Sriperumbudur is a town & taluk in Kanchipuram district, located 40 kilometers southwest of Chennai. A fast-emerging neighborhood of Chennai which is now a part of the new CMDA limit covering all areas up to Kanchipuram which lies about 75 km west of Chennai.
Sriperumbudur has been a growing industrial cluster and has undergone significant development in the last few years. One of the major factors contributing to its growth is its strategic location on National Highway 4 which is also called the (Chennai – Bengaluru Highway) near Chennai, which is one of India’s major metropolitan cities and a hub for various industries. The various MNCs that have made Sriperumbudur its home can be broadly divided into the following sectors –
1. Automobile Industry:
Sriperumbudur is often referred to as the Detroit of India due to its concentration of automobile manufacturing units. Most automotive companies have established their manufacturing plants in this region. The presence of these companies has not only created numerous job opportunities but has also attracted a network of ancillary industries supporting the automotive sector.
2. Electronics and IT:
Apart from the automobile industry, Sriperumbudur has also witnessed significant growth in the electronics and IT sectors. Several multinational companies have set up their manufacturing units and offices in the Sriperumbudur area. This has contributed to the region’s reputation as a major electronics manufacturing hub in India.
3. Infrastructure:
The development of industrial infrastructure such as industrial parks, special economic zones (SEZs), and reliable transportation networks has further boosted the industrial growth in Sriperumbudur. The availability of land at competitive rates, coupled with favorable government policies, has attracted both domestic and foreign investments.
4. Employment Generation:
The industrial development in Sriperumbudur has led to a significant increase in employment opportunities in the region. Thousands of skilled and unskilled workers are employed in various manufacturing units, contributing to the economic upliftment of the local population.
5. Contribution to Economy:
Sriperumbudur’s industrial activities play a crucial role in the economic development of Tamil Nadu as well as the entire country. The manufacturing output from this region contributes significantly to India’s GDP. Additionally, the presence of a thriving industrial ecosystem has led to the development of supporting industries such as logistics, warehousing, and services, further enhancing the region’s economic significance.
This industrial hub is increasing by leaps and bounds not only because of the present locational and infrastructural advantage but also because of the various infrastructure projects coming up in the vicinity. A few noteworthy ones are:
1. Developing under the Bharatmala Pariyojana program, the Bengaluru – Chennai Expressway (BCE) project, officially NE-7, is under construction and when ready it will connect Tamilnadu, Karnataka, and Andhra Pradesh.
2. The new Chennai Green airport at Parandur is also coming after Sriperumbudur which will be well connected by metro rail as an extension from Thirumazhisai. The metro line under construction at Thirumazhisai will connect the new Chennai West Bus stand to Guindy and beyond.
3. The proposed TIDCO Aerospace and Defence park, The Dry Port, the MMLP
Sriperumbudur with its excellent connectivity, proximity to the seaport, flourishing social infrastructure along with the availability of a skilled workforce continues to drive the growth of Industrial development and manufacturing.
Any discussion about Sriperumbudur is incomplete without the mention of Sriperumbudur SIPCOT (State Industries Promotion Corporation of Tamil Nadu Limited) which is a significant industrial park located in Sriperumbudur, Tamil Nadu, India. SIPCOT is a government-owned agency responsible for promoting industrial growth in Tamil Nadu by developing industrial infrastructure and providing various support services to industries. About 35 Fortune 500 companies have made substantial investments in the Sriperumbudur (Mambakkam) Sipcot and Sungavarchatram Sipcot.
Here are some examples of companies that have established their presence in Sriperumbudur SIPCOT:
While Sriperumbudur Sipcot is home to:
- Hyundai Motor India Limited: Hyundai’s manufacturing plant in Sriperumbudur is one of its largest facilities outside South Korea, producing a wide range of vehicles for the domestic and export markets.
- Ford India Private Limited: Ford’s manufacturing plant in Maraimalainagar about 30 km from Sriperumbudur produces vehicles for both the domestic and export markets.
- BMW India Private Limited: BMW has a manufacturing plant in Sriperumbudur for producing luxury cars.
Renault Nissan Automotive India Private Limited: Renault Nissan Automotive has a manufacturing facility in Sunguvarchatram SIPCOT for producing vehicles for the domestic and export markets.1. Electronics and IT Companies:
- Nokia India: Nokia has a manufacturing facility in Sriperumbudur for producing mobile phones and telecommunications equipment which has been taken over by Salcomp and other electronic manufacturers
- Dell International Services India Private Limited: Dell’s manufacturing plant in Sriperumbudur produces computers and related hardware.
- Samsung India Electronics Private Limited: Samsung has a manufacturing unit in Sriperumbudur for producing consumer electronics and appliance
Flextronics Technologies (India) Pvt. Ltd.: Flextronics is a multinational electronics manufacturing services company with a facility in Sunguvarchatram SIPCOT. - Wistron Corporation: Wistron is a Taiwan-based company with manufacturing facilities in Sunguvarchatram SIPCOT, primarily focusing on electronics assembly and manufacturing.
2. Pharmaceutical Companies:
- Orchid Chemicals & Pharmaceuticals Ltd: Orchid is a pharmaceutical company with manufacturing facilities in Sriperumbudur for producing active pharmaceutical ingredients (APIs) and formulations.
3. Engineering and Manufacturing Companies:
- Saint-Gobain India Pvt. Ltd.: Saint-Gobain has manufacturing facilities in Sriperumbudur for producing glass products, including automotive glass and architectural glass.
- Brakes India Private Limited: Brakes India is a leading manufacturer of automotive and non-automotive braking systems with a presence in Sriperumbudur.
Tube Investments of India Limited: Tube Investments has manufacturing facilities in Sunguvarchatram SIPCOT for producing bicycles, automotive components, and industrial products. - Ramco Cements Limited: Ramco Cements has a manufacturing unit in Sunguvarchatram SIPCOT for producing cement and related products.
4. Logistics and Warehousing:
- Various logistics and warehousing companies operate in Sriperumbudur to support the manufacturing and distribution activities of the industries located in the industrial park.
These are just a few examples, and Sriperumbudur SIPCOT continues to attract investments from various sectors, leading to the establishment of additional companies and facilities over time.
Apart from SIPCOT, there are many Prime Private Industrial Parks In Sriperumbudur:
- IndoSpace Industrial Park – Mevalurkuppam & Polivakkam
- AWH All Warehouses & Industrial Parks Private Limited – Tiruvallur Sriperumbudur
- CCI, Polivakkam
Notable Government parks:
- Irungattukottai (Hyundai) SIPCOT
- Aerospace Park as part of Vallam Vadagal SIPCOT zone
- Sriperumbudur Mambakkam St Gobain SIPCOT
- Electronic SEZ zone Sunguvarchatram
To sum it up, It is without doubt that Sriperumbudur is the best place to invest in Chennai with phenomenal appreciation potential as it is getting
- Top MNCs in manufacturing – reliable as tenants
- Airport and Metro rail connectivity & the Chennai West bus stand and vegetable markets
- Express highway to Bangalore and expressway to Chennai Port
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