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Chennai, also formerly known as Madras, is the capital of Tamil Nadu, India, and is one of the largest economic, cultural, and educational centers of India. The city together with the adjacent regions makes up the Chennai Metropolitan Area, which is one of the biggest urban areas by population in the world. Chennai is also among the most visited cities in India by foreigners. It was rated as the safest city in the whole of India and was named the ninth-best cosmopolitan city in the world.
Chennai has an excellent infrastructure and ongoing developments of the city. All this provides requirements for starting a business here. Besides Chennai is in the top cities in India with highest literacy rate which became a reason why in the last several years it has become one of the most popular destinations for IT companies such as Infosys, Wipro TCS, and Cognizant. It is quite evident that Chennai is the perfect combo of professional resources and talent foundation for business to succeed. Sometimes this area is also called Detroit of India because around 30% of India’s automobile industry is based here and include such companies as BMW, Ford, Nissan, and Hyundai. Furthermore, some of the giant pharmaceutical and chemical companies such as Pfizer and Dow have their offices here as well.
Chennai has an international airport, and the seaports here are among the busiest centers in India. The ports operate with automobile and industrial products shipments as well as minerals. There is also a complex road and railway system to link Chennai with other major cities in India. A bus system is also available for local commuters. A subway is under development to facilitate the evolving community.
Chennai plays an important role in the gold market in India and contribute to 45 percent of the annual national gold uptake and is also the base to the World Gold Council's India transactions.
It is predicted that by 2025 Chennai to grow to a $100 billion economy. Numerous projects are in the stage of active development right now, and many more planned for the nearest future.
Office space rent has been flexible to needs and requirements of the companies. If you are looking for an office space lease with less investment to start your business as quickly as possible, you should consider renting units in business centers of Chennai.
Chennai is a place of many museums, galleries, and other establishments, many of which have free admission. The city is also a home to the oldest Museum and Art Gallery in India - Government Museum and The National Art Gallery.
Several malls are scattered around Chennai, and the new ones are a work in progress thanks to city’s status of an IT hub. Among the major ones are Citi Centre, Express Avenue (EA), Forum Vijaya Mall Abirami mega mall, Phoenix Market City and Spencer Plaza. Zoo and wildlife parks form quite a large recreation area of the city and are at your disposal as well. Chennai has some beautiful beaches and a total coast length of almost 20 km. Marina Beach runs for 6 km and is the second longest urban beach in the world.