambedu

http://img171.exs.cx/img171/2461/impn26a9aw.jpg


PS: Welcome to the forum :).

Taiwan’s Hon Hai Precision Industry Ltd is considering an investment of over $100 million for setting up a manufacturing facility near Chennai.


http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=202159

Here's a funny typo...

Vadapalani Junction to get a flyover
http://www.projectsmonitor.com/detailnews.asp?newsid=9715&secid=41

The Vadapalani Junction flyover is waiting approval from the Kerala government for execution. The report was submitted in June and approval is expected to come within a fortnight. According to the State Highways Authority, the cost of constructing a flyover will sum up to Rs 25 crore. The project will be implemented by the Chennai Metropolitan Development Authority.

Here's a funny typo...

Vadapalani Junction to get a flyover
http://www.projectsmonitor.com/detailnews.asp?newsid=9715&secid=41

The Vadapalani Junction flyover is waiting approval from the Kerala government for execution. The report was submitted in June and approval is expected to come within a fortnight. According to the State Highways Authority, the cost of constructing a flyover will sum up to Rs 25 crore. The project will be implemented by the Chennai Metropolitan Development Authority.


Kerala babus may want a share of the pie for approving the project. JJ will be pretty mad at this. :)

Taiwan’s Hon Hai Precision Industry Ltd is considering an investment of over $100 million for setting up a manufacturing facility near Chennai.


http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=202159

Nice. The govt. has been proactive in attracting investments. Hope the deal comes through soon.

:cheers:

Thanks a lot. Basically im from Tamilnadu but currently working in bangalore for the last 3.5 years.

The Rapid & Massive development of chennai especially in ITindicates that it will easily overtake bangalore in two to three years in terms of Software exports, Job Oppurtunity, Stable Infrastructure(that already had), Number of IT companies, etc..

Chennai's developments in Automobile, Electronics Manufacturing, R&D, ITES...can easily compete directly with China & Singapore.

In my view, everyone in this world should realize Chennai's potential. For that the centre has to actively promote the city as a ‘Global Manufacturing & IT Hub’ in international markets. Hope our dynamic Dayanidhi maran is proceeding in that way.

Im trying to get aware of the people in bangalore about the chennai and its advantages & trying to relocate all of my friends to chennai including me.

I have a news for you :)

Gemini Sys to set up centre in Chennai ( http://sify.com/finance/fullstory.php?id=13956305 )

L&T Demag sets up new plant in Chennai ( http://newstodaynet.com/04oct/bu3.htm )

Thanks

A massive project is coming up at Chennai. 5 million sq. ft of built-up area. I am not sure if a single project that big has ever been undertaken in Chennai.

IT Park and Commercial Project at Sholinganallur, Chennai with estimated built-up area of 5mn sq. ft. having estimated cost of Rs.8 bn. The company has paid an advance of Rs.20 mn for land acquisition.

Full article here: http://www.indiainfoline.com/news/news.asp?dat=66955

This and the other news about Mahindra city acquiring another 2500 acres are great news. Initially I wasn't sure if they meant 5 million or really 5 lakh sq ft. But 800 crores of investment seems like a 5 million sq ft project. I am looking forward to read more info regarding this.

Aspire Systems sets up Global Innovation Center in Chennai

http://www.indiainfoline.com/news/news.asp?dat=67038

Refer http://www.flextronics.com/

Singapore, October 6, 2005– Flextronics (NASDAQ: FLEX), a global leading Electronics Manufacturing Services (EMS) provider, today announced that it has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu, India to build an industrial park in Chennai.

Secret Agency Reports:

Bush might visit Chennai early next year during his India visit. He is likely to visit IIT-Madras, TIDEL Park and Mahabalipuram. But he will not be fortunate :crazy: to drive on IT Expressway since it would not ve completed by that time. US Federal Aviation Authority would also sign an MoU with Tamil nadu Govt for setting up an Aviation university at Madurai.

Souce:Anniyan Secret Agency

Refer http://www.flextronics.com/

Singapore, October 6, 2005– Flextronics (NASDAQ: FLEX), a global leading Electronics Manufacturing Services (EMS) provider, today announced that it has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu, India to build an industrial park in Chennai.

http://www.thehindubusinessline.com/2005/10/07/stories/2005100702790400.htm

Flextronics plans to relocate back office operations to Chennai
http://www.thehindubusinessline.com/2005/10/07/stories/2005100702780400.htm

Over Rs 8,600 crore investment in the pipeline

Mahindra Industrial Park, recently rechristened as Mahindra World City, will see $1.5 billion to $2 billion (Rs 6,450-8,600 crore) of investments inflow, with companies from industries as diverse as software, automobiles and auto ancillary, apparel and fashion, bio-technology sectors setting up their presence in the 1,400 acre project.

The companies which have taken up space will be Mindtree, Sundaram Brake Linings, Madras Engineering, Mastek, Kanbay to name a few :cucumber:

http://www.business-standard.com/search/storypage_new.php?leftnm=lmnu6&leftindx=6&lselect=10&autono=201328

Gates to skip Bangalore during December trip; to go to Chennai

http://www.hindu.com/2005/10/08/stories/2005100804200500.htm

Big boon to chennai!!! Kudos to Maran for a Job well done!!!!

Wow, Anniyan's ASA proved to be right :cheers:.

Gates to skip Bangalore during December trip; to go to Chennai

http://www.hindu.com/2005/10/08/stories/2005100804200500.htm

Big boon to chennai!!! Kudos to Maran for a Job well done!!!!

Awesome. Some more info on this.

Bill Gates scheduled to visit Chennai on December 9

Mr. Maran also informed the gathering that Mr. Gates would visit Chennai on December 9. Though Microsoft had presence in Bangalore and Hyderabad, it had none in Chennai. "I have requested him to look at Chennai,'' the Minister said. Mr. Maran said he was keen to make Tier II cities like Coimbatore, Madurai and Tiruchi attractive. With Tier-I cities beginning to face attrition problems, the Minister felt that the Tier-II cities deserved to be looked at. He hoped that Micorsoft would take a positive view of his proposal to look into these cities as well.

The Minister said that he met the CEO of Flextronics in the U.S. some five to six months ago. He was happy that Flextronics had signed a memorandum of understanding with the State Government to set up an integrated unit in Tamil Nadu. "Many more are waiting to come. Motorola, Ericsson and the like will follow suit,'' he added.

http://www.hindu.com/2005/10/08/stories/2005100804041700.htm

http://img86.imageshack.us/img86/5233/imageloader119lo.jpg
http://img86.imageshack.us/img86/1383/imageloader120fs.jpg
http://img86.imageshack.us/img86/6771/imageloader134gh.jpg

Caption: Construction of IT Centre at Sipcot IT Park, Siruseri on Old Mahabalipuram Road in Chennai. Photo: N. Sridharan 30-08-2005

Do anybody have the Design of Chennai IT Corridor Project. Please share it.

Element K to expand in Chennai
http://sify.com/finance/fullstory.php?id=13959899

Aspire opens global centre in Chennai
http://newstodaynet.com/06oct/bu3.htm

Thanks
Ram

Do anybody have the Design of Chennai IT Corridor Project. Please share it.


Do u mean the road design ? its very difficult to get.

FYI, a malaysian company is the contactor for the project and the design is done by US based engg consultancy. landscape and lighting by chennai and australian company. i hope u can get more info if u go thru the previous pages of chennai project update thread (part 1,2 & 3) .

iNautix office in Chennai

CHENNAI: iNautix, a provider of global technology solutions, has leased about 65,000 sq ft at the newly inaugurated International Tech Park, Chennai (ITPC), making it the largest occupant of the Park.

Mr Jagdish Rangwani, COO, iNautix, said, "Our team of 1,100 associates deserve the best-in-class infrastructure and facilities."

Mr Goh Kok Huat, CEO, Ascendas India, a business space provider, said that iNautix had decided on the International Tech Park after a detailed evaluation of more than 25 locations across five cities in the country.


http://www.thehindubusinessline.com/2005/10/15/stories/2005101500931900.htm

THE visiting team from Volkswagen AG, the German automotive major, has tied up loose ends for the detailed project report (DPR) for its India car plant. It plans to submit the report to the company board later this month.

While expressing its intent to locate an Rs 8,000-crore manufacturing plant in India, the company team, however, indicated that providing a facility in a special economic zone, deferring central sales tax for 10 years and removing Central excise would make the project financially viable.

While indicating that they would prefer to locate their centre near the auto ancillary base, the company favoured an alternative site or wanted the Vizag site to be made a special economic zone. The Government side said that since the car would also be sold in India, SEZ is not possible and cited Ford and Hyundai plants based near Chennai.

Given the inherent advantage of Chennai as automotive hub, and the current thinking of the German carmaker, will Volkswagen drive to Chennai to locate their plant? This is something which comes up to one's mind, courtesy the cluster theory. It may be recalled that yet another German major BMW recently agreed to locate a plant near Chennai.

http://www.indiacar.net/news/n15699.htm

Hopefully Amma goes full steam on this. It would be a nice addition to tackle Maran attempts w.r.t Nokia/flextronics. It is great to see our politicians fighting for performance, our democracy is machuring.

http://www.newkerala.com/news.php?action=fullnews&id=36806


Chennai: Tamil Nadu is in touch with German auto major, Volkswagen to bring its India project to the state, Chief Minister J Jayalalithaa said today.

Asked about the possibility of the German company's proposed car unit being shifted to Tamil Nadu after it had a rough ride in Andhra Pradesh, Ms Jayalalithaa merely said ''we are in contact with them''. However, she did not elaborate.

Ms Jayalalithaa said Tamil Nadu was the number one destination of choice for global investors and was becoming the hardware capital of India and major players like BMW, Flextronics and Nokia were investing in the state.

It may be recalled that the Europe's biggest carmaker's plans for India were put on hold following investigations into allegations of fraud against two of its former executives.

Andhra Pradesh Government allegeding transferred Rs 110 million into the account of a fake company 'Vashishta Wahan' at the instance of former Volkswagen India Head Helmut Schuster to participate in a joint venture with the German major to set up a car plant in the port city of Visakhapatnam.

Auto news in ChennaIThread ? :drunk: Anyway Excellent news guys.

It is good to see JJ being discreet here. TN generally have a very good relationship with AP, unlike with Karnataka and to some extent Kerala. You dont want to appear to grab some thing AP so desperately wants. That said, TN should be prepared to offer what it takes if VW is inclined to come to TN.

Hopefully Amma goes full steam on this. It would be a nice addition to tackle Maran attempts w.r.t Nokia/flextronics. It is great to see our politicians fighting for performance, our democracy is machuring.

http://www.newkerala.com/news.php?action=fullnews&id=36806


Chennai: Tamil Nadu is in touch with German auto major, Volkswagen to bring its India project to the state, Chief Minister J Jayalalithaa said today.

Asked about the possibility of the German company's proposed car unit being shifted to Tamil Nadu after it had a rough ride in Andhra Pradesh, Ms Jayalalithaa merely said ''we are in contact with them''. However, she did not elaborate.

Ms Jayalalithaa said Tamil Nadu was the number one destination of choice for global investors and was becoming the hardware capital of India and major players like BMW, Flextronics and Nokia were investing in the state.

It may be recalled that the Europe's biggest carmaker's plans for India were put on hold following investigations into allegations of fraud against two of its former executives.

Andhra Pradesh Government allegeding transferred Rs 110 million into the account of a fake company 'Vashishta Wahan' at the instance of former Volkswagen India Head Helmut Schuster to participate in a joint venture with the German major to set up a car plant in the port city of Visakhapatnam.

It is good to see JJ being discreet here. TN generally have a very good relationship with AP, unlike with Karnataka and to some extent Kerala. You dont want to appear to grab some thing AP so desperately wants. That said, TN should be prepared to offer what it takes if VW is inclined to come to TN.


yeap. TN will stop getting Banganapalli mangoes, just kiddin' :-)

Chennai emerging as IT hub

TCS, HCL, Alcatel among firms in Guindy, Ambattur industrial estates

Chennai’s emergence as a software and BPO hub is evident in the changing landscape of the Guindy and Ambattur industrial estates.

Two years ago, the areas were host to sick enterprises. Now, they are basking in the gleam of information technology and IT-enabled services companies. Guindy, set up in 1956, is located in south west Chennai and Ambattur, which came up in 1964, in the north-west.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=203383

Maran at work again :)

Cisco setting up an IP-based (Internet Protocol-based) Next Generation Network Lab for Bharat Sanchar Nigam Ltd. (BSNL), the country's large, government-owned telecommunications service provider. The lab will be set up in Chennai in south India and will help BSNL test services before rolling them out on the actual network. This would be Asia's first IP nextgen network. Cisco is expected to spend $10 million towards that.

http://dnaindia.com/report.asp?NewsID=6368

Yesterday there was an article about TNEB planning to improve the quality of electricity supplied to the IT corridor. They were planning to set up 2 or 3 substations to maintian the quality of power supplied. Today, there's more good news for the IT corridor. This is an excellent move by the govt. The govt. seems to be really learning from BLR's experience.

A second desalination unit for city

It will meet needs of IT industry on Old Mahabalipuram Road. The Government has already decided that water from the proposed Vayalur check dam will be supplied to the IT industry.

Metrowater is contemplating setting up one more desalination plant on the southern fringes of the city. There is already a proposal to set up a plant at Minjur. The second plant, which is likely to have a daily capacity of 50 or 100 million litres, is being designed to serve the increasing needs of the IT industry that is situated along the Old Mahabalipuram Road. The requirements of domestic consumption have to be met as well as the southern parts of the city are witnessing higher real estate development than other areas.

The Kancheepuram district administration has been approached for identifying suitable land for the plant. Metrowater is taking steps to prepare a detailed project report (DPR) and will shortly float bids in this regard, sources say. The Government has already decided that water from the proposed Vayalur check dam will be supplied to the IT industry. The estimated yield from the check dam is 20 MLD. But this will not be sufficient in the future considering the growing requirements of the industry. This is the reason behind the proposal for the desalination plant.

http://www.hindu.com/2005/10/20/stories/2005102017610300.htm

(Though not an IT related issue, I am just posting it here, to go with the thread posted above). More on the water front.

Check dam to harness rainwater

Rs. 3.25-crore project across Adyar at Nandambakkam to be completed by April 2006

# Reservoir expected to harness 16.62 million cubic feet of water
# Discharge of untreated sewage into river has to stop, say activists

http://www.hindu.com/2005/10/19/images/2005101916620401.jpg

Imagine a two-km long, 125-metre wide reservoir of fresh rainwater in Chennai. Considering the present state of the waterways and efforts to conserve rainwater, it may be a tall order. However, it might be a reality by the next monsoon once the check dam across the Adyar River at Nandambakkam is completed.

The construction of the check dam across the Adyar by the Public Works Department (PWD) started in August and was expected to be completed by April 2006. The Rs. 3.25-crore project is funded by the Chennai Metropolitan Water Supply and Sewerage Board under the Chennai Water Supply Augmentation Project-II.

Under the project, it has been planned to construct check dams, reservoirs and percolation tanks to store surplus water in order to enhance recharge in the Kosastalaiyar, Cooum, Adyar and Palar, according to official sources. It was decided to construct four check dams across the Adyar at Anakaputhur, Gowl Bazaar, Manapakkam and Nandambakkam at a cost of Rs. 12.37 crores.

Once completed, the check dam at Nandambakkam is expected to harness 16.62 million cubic feet of water (approximately 470 million litres). The main purpose behind constructing the check dam is to conserve rainwater that would, in turn, help in recharging groundwater in the vicinity of the check dam.

The check dam would be 125 m wide and 1.5 m in height and would help to limit the draining of water from the Adyar into the Bay of Bengal. During monsoons, a reservoir of water to a length of about two kilometres behind the check dam would be created. The riverbed was not being deepened and there was no possibility of inundation anywhere near the check dam, officials said.

News Report (http://www.hindu.com/2005/10/19/stories/2005101916620400.htm)

Chennai emerging as IT hub

TCS, HCL, Alcatel among firms in Guindy, Ambattur industrial estates

Chennai’s emergence as a software and BPO hub is evident in the changing landscape of the Guindy and Ambattur industrial estates.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=203383

This author has no clue about where Guindy is. He talks of as though Guindy is some remote area. Guindy infact is one of the best connected place in Chennai. After huge infrastructure improvements like Kathipara Jn flyover and proposed MRTS extension from Velachery to Guindy and plans to extend further to Anna Nagar (hopefully in the next 10 years), Guindy industrial park can easily support larger FSI of even 5.

I agree on the potential of Guindy.

The checkdam on the Adyar is also a good idea.

This author has no clue about where Guindy is. He talks of as though Guindy is some remote area. Guindy infact is one of the best connected place in Chennai. After huge infrastructure improvements like Kathipara Jn flyover and proposed MRTS extension from Velachery to Guindy and plans to extend further to Anna Nagar (hopefully in the next 10 years), Guindy industrial park can easily support larger FSI of even 5.

Not really. The author talks about Guindy's proximity to the airport and the IT corrdior plus the IT parks being built there and the companies that have moved in.

http://www.business-standard.com/iceworld/storypage.php?chklogin=&autono=203531&leftnm=lmnu9&leftindx=9&lselect=2

The company is also planning to set up a new development centre on the IT Corridor of Chennai at an investment of Rs.25 crore as part of its expansion plans. The centre would house 400 people

To drive down costs further and increase its margins, the company is expanding into tier II cities like Coimbatore, where it will invest about Rs 50 crore in the next two years to create its facilities

Amazon.com Inc today announced the opening of a software development centre in Chennai to focus on developing new and innovative website features to help its customers around the world find and discover anything they want to buy online.

The Chennai centre would manage all technology aspects of the website features developed at this location, the company said in a release here.

Please also quote the source of the news - every source has a different level of credibility and its helpful to know where its comming from.

Amazon.com Inc today announced the opening of a software development centre in Chennai to focus on developing new and innovative website features to help its customers around the world find and discover anything they want to buy online.

The Chennai centre would manage all technology aspects of the website features developed at this location, the company said in a release here.

Please also quote the source of the news - every source has a different level of credibility and its helpful to know where its comming from.

Source

http://sify.com/finance/fullstory.php?id=13969099

http://sify.com/finance/info-graphics/chennai-it/index.php

Nice short presentation on IT in chennai, looks like Amma is sending a team to Taiwan. Nice marketing, this is exactly what Naidu garu was doing and TN politicians were not.

http://sify.com/finance/info-graphics/chennai-it/index.php

Nice short presentation on IT in chennai, looks like Amma is sending a team to Taiwan. Nice marketing, this is exactly what Naidu garu was doing and TN politicians were not.

Nice :) Way to go.

BTW, Amazon is expected to locate its SW dev centre at the recently inaugurated International Tech Park in Taramani.

MUMBAI (Reuters) - Swedish telecoms equipment giant Ericsson said on Monday it will set up a new research and development centre and a separate global services delivery centre in India.

Ericsson said in a statement the research and development centre would be in Chennai, while the global delivery centre would be in Gurgaon, on the outskirts of New Delhi. The company did not disclose any financial details.

India, Asia's third-largest economy, is the world's fastest growing major mobile phone market, with about 2.5 million new users signing up every month. Analysts estimate 30-35 million mobile phones will be sold in India in 2005.

Ericsson had said in March it would spend $50 million to upgrade its telecoms equipment unit in Rajasthan over the next two years.

Korea's LG Electronics already makes mobile phones in India, Nokia has a plant under construction in Chennai, while Samsung Electronics has said it is considering setting up a plant



http://in.today.reuters.com/news/newsArticle.aspx?type=technologyNews&storyID=2005-10-24T114534Z_01_NOOTR_RTRJONC_0_India-220692-1.xml

Its Nice to hear this news, another feather to chennai's cap

MUMBAI (Reuters) - Swedish telecoms equipment giant Ericsson said on Monday it will set up a new research and development centre and a separate global services delivery centre in India.

Ericsson said in a statement the research and development centre would be in Chennai, while the global delivery centre would be in Gurgaon, on the outskirts of New Delhi. The company did not disclose any financial details.

India, Asia's third-largest economy, is the world's fastest growing major mobile phone market, with about 2.5 million new users signing up every month. Analysts estimate 30-35 million mobile phones will be sold in India in 2005.

Ericsson had said in March it would spend $50 million to upgrade its telecoms equipment unit in Rajasthan over the next two years.

Korea's LG Electronics already makes mobile phones in India, Nokia has a plant under construction in Chennai, while Samsung Electronics has said it is considering setting up a plant



http://in.today.reuters.com/news/newsArticle.aspx?type=technologyNews&storyID=2005-10-24T114534Z_01_NOOTR_RTRJONC_0_India-220692-1.xml


Hey not bad, they are righfully calling us the third largest Asian economy. But wait, is it in PPP terms or nominal terms :?.

Hey not bad, they are righfully calling us the third largest Asian economy. But wait, is it in PPP terms or nominal terms :?.

Russia might also be about same or even bigger than India in absolute terms, though in PPP terms it is less than 1/2 of India. In absolute terms I think Japan is ahead of China. We are too large a population for other Asian countries to be bigger than us in GDP.

TCS opens global BPO solution centre in Chennai

IT major Tata Consultancy Services on Tuesday launched its remote-managed infrastructure solution and BPO solution centre in Chennai, its third such dedicated facility after Bangalore and Budapest (Hungary).

The facility has a capacity to accommodate over 5000 people and has been set up at an investment of Rs 45 crore, officials said.

http://www.hindustantimes.com/news/181_1529117,000600010002.htm

Shriram Properties plans Rs 900-cr project on Standard Motor land

SHRIRAM Properties Ltd, which has emerged the highest bidder for the 57.84-acre Standard Motor Products of India Ltd (now under liquidation) property in Chennai, plans to develop an IT park and a commercial and residential complex on the land. The cost of the proposed project is estimated at Rs 900 crore.

Shriram Properties is also on to another large-size project in Chennai — a 1 million sq. ft. IT park at a cost of Rs 300 crore. Shriram Group has projects coming up in Coimbatore and Bangalore too.

http://www.thehindubusinessline.com/2005/10/27/stories/2005102702920500.htm

A possible good news if this materializes too:

Noting that the country did not have a chip manufacturing sector, Mr. Maran said Andhra Pradesh, Karnataka and Tamil Nadu had been identified for setting up semi-conductor manufacturing facilities to address the problem.

The estimated cost was $3 billion. Each State had to earmark 1,500 acres of land. "The State Governments should cooperate in creating this infrastructure in our country."
http://www.hindu.com/2005/10/31/stories/2005103115660800.htm

MindTree to put Rs 30 cr in Chennai: MindTree Consulting said it will invest Rs 30 crore in the next 18-24 months to build a new centre in Chennai. The centre would be based in the Mahindra City park where we have already bought land and would have the capacity to house 3,000 professionals, MindTree Consulting CEO Subroto Bagchi said. The company is cautious about setting up new centres in tier II and tier III locations. We are examining such locations and might take a decision about it only in the next two to three years, he added.

we've already heard about chip manufacturing plants in chennai. In hyderabad too, the first mega fab of the country was launched couple of months ago. it is being built along the new Outer Ring Road (169 KM). it's in collaboration with either Japan of South Korea. it's supposed to be done by early 2009.

so soon India could become an attractive destination for hardware manufacturing too, only if the loopholes in our infrastructure vanish.

Cybernet to hire 300 more in Chennai

http://sify.com/finance/fullstory.php?id=13975343

A new information technology services company is registered every three days in Chennai in the state of Tamil Nadu -- a healthy reversal from seven years ago when the city struggled to win investments and IT talent fled to Bangalore......................................................

http://financialexpress-bd.com/index3.asp?cnd=10/29/2005&section_id=17&newsid=5291&spcl=yes

Marg Constructions in an expansion mode

Chennai-based Marg Constructions Ltd (MCL) has chalked out several major expansion projects in Chennai and Karaikal in Pondicherry, worth over Rs 1,000 crore.

The company will be setting up [/b]three IT parks and commercial projects at Sholinganallur with an estimated built-up area of 50,00,000 sq ft, on a plot of land admeasuring 47 acre and the total estimated project cost is about Rs 800 crore.[/b]

The second IT Park, christened Emerald, at Karapakkam, coming up on 2.18 acre of land will have a built-up area of 2,00,000 sq ft., with a total project cost of Rs 30 crore, while the IT park project at Sholinganallur will be developed on 0.56 acre of land with an estimated project cost of about Rs 60 crore. MCL has also bagged a project from the government of Pondicherry to establish and develop a port at Karaikal through a Special Purpose Vehicle (SPV) on Build Operate Transfer (BOT) basis.

http://www.newindpress.com/NewsItems.asp?ID=IEB20051102100711&Page=B&Title=Business&Topic=0

IT Buildings by ceebros

http://img55.imageshack.us/img55/5660/29ai.jpg (http://imageshack.us)

at Thorapakkam
http://img55.imageshack.us/img55/2458/31co.jpg (http://imageshack.us)

at Sholinganallur
http://img55.imageshack.us/img55/2325/48bi.jpg (http://imageshack.us)

Amazing....

Projects by MARG Constructions

location:
http://img226.imageshack.us/img226/9893/map7xk.jpg (http://imageshack.us)

MARG SQUARE

http://img226.imageshack.us/img226/6977/nwmarg1lg.jpg (http://imageshack.us)

http://img226.imageshack.us/img226/798/bl11bx.jpg (http://imageshack.us)

http://img226.imageshack.us/img226/3993/bl24fg.jpg (http://imageshack.us)

Latest from Elcot (buildings completed and U/C):

(scroll down this link to see the list of Private IT parks)
http://www.elcot.com/realestate/realestate.htm


Biggest among them U/C:
1. Millenia Realtors Pvt Ltd, Bye Pass road Perungudi: 2,554,000 sqft (I think this is RMZ)
2. Ascendas, Taramani: 1,030,000
3. Kamal Lunawath, IT Highway Egattur: 1,408,400
4. Citilights, Navalur: 1,114,000
5. Khivraj Tech park, Guindy: 1,180,000
6. DLF, Mount Ponamallee High road, Manapakkam: 3,850,000 sqft

Satish,
The Elcot link that you provided says that about 22 Million Sqft of IT space is currently under implementation (which roughly translates to 2 lakh new IT jobs), most of it along the IT Expressway. If this turns out to be true, chennai would surpass Bangalore within next couple of years.

ELCOT has finally updated their website.

That's a huge amounnt of space under construction. Compare this to the last 3 yrs or so when companies used to visit Chennai for setting up their office and ultimately decide on BLR or HYD for lack of quality office space here. Chennai used to produce about 2 million sq. ft each year. This has changed drastically. Our IT secy. has said that another 18 million sq. ft of IT/ITES space has been planned.

Here's another property deal. DLF gets one more property in Chennai.

DLF clinches largest property deal in Chennai

The largest real estate deal in Chennai was clinched recently by DLF Commercial Builders at Rs 189.6 crore for the Mico property at Ethiraj Salai (Commander-in-Chief Road) in Egmore. According to real estate sources, the Mico property spans 5.5 acres, a prime property in the heart of the city. Five real estate builders had bid for the property. It was DLF Builders which clinched the deal. The price per ground of Mico property was estimated to be about Rs 2 crore. The German Consulate is a prominent entity housed in the Mico property.

Among the large deals in Chennai earlier was the Sivaji garden property spread over 43 acres, which was also bought by DLF Builders for a consideration of Rs 150 crore. The Delhi-based real estate company plans to build a software park of four million sq ft in the first phase. The other deal to cross the Rs 150-crore mark was that of the defunct Standard Motor property at Perungalathur which was won by the Shriram Properties for a staggering Rs 153 crore. Because of its location in the heart of the city, the Mico property commanded higher price despite it being 10 times smaller than the other two.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu1&leftindx=1&lselect=1&chklogin=N&autono=204886

Satish,
The Elcot link that you provided says that about 22 Million Sqft of IT space is currently under implementation (which roughly translates to 2 lakh new IT jobs), most of it along the IT Expressway. If this turns out to be true, chennai would surpass Bangalore within next couple of years.

Yes, 22 million sqft of IT space would translate to 2 lakh jobs. Also, this does not include the campuses being built by major Indian IT services companies like Infosys, TCS, WIPRO, CTS, Satyam etc. Exciting times for Chennai. Atleast no one can complain that Chennai has shortage of quality space. But it remains to be seen if they can sell all that space in a years time. Bangalore is about 150% larger than Chennai right now. If Chennai grows at 50% for next 2 years, it would reach 25,000 crore from less than 11,000 crore this year. Bangalore if it grows at 20%, it would reach 40,000 crore from 27,000 crore. At the end of 2 years, I hope Bangalore would only be 60% bigger. If Chennai could do this, it would be fantastic. Note that, if that happens, Chennai would be adding more jobs in this period than Bangalore would (Chennai would grow by 14,000 crore and Bangalore by 13,000 crore).

Also, I think that the Tamil Nadu Government will do more to take care of infrastructure and everything than the Bangalore government does.

The first thing to take care of is the Consistent Water problem. Although chennai
wont have water problems for a year due to copious rains, storage in reservoirs are
still not up to the mark, only 50% storage inspite of heavy rains. First thing to do is
to make water storage more efficient.

#2 would be cleaning up cooum and Adyar river, currently it sends a wrong signal about the city.

Otherwise chennai is a great city,very well spreadout with good public transport facility.

Monyaam,
As per today's edition of Dinamani, The lakes are 75% ( 8 tmc out of 11tmc) full and we have another one more month of NE monsoon.
-kv

By The Way,
8 tmc of water in chennai lakes also means no water scarcity for the next 2.5 years. It is to be noted that last year on the same day, chennai's lakes had only 0.9 tmc ( which is 1/10th of what we have now).
Apart from this Krishna waters will also keep flowing for the next couple of months.

Chennai should now focus on finding a solution to store the excess water and mitigate the floods in coming years.

Yes Vijayasundaram, the lake storages would definetly take care of the water needs for the next 3 years atleast. But most importantly the ground water recharging that has happened now would take care of the domestic water needs for more that 5 years atleast, Particularly in the suburbs where there was plenty of water logging. We might have to do what people do in california for ground water recharging, dig up deep wells (like our borer well but wider) and drain water into it. Chennai where the biggest negative was lack of water, would have no significant problems for the next 5 years atleast :-)

Realtors seek price correction in Chennai’s IT corridor

Domestic and international real estate majors are putting on hold their proposals to invest in Chennai’s IT corridor of Old Mahabalipuram Road (OMR), where land prices have gone through the roof over the past few months.

Domestic companies such as DLF, Unitech, Rahejas and Hiranandanani, and the likes of TCG and Jurong, LiKimtha of Singapore and few realtors from Malaysia are having second thoughts about OMR thanks to skyrocketing prices of land, according to sources among real estate consultants here. These companies made their initial entry into Chennai by acquiring 100-200 acre plots.

OMR, which houses IT majors such as Infosys, TCS, Wipro, Satyam, Flextronics and Cognizant due to state government’s special focus, has become a hot property for many of the leading developers in India and abroad due to increased demand for office-cum-residential space.

Renewed demand for thousands of acres in OMR has also been due to massive expansion proposed by the IT majors. “As against whole-year consumption of 2 million sq ft area by the IT companies last year, the demand for commercial space alone has gone up 4 million sq ft during the fiscal and it may even cross that level in next fiscal,” said another consultant.

Property owners , in connivance with local brokers, have jacked up per acre price abnormally, and are currently quoting anywhere between Rs 5 crore and Rs 10 crore as against Rs 80 lakh to Rs 1.5 crore a year or two back, said the sources.

http://www.financialexpress.com/fe_full_story.php?content_id=108293

If you thought Chennai is the nerve centre for low-end IT and ITES work, think again! The southern metro is now the destination of choice for global technology majors. Alcatel, Nokia, Extreme Networks are some of the big technology majors who have zeroed in on Chennai for high-end research and development work.

The trend started with the Finnish mobile phone manufacturing major, Nokia Corporation. In April, 2005, Nokia announced that it would set up a $150 million mobile handset and GSM equipment manufacturing plant in Chennai. In fact, Nokia went a step further when in August, 2005, the telecom major announced that it will set up a global networks operation centre in Chennai to support operators in the Asia-Pacific, Europe, West Asia and Africa.

“We selected Chennai to be the location for the factory, thanks to the availability of skilled labour and friendly business environment,” Nokia India president Pekka Ala-Pietil.

More at : http://www.nasscom.org/artdisplay.asp?Art_id=4629

OCEANIC-TECH-PARK - St. Thome (Santhome), Chennai

http://img496.imageshack.us/img496/1579/oceanictechpark3jc.jpg
http://img496.imageshack.us/img496/9857/oceev9ah.gif

3,00,000 Sqft
Completion Date : 31-10-2006
No:40 South Canal Bank, Santhome,

'Silicon Valley faces risk of losing out to rivals'

BANGALORE/ CHENNAI: Coming under the scanner for its crumbling infrastructure, India’s Silicon Valley faces the risk of losing out to formidable rival cities like Chennai in attracting big ticket investments not just in information technology but in other sectors as well.

Bad infrastructure, exposed further by the record rains last month, poses a threat to Bangalore’s brand name as a preferred investment destination, which has taken a severe beating.

Bangalore’s plight is giving ideas to others, though all of them may not admit it openly. Neighbouring Tamil Nadu and its capital Chennai, not a small player in it or, for that matter, in automobile sector, is already bracing up. Not to speak of another neighbour Hyderabad and far-away Delhi readying themselves for a share in the pie.

Undaunted, key officials of Karnataka government are putting up a brave face, reeling out recent investment figures and MNCs continuing to make a beeline either to set up shop or expand operations in the country’s technology hub. But the famed it industry is upset and angry.

Top IT companies in Bangalore do not vent their anger in public over the sorry state of affairs--the roads, lack of a proper storm water drainage system and the consequent traffic chaos.

“The recent rains have proved that there has been no improvement in the infrastructure which has been affecting the brand name of the city in the recent past. One must admit that brand name is decisive. It determines the quantum of investment. It companies, whose first preference was always Bangalore will now seriously look to other cities like Chennai and Bangalore,” says Ananth R. Koppar, president of Bangalore Chamber of Industry and Commerce.

Stronger views were aired by the Bangalore Forum for Information Technology, BFIT convener C. N. Kumar who feels that the status of Bangalore as a preferred investment destination has taken a serious beating.

“Infrastructure was never a big concern eight to ten months ago. But new companies which are planning to set up their facilities are very much concerned about the infrastructure, roads and accessibility of airport. The present situation does not look like improving and will make companies look for other options causing heavy loss to Bangalore and the state,” he says.

In Chennai, they are watching the developments in Bangalore. The infrastructure woes there have proved to be a blessing in disguise for Chennai, which is now emerging as the next preferred destination for a number of manufacturing companies as well as IT firms.

German car maker BMW has already announced setting up of Rs 110 million manufacturing plant at Maraimalai Nagar while a host of others including Finnish telecom major Nokia, Flextronics and a host of others have also announced mega investments at Sri Perumbadur.

In addition, Korean auto major Hyundai and American giant Ford, which have their India plants near Chennai (in Rungattukottai and Maraimalai Nagar respectively), have also started expanding their facilities in a big way.

Hyundai India’s USD 550-600 million expansion would see its production capacity going up to four lakh cars per annum from the existing 2.5 lakh cars. Ford is infusing usd 75 million to its Chennai facility for expansion.

Significantly, IT majors like Infosys, Wipro, TCS have also began to shift their focus towards Chennai.

“With so much of negative publicity to Bangalore, why would anyone want to go to Bangalore,” said Keshav R. Murugesh, chief operating officer of Nasdaq-listed Syntel Inc, which is making Chennai its biggest global centre.

However, in the wake of infrastructure bottlenecks in Bangalore, the Tamil Nadu government is now focused on diverting it investments to second-tier cities such as Madurai, Coimbatore and Trichy.

In a bid to accommodate more and more industries, the state government has also initiated steps to improve the existing infrastructural facilities.

The government has allocated Rs 525.05 crore for the construction of four river bridges, six flyovers and widening of several roads in the city. It was in addition to the Rs 1,925 crore Tamil Nadu Urban Development Project-III, inaugurated by the Chief Minister Jayalalithaa last month.

http://newindpress.com/NewsItems.asp?ID=IEN20051113051550&Page=N&Title=Infotech&Topic=0


Also, look at Bangalore’s loss is Chennai’s gain
http://www.newindpress.com/Newsitems.asp?ID=IEB20051113082050&Title=Business&Topic=0

http://in.rediff.com/money/2005/nov/12guest2.htm

:nocrook:

Even thought I am a teen, I invest in the stock market. I invested in this stock a long time ago when it was 10cents and when it was not even in the Amex(American Stock Exchange.
Here is some news of this company which expect to be big(Huge)
GlobeTel Communications Announces Alliance with Major Indian Financial Processor and ATM/POS Provider to Market Stored Value Cards and Payment Solutions in India
Wednesday November 9, 9:30 am ET


PEMBROKE PINES, Fla.--(BUSINESS WIRE)--Nov. 9, 2005--GlobeTel Communications Corp. (AMEX: GTE - News) today announced that it has signed an agreement with Financial Software & Systems (P) Ltd (FSS) based in Chennai, India. The purpose of the agreement is to establish a commercial relationship between GlobeTel and FSS that will enable the parties to work together to market stored value and money remittance programs, targeting tens of millions of existing banking customers in the $12 billion Indian remittance market.
ADVERTISEMENT





Electronic Funds Transfer (EFT) solutions and outsourced services of FSS power the majority of ATMs and Point-of-Sale (POS) terminals in India, controlling most of the Electronic Funds Transfers in the country. FSS plans to double its ATM and POS deployment in the next three years. FSS through FSSNeT provides third-party processing as an outsourced application services for many of the largest banks in India.

Abu Karim, President of GlobeTel Australia/NZ & Asia Pacific, said: "We are honored to partner with FSS. FSS is the largest and fastest growing Electronic Funds Transfer (EFT) processor in India. This strategic alliance and distribution partner provides us a strong presence in the rapidly growing Indian market and expands the global footprint for our stored value card product. We look forward to developing a strong market presence by offering customers multiple delivery channels to access remittances and stored value products across India."

Nagaraj Mylandla, Managing Director of FSS, stated, "We are delighted to have GlobeTel as our business partner and are confident that this partnership will provide significant advantages to both organizations."

Rudhraapathy Jagannathan, Director of FSS stated: "We are extremely pleased to partner with GlobeTel in the delivery of stored value cards and payment solutions to our customers. We plan to launch a solution that combines FSS's distribution channels and financial transaction capabilities with GlobeTel's advanced stored value card technology platform. We believe that GlobeTel's product is superior in design and that it will be of significant benefit to our customers."

Timothy Huff, CEO of GlobeTel, stated: "FSS exemplifies the quality of key strategic partners that we seek for our international stored value business. We will work with FSS to develop a strategy to overlay their market with our stored value card, to include Fund Transfer, Money Remittance, and other valuable attributes of our technology platforms in this part of the world.

Huff concluded, "The strategic partnership with FSS will help us to expand support programs that offer unique value to the consumer, increasing acceptance of our products worldwide as we continue to grow our international presence."

FSS's partnership with GlobeTel Communications Corp. will bring cutting edge technology solutions to banks and financial institutions in India and across the globe. FSS is leveraging its extensive domain knowledge in payment processing and transaction switching across various touch points with highly skilled software development and implementation resources, world-class IT infrastructure, and global partnerships.

The FSS partnership with GlobeTel, a leader in Stored Value Products and fund remittances, is yet another opportunity to bring to the Indian banking industry technology that is world class and proven. The FSS / GlobeTel partnership is a new beginning towards this direction.

^^ its amazing to know that a teenager is involved in stocks.

I invest in Wimax technology too. And China Wireless Solutions. All pennystock. Baby companies that I think will become big. And the one above is becoming big.

RMZ Millenia

http://img376.imageshack.us/img376/1936/millenia10vx.jpg

http://img376.imageshack.us/img376/1818/millenia27ej.jpg

http://img376.imageshack.us/img376/1700/millenia35ue.jpg

Total Build-up Area - 2.6 Million Sqft
Project Commencement - Sep. 2005
Project Completion - Jan. 2007

Proposed Commercial Complexes @ RK Salai

http://img484.imageshack.us/img484/1892/complexrksalai0kh.jpg

http://img484.imageshack.us/img484/5652/rksalaicomplex15lk.jpg

Proposed Allfon Systems Pvt. Ltd, Siruseri

http://img484.imageshack.us/img484/1393/allfonsystemssiruseri3vb.jpg

Source : http://www.ociarchitects.com

Upcoming IT parks - designed by Karache Architects, chennai

http://tinypic.com/ftn85g.jpg

http://tinypic.com/ftn88i.jpg


http://tinypic.com/ftn8d2.jpg

awesome projects...do you have the website where you found these pics?

Actually that is Kharche Architects

Few more IT Park designs from Kharche Associates

http://tinypic.com/fu3o7c.jpg

http://tinypic.com/fu3ock.jpg

http://kharche.com

Amtex plans plug-n-play offices near Chennai


Thursday, 17 November , 2005, 09:31

Chennai: The US-based Amtex Systems has found a novel way to attract international clients planning an offshore development centre (ODC) in India.

The company is setting up a disaster recovery and management facility outside Chennai for global companies, at a cost of Rs 100 crore. With this, Amtex is venturing into IT infrastructure by providing end-to-end facility management services, he said.

The proposed facility coming up on the Old Mahabalipuram Road

http://sify.com/finance/fullstory.php?id=14013355

iNautix Tech expands Chennai operations

Chennai: iNautix Technologies India Pvt Limited, a leading provider of global technology solutions to a wide range of financial service organisations, has expanded its Chennai operations by occupying over 65,000 sq ft at the recently opened Ascendas International Tech Park on the IT corridor. The new location would provide iNautix with the capacity to accommodate over 500 technology development professionals, making the firm one of the largest tenants in the Tech Park.

This expansion complements iNautix's existing location in Tidel Park, where also it is the largest tenant. It already had more than 1,100 application

And the Link for the above News is

http://sify.com/finance/fullstory.php?id=14013897

Link to news (http://www.business-standard.com/iceworld/storypage.php?storyflag=y&leftnm=lmnu9&leftindx=9&lselect=&chklogin=N&autono=206051)

.....Pune-based telecom solutions major Mahindra-British Telecom (MBT) is planning to expand its operations to Kolkata, Chennai and Delhi.

The company has already set up a small 300 seats facility at Noida near Delhi to handle the migration of legacy technologies to next generation solutions. This centre will eventually be expanded to have 1,500 seats. The campus will also have a testing centre for telecom technology.

C P Gurnani, president-international operations of the company, said, “As most of the telecom firms are based in Delhi, it would be easier for us to manage this business from there.”

The 2.8-acre campus being planned in Chennai will focus on research and development and product engineering with around 1,100 seats.

The Kolkata campus, which is expected to come up at the special economic zone near Rajarhat, will focus on billing business. MBT is also setting up a new integrated campus at Hinjawadi in Pune, for which an MoU will be signed on Monday.
................

Upcoming IT parks - designed by Karache Architects, chennai

http://tinypic.com/ftn8d2.jpg

Is this one a proposal, or is it really under construction?

Posting here since this was the closest thread for this article:

ETL INFRASTRUCTURE Services Ltd, which is promoting an IT park here with an estimated outlay of Rs 140 crore, would complete the first phase by September next.

According to Mr Thiagarajan, Managing Director, ETL Infrastructure Services, ETL has acquired 14 acres of land on Avinashi Road for this venture.

The company is planning to rent out eight lakh sq ft space in the first phase and a like area in the second phase of this project. This is the third park mooted by ETL, the other initiatives being located at Chennai and its vicinity.

Mr Thiagarajan said it took a lot of searching to hit upon a land in Coimbatore. He stressed the need for extending fast track clearance for IT projects in other cities as well to decongest Chennai.Besides Coimbatore, the company is also exploring the possibility of setting up a similar infrastructure at Hosur, he added.

http://www.thehindubusinessline.com/2005/11/21/stories/2005112102621300.htm

^^ Well this is an Indian IT thread

http://www.skyscrapercity.com/showthread.php?t=152548.

http://news.com.com/India+concern+to+design+IBM+chips/2100-1006_3-5960210.html

India concern to design IBM chips
By Saritha Rai
The New York Times

Published: November 18, 2005, 5:16 AM PST
TalkBack E-mail Print TrackBack

BANGALORE, India--IBM announced an agreement Thursday establishing an Indian outsourcing company, HCL Technologies, as the first design center outside IBM's own walls for its Power Architecture chips.

The deal highlighted India's growing role in the design of high-end chips. The country is better known as a hub for outsourcing of software development and comparatively low-end back-office work.

The agreement is also in line with IBM's plan to adopt a more open strategy in its microprocessor business by setting up design centers around the world to help customers in areas like wireless technologies, consumer devices and networking by developing customized chips.

HCL Technologies, India's fifth-largest technology services outsourcing company, with $814 million in revenue, will pay a licensing fee to IBM for its use of the Power technology and will split revenue with IBM when the technology is sublicensed to others.

"IBM's goal is to make Power Architecture solutions as pervasive and open as possible," said Ron Martino, IBM's director of Power products.

The outsourced design center will be based in the southern Indian city of Chennai, a site with 25 employees currently. But company executives said this could grow into a 1,000-employee operation in two years, depending on demand.

http://tinypic.com/fxrt7a.jpg
http://tinypic.com/fxrupz.jpg
http://tinypic.com/fxruqq.jpg

Link to News (http://www.ciol.com/content/news/recruitment/2005/105071301.asp)

.....BANGALORE: IT services provider, Scandent Solutions is planning to hire 600 people as part of its expansion plans for the Chennai facility in the next one year. The company is also planning to focus on the domestic market aggressively. Currently, the company has 900 people in it two locations – Bangalore and Chennai......

Cool news ...Great job guys!

That infosys campus is nice.

mmmm We need some high rises!!! All the buildings are "pretty & beautiful" not "bold and handsome" ;)

CHENNAI DOING GREAT

http://news.webindia123.com/news/showdetails.asp?id=170646&cat=Business

http://www.newkerala.com/news.php?action=fullnews&id=56310

Go CHennai Go!!!!!!

Go CHennai Go!!!!!!

Can we go easy on these rah-rahs? So far we have keep it pretty much about project news and specific discussion around that.

http://tinypic.com/fxrt7a.jpg
http://tinypic.com/fxrupz.jpg
http://tinypic.com/fxruqq.jpg


Cool! Mahindra City seems to be shaping up well.

M&M research center in chennai getting pace
http://economictimes.indiatimes.com/articleshow/msid-1306269,curpg-1.cms

http://us.rediff.com/money/2005/nov/23it.htm?q=tp

Chennai most attractive IT destination

November 23, 2005 17:29 IST

The recent rains that lashed south Indian states may well turn out to be a 'blessing in disguise' - at least for Chennai's IT sector.

A cross-section of IT professionals have favoured Chennai over Bangalore, saying the Tamil Nadu capital's infrastructure had, by and large, withstood the brunt of nature's fury better than the 'Garden City'.

Chandigarh and Jamshedpur were the other cities to make their mark for good infrastructure.
Chandigarh was praised for reflecting superior planning as compared to other cities, while Jamshedpur's physical infrastructure was described as ''also very good'' though the 'city of steel' in Jharkhand lagged behind in local IT talent pool.

Chennai emerged the overall favourite for the status of the 'Most Attractive IT Destination,' as it was not adversely impacted by incessant rain compared to its neighbour whose hi-tech image came 'under a cloud' after rains disrupted businesses of IT majors.

''Be it people or general support, infrastructure or talent, Chennai offered a wee bit more of a choice,'' California Software Executive Vice President and COO J K Nair told UNI.

Having operations in both Bangalore and Chennai, the Calsoft official said costs were lower in Tamil Nadu's capital compared to the Garden City. ''Even in terms of infrastructure and talent sourcing or even attrition rate, Chennai was better,'' he said.

According to Take Solutions Vision Holder H R Srinivasan, ''Chennai is certainly better geared today than Bangalore but what is going to happen three years hence remains to be seen''.

He voted for Chennai for having better water, road and power facilities over Bangalore. However, a combination of factors was responsible for any organisation to choose its location.

The execution of mass rapid transit system and adequate power and water supply will ensure that Chennai continues to enjoy advantages. Focus on a holistic urban transportation solution could also help the city retain its edge, he added.

Another senior IT professional, speaking on condition of anonymity, gave full credit to Chennai for its resilience during the rains, but said the city was certainly getting congested and travel time was getting longer.

While no official figures were available on the losses suffered by the IT sector due to rains, Frost and Sullivan ICT Practice Director Alok Shende said mid-sized companies were the worst-affected as they were not equipped to face the problem.

A conservative estimate of losses in Bangalore due to rain was placed at between $8 to10 million, he said, adding this did not take potential losses into consideration.

Where's this coming up? Looks like it will be one of the biggest clustered IT parks in India when it is fully constructed. :)

RMZ Millenia

http://img376.imageshack.us/img376/1936/millenia10vx.jpg

http://img376.imageshack.us/img376/1818/millenia27ej.jpg

http://img376.imageshack.us/img376/1700/millenia35ue.jpg

Total Build-up Area - 2.6 Million Sqft
Project Commencement - Sep. 2005
Project Completion - Jan. 2007

RMZ Millenia is a well conceived business park. It is a mere 2 Km drive from Tidel Park in the prime IT growth area...

this has been mentioned in www.rmzcorp.com

This picture I have taken from Architects website : http://rspindia.net

Nipuna to set up BPO facility in Chennai

http://news.webindia123.com/news/showdetails.asp?id=171836&n_date=20051124&cat=Business

Olympia Tech Park - as on 8th November 2005

http://tinypic.com/hs6mg9.jpg

walkthru of Tek Meadows, an IT park by Rattha Holding Company Ltd

http://www.rattha.in/walkthro.html

walkthru of Tek Meadows, an IT park by Rattha Holding Company Ltd

http://www.rattha.in/walkthro.html
Looks biggish to me.

http://economictimes.indiatimes.com/articleshow/1304931.cms

http://economictimes.indiatimes.com/articleshow/1304931.cms

35,000 only over the next 12 months ? I was hoping about 70,000 !!

yeah..i was hoping for more too.. but looks like things have slowed down.

Low fsi for upward constructions and long waiting times for clearance from government for construction of high rises(10-15 storeys) is also slowing down the real estates market.

DLF - Software Park Complex
Chennai


http://tinypic.com/huiybp.jpg


http://tinypic.com/huiygz.jpg

DLF - Software Park Complex
http://img374.imageshack.us/img374/8503/12dm4.jpg

http://img374.imageshack.us/img374/3118/20gd.jpg

yeah..i was hoping for more too.. but looks like things have slowed down.

Low fsi for upward constructions and long waiting times for clearance from government for construction of high rises(10-15 storeys) is also slowing down the real estates market.
What do you mean clearance from government? There are no issues there. Building are in construction stage. With the number of IT buildings under construction, Chennai could easily attract a whole lot more than 35,000. It is just that the ET reporter threw in that random figure.

Bloody hell :lol:

I really should refresh the page I post in. I completely missed Anniyan's post after having my browser open on this thread for several hours before he'd posted ;)

Sorry bro

I read that the clearance times for a new building -MMDA aproval sometimes takes longer than the time to build the building itself in chennai and rest of TN. It is there in the COimbatore thread.

Chennai always had the man power, it lacked the office space(not the pubs & night clubs which is immaterial). More office space would lead to more investment.

W.S. Industries pact with TCG for IT Park in Chennai

THE Chennai-based W.S. Industries (India) Ltd has joined hands with The Chatterjee Group of Kolkata to develop a 1 million sq ft IT park.

The developers have filed an application with Chennai Metropolitan Development Authority (CMDA), he said.

W.S. Industries manufactures porcelain insulators for use in transmission of electricity. Its plant is located at Porur in Chennai. Thanks to a rationalisation of the factory layout, the company was able to save land, which is now being used for the IT park.

The IT park will come up on the Chennai-Bangalore national highway, just outside the city limits. According to real estate industry sources, there is a growing demand for quality IT space in the area, what with the Old Mahabalipuram Road getting crowded and land prices shooting up.

Larsen & Toubro's IT subsidiary has a centre on the stretch, just adjacent to L&T ECC office. DLF of Delhi has acquired a 40-acre plot on that stretch where it plans to put up an IT park that will ultimately cover 4 million sq ft.


http://www.thehindubusinessline.com/2005/11/28/stories/2005112800920500.htm

I read that the clearance times for a new building -MMDA aproval sometimes takes longer than the time to build the building itself in chennai and rest of TN. It is there in the COimbatore thread.

Chennai always had the man power, it lacked the office space(not the pubs & night clubs which is immaterial). More office space would lead to more investment.

I think you've got yourself a bit confused. Chennai has a single window clearance in place for sometime and the result is the ongoing construction of about 22 million sq. ft. of IT/ITES space in the city. You can check the previous posts or check elcot.com. In cities like Coimbatore and Hosur, there is a lack of speedy single window clearance and this is what the builders are worried about. There's no problem whatsoever in Chennai.

IT, ITES boom in Tamil Nadu

Tamil Nadu is today among the most preferred destinations for global sourcing in India. The year 2005 has turned out to be a watershed for the information technology (IT) and informatic technology enabled services (ITES) sectors in the state.

2005 – A boom year

Industry experts feel that unveiling of the state’s ‘IT Enabled Services (ITES) policy’ and offering a slew of incentives with the intention of making Tamil Nadu the global outsourcing capital will provide major thrust to the IT and outsourcing sector.

In the past, 80-85 per cent of the companies in the state were IT firms, but in the last six months to one year, there has been an increase in the number of outsourcing companies coming in to set up shop, says Lonnie Sap, chief operating officer, OfficeTiger.

According to R Rajalakshmi, director, Software Technology Parks of India (STPI), Chennai, there are around 800 units operating in the state. During April-October 2005, 94 new units have come up with more than half (49) being ITES firms.

The 345 units, spread over two million sqft in the state, recruited 15,000 people during April-October (as reported to STPI).

For the year 2004-05, the software exports from the state grew 41 per cent to Rs 10,703 crore from Rs 7,621 crore in 2003-04. According to STPI, the state's IT exports stood at around Rs 5,000 crore at the end of October. STPI-Chennai projections indicate that the total exports of the state is expected to be about Rs 14,000 crore by the end of this fiscal.

Recently, chief minister J Jayalalithaa announced that the state government was planning to develop the second IT park at Siruseri, along the IT Corridor of Chennai as the total space in the first IT park, spread over about 1,000 acres, had been sold out.

Key differentiators

Many agree that quality of human resources is the key differentiator of the state, which is ranked first in skilled technical manpower annual turnout. The state is home to 230-plus engineering colleges and more than 300 arts, science and commerce colleges. The annual turnout of engineering graduates in the state is over 79,000, the largest in India. Besides, the state produces 58,500 diploma-holders from polytechnics.

The World Bank, in its latest report, says that the state has an educated, hard working and disciplined workforce and a capable civil service.

“The commitment, work culture and ethics of people of Chennai are the major advantages for a company that differentiates it from other cities,” says Sap.

R Chandrasekaran, managing director, Cognizant, feels that intrinsic worth of Tamil Nadu is very high from both educational and physical infrastructure standpoints.

The state and Chennai score heavily in terms of all other infrastructural issues like cost of land or lease rental, connectivity, availability of technology providers, health and schooling provisions, among others — all contributing to a decent standard of living, says Ranjit Pisharoty, president and chief technology officer, Lason India & Convener, IT & BPO panel, CII-TN.

“We try to tell companies that you initially come for cost, what makes you stay here is the quality and what makes you grow is the value you add,” says C Chandramouli, secretary – IT, Government of Tamil Nadu, adding that companies, which set up shops here were growing because of the quality of manpower and expanding their business offerings.

Future: combination of software and hardware
[/B]
n the recent months, the state has also attracted several hardware companies. Nokia and Flextronics are coming to Chennai along with the cluster of their vendors. Motorola is also exploring the potential. Some of the biggest hardware manufacturers from Taiwan are also expected to set up their facilities. Software and hardware will make a good combination in the future, says Chandramouli.

Pisharoty also agrees that tremendous interest shown by European, South African, Southeast Asian and Asia-Pacific countries in the last few months is a good enough sign.

“We are also keen to ensure that the investors find friendly environment here. We are even looking at their housing and other facilities,” Chandramouli says. He cited a project on similar lines like the ‘Little Japan,’ a township that would address the housing, cultural, educational, entertainment, social and culinary needs of the expatriate community of Japan.

“We are very bullish and expect more global firm to set up shops here in 2006,” he says adding that a delegation from the state will visit Europe soon.

Chandrsekaran says that different locations may be seen as specialists in different areas like technology software, systems software, engineering services, embedded systems, infrastructure management.

Industry experts feel that Chennai also needs to get active on the public relations front to ensure that its perception quickly catches up with its enviable reality.



http://www.business-standard.com/iceworld/storypage.php?chklogin=&autono=206891&leftnm=lmnu9&leftindx=9&lselect=2

^^ I wish they had the PR machinery of CBN. It would kick arse then http://img415.imageshack.us/img415/786/icontwisted7fo.gif. Out of teh 79,000 engineering graduates. How many of them get the jobs. Actually in these times we should encourage more entrepreuneship (sorry for the spelling).

No need for CBNs machinery - all we need is some imagination and $$$. A branding campaign and a contract to a good PR agency will ensure that positive news stories keep appearing in the national media - and in time it will have the desired effect.


^^ I wish they had the PR machinery of CBN. It would kick arse then http://img415.imageshack.us/img415/786/icontwisted7fo.gif. Out of teh 79,000 engineering graduates. How many of them get the jobs. Actually in these times we should encourage more entrepreuneship (sorry for the spelling).

"the state's IT exports stood at around Rs 5,000 crore at the end of October. STPI-Chennai projections indicate that the total exports of the state is expected to be about Rs 14,000 crore by the end of this fiscal."

The figure of 14,000 crores looks very very conservative !, it means only 31 % growth much less than the previous year, 41 %. I am hoping for more than 41 % this time as the last couple of years have seen a lot morer activity than ever. Though it might take a few years for the new investments by the new folks to bear fruit, the investment from the existing players would not have much lag. Hoping for atleast 16,000 cr by year end

Even in a recent article on the economic times, chennai faired poorly on the perception front. it is gonna take some all out effort from all sections of the society to boost up the image.
Apart from that there are certain sections of indians, have a very strong prejudice on this state.
for eg: when there was heavy rains couple of weeks back, NDTV ran a feature, "The Chennai Stink". Well, having lived in bangalore for close to 6 years, and recently shifted to chennai, I can vouch, banglaore would have been ruined if it had happened there.
Unless we have the cartoons like MK and JJ out, we will still be viewed as a land of political games.

But, the investors by and large are not really influenced by these perceptions. A investor invests where there is intrinsic value. Thats why chennai is on the top.

Manufacturing, Textile, Leather, IT - TN has a stunning combo. If agri shows a positive growth, (currently in negative), our overall growth would fare much better.

This has been my first post. I have quietly been reading the posts for quite sometime. couldn't resist jumping in.

cheers
Bala

Yes, the biggest issue facing Chennai and TN is perception. TN was ranked No-2, next only to Maharastra by Business-Today but in perception category, we were at No-5.
JJ has to make trips abroad, connect with business delegates and sell the state in overseas conferences.
JJ has to learn from Andhra CM's (CBN and YSR) to aggressively campaign for projects. Yesterday, YSR took a 50 member delegation to Delhi to convince Manmohan and Maran to set the Fab city in Hyderabad. I haven't seen any delegation from AI-ADMK government meeting Maran. Though Maran is backing Chennai, he needs a backing from JJ to get the Fab city to Chennai. This link is unfortunately missing!

"the state's IT exports stood at around Rs 5,000 crore at the end of October. STPI-Chennai projections indicate that the total exports of the state is expected to be about Rs 14,000 crore by the end of this fiscal."

The figure of 14,000 crores looks very very conservative !, it means only 31 % growth much less than the previous year, 41 %. I am hoping for more than 41 % this time as the last couple of years have seen a lot morer activity than ever. Though it might take a few years for the new investments by the new folks to bear fruit, the investment from the existing players would not have much lag. Hoping for atleast 16,000 cr by year end

I can think of one factor which has affected the exports -"The rupee". The rupee has been steadily appreciating except for the last month or so. When the rupee rises, it hits the software companies hard. The exports at the end of October could have easily been higher if the rupee had been at 46 instead of 44.

Yes, the biggest issue facing Chennai and TN is perception. TN was ranked No-2, next only to Maharastra by Business-Today but in perception category, we were at No-5.
JJ has to make trips abroad, connect with business delegates and sell the state in overseas conferences.
JJ has to learn from Andhra CM's (CBN and YSR) to aggressively campaign for projects. Yesterday, YSR took a 50 member delegation to Delhi to convince Manmohan and Maran to set the Fab city in Hyderabad. I haven't seen any delegation from AI-ADMK government meeting Maran. Though Maran is backing Chennai, he needs a backing from JJ to get the Fab city to Chennai. This link is unfortunately missing!

The perception factor is very true. TN has been carrying on its work silently. I am sure that JJ is backing Maran in his initiatives though not openly. Nokia, Flextronics were all initiated by Maran. The state govt. gave its full support. Motorola and fab projects would also be fully supported by the state. Maran has promoted Chennai/TN (Intel, Motorola and Microsoft) during his recent trip to the US. JJ had sent a delegation to Taiwan (the results of which are the newly planned investments) and also to Malaysia and Australia before Connect 2005. Things are changing for the better :)

Both are definately doing a better job than the lousy KK, who screwed the state up.

Taiwan mobile co to set up shop in India

NEW DELHI: Close on the heels of Finnish mobile handset maker Nokia announcing its manufacturing plans for India, a Taiwanese rival is also in talks with the Government to set up shop in the country.

A Taiwan-based handset manufacturer, who has large investment in China, held talks with us... they are looking forward to set up a base in ..... :-)

http://www.siliconindia.com/shownewsdata.asp?newsno=30072&newscat=Technology

Force10 to expand its product portfolio
Link to news (http://www.ciol.com/content/news/2005/105113007.asp)
...Established last year to extend Force10's software development and testing capabilities, the Chennai facility has more than 60 employees and will continue to add additional engineers throughout 2006 as it expands to chip design and verification.....

A very nice article

Proudly Indian - Lakshmi Narayanan, President and CEO of Cognizant Technology Solutions
http://www.thehindubusinessline.com/life/2005/12/02/stories/2005120200020100.htm

The Cognizant CEO finds comparatively less corruption in the IT sector. "We've never had to meet the current or the ex-chief minister; everything is open, transparent. In this State (TN), nobody interferes; they facilitate."

I think you've got yourself a bit confused. Chennai has a single window clearance in place for sometime and the result is the ongoing construction of about 22 million sq. ft. of IT/ITES space in the city. You can check the previous posts or check elcot.com. In cities like Coimbatore and Hosur, there is a lack of speedy single window clearance and this is what the builders are worried about. There's no problem whatsoever in Chennai.

MY Bad!!

People in chennai...any news about the construction activity?

OMG ! so many new projects. looks like I have missed a lot

OMG ! so many new projects. looks like I have missed a lot
Fusi,

Nice to see you after a long time.. why u r not visiting the forum frequently.

Fusi,

what happened to you, why u not visiting the forum frequently..i thought of enquiring abt u in GTC

work's kept me away. But I do occasionally read the threads though. Good work :okay:

This thread is missing the founder :) ..wish to see you often.

^^ Yeah, Fusi should grace us with his presence more often :)

IT advantage TN from Sify
http://sify.com/finance/info-graphics/it-bpo/index.php

Good one there, Sun! :)

A very nice article

Proudly Indian - Lakshmi Narayanan, President and CEO of Cognizant Technology Solutions

The Cognizant CEO finds comparatively less corruption in the IT sector. "We've never had to meet the current or the ex-chief minister; everything is open, transparent. In this State (TN), nobody interferes; they facilitate."

So, Bill Gates is after all coming to Chennai. Hope he announces some Chennai specific plans of Microsoft.
http://www.hindu.com/2005/12/08/stories/2005120814490700.htm

I am so sorry to report this. What a sad day for Chennai, besides this was just a personal visit, not for any inverstment, just like Intel CEO's visit, just a dud ... :(


Chennai, December 8: Communications and IT Minister and DMK leader Dayanidhi Maran on Thursday described as ‘bad’, infrastructure facilities like roads in the city, which was why he did not give Microsoft chairman Bill Gates a tour of Tidel Park, the state’s IT hub.

“I could not take Gates to Tidel Park because of the bad roads,” he said after seeing-off the technocrat, who had called on DMK chief M. Karunanidhi at his residence.

If infrastructure facilities do not improve, Chennai might ‘go the Bangalore way’, Maran warned, referring to several IT companies shifting base from the Garden city.
http://www.expressindia.com/fullstory.php?newsid=59727&headline=Chennai~roads~stop~Gates~to~visit~IT~park

How can it be a personal visit when Gates meet Tamil nadu CM Jaya tommorow?

I beleive that Tamil Nadu would get a part of the 1.7 billion dollars that Microsoft has said it would invest in India in the next four years.

VS, It is not a personal visit as Anniyan said. Its a wrong time to be in Chennai because of the floods and Maran is trying to gain some political mileage because of the bad roads. The elections are around the corner. Tomorrow Gates will get a completely different view of Chennai from JJ.

Motive behind Gates meeting with Kalignar..

I think Kalignar would probabaly know about MS's investment plan for TN, thats why he met Bill Gates today and then later he told the media that he requested Gates to invest more in the state. If MS announces any projects tommorow or in the near future then DMK would say that Gates decided to invest in TN because of Kalignar's request.

Previously they did the same tactics with Chennai new Airport approval and Automobile Testing Track. By knowing the Govt's decision in advance they played a drama to project as if it was all because of his effort..

so i think they are doing the same thing now with Microsoft..

I have a lot of respect for Maran. But I personally feel Maran shouldn't have criticized about bad roads when Bill Gates was in town. Hope amma will present a good picture about the state.

Bill Gates is no stranger to politicians or their quirks. But when chief ministers of all states, big and small, have been touting their cities as the next big IT destination, even the unflappable chairman of Microsoft must have been astounded to hear Union information technology minister and DMK leader Dayanidhi Maran dismiss Chennai as no more than a Silicon Valley wannabe on Thursday.

Not one to be media-shy, Maran went on to crib that he could not take Gates to TIDEL Park, Chennai’s IT hub, because of the potholed roads leading to the software enclave. Aghast mediapersons listened in shock as the minister tore apart the image of a city still recovering from the fury of the recent floods.

Tamil Nadu, he said, should learn from the Bangalore experience and improve its infrastructure if it were to attract investment in the IT sector.

Gates, however, will get exactly the opposite view on Friday morning when he meets chief minister Jayalalithaa, who on Thursday inked a deal with BMW for setting up its assembly plant near Chennai.

If the Microsoft chairman wonders if the chief minister and the IT minister are talking of the same city, this should throw some light: Karunanidhi and Jayalalithaa are to Tamil Nadu what he and Linus Trovalds (creator of Linux) are to the IT world.

Bill Gates is no stranger to politicians or their quirks. But when chief ministers of all states, big and small, have been touting their cities as the next big IT destination, even the unflappable chairman of Microsoft must have been astounded to hear Union information technology minister and DMK leader Dayanidhi Maran dismiss Chennai as no more than a Silicon Valley wannabe on Thursday.

Not one to be media-shy, Maran went on to crib that he could not take Gates to TIDEL Park, Chennai’s IT hub, because of the potholed roads leading to the software enclave. Aghast mediapersons listened in shock as the minister tore apart the image of a city still recovering from the fury of the recent floods.

Tamil Nadu, he said, should learn from the Bangalore experience and improve its infrastructure if it were to attract investment in the IT sector.

Gates, however, will get exactly the opposite view on Friday morning when he meets chief minister Jayalalithaa, who on Thursday inked a deal with BMW for setting up its assembly plant near Chennai.

If the Microsoft chairman wonders if the chief minister and the IT minister are talking of the same city, this should throw some light: Karunanidhi and Jayalalithaa are to Tamil Nadu what he and Linus Trovalds (creator of Linux) are to the IT world.

Maybe ,Maran is playing to the crowd of him being a neutral union minister, with regards to the recent attacks on him by YSR

At the end of the day, if Chennai gets the investment, I don't have any problems with name calling et al.

Motive behind Gates meeting with Kalignar..

I think Kalignar would probabaly know about MS's investment plan for TN, thats why he met Bill Gates today and then later he told the media that he requested Gates to invest more in the state. If MS announces any projects tommorow or in the near future then DMK would say that Gates decided to invest in TN because of Kalignar's request.

Previously they did the same tactics with Chennai new Airport approval and Automobile Testing Track. By knowing the Govt's decision in advance they played a drama to project as if it was all because of his effort..

so i think they are doing the same thing now with Microsoft..

I really hope so :)

I recently stumbled on this forum and I should admit I am delighted to see such interesting discussions.

I guess we deserve much better than the likes of Maran, Karunandhi, Jaya.

Only a dumbo would make such a statement as Maran when a computer mughal is in town and is expected to invest in the city.

:weirdo:

Not sure if this was posted already.

Gates awed by Tamil Nadu's wealth of talent

http://ia.rediff.com/money/2005/dec/09gates2.htm

Even as Gates appreciated the inherent strengths of the pool of IT professionals available in this metropolis, Jayalalithaa assured him that the government would allot the required land and render whatever supported needed for setting up the company's facilities here, an official statement said.



Same article more precise

http://www.hindu.com/2005/12/10/stories/2005121013040100.htm


http://www.hindu.com/2005/12/10/stories/2005121008210400.htm

ESPEE IT Park

http://www.exceedintl.com/espee.asp

ESPEE IT Park, Ekaduthangal, Guindy

ESPEE IT Park, Ekaduthangal, Guindy will be a landmark complex in the Chennai airport vicinity. Espee IT is a well conceived IT Park spread across 4,739 Acres (206,440 sqft) and has a built-up area of 850,542 sqft. Centrally located, it will be easily accessible from anywhere in the city.

Espee will have mix of precast and conventional methods of construction, in line with the American style of construction. Exceed will secure the civil, structure, HVAC and the electrical work, and Ramaniyam will be the developers. This project is expected to be completed by mid 2006.

Project by : Exceed International

Amazon software centre in Chennai soon

MUMBAI: Amazon.com, Inc., today announced that it would open a software development centre in Chennai to focus on developing new and innovative website features to help its customers around the world find and discover anything they would want to buy online.
http://www.ciol.com/content/news/2005/105102111.asp?headline=Amazon~software~centre~in~Chennai~soon

-------------------
[edited] Its an old news. I can edit, but how do I delete this message?

Link to the news (http://www.thehindubusinessline.com/2005/12/16/stories/2005121601190400.htm)

...The company is also planning to set up a new development centre in Chennai with 300-400 seats. The new facility, expected to be operational in about three months, would focus on building next-generation Airline Reservation System (ARS) on ZTPF platform....

Link to news (http://www.ciol.com/content/news/2005/105121606.asp)

...According to TAKE Solutions vision holder Srinivasan HR, “We would like to continue to be niche and would look at acquiring companies in the supply chain management (SCM) and life sciences space in the US and APAC region. Some capabilities that we may want include data warehouse and business intelligence, which we can use to ride our inherent capabilities and domain knowledge, add value and build a more complete suite.”

TAKE plans to set up a new center in a tier two city. Srinivasan said, “We are seriously considering setting up our next center in Coimbatore or Madurai for both our life sciences and SCM practices. We are in the last stages of zeroing in on one of these cities.”

The company would employ at least 1,000 people in the next two years in the new center.......

ESPEE IT Park, Ekaduthangal, Guindy

ESPEE IT Park, Ekaduthangal, Guindy will be a landmark complex in the Chennai airport vicinity. Espee IT is a well conceived IT Park spread across 4,739 Acres (206,440 sqft) and has a built-up area of 850,542 sqft. Centrally located, it will be easily accessible from anywhere in the city.

Espee will have mix of precast and conventional methods of construction, in line with the American style of construction. Exceed will secure the civil, structure, HVAC and the electrical work, and Ramaniyam will be the developers. This project is expected to be completed by mid 2006.

Project by : Exceed International

Atleast the pic looks like a 20+ storeys. Hopefully chennai should have one.

A sign board in Chennai appealing to road-users to bear with the inconvenience caused by the construction of a six-lane "IT Higway".

http://tinypic.com/iqjty0.jpg

Sorry if this has been posted before.

ETL Infrastructure set to release 1.2m sqft of IT space in Chennai

ETL INFRASTRUCTURE services is set to release close to 1.2 millions sqft of premium IT space in Chennai's IT Corridor. Built over 26 acres of land, IT park titled 'Chennai One', conceived and developed by Mr.S.Thiagarajan who earlier promoted Elnet Software City, has also become the first IT park in the city to get an SEZ status from the centre.

Chennai one has attracted the $16 billion Flextronics group as one of its early clients in the park. Flextronics Technologies India is setting up its global shared service centre at here, with about 800 people on board over the next six months.

Flextronics has taken up 35,000 sqft of leased space in Chennai One to begin with. It has a scaleable agreement to expand this by another 35,000 sqft as and when the need arises. Leading property consultants, TrammellCrow Meghraj (TCM) facilitated this deal.


"This IT Park offers the largest floor plate in Chennai, by offering 1.43 lakh sqft of space in each of its nine floors. It is also an energy efficient building and will be a green building, aiming for Platinum
Certification, "Mr Jair D'souza, vice president (commercial) , ETL Infrastructure Services, told ET, "It is close to finish and ready for fit outs. The first client can move in by mid-January, 2006, "he said, ETL alreaady has bookings for 2.25 lakh sqft. Chennai One has come up at Thuraipakkam, seven kilometres from the Tidel Park.

It will comprise IT space, food court, fitness centre and ATMs. "Today, there is good demand for plug & play office space, rather than bare shell, where the clients do up the interiors.

The Economic Times : 15.12.2005

A sign board in Chennai appealing to road-users to bear with the inconvenience caused by the construction of a six-lane "IT Higway".

http://tinypic.com/iqjty0.jpg

Does anyone know the status of IT Highway. It was intially planned for March 2006 I guess. How much of the highway is complete?.

My company has a branch in IT highway. I would like to ride on IT highway when I visit chennai next time :)

^^I have no idea about the project status.

I found these pictures in the contractor's website, pics were taken on Sept '05

In the website the completion date is given as April 2006

http://tinypic.com/ix3uix.jpg


http://tinypic.com/ix3uo2.jpg

so from these pics we can see the preparation of sub grade .. :)

hi guys i spoke to my parents regarding floods in chennai,they say it is pretty bad, hope u guys are safe from floods .

[QUOTE=Anniyan]^^I have no idea about the project status.

I found these pictures in the contractor's website, pics has been taken in Sept '05

In the website the completion date is given as April 2006

Thanks Anniyan. Appreciate your reply.
Hopefully it gets completed by April.

Glad to see work progressing down the IT highway. I wish they had their own website for the Corridor's promotion though. Afterall it is the selling point for the entire city as of now

http://tinypic.com/ix3uo2.jpg

I am really confused is the I.T highway elevated?
Who is building it?
Is it an expressway or a highway?
Highways are not accessed controlled where as expressways are and have ramps instead of 4 way intersections with a stop light.
If it is elevated, then what is the road on the ground level that is being built next to that elevated stuff?

A sign board in Chennai appealing to road-users to bear with the inconvenience caused by the construction of a six-lane "IT Higway".

http://tinypic.com/iqjty0.jpg

Cool, one of the other signs said

"You have to put up with the rain to see the rainbow."

I am really confused is the I.T highway elevated?
Who is building it?
Is it an expressway or a highway?
Highways are not accessed controlled where as expressways are and have ramps instead of 4 way intersections with a stop light.
If it is elevated, then what is the road on the ground level that is being built next to that elevated stuff?

Its a highway...not elevated

Then what are the things next to the highway. It is on stilts. There are no ramps. Only stoplights??

Then what are the things next to the highway. It is on stilts. There are no ramps. Only stoplights??

yeah only stoplights. It is about 35 km long, 6 lanes with 2 side lanes. It starts almost close to the center of the city and spans out exactly south of the city. The pillars u see on the left is MRTS- elevated local train service whose 6-7km(approx.) stretch runs parallel to the highway.

I am really confused is the I.T highway elevated?
Who is building it?
Is it an expressway or a highway?
Highways are not accessed controlled where as expressways are and have ramps instead of 4 way intersections with a stop light.
If it is elevated, then what is the road on the ground level that is being built next to that elevated stuff?

The Old Mahabalipuram Road from Madhya Kailash junction upto Siruseri is being upgraded to a 8 lane highway. 2 of them are service lanes (similar to Mount Road) for non-motorized traffic. There would be no ramps but stoplights at intersections. The highway is on ground level with the MRTS running on an elevated section parallel to the highway for a couple of Kms. Land acquisiton for adding more lanes has been a problem which has delayed the project. It is expected to be complete by April 06.

This link may give you more details.

http://www.thehindubusinessline.com/2005/02/24/stories/2005022401901700.htm

Saneron plans stem cell centres in major cities


MUMBAI: Saneron CCEL, stem cell research and therapy firm, on Thursday launched its Indian arm, Saneron India. The company will be based in Chennai and will establish specialised stem cell centres in major cities throughout India. S. Abhaya Kumar, who is CEO of LifeCell and co-Chairman of Saneron Asia, will be the Chairman of Saneron India. LifeCell has committed an investment of around Rs. 60 crore over the next 2-3 years on Stem Cell banking, research and therapy.

Addressing the media here, Mr. Kumar said, "this is part of LifeCell's mission and commitment to go beyond the storage of stem cell and bring world-class research, applications and therapy to the people of India.''

Saneron Asia and Saneron India will collaborate with Tzu Chi General Hospital in Taiwan for clinical trials. Saneron India would focus on trials for Amyotrophic Lateral Sclerosis (ALS) and stroke patients, who will be treated in India initially and later on in Taiwan. The first trial for ALS is designed to evaluate the safety and efficacy of potential treatments to bring new effective therapies to the market.

The trials will begin early next year in India and Taiwan and Saneron India will begin accepting patients in mid-2006 at the Stem Cell Centre in Chennai and will work closely with LifeCell. Saneron India is also establishing a proprietary, allogenic bank of GMP manufactured Human Umblical Cord Blood (HUCB) stem cell suspensions designed for therapeutic applications for neurological and cardiac disorders. LifeCell has marketing and collection centres in Chennai, Hyderabad, Bangalore, Ahmedabad, Mumbai, New Delhi, Kolkata and Kochi.

According to Mr. Kumar, `` LifeCell has been in operation for the last ten months. In the next 12-18 months.''

Thankyou Chennai Foreever and WillyWick

Friends.
Nice to see all the IT developements in chennai. What do you think about the land prices raise in past few months? Do you think will that fall down or will that stay like this? This is so horrible now..

Proposed Bacon IT park @ Siruseri by Baskar Constructions, Chennai

http://tinypic.com/jto1ex.jpg

Proposed IT park @ RK Salai

http://tinypic.com/jtoqok.jpg

IT majors throng to Chennai for health
http://economictimes.indiatimes.com/articleshow/msid-1357577,curpg-1.cms

R-Systems plans expansion

CHENNAI: R-Systems International Ltd, a leading software technology provider is all set to expand its operations in the country. The company, simultaneously set up in India and the US in 1991, has a slew of products on offer, and some being developed, for a broad spectrum of industries.

For instance, its proprietary pSuite execution work helps companies bring products and services to market quicker, says Rekhi Singh, chairman and CEO. Similarly, its Integrated Product Lifecycle Management services helps both emerging and established product companies to choose specific services.

R-Systems acquired two companies, one in the US and the other in Singapore and these have since been fully integrated. Singh pointed out that the company is now focused on developing and upgrading its development centres in Noida, Pune and Chennai involving investment of a couple of hundred crore of rupees.

http://www.newindpress.com/NewsItems.asp?ID=IEB20060109110443&Page=B&Title=Business&Topic=0

Writer Co invest 20cr in Chennai Disaster Recovery center...

Link to the news.... (http://www.hindu.com/2006/01/12/stories/2006011204772000.htm)

CHENNAI: Writer Corporation is not just about moving goods; it is about orienting lives as well in these times. Starting the business as a mover, it has now entered the hospitality segment.

In an interview with The Hindu, Denzil de Souza, Managing Director of the Mumbai-based P. N. Writer and Co. Pvt. Ltd., said "relocation alone is not our business, we are also expanding to other related areas.'' Writer was now venturing into travel and lifestyle businesses, he added.

Mr. De Souza said the company was planning investment of Rs. 500 crore over the next five years in various businesses such as relocation, record storage, media storage, disaster recovery and cash management.

The major chunk of its investment, amounting to Rs. 200 crore each, would go into its domestic and lifestyle businesses.

The balance would go into its international business. Funds for diversification would be generated through internal accrual and loan from State Bank of India.

New products


In the domestic businesses, Writer was planning to introduce newer products such as disaster recovery and office moving.

Companies in the media, fast moving consumer goods (FMCG) and information technology (IT) sectors were engaging third parties for storing their data in tape format.

This enabled them to reduce their risk levels.

Writer was planning to expand this business in a major way. "Most of the companies are looking at saving their data not within their premises. So the offsite offline is growing. This model is an affordable and secured system for the companies," Mr. de Souza added.

To tap this market, Writer was setting up a disaster recovery centre called `Information management and logistics facility' in Chennai at a cost Rs. 20 crore. The facility would have climate-controlled storage, CCTV, access control and modular racking system. The company was in the process of identifying the location. Similarly it was planning to set up media storage centres in cities like Mumbai, Delhi, and Bangalore.

Ventech charts Rs 40cr spread

Ventech Solutions, an IT products and services firm having offices and delivery centres in the US and Chennai, has announced that it would be spending Rs 40 crore to expand its operations in India in the next three years.

The company's expansion is aimed at supporting global research and delivery services for its clients.

Addressing a press conference, Ravi Kunduru, chief executive officer of Ventech, said that the company would be spending about Rs 20 crore during this year to set up a facility with a capacity of 400 seats in Siruseri and another facility with 275 seats in the southern part of Chennai. The Siruseri facility is expected to be ready by third quarter of 2006.

http://www.business-standard.com/iceworld/storypage_link.php?chklogin=N&autono=211410&lselect=2&leftnm=lmnu9&leftindx=9

SkyTECH opens development centre

CHENNAI: SkyTECH Solutions, a joint venture between United Airlines and TCG, has started its new development centre in Chennai. This is SkyTECH's third offshore development centre after Kolkata and Mumbai. This SEI CMM Level 5 company provides consulting and niche IT solutions and products for global travel and transportation, with an emphasis on airlines.
http://www.hindu.com/2006/01/14/stories/2006011407641805.htm

Aspocomp to Add PCB Plant in India

HELSINKI -- Aspocomp Group, the second largest PCB company in Europe, plans build a printed circuit board plant in Chennai, India, the company said today.

Aspocomp will invest 60 million euros in the the plant, India's first HDI production facility, Aspocomp said.
The plan will be operational during the second half of 2007.

Aspocomp said in a statement that the expected needs of its current customers drove the decision to add capacity.

CEO Maiija-Liisa Friman said, "The expansion into India is a logical step in the implementation of our strategy that has already started in Thailand and China. India is an attractive and rapidly growing market for printed circuit boards. This project is important as it significantly reinforces our ability to service our global customers. The project combines high technology products, production flexibility, a good delivery capacity, and a competitive cost level."

Final decisions over the investment should be coming in the next few months, the company said.

http://circuitsassembly.com/cms/content/view/2723/95/

CHENNAI ONE - by ETL Infrastructure Ltd.,

http://img31.imageshack.us/img31/2820/chennai14zv.jpg

OCEANIC TECH PARK by Vishranthi Homes Pvt. Ltd.,

Completion Date : 31-10-2006
Coming up in : No:40 South Canal Bank, Santhome, Chennai

http://tinypic.com/m80aj4.gif

continue here

Link to news (http://www.thehindubusinessline.com/2006/01/21/stories/2006012102070400.htm)


Nina Varghese




Chennai , Jan. 20

THE Atlanta-based GMT, a workforce optimisation solution provider, is setting up base in Chennai to service the Asian market.

Mr Roger Avats, Chairman and CEO, GMT, told Business Line that the company provides software for call centres, business processing companies and financial institutions to make operations more efficient.

The workforce management software will help forecast and schedule staff operations at call centres, service industries and processing companies. The company's other product is the currency optimisation software, which is designed to improve a bank's profitability by more tightly managing and reducing cash levels in the branches, ATMs and vaults.

The company's clients include Citibank, UPS, Eurostar, New York Life, Disney, the Commonwealth Games in Australia and Manchester to mention a few.

The company has a turnover of about $10 million and is privately held. The workforce management software was developed in house by Mr Michael Podrazhansky, Chief Technology Officer, GMT. Mr Podrazhansky said he developed the first workforce management software when he was 16 years old and worked in a grocery store. At that time he felt that the store was not utilising its staff optimally. So he came up with the software, which would help the management utilise staff skills and time better.

Besides marketing these products, Mr Avats said that the company planned to research and develop new products at the Chennai office.

The Chennai operations will support and service one of the leading banks in Thailand, he said.

The initial investment in this new office would be about $1 million. The company has leased about 8,000 sq ft of space in an IT park promoted by the ETL Infrastructure Services Ltd off the Old Mahabalipuram Road.

In the first phase, the company plans to hire 25 people for sales and implementation, support, testing and technical writing. The company plans to double the headcount next year.

Chennai, Jan 21: The Centre has sanctioned 300 acres of land near the city for establishing a maritime institute, which would fulfill the needs of the Shipping Industry,and 100 acres of land for four IT complexes, Union Commerce and Industry Minister Kamal Nath said here today.

http://www.chennaionline.com/colnews/newsitem.asp?NEWSID={4644BCA6-6E5D-4D2A-94EB-242CAACF741D}&CATEGORYNAME=CHN

Intel unit may get SEZ status

Global chip manufacturer Intel’s proposed assembly testing facility in India is likely to get the status of a special economic zone (SEZ).

The company is currently negotiating with the government for additional sops. The assembly testing facility is likely to be set up in Tamil Nadu with an initial investment of around $300 million.

“Intel will set up the unit as a special economic zone as it wants to avail of the direct and indirect tax concessions that are available to this zone,” an official said, adding that the government had made it clear to the company that it would not extend any concessions outside the SEZ.

The company is seeking benefits in addition to those available to the SEZs in India on the ground that the high cost of land and power and a high wage rate are coming in the way of making its investment viable.

Officials said the land issue was more or less sorted out as the state government was considering making land available free of cost for the project.

The company has identified around 120-150 acres of land near Chennai for setting up the facility. It is seeking an unsecured loan of Rs 200-crore from the government along with other concessions such as unlimited access to external commercial borrowings and tax waivers.

The company has conveyed that it was willing to begin due diligence and was targeting to complete the negotiations by March 2006 and set up the facility in the second-quarter of this calendar year.

Last September, the company had informed the Centre that it was putting its plans for setting up the wafer testing facility on hold following the Centre’s reluctance to grant exclusive incentives.

http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu2&leftindx=2&lselect=1&chklogin=N&autono=212616

Why not the state govt readily give the land free for big companies like Intel, when the other states are giving free land and free power to attract them. AP has even gone to the extent of offering Rs 12,000 per person towards training requirements to Apache Footwear Ltd.

for the size of this investment, intel is eligible for free land under TN's IT policy. Thier expectation of unsecured load of 200 cr (~$55mill) from goi is a bit over the top when u compare it with other industries in genral. But when we look at it from a industry specific standpoint, do all semiconductor companies enjoy such incentives in other countries?

for the size of this investment, intel is eligible for free land under TN's IT policy. Thier expectation of unsecured load of 200 cr (~$55mill) from goi is a bit over the top when u compare it with other industries in genral. But when we look at it from a industry specific standpoint, do all semiconductor companies enjoy such incentives in other countries?

Will the Intel's hardware plant come under TN's IT policy.

Will the Intel's hardware plant come under TN's IT policy.

mmmm good question. the it policy does not specify it to be only be software. So I assume even computer hardware comes under it.

Also if Intel gets SEZ status, it should be eligible for all its sops other than the loan. intel does not meet the requirements of a sez.

Even otherwise i think tamil nadu gov will provide tailor made sops for intel like they way they did for nokia, flex and bmw.

mmmm good question. the it policy does not specify it to be only be software. So I assume even computer hardware comes under it.

Also if Intel gets SEZ status, it should be eligible for all its sops other than the loan.

Even otherwise i think tamil nadu gov will provide tailor made sops for intel like they way they did for nokia, flex and bmw.

When i was in TN, i heard some funny rumours that Marans family is going to co-invest in Intel & Microsoft and that was the reason why intel's chief Craig Barrett and microsoft's Bill Gates came to his house in Chennai. Actually they twisted this news (http://dnaindia.com/report.asp?NewsID=1001301&CatID=2)

But personally i think that there are chances for them to invest in SEMIndia chip plant. If thats the case then the plant will surely be set up in Chennai.

When i was in TN, i heard some funny rumours that Marans family is going to co-invest in Intel & Microsoft and that was the reason why intel's chief Craig Barrett and microsoft's Bill Gates came to his house in Chennai. Actually they twisted this news (http://dnaindia.com/report.asp?NewsID=1001301&CatID=2)



:) mmmm looks like a lot of IT masala talk in chennai.........

:) mmmm looks like a lot of IT masala talk in chennai.........

Not just Chennai, the whole state is talking.

for the size of this investment, intel is eligible for free land under TN's IT policy. Thier expectation of unsecured load of 200 cr (~$55mill) from goi is a bit over the top when u compare it with other industries in genral. But when we look at it from a industry specific standpoint, do all semiconductor companies enjoy such incentives in other countries?

Intel's plant comes under the purview of TN's IT policy. IT policy includes Hardware industries too (however a new policy specific to hardware is on the anvil). But there is no question of free land. They just get a 50% exemption on stamp duty and registration related to land purchase. Otherwise, there are no incentives in the policy.

Intel's plant comes under the purview of TN's IT policy. IT policy includes Hardware industries too (however a new policy specific to hardware is on the anvil). But there is no question of free land. They just get a 50% exemption on stamp duty and registration related to land purchase. Otherwise, there are no incentives in the policy.

Oh! So do SEZs get free land? Nokia & Flextronics got free land if i remember right....

Lason to add 1,600 jobs in India; employment there will rise to 8,200

The India-based subsidiary of Lason Inc. said Monday that it plans to add 1,600 jobs in India to support its growing business.

Troy-based Lason offers contracted business-processing services such as mail processing, document scanning, file conversion, microfilming, data capture and Web-based document and imaging services.

Ronald Risher, president and CEO of Lason, said Lason India already employs 6,600. The company also has moved into a new 56,000-square-foot building in Chennai, India, he said.

Risher said in a release that the investments in India are expected to help the company grow with existing customers and also into new markets such as health care and financial services.

Lason also said it plans to open three centers in North America in addition to the plans in India.

http://www.crainsdetroit.com/cgi-bin/news.pl?newsId=7780

Oh! So do SEZs get free land? Nokia & Flextronics got free land if i remember right....
No, SEZs don't get free land. SEZs are Central regulations and they can't impose such freebies on states. Did Nokia get land for free? I don't think so. But state governments on a case by case basis offer land for free to attract investment.

Siemens to digitise vital events records for UK

ABOUT 250 million birth, death and marriage records held by the Office of National Statistics (ONS), UK, are to be data captured out of Chennai. The city centre of Siemens Business Services (SBS) would help its parent to scan, digitise and index the records from the year 1837 to the present day, according to a company official.

The project is due to begin shortly and is likely to involve about 800 employees, Mr Naveen Mohan of Siemens BPO Services Pvt Ltd, said in an e-mail communication to Business Line. The three-year project called Digitisation of Vital Events is part of the strategy to modernise UK's civil registration. "The contract was won by SBS UK. We do not know the total value of the contract," he said

The ONS, the Government department that provides statistical and registration services, is a "historic" project for SBS. There will be no redundancies as a result of this work being done in Chennai. In fact, some 30 new jobs will be created in the UK.

According to Mr Mohan, Siemens has two facilities in Chennai - one in Valsaravakkam and the one in Ascendas Tidel Park. Chennai centre is part of Siemens BPO services, which is owned by Siemens India. Siemens BPO has offices in Chennai and Bangalore. It is a delivery centre for Siemens US and SBS UK.

Currently, about 400 people are working in Chennai for SBS - 150 people work for National Savings and Investments (NS&I) and the rest for other third party customers. The company is working successfully on the NSI project for more than one year now. "No UK jobs were lost as a result of the contract to transfer specific administrative tasks to Siemens in India. This work is an important part of the growth plans at NS&I," he said.

Link to complete news
http://www.thehindubusinessline.com/2006/01/25/stories/2006012501700400.htm




Ramco first in enterprise applications category: survey

Chennai: Ramco Systems, a global provider of enterprise solutions, has won the first place in the Enterprise Applications category as declared by the DQ - IDC India Dataquest Customer Satisfaction Audit for the year 2006.

Ramco was adjudged the leader in this segment for the superior reliability, performance, scalability and security of its products and for its state-of-the-art delivery and installation. Ramco Systems topped this segment for the second consecutive year, ranked ahead of key global players.

http://www.newkerala.com/news.php?action=fullnews&id=93709

Link to the news..... (http://www.hindu.com/2006/01/26/stories/2006012602001800.htm)
CHENNAI: Hexaware Technologies, an IT and BPO services provider, is coming up with a state-of-the-art software development campus at Siruseri on the outskirts of Chennai.

Addressing a press conference here on Wednesday, Atul Nishar, Chairman, Hexaware Technologies, who was here for the groundbreaking ceremony, said that the IT Park would be located in the SIPCOT land at Siruseri. Hexaware would be investing Rs. 350 crore on this project. The building would accommodate more than 11,000 software professionals. Mr. Nishar said it would be housed on 27 acres and would have a built-up area of 1.2 million sq ft. The campus would be built in three phases. The first phase, costing Rs. 100 crore, which was expected to be completed in 12-13 months, would cover a 4.5 lakh sq ft of built up area and would house over 3,000 employees. The remaining two phases would be completed within five years and would cover a built up area of 3.5 lakh sq ft each.

He said at present there were 1,300 employees working in Chennai. With the development of the campus, Hexaware would provide job opportunities for additional 9,000 people in the next five years. This project would be funded through internal accruals, he added.

Mr. Nishar said the campus would be built by a Singapore-based architectural firm, Architects Team 3.

Baby care centre


It would be a green building and would be in compliance with international environmental quality standards. The first phase would see the development of a dedicated customer care centre, two engineering blocks, special amenity blocks, an auditorium and a multipurpose sports field, shopping mall and multi-cuisine food court, ATMs and medical facilities.

Keeping in mind the comforts for the women staff, a special baby-care centre would be built. The campus would also have training blocks for Hexavarsity, which would be an in-house university for enabling mentoring, continuous learning, skill up gradation and new skill development in Hexaware. A guest accommodation with 50 suites would also be constructed within the campus.

WOW .. I mean WOOOWWW..

Amtex to set up facility in Siruseri

http://www.business-standard.com/bsonline/storypage.php?bKeyFlag=BO&autono=13424

US-based Amtex Systems Inc will set up a six lakh sq ft facility at the Information Technology Corridor at an investment of Rs 100 crore.

Amtex to set up facility in Siruseri

http://www.business-standard.com/bsonline/storypage.php?bKeyFlag=BO&autono=13424

US-based Amtex Systems Inc will set up a six lakh sq ft facility at the Information Technology Corridor at an investment of Rs 100 crore.



Anniyan,
This is an old news, which I remember posting in last November. Any way, it does'nt hurt re-posting it.

^^ Since it came in todays edition (January 26, 2006) i thought it was new one

double post

Anything cooking here for Chennai? Chennai had missed the boat earlier because of lack of space at Tidel park in 2000. Could we be second time lucky?
--------------------------------

GLOBAL IT major Dell Computers is looking to further its engagement with India and even thinking in terms of a manufacturing unit that would be based in a location that has both seaport and airport close by, sources in Davos told Business Line on Saturday.

According to the sources, the company was scouting for place around South India.


http://www.thehindubusinessline.com/2006/01/29/stories/2006012901860100.htm

Anything cooking here for Chennai? Chennai had missed the boat earlier because of lack of space at Tidel park in 2000. Could we be second time lucky?
--------------------------------

GLOBAL IT major Dell Computers is looking to further its engagement with India and even thinking in terms of a manufacturing unit that would be based in a location that has both seaport and airport close by, sources in Davos told Business Line on Saturday.

According to the sources, the company was scouting for place around South India.


http://www.thehindubusinessline.com/2006/01/29/stories/2006012901860100.htm

Hopefully, since DELL is looking for a location that has both seaport and airport close by.

http://news.bbc.co.uk/2/hi/business/4660244.stm
Bill Gates :'Your factory's supply chain is fully integrated, and stretches from Shenzhen and Chennai to Central Europe.'

http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_pesek&sid=acdQ2p_Fe8yc
In India-China Race My Money Is on India, For an indication why, check out downtown Chennai. The southern city of 4.2 million is India's fourth largest and, like Mumbai and New Delhi, it's experiencing a retailing boom.

Chennai's proliferating malls are abuzz with fashionably dressed 20-somethings showing off their growing affluence. They're sipping pricey espressos, buying Italian handbags and text-messaging each other on hyper-modern cellular phones. Upscale eateries are popping up everywhere, as are new apartment buildings.


:cheers:

Kanbay plans expansion in India, abroad

http://www.business-standard.com/common/storypage.php?chklogin=N&autono=213545&lselect=1&leftnm=lmnu9&leftindx=9

European group to set up avionics, software units in India

New Delhi: Thales, a leading European group dealing in avionics, civil and military equipment, Tuesday announced their plan to set up two units for software development and avionics maintenance and solution in India.

Thales country director (India) Francois Dupont said the company was working out the logistics to set up a software development plant in Chennai, under the banner of Thales International India Ltd, by June this year.

The electronics and systems group was also setting up an avionics service and maintenance unit in Delhi's satellite town Gurgaon, Dupont told reporters at the 4th Defexpo here.

The Gurgaon unit, being set up at an initial investment of three million euros, would look into the problems and requirements of Indian companies like Indigo, Jet, Kingfisher, Pawan Hans and others who have signed up with the firm.

"This would be operational by March," Dupont disclosed, adding that it would have 40 engineers to start off with.

Thales executive-vice president Jean-Paul Perrier said the plan was to recruit more than 1,000 people in the Chennai unit by the end of 2007.

"We have decided to choose Chennai considering the low attrition rate the city would provide," he added.

The company proposes to work in close association with the Indian Navy, which has acquired six Scorpene submarines from it. It has also crafted the ticketing system for the Delhi and Kolkata metros services.

"While we are looking forward to tie-ups with more companies, we would also like to work more closely with the Indian defence establishment," Perrier said.

"We hope the association with the navy does not just end with the six submarines," he added.

The company already has its presence in the Indian defence forces, supplying, radars, avionics, communication, cameras and other equipment to the air force, army and navy.

http://www.newkerala.com/news.php?action=fullnews&id=98409

Be nice if coimbatore gets this

Paramount Computer to set up India center

BANGALORE: Paramount Computer Systems, a U.A.E.-based information security firm, proposes to set up a development center in South India over the next three months.

Announcing the plan, Paramount Computer’s Managing Director, Harish Kunnath said, “We have started hiring people and might finalize the location soon. The short-listed locations include Coimbatore and Chennai.”

Recently the company has catered to the information security needs of large companies in the Gulf and has tie-ups with global security solutions vendors. Kunnath said, “In the security services space, we do the project management and quality assurance onsite on our own. Since maintaining consultancy resources onsite is a costly proposition, we sub-contract the projects to multiple Indian vendors like Sify among others.”

http://www.siliconindia.com/shownewsdata.asp?newsno=30842&newscat=Technology

Hi,
I am a new member to this forum.
I am pretty surprised to notice, why IBM (Daksh as well as IBM Global Services) does not have any presence in Chennai, they seem to be the biggest MNC employer in India.
Also GE capital services is not even considering Chennai for thier 5th center.
They hype around Hyderabad is mainly due to these companies along with Microsoft, Oracle. Glad to know that Accenture, HP has decent presence and Yahoo and Amazon starting a dev center in Chennai.
any thoughts?

Satyam Computer Services has announced setting up of an Automotive Centre for Excellence (ACE) to offer automotive industry specific solutions in the automotive capital of the world, Detroit, US.

The company is also looking at setting up three more such centres in Germany, Japan and in India (Chennai) over the next year or so and has chalked out a budget of $2 million, which will go into creating infrastructure, equipment and others for these four centres. Besides, it is also expected to spend about $5-7 million year-on-year as an ongoing investment for these centres, initially.

“With these four integrated facilities, we will be closer to where the action is,” Subu D Subramanian, director & senior vice-president (manufacturing and automotive businesses), said to reporters from Detroit through a video conference.

Built over 6000 sq ft area in central Detroit, a $600-billion business opportunity hub, ACE will initially house about 50 consultants and offer not just offshoring solutions but also other portfolio of services like system integration, design and development, consulting services by leveraging its onsite-offshore delivery model.

The company’s endeavour is to work as business partner at the global level, understand the opportunities and leverage the technology to provide solutions to enhance the business value of the stakeholders, he added.

Kenneth Taormina, senior vice-president (manufacturing), Satyam, said that ACE would hire 5-6 senior level vice-presidents with experience in automotive industry, discrete manufacturing, industrial equipment, and the process industry.

This team will be supported by another team, which will comprise solution architects with experience in industry in architecting, developing and consulting services.

Subramanian said the centre would also participate in leading research and development initiatives.

It would also forge tie-ups with industry technology providers, leading institutes like MIT in the US and CSIR in India for basic knowledge and trend to leverage the emerging innovation concepts.

Automotive practice currently accounts for 12 per cent of Satyam’s revenue. The company sees this share going up in the near future due to centre for excellence initiative and emerging opportunities from European and Japanese companies.

With over 2,500 professionals in the automotive vertical, Satyam provides IT solutions to 7 top global automotive OEMs and 4 of global top 10 automotive suppliers

Satyam is also launching digital manufacturing services which are aimed at offering tools and solutions that would help automotive manufacturers faster time to market products and reduce complexities and cost.

Digital manufacturing tools are a set of software applications that simulate the engineering operations so that designs, manufacturing operations and their associated planning can be checked and corrected virtually before any metal goes under the tools.

Digital manufacturing is expected to be the next wave in IT solutions for manufacturing with the industry size projected to be in multibillion dollar by 2009.

Hi,
I am a new member to this forum.
I am pretty surprised to notice, why IBM (Daksh as well as IBM Global Services) does not have any presence in Chennai, they seem to be the biggest MNC employer in India.
Also GE capital services is not even considering Chennai for thier 5th center.
They hype around Hyderabad is mainly due to these companies along with Microsoft, Oracle. Glad to know that Accenture, HP has decent presence and Yahoo and Amazon starting a dev center in Chennai.
any thoughts?
I think IBM GS has already started or is about to start operations in Chennai. I think we have posted it on ChennaIThread sometime ago.

http://i1.tinypic.com/nd944x.jpg

http://i1.tinypic.com/nd96xg.jpg

http://i1.tinypic.com/nd975e.jpg

http://i1.tinypic.com/nd97rb.jpghttp://i1.tinypic.com/nd97wx.jpg
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