Chennai Projects Update thread - II

[senty]

Originally Posted by nsantha2

The so-called "weaknesses" of Chennai seem like complete BS. Perhaps the one about weather is valid. However, as IT employees are mostly in an air-conditioned environment at the office, even this reason seems flimsy. The challenges that Hyderabad faces, according to the article, seem more likely to prove to be deterrents to its growth than the ones it lists as drawbacks for Chennai.

I think the author added those points as weakness of Chennai for the sake of adding some points. But going by the conversation with my friends from other parts of India, one possible weakness is attracting talent from all over India. The non-tamilians[read as northies] face problems in language, food and the weather['hot, hotter, hottest' is the logo for chennai! ] and they try to opt of chennai at the first chance. But high availability of skilled resources in TN and AP who are willing to work in Chennai actually balances the weakness.

One more thing is I was really surprised that TN is aiming for 30-32000 crores of IT exports in FY08 whereas AP's aiming for some 25000 crores. Ppl were discussing recently in the forums about the approximate duration for AP to overtake TN in terms of IT exports. But the gap interms of IT exports is widening rather than diminishing. Gr8 going Chennai!

[ranga]

Originally Posted by prakstar

From the article sent by SENTY, we can see the competitiveness between the cities.

and am tired of this Chennai being conservative stuff - We need clarity, define conservative?

The weather - If this is a detering factor then Places like Dubai, singapore, Malaysia have almost similar weather to Chennai (dubai is even warmer than chennai) why do people go their and set up their wares!!!!

I guess these are soft targets for Chennai Bashers who make these things in to a mountain.

Hyderabad is unbearable in summer what with dry and sapping heat.Except for the months of november, december and january the other months are as bad as in chennai.Now a days you see people in Hyderabad sweating profusely despite low humidity leading to dehydration and sunstrokes.It has become fashionable to condemn and detest chennai's weather as though other parts of india are cool and comfortable.The English people coming from a much cooler place lived for more than 200 years in chennai and they enjoyed their stay and ruled these parts while our other indian brothers and sisters describe this place in a manner as though they live in switzerland or any such places.I know people in Bangaluru develop breathing problems.For asthmatic patients Bangaluru is hell.

[ranga]

Originally Posted by Sunny78

I think you must be staying outside Chennai!!
Weather in Chennai is hell for the past one month! It is such a pain to stay inside my house during weekends. Thank god my office is airconditioned!

BTW, I've been in Singapore for a few years, climate there is far far better than worst summer months of Chennai.

Man, come and experience summer in Hyderabad what with peak temperature hovering around 43 degree C and the power cuts adding to the discomfort.One could do nothing from April to May end even inside office what with erratic power supply.

[Sunny78]

Originally Posted by senty

I think the author added those points as weakness of Chennai for the sake of adding some points. But going by the conversation with my friends from other parts of India, one possible weakness is attracting talent from all over India. The non-tamilians[read as northies] face problems in language, food and the weather['hot, hotter, hottest' is the logo for chennai! ] and they try to opt of chennai at the first chance. But high availability of skilled resources in TN and AP who are willing to work in Chennai actually balances the weakness.

One more thing is I was really surprised that TN is aiming for 30-32000 crores of IT exports in FY08 whereas AP's aiming for some 25000 crores. Ppl were discussing recently in the forums about the approximate duration for AP to overtake TN in terms of IT exports. But the gap interms of IT exports is widening rather than diminishing. Gr8 going Chennai!

I think, we will never have talent cruch as long as people from AP and KL feel comfortable working in Chennai. They also seamlessly merge with our culture and don't stick out like a sore thumb.

I feel it is safe that Northies continue to avoid Chennai, coz they have this strange habit of speaking low about south india, our language, movies and our girls . They have totally destroyed nativity in bangalore IMHO. They don't even attempt to learn the local language.

[ranga]

Originally Posted by Sunny78

I think, we will never have talent cruch as long as people from AP and KL feel comfortable working in Chennai. They also seamlessly merge with our culture and don't stick out like a sore thumb.

I feel it is safe that Northies continue to avoid Chennai, coz they have this strange habit of speaking low about south india, our language, movies and our girls . They have totally destroyed nativity in bangalore IMHO. They don't even attempt to learn the local language.

Bangaloreans are fuming and fettering at the state of their city.The local kannadigas may be detesting the tamils living there but are also impotently angry over domination by the northies.Bangalore is now categorized along with
Delhi and Mumbai for all important events etc etc owing to the larger presence of people from the North.

[svel]

Originally Posted by Sunny78

I think, we will never have talent cruch as long as people from AP and KL feel comfortable working in Chennai. They also seamlessly merge with our culture and don't stick out like a sore thumb.

I feel it is safe that Northies continue to avoid Chennai, coz they have this strange habit of speaking low about south india, our language, movies and our girls . They have totally destroyed nativity in bangalore IMHO. They don't even attempt to learn the local language.

Exactly my point also. It is no problem if Northies hate Chennai as there are enough number of people from AP, Kerala to fill the slots in addition to natives. I think small % of Kannadigas are also OK for Chennai.

[vs007]

Guys,

Shall we take this Chennai heat/conservative discussion to Chennai Discussions or Chaibar.
Lets keep this thread for its original intent.

Thanks for your cooperation.

[cure]

Originally Posted by svel

Exactly my point also. It is no problem if Northies hate Chennai as there are enough number of people from AP, Kerala to fill the slots in addition to natives. I think small % of Kannadigas are also OK for Chennai.

I dont now why is there so much fuss over northies hating chennai just bcoz few of them crib on public forums...many non southies esp bongs, gujjus and madu's simply love chennai...in fact while my tam friends have all moved out of chennai. my non-southie friends are still in chennai and do not want to move away..presently I see lot of northies work in chennai, which supports the fact that chennai is not hated by ppl....yes language is definitely the biggest issue which may deter ppl from moving here, but chennai is now more cosmopolitan than what it was few years back...
request you guys to put an end to this debate as this would start another northies vs tam debate, which in reality is a non-issue.

[satish]

Originally Posted by Sunny78

Even in Nagpur, which is much hotter than Chennai, you'll not have pool of sweat in areas beyond reach of fan
And the breeze from fan is no better, just gust of warm air!
So, it is choice between warm air and sweat. Just imagine how people from other states must be suffering, when even hardcore chennaiites find kathiri hard!!

Weather at 11:30 PM IST 5th June (from Yahoo):
City Temperature(c) Humidity(%) Feels like (c)
Chennai 29 74 33
Nagpur 37 44 37
Delhi 37 35 40
Mumbai 30 74 36
Kolkatta 30 79 37
Hyderabad31 49 32

Feels like column is a good indication of how hot a human body feels. As you can see Chennai is one of the cooler places. All of India is hot during summer. Bangalore is the only exception among bigger cities. Hyderabad is surprisingly cooler tonight. Normally Hyderabad is as hot as Delhi.

[jyas]

Chennai June 5 Singapore Airlines on Tuesday announced its 50th service to India, with the launch of its eighth weekly flight to Chennai. The new service will operate on Sundays, beginning June 24.

Singapore Airlines will be using the Boeing-777-200 aircraft with a two-class configuration — 30 business and 293 economy class seats — for this service, offering more connection options to several cities in the carrier's global network.

Meanwhile, industry sources expect that Singapore-based Tiger Airways, which secured a licence on Monday to fly to six Indian destinations, would start off from Chennai.



http://www.thehindubusinessline.com/...0604661000.htm

[Info]

More news on the Hiranandani Palace Gardens on the Hindu today

http://www.hindu.com/2007/06/06/stor...0615650500.htm

Opinions on this from the expert members please!

[MaduraiSelvam]

Chennai Egmore Station- Make over

I know Madurai Railway Station has marbled floor inside but not the platforms, but Chennai seems get Marbled platforms.



www.dinakaran.com

[surabhi]

Originally Posted by Info

More news on the Hiranandani Palace Gardens on the Hindu today

http://www.hindu.com/2007/06/06/stor...0615650500.htm

Opinions on this from the expert members please!

The EOW's locus was not accepted even when the case was contested in High Court. Now filing an appeal, belatedly, may not even be maintainable. Let us see, what happens.

But, Hiranandani has already sold about 33% of the project in pre-launch offer.

[jyas]

Chennai June 6 A public notice calling for bidders interested in long-term lease of over 3.60 lakh sq ft at one of Chennai's most sought after neighbourhoods has sparked interest among real estate developers.

Going by the name of Ben's Garden, the property on Boat Club Road and Chamiers Road, which measures 150 grounds, is owned by the Sir John D'Monte Trust, a public charitable trust.

The Archbishop of Madras Mylapore, the trustee, has called for bids for 66-year lease of the property for commercial purposes.

This is the single largest chunk of land coming up for development in the area in recent times.

The bid is open up to July 31, 2007.

http://www.thehindubusinessline.com/...0704211000.htm

[kvijayasundaram]

http://www.thehindubusinessline.com/...0701672100.htm

Chennai June 6 The Chennai-based Mudhra Group of companies is all set to inaugurate a fine blanking facility on June 7 at the SIPCOT Industrial Park at Irungattukottai, near Chennai.

The facility, called Mudhra Fine Blanc (MFB), marks the group's foray into the area of fine blanking, a high-tech metal forming process with applications in the automotive and light engineering industries.

Phase I of the facility has been set up at a cost of Rs 18 crore.

Feintool Technologie AG of Switzerland is working closely with Mudhra in this venture by way of technology support, according to Mr Surojit Mukherjee, Managing Director of MFB.

Feintool provides total solutions including presses, tools, consulting and training support, he added.

[satsukhoi]

--------------------------------------------------------------------------------

Two acres of land allotted by SIPCOT
U.S.-based private equity fund invests Rs. 17 crore
--------------------------------------------------------------------------------


CHENNAI: Zylog Systems, a software solutions provider, is investing Rs. 66 crore to establish two offshore development centres — one at Sholinganallur and another at Siruseri — in Chennai as part of its focus on increasing its offshore business.

Sudarshan Venkataraman, Chairman and Chief Executive Officer (CEO), Zylog Systems, told The Hindu that the company had started the construction of the 80,000 sq. ft. offshore development centre in Sholinganallur.

This centre, which will be ready in three months, would accommodate about 800 software professionals.

The other 1.25-lakh sq. ft. centre at the Siruseri IT Park would be ready in 12-14 months, the investment being Rs. 44 crore. The company had been allotted two acres by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) and this facility would accommodate about 1,300-1,400 people.

Mr. Sudarshan said UTI Ventures had invested Rs. 27 crore (around 8 per cent of the equity capital of the company). Besides, the U.S.-based private equity fund Argonaut had invested around Rs. 16.90 crore (around 5 per cent of the equity capital) in Zylog. He said both these venture funds made these investments in March at a price of Rs. 270 per share.

To tap market


To part finance the expansion plans, Zylog plans to mobilise Rs. 100 crore through an initial public issue through the book-building route. The company has filed a red herring draft prospectus with the Securities and Exchange Board of India in this regard, he said.

http://www.thehindu.com/2007/06/07/s...0704541800.htm

[satsukhoi]

Hi Guys,

At last the exact location of the greenfield airport has been announced by the Kancheepuram collector. It land aquisition will be at Vadamangalam town near Sriperumbudur and it will start as soon as the land aquisition at the present airport is done.

http://epaper.dinamalar.com/Web/Arti...07_015_011.jpg

[MaduraiSelvam]

Nike production unit come at Chennai with an investment of 300crore. The location is Cheyaru near Kacheepuram.

www.dinakaran.com

[MaduraiSelvam]

U.S. Consulate officials visit Chennai port

Staff Reporter




CHENNAI: A team of officials from the U.S. Consulate, led by Consul-General David T. Hopper, visited the Chennai port on Wednesday. Chairman of the Chennai Port Trust K. Suresh made a presentation on the business development plan of the port, prepared by an international consultant. The Chennai port had signed a 30-year license pact with a private company for developing a second container terminal at its East quay and South quay III berths.

http://www.hindu.com/2007/06/07/stor...0716470400.htm

[satsukhoi]

Chennai June 7, 2007

J Matadee Eco Parks Private Ltd, the special purpose vehicle managing the upcoming free trade warehousing zone (FTWZ) at Sriperumbudur near Chennai, is all set to wrap up a total investment of $400 million as part of required funding for the mammoth project.

Sunil Rallan, managing director of J Matadee Eco Parks Private Ltd, the project promoter, told the Business Standard that his company has roped in two US and Singapore-based investors to bring in a strategic investment of $300 million into the project. A memorandum of understanding will be entered into with the respective parties in the last week of June, Rallan said.

J Matadee Eco Parks has so far rounded up funds of $100 million through a equity tie-up with a Singapore-based firm. The total project cost of the FTWZ is expected to touch $500 million over the next five years, Rallan said.

The Union Ministry of Commerce had in November last year accorded clearance for the 250-acre FTWZ at the manufacturing hub of Sriperumbudur, 45 km from Chennai. The Union Ministry of Commerce embargo had delayed project commencement into the middle of 2007, Rallan said, adding that 230 acres of contiguous land has been assembled so far for the project.

http://www.business-standard.com/bso...N&autono=24098