Chennai - fastest growing city in India

Chennai. Oct. 15: Chennai figures in a list of the world’s fastest-growing cities in the latest issue of Forbes magazine. Only two other Indian cities, Ahmedabad and Bengaluru, are in this elite group. Chennai’s claim to fame stems from impressive business and industrial growth that has generated 100,000 jobs so far this year, which Forbes notes is “more than any other Indian city outside of the much larger Delhi and Mumbai”. Projected to reach a population of ten million by 2025 (presently about seven million), Chennai’s metropolitan area “is taking full advantage of India’s soaring industrial sector, particularly the booming automobile sector,” says Forbes, listing out some of the big names that have the Tamil capital their second home — Dell, Nokia, Motorola, Samsung, Siemens, Sony and Foxconn. Thanks to blockbusters rolling out every now and then, Forbes acknowledges Chennai’s Kollywood as the second largest entertainment hub in India, next to Mumbai. Also there are huge investments happening in the IT sectors.