SEZ Corridor
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SEZ Corridor
The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road ( NH 45) in Chennai. Started with the establishment of the Madras Export Processing Zone in 1984 (converted to a SEZ in 2003), the SEZ corridor currently has 5 operational SEZs and over 10 approved projects in development. The GST Road is widely made use of for SEZ projects due to its connectivity with various means of transport by road, rail and air. This is evident by the presence of the Chennai International Airport, various railway stations parallel to the road, and also its connectivity to the complex road network of the National Highways Authority of India. SEZs A number of SEZ projects has emerged in this stretch, making it the SEZ corridor of Chennai. It includes MEPZ SEZ established in 1984, Mahindra World City, New Chennai, Shriram Properties's Gateway SEZ, Estancia SEZ and ETL Infrastructure. It is also emerging as a major IT SEZ region ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being ...
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Grand Southern Trunk Road
Grand Southern Trunk Road (or) National Highways 45 is an arterial road in Tamil Nadu. It is also known as Chennai–Trichy Highway. The Road starts from Kathipara Junction in St Thomas Mount, Chennai towards Tiruchirappalli. It branches out from Anna Salai (previously known as Mount Road). The Road runs through important localities like Meenambakkam, Pallavaram, Chrompet, Tambaram, Vandalur, Kilambakkam, Guduvanchery, Paranur, Chengalpattu, Madurantakam, Tindivanam, Villupuram, Vikravandi Ulundurpet and Perambalur. Major Junctions Chennai City # Mount-Poonamallee Road near Kathipara Junction. # Mount-Medavakkam High Road in St.Thomas Mount. # Pallavaram-Kundrathur-Poonamallee Road (Pammal Main Road) in Pallavaram. # Pallavaram-Thiruneermalai Road in Pallavaram. # Pallavaram-Thuraipakkam Radial Road in Pallavaram. # Chitlapakkam and Hasthinapuram Main Road near MIT Bridge Along GST Road. # Gandhi Road in Tambaram. # Velachery Main Road and Mudichur Road in Tambaram. # Ch ...
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National Highway (India)
The National highways in India are a network of trunk roads owned by the Ministry of Road Transport and Highways. National highways have flyover access or some controlled-access, where entrance and exit is through the side of the flyover, at each intersection of highways flyovers are provided to bypass the city/town/village traffic and these highways are designed for speed of 100 km/hr. Some national highways have interchanges in between but they don't have total controlled-access throughout the highways. It is constructed and managed by the Central Public Works Department (CPWD), the National Highways and Infrastructure Development Corporation Limited (NHIDCL), and the public works departments (PWD) of state governments. Currently, the longest National Highway in India is National Highway 44 at 4,112 km (2,555 mi). The National Highways Authority of India (NHAI) and the National Highways and Infrastructure Development Corporation Limited (NHIDCL) are the nodal agencies r ...
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Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian census, Chennai is the sixth-most populous city in the country and forms the fourth-most populous urban agglomeration. The Greater Chennai Corporation is the civic body responsible for the city; it is the oldest city corporation of India, established in 1688—the second oldest in the world after London. The city of Chennai is coterminous with Chennai district, which together with the adjoining suburbs constitutes the Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies of India. The traditional and de facto gateway of South India, Chennai is among the most-visited Indian cities by foreign tourists. It was ranked the ...
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Madras Export Processing Zone
Madras Export Processing Zone (MEPZ) is a special economic zone in Chennai, India. It is one of the seven export processing zones in the country set up by the central government. It was established in 1984 to promote foreign direct investment, enhance foreign exchange earnings, and create greater employment opportunities in the region. Location The MEPZ is located on GST Road in Tambaram, Chennai. It is located 6 km south of Chennai International Airport. History The MEPZ was started in 1984 as an initiative of the Ministry of Commerce and Industry with an investment of 6716.7 million. On 1 January 2003, the zone was converted into a special economic zone (SEZ) with an added objective of facilitating exports through reduction of transaction costs. To facilitate this, the Ministry of Commerce and Industries introduced special features such as offshore banking units and container freight stations to be set up within the zone, in addition to liberalised customs procedures. ...
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Chennai International Airport
Chennai International Airport is an international airport serving the city of Chennai, Tamil Nadu and its metropolitan area. It is located in Tirusulam, southwest of the city centre. Chennai International Airport is the sixth busiest airport in India and third busiest airport for international traffic in India. It was also 49th busiest airport in Asia in 2018 making it one of the four major airports in India under the top 50 list of 2018. In financial year 2021, the airport handled 9.53 million passengers. The airport is served by the airport metro station of the Chennai Metro and the Tirusulam railway station of the Chennai Suburban Railway system. To cope with the passenger traffic, two new terminals, including one satellite terminal, are under construction to handle 40 million passengers per year. Once completed, it will be India's first airport to have a satellite terminal. The new satellite terminal will be connected through a four way underground walkalator for pas ...
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National Highways Authority Of India
The National Highways Authority of India or NHAI (Hindi: भारतीय राष्ट्रीय राजमार्ग प्राधिकरण) is an autonomous agency of the Government of India, set up in 1995 (Act 1988) and is responsible for management of a network of over 50,000 km of National Highways out of 1,32,499 km in India. It is a nodal agency of the Ministry of Road Transport and Highways. NHAI has signed a memorandum of understanding (MoU) with the Indian Space Research Organisation for satellite mapping of highways. Alka Upadhyaya is currently the chairperson of NHAI since December 2021. She is an IAS officer of Madhya Pradesh cadre and 1990 batch. It is the first law making institution which made as digital. History The NHAI was created through the promulgation of the ''National Highways Authority of India Act, 1988''. Section 16(1) of the Act states that the function of NHAI is to develop, maintain and manage the national highways and ...
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Mahindra World City, New Chennai
Mahindra World City, Chengalpattu, Tamil Nadu, is India's first integrated business city. It is a public–private partnership promoted by the Mahindra Group and TIDCO. It is situated near Maraimalai Nagar a southern suburb of Chennai. The city is a part of the Chennai Metropolitan Area. Etymology Mahindra World City is located outside Chennai city and was inaugurated on 21 September 2002 by the then Chief Minister of Tamil Nadu J. Jayalalitha. Built on the model of sustainable urbanisation Mahindra World City grew from a bed of business, infrastructure and sustainable practices before evolving into a completely integrated city within a decade of its inauguration. Geography Situated on the NH 45, Mahindra World City is located 50 km from Chennai city. It is one of the largest integrated business cities on the Golden Quadrilateral spread over 1,500 acres (6.1 km2). It is surrounded by rolling hills and a reserve forest. Several engineering colleges, educational and technica ...
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Chengalpattu
Chengalpattu, previously known as Chingleput, is a city and the headquarters of Chengalpattu district of the state Tamil Nadu, India. The town is located near to the industrial and IT hub. It is the headquarters of the district and is away from the state capital, Chennai on the National Highway 45. It is an important commercial center. It has a medical college and other colleges affiliated with the University of Madras. In 2011, the town had a population of 62,579. Etymology The city is believed to have been named after a lily called 'chenkazhuneer poo' (செங்கழுநீர் பூ) which is found aplenty in the region. It is near the banks of Palar River about 56 km southwest of Chennai city (Madras) and thus Chengapattu is called the "Gateway of Chennai". History Chengalpattu dates from the early Chola dynasty of the 2nd century BCE. Chengalpattu was formerly a capital of the kings of Vijayanagara, after their defeat by the Deccan sultanates at Bat ...
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Rajiv Gandhi Salai
State Highway 49A (SH-49A) also known as Rajiv Gandhi Salai and Rajiv Gandhi IT Expressway or just IT Expressway is a major road connecting Chennai, Tamil Nadu with Mahabalipuram in Chengalpattu district, Tamil Nadu. It is 45 km long and was earlier known as the Old Mahabalipuram Road (OMR). The road starts from Madhya Kailash Temple on Sardar Patel Road in South-East Chennai and terminates on East Coast Road near Mahabalipuram. The prestigious TIDEL Park, home to a number of BPO and IT/ITES companies and many other major IT/ITES Companies in the country are situated along the Rajiv Gandhi Salai. Prominent technical and educational Institutions, national research laboratories are also located along the Corridor. Besides, State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) has developed a Cyber City, spread over 2000 acres in Siruseri, abutting the IT Corridor. Many IT/ITES Companies have set up their facilities in the Cyber City. Based on development ...
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Automotive Corridor
Chennai is nicknamed the "Detroit of Asia" due to the presence of major automobile manufacturing units and allied industries around the city. The 4-wheeler vehicles in Chennai is the base of 30% of India's automobile industry and 35% of its automobile component industry. Besides the commercial industry, the Heavy Vehicles Factory (HVF) has been established in Avadi to produce military related vehicles. Avadi also boasts of the Combat Vehicles Research and Development Establishment (CVRDE), a new engine testing facilities. Automotive manufacturers Tyre manufacturers Auto-components manufacturers Auto component companies have their manufacturing plants in and around Chennai include * Avalon Technologies * Ashley Alteams * Bavina Industries * Bharat Forge * BorgWarner * Brakes India * Brembo * Caterpillar * Delphi-TVS Diesel Systems, Ennore Foundries * Faurecia * Federal-Mogul * Design Edge Technologies * Hidromas * India Pistons * Iochpe Maxion * JKM Daerim * Hella * ...
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Electronics Corridor
EMS Corridor is an emerging Electronics Manufacturing Services (EMS) corridor in Chennai. It stretches from Sriperumbudur to Oragadam to the west of Chennai. The corridor boasts of capital investment by EMS companies of about , which is half of the EMS business in India. EMS hub of India The corridor is emerging as an EMS hub of India. Many companies like Dell, Nokia, Nokia Siemens Network, Motorola, Cisco, Samsung, Siemens, Sony-Ericsson, Flextronics, Foxconn, Alcatel, Texas Instruments, Laird plc, Salcomp, ProWorks, Perlos(LOM), Power Wave Tech, Jabil Green and Sanmina-SCI have set up their plants in this corridor with an investment of approximately $1 billion. See also * EMS Industry in Chennai * Rajiv Gandhi Salai * Automotive Corridor * SEZ Corridor The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road ( NH 45) in Chennai. Started with the establishment of the Madras Export Processing Z ...
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