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Chennai is IT
cos favourite destination, says Nasscom
KP Senthil Kumar
CHENNAI
INFORMATION technology (IT) companies prefer Chennai over any other
city in the country, according to a recent survey by the National Association of Software
and Service Companies (Nasscom).
The basic advantage for the companies based in Chennai are low cost of living, less
commuting time, availability of housing units in plenty at affordable costs and excellent
education facilities for children.
Chennai scored an overall rating of 3.2 against a maximum possible 3.5. The factors in
favour of Chennai include availability of software professionals, data communication and
training facilities, international and domestic airports, besides the competitive cost of
setting up software units and the city's proximity to the market. Tamil Nadu is
traditionally known as a base for education.
It has several institutes like Anna University, Bharathiyar University, Bharathidasan
University, Regional Engineering College, Trichy, and IIT. Today, Tamil Nadu is one of the
top three states which produces a large number of engineers and computer professionals.
The state accounts for 51 per cent of the total number of students in the country
graduating in the disciplines of electronics and computer science annually. Also, many
foreign companies prefer IT professionals from Tamil Nadu as they are English-speaking.
In terms of entertainment also the city has much to boast about. It has the second longest
beach in the world, amusement parks, evening clubs, golf clubs, a race course, bowling
centres, billiards centres, shopping (several retail chains) and restaurants.
``We primarily set up our base here to handle our first client, Citibank, which is based
in Chennai. The city also provides a congenial work environment in terms of expanded
resources, intelligent man- power and facilities offered by software technology parks,''
says Rajiv Malhotra, vice-president corporate planning and corporate communications,
Polaris Software Lab Ltd.
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