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Software
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Chennai is the Second leading Software exporter in India , next to Bangalore.India's largest IT park is housed at Chennai.Software exports from Tamil Nadu rose from Rs. 7,600 crore in 2003-04 to Rs. 11,000 in 2004-05. So far this year, they stood at Rs. 10,700 crores. Chennai is a hub for e-publishing, as there are 47 e-publishing units registered with the STPI in Chennai and 25 in Bangalore. Companies such as Cognizant, Covansys, Ford Information Technology, Xansa, Verizon, iSoft and many others have all opened offices in Chennai. Infosys Technologies has set up India's largest software development centre to house 25,000 software professionals at an estimated investment of Rs 1,250 crore (Rs 12.50 billion) in Chennai. India's largest IT park is housed at Chennai, jointly made by Ascendas India Ltd, a Singapore-based company engaged in providing business space solutions, and Tamil Nadu Industrial Development Corporation (TIDCO).
Businees Process Outsourcing Services
Chennai is now emerging as the most preferred destination for high-end BPOs
in financial services, healthcare and other back-office services for multinational
companies. Companies like Congruent Solutions (back-end services for California-based
retirement funds), Secova eServices (HR service provider for US clients), Lason
India (data processing for healthcare and financial services clients in the
US) and OfficeTiger (outsourcing of creative works) have set up centres here
to take advantage of Chennai's "quality talent pool and infrastructure".
Stanchart, eServe (Citibank), ABN-AMRO and World Bank have also chosen the city
for their back-office functions
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