page_title: Economy of Chennai
section_title: Software and Software Services
hierarchical_section_title: Economy of Chennai / Software and Software Services
caption_attribution_description: English: Zoho Headquarters in Chennai
context_page_description: Chennai, the capital city of the state of Tamil Nadu, India, is the largest industrial and commercial center of South India. Recent estimates of the economy of the Chennai Metropolitan Area have ranged from US$79 to US$86 billion, ranking it from fourth to sixth most productive metro area of India,
  and the third highest by GDP per capita. The metropolitan area doesn't include the nearby industrial zones of Sholinganallur, Siruseri, Oragadam and Sriperumbudur, due to which these regions' economy doesn't get included in the total economy of Chennai. If these regions are included, the economy of chennai would be somewhere around $167 billion to $210 billion.
  Chennai has an economic base anchored by the automobile, software services, medical tourism, hardware manufacturing and financial services. Other important industries include petrochemicals, textiles and apparels. The Chennai Port and Ennore Port contribute greatly to its importance. The city had a fully computerised stock exchange called the Madras Stock Exchange.
  https://www.thehindu.com/migration_catalog/article11053819.ece/ALTERNATES/LANDSCAPE_1200/VBK-PP_LEAD
context_section_description: Since the late 1990s, software development and business process outsourcing and more recently electronics manufacturing have emerged as major drivers of the city's economic growth. Chennai has been rated as the most attractive Indian city for offshoring services according to A T Kearney's Indian City Services Attractiveness Index 2005. Major software and software services companies including Altran, Accenture, Cognizant, Capgemini, DXC Technology, SAP SE, Oracle Corporation, Cisco Systems, HCL Technologies, Hewlett Packard Enterprise, IBM, CGI Inc., Infosys, Sopra Steria, Symantec, Tata Consultancy Services, Verizon, Wipro, Virtusa, UST Global, Atos, Dassault Systèmes, Fujitsu, NTT DATA, LTI, Honeywell, VMware, Intel, Amazon.com, Inc., Tech Mahindra, Fiserv, Adobe Systems, AT&T, Philips, AstraZeneca, Wolters Kluwer, TransUnion, Ernst & Young, L&T Technology Services, Mindtree, Shell Business Operations, athenahealth, Ford Global Technology & Business Center, BORN, Ramco Systems, Deloitte, Microsoft, Temenos, Synechron, KPMG, PayPal have development centres in the city. The city is now the second largest exporter of IT and IT enabled Services in the country behind Bangalore. The IT Corridor, on Old Mahabalipuram Road in the southeast of the city houses several technology parks, and, when completed, will provide employment to close to 300,000 people. Besides the existing Tidel Park, two more Tidel Parks are on the anvil in the IT corridor. One is under construction at the Siruseri IT Special Economic Zone ("SEZ") and the other one is being planned at the current location of MGR Film City which is just before the existing Tidel Park, in Taramani on the IT Corridor. A number of SEZ have emerged in and around Chennai. The Mahindra World City, New Chennai, a Special Economic Zone (SEZ) with one of the world's largest high technology business zones, is currently under construction in the outskirts of Chennai. It also includes the World's largest IT Park by Infosys.
caption: Zoho Headquarters in Chennai
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