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Developments

In recent years, along with Bangalore and Hyderabad, the city has emerged as an important hub of software development in India. This has been given a further boost by the construction of Tidel Park, an IT complex, by the Tamil Nadu government. The latest is the Mahindra Tech City near the outskirts of the City with all major IT firms having a development center in it. Some Major IT firms located in Chennai include:
AdventNet (http://www.adventnet.com/)
Hewlett Packard
American Megatrends (http://www.amiindia.co.in)
Infosys
Satyam
IBM
TCS
Caritor
HCL
Polaris
Covansys
Cognizant
Wipro
Saksoft
Thinksoft
dotCue (http://www.dotcue.com/)
Akmin Technologies (http://www.akmin.com/)
World Bank

The city is now called the Detroit of India due to its automobile industry producing over 40% of the country's auto parts and vehicles. Some major Auto giants in chennai include:
Ford
Hyundai
Daewoo/GM/Opel
Honda
Ashok Leyland
MRF
TVS They make up this growing list of auto giants choosing Chennai. Also, almost 90% of the auto spare parts business is based here - especially around the Ambattur-Padi industrial estate.
In the last 30 years, Chennai has also been the choice destination for education with over 200 colleges providing education in the Arts, Sciences, Commerce, Engineering and Management. Chennai is a haven for students, studying outside their homes. Cost of living is tolerably low for a metro and the cocktail of educational courses available is second to none in India.

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