Manifestation of information technology industry in Chennai Metropolitan area

Abstract

newlineIn the era of globalization cities have acquired a new meaning as newlinethey have become transnational market places for buying financial newlineinstruments and specialised services The entrepreneurial approach adopted newlineby city administrators has resulted in restructuring of cities so that they appeal newlineto global investors This phenomenon as observed in many cities of the world newlinehas lead to the inquiry as to whether Indian cities are also experiencing such newlinechanges induced by the globalisation process Indias economy started newlinewitnessing an upward swing after the introduction of economic reforms in newline1991 A noticeable factor of this growth has been the rise in contribution of newlinetertiary sector of which I T and I T E S forms an integral part Being a city newlinebased industry the role of cities has become crucial in sustaining the growth newlineof I T industry newline newline