Thursday, September 28, 2006

Chennai moves into fast lane

Several companies ranging from Dell and to Nokia have opted for Chennai as their manufacturing base. The reasons for their preference to set up manufacturing base are:

The region’s physical infrastructure, availability of skilled workforce and overall business environment. This coupled with the growing domestic market and global players’ quest for low-cost sourcing hubs have made Chennai one of the natural destinations for electronics manufacturing. For smaller companies, part of Chennai’s attraction is in the investments announced by large players like Nokia and Dell. Chennai and Ennore ports make exports and imports convenient. Air connectivity also is very good with 250 domestic passenger flights and 28 cargo flights. Stable power and friendly government policies, access to healthcare and education and low cost of living are other advantages.