Blue Streak

Sunday, February 12, 2006

Chennai as a manufacturing hub

From the Washington Post:

"This new wave is not about Gap T-shirts or Dell laptops, the poster children for the light industries that already have global supply chains. And it is not about software and/or call centers, the industries for which India is famous. Instead, this new globalization is about heavier manufacturing, particularly cars. Detroit's panicking firms know it."

Chennai's already got Hyundai and Ford. BMW will soon be here. And it seems that VW and GM are interested too.

Mentions: TVS, Rane, Sundaram Fasteners. Jayalalithaa, SEZs, Quality awards our companies are bagging.

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