Currently the automotive capital of India, otherwise known as the Detroit of India, Chennai is one of the fastest growing centers for product manufacturing based companies from various sectors such as automobiles, software, electronics, and pharmaceuticals. The city has a sound industrial base complemented by a skilled population and proximity to key ports proving a favorable climate for both current and potential investors.
Chennai is host to many other of India’s finest product companies that are trendsetters across the globe with their revolutionary products. The strategic orientation of the city to technology, manufacturing and R&D, makes it important for business people and investors.
Moreover, as for the support system, Chennai provided incubators and accelerators according to industries so that startups can develop and scale their product. In this context, product manufacturing and marketing firms in Chennai, backed by the new focus on sustainability and innovations are all set to make bigger strides shortly to provide innovative products to both domestic and global consumers.
What are product based companies?
Manufacturing or product based companies are enterprises that sell some or most of the tangible or even intangible products that they design and produce. It is a business where these companies develop, manufacture, and sell products – be these tangible, which may include electronics, clothes, furniture and more, or digital products including software, apps and online services.
In a product-based company, the product forms the core of the business planning and control and the business earns income through the sale of the product. Some of the companies in this category are Apple, Tesla and Microsoft. Typically these firms will have R & D departments that work on coming up with new products that will rival those of other firms in the market.
What makes Chennai an ideal place for product based companies ?
Chennai is an ideal location for product based companies due to several key factors:
- Strategic Location: Being a city with developed access to international waterways, export and import are feasible throughout the different channels in the city, especially for a city with a well-developed port like Chennai Port and Kamaraj Port.
- Strong Industrial Base: The city boasts of a strong manufacturing value chain anchored on automobile, electronics manufacturing, pharma and engineering industries among others. It also contains many large-scale industrial agglomerations like the Sriperumbudur Industrial Growth Cluster.
- Skilled Workforce: The unskilled workforce availability is another advantage of doing business in that city; more so in engineering, software development and designing. Attractions such as the IIT Madras and Anna University assure professionals to provide a constant supply of talent to the community.
- Supportive Ecosystem: Incubators, accelerators, venture capital firms and many co-working spaces are the recognized supports to the start-ups and early established firms in the city.
- Cost-Effectiveness: When compared to other Metropolitan cities like Mumbai, Bengaluru or often compared to Hyderabad, Chennai has comparatively a lower operation cost, which makes it an ideal destination for establishing manufacturing and product based companies.
- Infrastructure and Connectivity: Currently, Chennai boasts of adequate infrastructure for handling international standards and it has an efficient airport, roads, and railways for the transport of products, people, and materials.
- Government Support: The government has initiated various incentives and schemes for the diversified incremental growth of industries and the quick establishment of business units in Tamil Nadu by providing subsidies, exemption in taxes, etc., and infrastructural facilities.
These reasons ensure that Chennai is a hub of attraction for all product based companies intending to expand, grow and get market share.
List of 15 Product Based Companies in Chennai
1. Amazon
Industry: E-commerce, Cloud Computing, Artificial Intelligence
Year of Establishment: 1994
Ratings: 3.8/5 (Glassdoor rating).
World’s largest internet business and technology company was launched in 1994 by Jeff Bezos. It was established as an internet media retailing company and has grown to become one of the biggest open market online selling service providers in the world.
Having its focus on customers, advanced technologies, and, ultimately, supply chain, Amazon exists in more than one hundred countries. AWS also makes it a giant in cloud computing it entered entertainment, and AI among others and has made it a diverse conglomerate that defines today’s commerce and technology landscape.
Services Provided:
- E-commerce Platform
- Amazon Web Services (AWS)
- Amazon Prime
- Amazon Kindle
- Amazon Alexa
- Amazon Fresh and Pantry
- Amazon Pay
- Amazon Studios
- Audible
- Amazon Business
Contact Details:
Address:
Ramanujan IT City, Tharamani, Chennai, Tamil Nadu 600113
Website: www.amazon.in
Phone: Unavailable
2. PayPal
Industry: Financial Technology (FinTech), Online Payments
Year of Establishment: 1998
Ratings: 4/5 (Glassdoor rating)
PayPal is an international Internet company that serves as an electronic wallet which was established in 1998. It allows people and companies to pay and be paid, transfer and receive payments through the internet safely and efficiently.
It is thus easily understandable and secure for use in doing business online, play money transfers, and cross-border money transfers among others. Available in more than 200 countries, while accepting multiple currencies, justifying its security features and full integration with Internet services, this payment service has millions of users all around the world.
Services Provided:
- Online Payments
- Peer-to-Peer Transfers
- PayPal Business Solutions
- PayPal Credit
- International Money Transfers
- Mobile Payments
- Fraud Protection
- Charity Donations
Contact Details:
Address:
Futura Tech Park, 334, Rajiv Gandhi Salai, Elcot Sez, Sholinganallur, Chennai, Tamil Nadu 600119
Website: www.paypal.com
Phone: 044 6634 8000
3. Freshworks
Industry: Software as a Service (SaaS)
Year of Establishment: 2010
Ratings: 4.1/5 (Glassdoor rating)
Freshworks is a customer engagement software company that was started in the year 2010 and is located in Chennai, India. As the best software provider that allows easy usage and cheap pricing, Freshworks is used to enhance customer services and organizational efficiencies. Their main services include customer relationship management services, customer support services, and IT service management services among others.
Freshworks caters to businesses of varying sizes across the world and places particular emphasis on helping businesses keep business operations as seamless as possible with the help of easy-to-use and customizable solutions.
Services Provided:
- Freshdesk
- Freshservice
- Freshsales
- Freshmarketer
- Freshchat
- Freshcaller
- Freshteam
- Freshsuccess
Contact Details:
Address: Vijay Shanthi Block-B, GLOBAL INFOCITY PARK, 40, MGR Main Road, Kodandarama Nagar, Perungudi, Chennai, Tamil Nadu 600096
Website: www.freshworks.com
Phone: 044 6667 8040
4. Ford Motor Company
Industry: Automotive Manufacturing
Year of Establishment: 1903
Ratings: 4.1/5 (Glassdoor rating)
Ford Motor Company is one of the biggest automobile producers all over the world, it was established by Henry Ford in 1903. Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, that produced the first affordable assembly line car.
It builds and distributes various automotive products such as vehicles including cars, SUVs, trucks and EVs under the Ford and Lincoln brands. Strengthening its focus on such strategic management directions as innovation, sustainability, and EM, Ford remains the leader in such fields as connected vehicles, EVs, and AD.
Services Provided:
- Vehicle Manufacturing and Sales
- Electric Vehicles (EVs
- Ford Credit
- FordPass
- Ford Pro
- Connected Vehicle Services
- Ford Protect
- Parts and Accessories
Contact Details:
Address: 129, Poonamallee High Road, Sathiyamoorthy Nagar, Maduravoyal, Chennai, Tamil Nadu 600095
Website: www.ford.com
Phone: 098400 24402
5. Cisco Systems
Industry: Networking Hardware, Software, and Telecommunications Equipment
Year of Establishment: 1984
Ratings: 4.3/5 (Glassdoor rating)
Cisco Systems, Inc., founded in 1984, is a global leader in networking, IT, and cybersecurity solutions. Based in San Jose, California, Cisco specializes in developing technologies that connect people, devices, and networks securely and efficiently.
It is renowned for its cutting-edge innovations in areas such as enterprise networking, cloud computing, IoT, and collaboration tools. Cisco’s products and services empower businesses to improve operational efficiency, enhance communication, and secure their digital infrastructures.
Services Provided:
- Enterprise Networking
- Collaboration Tools
- Cybersecurity
- Cloud Solutions
- Data Center Solutions
- IoT Solutions
- Professional Services
- 5G and Mobility Solutions
Contact Details:
Address: A-21 AND 22 Thiru-Vi-Ka, Industrial Estate, Guindy, Chennai, Tamil Nadu 600032
Website: www.cisco.com
Phone: 044 4557 6128
6. VMware
Industry: Cloud Computing and Virtualization Technology
Year of Establishment: 1998
Ratings: 4.2/5 (Glassdoor rating)
VMware is a world-class software and services company that specializes in cloud computing and virtualization technology solutions; it was established in 1998 and is based in Palo Alto, California. The firm focuses on delivering products that help organizations manage physical IT assets through virtual computing, storage and network.
Through VMware, organizations can work better, spend less and achieve better results in terms of scalability. Leading out of innovation from virtualization to a hybrid cloud, multi-cloud, and modern application development, VMware helps businesses drive through the digital transformation journey.
Services Provided:
- Virtualization Solutions
- Cloud Management
- End-User Computing
- Networking and Security
- Modern Application Development
- Disaster Recovery and Backup
- Professional Services
Contact Details:
Address: Block A, 18-20, KG Marg, Barakhamba, New Delhi, Delhi 110001
Website: www.vmware.com
Phone: 011 6654 6001
7. Zoho Corporation
Industry: Software Development
Year of Establishment: 1996
Ratings: 4.5/5 (Employee and Product Ratings)
Zoho Corporation is an innovative software applications development company which is located in Chennai and is operating across the globe. Zoho was established back in 1996 by two men namely Sridhar Vembu and Tony Thomas it deals with the provision of software services to organizations. It is popular for a combination of various cloud applications that increase performance, communication, and effectiveness.
As a product innovator, Zoho has over 50 suites/products under the Zoho business suite including those of CRM, accounting, human resources and so on. Zoho has gained its reputation based on its strategic focus on user experience and strict non-disclosure of users’ data policy, and today it is a go-to CRM solution for millions of companies.
Services Provided:
- Zoho CRM
- Zoho Books
- Zoho Projects
- Zoho People
- Zoho Desk
- Zoho Inventory
- Zoho Campaigns
- Zoho Meeting
- Zoho Mail
- Zoho Analytics
Contact Details:
Address: 173, Avvai Shanmugam Salai, Gopalapuram, Chennai, Tamil Nadu 600086
Website: www.zoho.com
Phone: 044 6744 7070
8. Ashok Leyland
Industry: Automotive Manufacturing
Year of Establishment: 1948
Ratings: 4.2/5
Ashok Leyland is an Indian multinational automotive manufacturing company that was founded in 1948 with its corporate office located in Chennai India. It operates as the Hinduja Group’s largest subsidiary — It is the second-biggest maker of commercial vehicles in India and the fourth-largest maker of buses worldwide.
The current product offerings of the company include trucks, buses, light vehicles, defense vehicles, and power solutions. The company tops in the Indian market in commercial vehicle production with facilities in India and has a global network.
Services Provided:
- Annual Maintenance Contracts (AMC)
- AL Recon
- At-site Service Support
- Genuine Spare Parts
- Service Centers
Contact Details:
Address: Ashok Leyland Ltd., No.1, Sardar Patel Road, Guindy, Chennai – 600 032
Website: www.ashokleyland.com
Phone: 044-2220 6000
9. TVS Motor Company
Industry: Automotive Manufacturing
Year of Establishment: 1978
Ratings: 4.3/5
TVS Motor Company provides superiority in twos and threes wheelers in India by focusing on innovation and customers. TVS Supply Chain Solutions was established in 1978 and is a subsidiary of the TVS Group, a major industrial House in India. As for the customer segments, TVS Motor presents motorcycles, scooters and electric vehicles for clients in different segments.
The company is also very active within the local and export markets, its main objectives being to offer vehicles with high performance, good fuel economy and sleek designs. The company is also concerned about sustainability and, therefore, adopts environmental production when developing products.
Services Provided:
- Sales of Two and Three-Wheelers
- After-Sales Service
- Spare Parts Supply
- Roadside Assistance
- Customer Support
Contact Details:
Address: Chaitanya, No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, Tamil Nadu 600006
Website: www.tvsmotor.com
Phone: 044 2833 2115
10. Hyundai Motor India
Industry: Automotive Manufacturing
Year of Establishment: 1996
Ratings: 4.3/5
Hyundai Motor Company is one of the largest manufacturers of automobiles, based in South Korea, created in 1967. They are widely exported in international markets for being one of the leading automobile manufacturers whose products incorporate efficiency, reliability and affordability. Hyundai has a wide choice of cars for different clients, and sedans, SUVs, and electric vehicles are presented.
Sustainability and progressive automotive development in the domains of safety, design, and efficiency remain core company’s values. Hyundai has also benefited significantly from the robust after-sales services, and customer-focused strategies together with consistent funding for research and development, to cater to the shifting consumer needs across the global market.
Services Provided:
- Vehicle sales (cars, SUVs, electric vehicles)
- After-sales services (maintenance, repairs)
- Financing options
- Vehicle customization
- Insurance services
- Genuine spare parts
Contact Details:
Address: Plot No, H-1, Sipcot Industrial Park, Irungattukottai, Sriperumbudur, Tamil Nadu 602105
Website: www.hyundai.com/in/en
Phone: 044 4710 0000
11. Rane Group
Industry: Automotive Components
Year of Establishment: 1929
Ratings: 4.1/5
Rane Group is an automotive component manufacturer founded in 1929 with its operational headquarters in Chennai, India. The group provides products and services in various industries; automobiles, including cars and Jeep, CVs, agricultural tractors, two-wheelers, railways, and generators.
With its main vision of being an innovative, quality, and customer-oriented company, Rane Group provides services and products including steering and suspension systems, friction materials, occupant safety systems, and valve train components. The group has a solid basis both in the OEM and aftermarket markets, which allows it to lead the automotive industry. Rane Group currently focuses on corporate social responsibility and innovative engineering product solutions across the globe.
Services Provided:
- Steering & Suspension Systems
- Valve Train Components
- Friction Material Products
- Occupant Safety Systems
- Light Metal Casting Products
- Aftermarket Products
Contact Details:
Address: Rane Corporate Center, 132, Cathedral Road, Chennai – 600 086, India
Website: www.ranegroup.com
Phone: +91-44-2811 2472/73
12. Saint-Gobain India
Industry: Building Materials
Year of Establishment: 1665 (Global), India operations in 1996
Ratings: 4.2/5
Founded in 1665, Saint-Gobain is a worldwide manufacturer and distributor of innovative high-performance materials and solutions for commercial, civil and industrial applications, automotive industries among others and other sectors such as health care. The company is well known for new ideas, products, and services which include producing optimum glass, ceramics, abrasives and construction products and solutions that can produce sustainability and comfort.
Currently having sales and distribution facilities in India and an R&D center and manufacturing plant in Chennai, Saint-Gobain aims to offer consumers products that are efficient, eco-friendly and of high quality. That is why the company has successfully gained the reputation of a trustworthy brand that is constantly investing in innovations and sustainability worldwide.
Services Provided:
- Glass Solutions
- Construction Materials
- Abrasives
- Ceramics
- Performance Plastics
Contact Details:
Address: 7th Floor, Sigapi Achi Building, No.18/3, Rukmani Lakshmipathi Road, Egmore, Chennai, Tamil Nadu 600008
Website: www.saint-gobain.co.in
Phone: 1800 102 1215
13. Schneider Electric
Industry: Electrical Equipment and Automation
Year of Establishment: 1836 (Global)
Ratings: 4.4/5
Schneider Electric is a global specialist in energy management with unveiled ambition to lead change and sustainability. It has operations in more than 100 countries offering total value-added solutions that help to manage and improve the use of energy in sectors such as industries, buildings, transportation infrastructure and data centers.
As a digital company in the energy management industry, Schneider Electric implements the Internet of Things, Artificial Intelligence, and Cloud Solutions to provide innovative solutions. Their products include energy-saving products to integrated energy management solutions to make energy safe, reliable, and sustainable. Schneider Electric is corporate to help people and companies use energy in the best way with less negative influence on the environment.
Services Provided:
- Energy Management Solutions
- Automation Systems
- Industrial Control Systems
- Building Management Systems
- Data Center Infrastructure
- Renewable Energy Solutions
- Electrical Distribution Equipment
- Smart Grid Solutions
- Consulting and Training Services
Contact Details:
Address: 172, Poonamallee Bypass Road, Poonamallee, Chennai, Tamil Nadu 600056
Website: https://www.se.com/in/en/
Phone: 1800 103 0011
14. Royal Enfield (Eicher Motors)
Industry: Automotive Manufacturing
Year of Establishment: 1955
Ratings: 4.3/5
Royal Enfield, the oldest motorcycle manufacturer in the world was founded in 1901 and is the creator of some of the famous motorcycles with the perfect combination of traditional look with modern technology. Being from Chennai, India they produce models such as the Bullet, Classic and Meteor which have massive lovers all over the world.
Royal Enfield motorcycles are famous for their mechanical strength and design and their suitability for commuting long distances for pleasure. It also supports and encourages motorcycling by hosting riding events and selling riding apparel and accessories for the bikes. As pioneers of the motorcycle industry, Royal Enfield contributes to the riders’ generations’ inspiration all over the world.
Services Provided:
- Sales of New Motorcycles
- Authorized Service Centers
- Genuine Spare Parts and Accessories
- Test Rides
- Riding Gear and Apparel
- Customisation Options
- Roadside Assistance
Contact Details:
Address: 296, Rajiv Gandhi Salai, Elcot Sez, Sholinganallur, Chennai, Tamil Nadu 600119
Website: https://www.royalenfield.com/in/en/
Phone: Unavailable
15. Cipla
Industry: Pharmaceuticals
Year of Establishment: 1935
Ratings: 4.2/5
Cipla is a pharmaceutical company registered in India and was established in 1935 dealing with affordable and universal healthcare. The company is involved in the production of several effective pharmaceutical products in many therapeutic fields including respiratory, oncology, cardiovascular, and HIV/AIDS.
Cipla came into the limelight due to the creation of generic medicines, biosimilar drugs and over-the-counter products to benefit the patient. This company operates in over 170 countries and provides prescription medicines and some Over the Counter medicines to provide satisfactory solutions to the challenges posed by the different population types encountered across the globe.
Services Provided:
- Prescription medicines
- Over-the-counter (OTC) products
- Vaccines
- Generic medicines
- Biosimilars
Contact Details:
Address: 106-A, Alapakkam Main Road, near Porur, Alapakkam, Porur, Chennai, Tamil Nadu 600116
Website: www.cipla.com
Phone: +91 44 2254 0000
Challenges Faced by Product Based Companies
Product based companies face several challenges, including:
- Supply Chain Disruptions: It becomes hard to plan production and when there are delays, shortages and logistics challenges these affect production time and costs.
- Rising Raw Material Costs: Unpredictable movements in the cost of materials pose problems to margins and profitability.
- Demand Forecasting: Forecasting market demand is always an uphill task and this makes it possible to either overstock or understock.
- Competition: The nature of competition at both national and international levels implies that businessmen and women engage in price cutting which lowers their market share.
- Innovation and Differentiation: Le new product development is carried out to meet customer needs and respond to competitors’ actions at every point in time.
- Regulatory Compliance: Substitutes may be affected by changes in laws and standards plus environmental rules as a source of uncertainty.
- Quality Control: It is often difficult to sustain product quality when manufacturing large quantities and exporting to different countries.
- Technology Integration: Implementation of efficiency-enhancing technologies is a competitive necessity as the adoption of new technologies for improvement of efficiency is capital intensive.
- Customer Retention: In this particular market with competitors in every corner it takes effort and dedication to establish customer relations and retain them in the long term.
- Sustainability: Sustained demands for corporate responsibility for ecological and ethical practices as well as corporate profit.
Conclusion
In conclusion, it would be possible to state that Chennai can be considered as an appealing place for product based companies, which can rapidly develop and enhance the processes of innovation. The city still nurtures a plethora of industries which include software development industries, automobiles industries, consumer electronics industries and aerospace industries hence becoming a perfect place for industries and companies to grow.
The availability of skilled manpower, strategic location of the city, particularly near the port city as well as support infrastructure makes Chennai a suitable place for manufacturing and exporting of products. But it comes with challenges of; supply chain, legislation, and stiff market competition. Still, the city remains friendly to entrepreneurship in all of its various forms, providing incubators and accelerators as well as government aid to anybody who wants to innovate.
The important factors in Chennai make it suitable for product-based organisations to grow and sustain themselves in the long term through the industrial base, manpower resources and existing support systems. With increasing concerns for sustainability, the firms are also extending their efforts towards environmentally sustainable initiatives to meet altering market demands.
FAQs
Which sectors mainly involve most of the product based companies in Chennai?
Chennai has several product manufacturing industries for different products ranging from computer software and hardware to automobiles, electronics, aerospace and drugs.
What is the procedure to form a product-based company in Chennai?
So to begin as an entrepreneur and establish one product-based firm in Chennai the following steps will be useful: 1. Drafting of business plans
2. Committing to regulatory frameworks of the location
3. Registration of the business entity
4. Financing of product development and manufacturing.
What kind of difficulties arise for product based companies in Chennai?
They speak of such issues as: sourcing and procurement risks, competitive pressures, quality assurance, availability of labour, and legal requirements.
In what manner do product based companies from Chennai manage manufacturing?
A large number of manufacturers engage local manufacturers, outsourcing or have their production facilities based on the type of firm.
Do the product based companies in Chennai participate in exports?
Yes, many product manufacturing companies are present in Chennai and a specialty of automobile IT and consumer goods manufacturing companies are mainly focused on exporting their products.
What advantages can be derived from Chennai for product-based firms?
Some of the reasons likely to contribute to the attraction of product-based firms to Chennai are; the availability of mature industrial estates, readily available skilled workforce, strategic position to ports and technology-friendly environment.
What kind of assistance is obtainable for product based companies in Chennai?
The city is supported through Government of India schemes, industry-specific clusters, technology parks and venture capital for innovation and development.
Is there any incubation or acceleration program for product-based Startups in Chennai?
Yes, there are organizations like TIDE (Technology Incubation and Development of Entrepreneurs) and Indian Angel Network which offer incubation to product-based start-ups in Chennai.
What strategy do Product-Based Organizations (PBOs) in Chennai employ to support sustainability?
Some of the activities that are being employed in Chennai manufacturers include environmentally friendly manufacturing, environmental certification and low carbon activities.
