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Chennai has multiple advantages. First it has an inherent advantage in terms of the software professionals as Tamil Nadu and Andhra Pradesh make up for 56 per cent of the present total software professionals in the Country.
Nearly 60,000 engineering graduates pass out of the engineering institutions annually which keep growing year after year. Out of the present 60,000 engineers who graduate every year from Tamilnadu, 33,000 are from information technology-related disciplines, coming from institutions of excellence such as IIT, Anna University, PSG College of Technology- Coimbatore etc.. Software exports from Tamilnadu have increased from a mere Rs. 42 crores in 1994-95 to a phenomenal Rs. 26,100 crores in 2000-2001 and continues to grow at a CAGR of over 95%. The hardware exports in the year 2000-2001 is Rs. 4788 crores. With over 33,000 professionals presently working in Tamilnadu, we have one of the largest pools of software professionals in the country.
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