Sunday, August 01, 2010

Is Chennai, New Detroit ?

The chennai with 5 million people booming as international car makers ( Ford Motor Co., Hyundai Motor Co, Nissan Motor Co., Renault SA, Daimler AG and BMW AG ) and suppliers have set up shop.

They are spending billions of dollars to make Chennai one of the world's biggest hubs of small cars for export as well as for increasingly affluent Indians. Soon, the city will turn out close to 1.5 million vehicles a year, more than any one U.S. state made last year.

Read more WSJ

1 comments:

- இரவீ - said...

Chennai growing in balanced manner i.e diversified sectoral investments... for sure this will bring good growth and future for the people around, however getting biggest trouble due to its poor infrastructure development. Hope for the best.

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