Chennai is a large port and one of the fast-growing cities around the globe according to the Forbes, situated in the south of India. It is the leading industrial center of the country. Some major companies have their headquarters here. Financial and banking sectors are broadly represented in Chennai; World Bank, Bank of America, ABN Amro, Deutsche Bank, etc. Madras Stock Exchange are all located here. IT-sector is booming in Chennai; it is ranked as one of the leaders in software and IT export in India along with Bangalore and Hyderabad. The biggest IT-park in Asia was set up here providing workspace in Chennai. Biotechnologies are also thriving here. It is predicted that by 2025 Chennai to grow to a $100 billion economy. Numerous projects are in the stage of active development right now, and many more planned for the nearest future.
