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Friday, September 17, 2010

Chennai's Hot...

The growth of Chennai that I observed during my stay there in Spring was awe-inspiring. The number of domestic and multi-national firms and the engineering/R&D work being done was impressive. Having excellent technical centers like the IIT and Guindy College of Engineering is a tremendous asset.

Companies zoom in on Chennai for R&D, design centres - The Economic Times: "CHENNAI: Chennai is fast emerging a hub in engineering design, R &D and product development for a number of global players. Companies across sectors- automobile, telecom, infrastructure, wind energy have set up their centres in the city encouraged by the good eco-system, talent pool and growing number of original equipment manufacturers ( OEMs).

Big companies which have their engineering design, R & D and product development centres include: Visteon, Caterpillar, Mahindra & Mahindra, Nissan-Renault, Ashok Leyland, Defiance Technologies ( both part of Hinduja group ), Vestas, Kone, FLSmidth, Nokia, Ericsson, Flextronics, Alcatel, Tessolve, Sanmina-SCI corporation etc.,

Top official sources told ET , M& M recently established a “ Research Valley” on 145 acres at Maraimalai Nagar to undertake design, prototype development and testing of new vehicle models. The Asia’s largest facility built on 8 lakh sq feet has come in a shot in the arm for the government to project Chennai as a major engineering design hub. The valley is part of the Rs 1800 crore greenfield investment chalked out near Chennai by the tractor and multi utility major."

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