Sholinganallur: An Established IT Hub in Chennai

Introduction

Sholinganallur is one of the most thriving areas in Chennai, which is expanding as one of the biggest and most established IT hubs in Chennai. It is also a residential area in Chennai that houses a lot of well-known real estate properties from the best real estate brands in India. The site lies along the Old Mahabalipuram Road, which is also known as OMR. As this is quite an established place for IT industries, working professionals demand residential properties near the Sholinganallur region. As lots of IT hubs are choosing the location over any other area, you can find some of the biggest IT parks like Prestige Cyber Towers, TEK Meadows, and Siruseri IT Park.

As the IT corridors are in close vicinity of Sholinganallur locality, employment opportunities are going to increase day by day. It can be said that the massive growth of the economy, population, and infrastructure of the Sholinganallur region is wholly dependent or majorly dependent on IT parks as well as dedicated Special Economic Zones, i.e., SEZs. Another latest project was a financial city by Tamil Nadu Government’s TIDCO. This financial city is going to be the wholesome accommodation of global housing corporations. 

The place also promises a strong social as well as physical infrastructure. As a lot of people are coming daily for new job opportunities, the demand for new residential properties is getting increased. Those who are interested in spending their lives in this place can enjoy easy and reasonable access to schools, colleges, eateries, shopping plazas, etc. Sholinganallur is also a major junction in the southern section of Greater Chennai. There are two major roadways, namely ECR Link Road and Velachery Main Road. Public transportation service is easily accessible around the place. It is easy to avail of lots of local buses, auto rickshaws, etc., that run between the local areas and other parts of the city. There is also the nearest railway station at Velachery. 

A lot of IT companies or you can say IT giants find this place helpful to house their work. Some of those companies are Wipro, TCS, Infosys, PayPal, HCL technologies, cognizant, Tech Mahindra, Flintobox, eBay, Screen Plus, etc. All of these companies have settled here. But now, the main question is why Sholinganallur is an established IT hub in Chennai. 

Well, this piece of article will help you to understand the main reasons and significance of this place. It will be easier to know when all aspects are clear to us.

So, let’s talk about this.

Significance of the location of the Sholinganallur region 

Sholinganallur is situated at the junction that connects the East coast to Tambaram, Mudichur, and Adyar to the significant city Mahabalipuram through the roadway of Old Mahabalipuram Road or the OMR. Sholinganallur is also an important location in the southern part of Greater Chennai. The distance of Sholinganallur from Tambaram is 14.3 km, 2 km from East Coast Road or ECR, and 13 km from Adyar. You can imagine Sholinganallur as a center point that is connected through three straight lines to these three significant places.

The strategic location is one of the essential key factors that contribute more to being one of the biggest and most established IT hubs in Chennai. 

Significance of the weather condition of Sholinganallur

As Sholinganallur is a region of Chennai, it has the same dry summer tropical wet and dry climate always. The whole area lies on the thermal equator. Apart from this, the city is situated near the coast, which contributes to the environment. It prevents extreme variations in seasonal temperature. The highest temperature in this place can vary from 35° C to 40° C(95° F to 104° F). The lowest temperature can range from 19° C to 25° C(66° F to 77° F).

The whole region gets all the seasonal rainfall from the middle of October to the center of December. As the temperature or the weather is not so different from time to time, it is easy to imagine a stable climate to start any industrial work that is dependent on the weather sometimes. This factor helps all industries to get their houses around the Sholinganallur region.

Excellent connectivity to all corners of the city

Good connectivity and conveyance are two significant points for any industry, and it is no exception for IT industries. Sholinganallur is a good suburb that is well connected to all major and nearest areas like OMR, Perungadi, Velachery, etc. Well-maintained roadways and railway stations are available to reach various parts of the city as well as the state. Also, there are MTC and TNSTC buses are there which are readily available on every corner. A metro project is planned to be constructed here. When the metro project is completed, the significance will increase. 

Easy access to the vast talent pool

Sholinganallur is a great place that is situated in the vicinity of some significant schools and colleges. Prestigious colleges like St Joseph’s Institute of Technology, KCG College of Technology, Jeppiaar Engineering College, Sathyabama University, St. Mary’s School of Management Studies, Jeppiaar SRR engineering college, St. Joseph’s College of Engineering, Sri Sivasubramaniya Nadar College of Engineering, Thangavelu Engineering College, Shree Motilal Kanhaiyalal Fomra Institute of Technology, Ragas Dental College, Mohamed Sathak College of Arts and Science, Anand Institute of Technology, NTTF Information Technology Centre, Nr MTL Sholinganallur, etc. are present. A vast number of engineering and management colleges help to gather lots of young and enthusiastic talents that can contribute to the IT industry in order to grow more. Also, trained professionals, freelancing services, etc., are available around this place. These things help to get more employees from the local region. That means the cost per employee will be lower. Also, local and young professionals will have more knowledge of the local law and acts that can be helpful in various legal sides of industries. So, getting a vast talent pool from the local region is a significant factor that helps to settle an industry with success and manageable growth.

Supportive government policies in Sholinganallur

Government assistance is one of the most significant factors that can make or break an industry. In the case of Chennai or Tamil Nadu, it has always been at the top of the economic growth among all other states of India. Not just for the IT industry but also for automobiles, engineering, textiles, electric hardware, etc., the state has made some impressive acts and laws that help to grow the business seamlessly. To maintain the progressive condition of industries, there is a proper Tamil Nadu Industrial Policy. The Tamil Nadu Industrial Policy has the goal of providing the essential infrastructure to ensure sustainable industrialization throughout the state. Sholinganallur is also coming under this industrial policy. 

• The objective of the Tamil Nadu Industrial Policy

• To receive an annual average growth rate of 14% in the Tamil Nadu manufacturing sector.
• To accomplish endurable industrial growth and create gainful occupation prospects in the state of Tamil Nadu.
• To enhance the development of high-technology industries
• To complete the rapid industrialization of the Southern districts of Tamil Nadu.
• To produce world-class infrastructure for the industry.
• To make Tamil Nadu the innovation hub on the resilience of world-class institutions in various fields.

Low cost of operation tax benefits throughout the Sholinganallur region

Tamil Nadu state government has created a well-planned tax benefit for all industries, including the IT industry, that helps to more operational costs on projects or other administrative works of any company. Taxes for companies are also relatively lower.

Also, the operational cost is relatively lower in this place because local employees are available, cost of training is lower compared to other states. The best quality infrastructure is trained with proper industrial professionals so companies can spend less on training. All of these factors help to save a lot of money. 

Adopting new technologies every day

More new technology in any industry can enhance the efficiency of the field. The IT industry also demands new and updated technology to improve the overall result. Regardless of the brand, the adoption of new technology will ensure that the IT works meet the client’s demand. To make sure of this thing, the market is proliferating. In the Sholinganallur region, a lot of educational institutions and training centers are trying to train the new young generation so that they can implement advanced systems in their work in order to grow the industry rapidly. It plays a vital role in why Sholinganallur is an established IT hub. The new technology helps to ensure seamless workflow, remote work, efficient work, future growth with stability, etc. 

Summing up the thoughts 

As there are a lot of factors that are continuously helping the information technology industry to proliferate. With a stable talent pool, higher quality infrastructures, good connectivity, demand for products, lower cost of operations, supportive government policies, strong growth in export demand, etc., the IT industry is now an established sector. No doubt, Sholinganallur is one of the biggest and most established IT hubs in Chennai. 

Frequently Asked Questions(FAQs)

1. Mention critical factors that help to grow an IT industry.

To expand and grow the IT industry, there are some key factors that can help to build a strong base in the industry. Here are those factors:

• Low cost of operation and tax advantages
• Supportive and validating government policies
• Availability of technically skilled workforce
• Instantaneous introduction of IT technologies in major sectors such as telecom, BFSI, and more
• Strong development in the export market
• Implementation of new technologies like cloud computing, Artificial Intelligence, Big Data, etc
• Government established SEZs

2. What are some of the latest IT cloud technologies?

The top and latest IT cloud technologies are Edge, Cloud migration, Data privacy, Automated cloud orchestration, etc. 

3. Why is Sholinganallur known as one of the best IT hubs in Chennai?

In Sholinganallur, there are lots of facilities like good connectivity with nearby cities and other corners of the state, well-built infrastructure, transportation service, availability of talent pool, young employees, good government support, etc. All of these are the significant factors that help Sholinganallur to be the best IT hub in Chennai.

4. How big is the Indian IT industry?

IT services, with 99 billion U.S. dollars, had the most extensive market size among the different sectors of the Indian IT market in the fiscal year 2021. The total market size of the Indian IT market, including eCommerce, is 235 billion U.S. dollars.

5. What are the four sectors of the IT industry?

The Indian IT and ITeS industry is divided into four major segments – IT services, Business Process Management (BPM), software products and engineering services, and hardware.

6. Write down some of the significant IT industry-based career options.

Some of the significant IT-based career options are Machine learning engineer, UX design, Robotics Engineering, Data Science, Cloud engineering, etc. 

7. Why adopting new technology is crucial to business success?

Adopting new technology is crucial to IT business success because there are a lot of benefits like

• improved customer communication
• enhanced workflow
• better team collaboration
• excellent analytics tools
• positioning for future growth
• implementing new technologies in the business