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Friday, September 24, 2010

T Nagar Chennai

Chennai is the largest metropolitan area in South India..... though it is less populated than Bangalore, the fastest growing Information Technology city also located in South India. Chennai has wide roads, less traffic and is creating good infrastructure in neighboring districts like Kanchipuram, Chengalpet, Tiruvallur to further expand Chennai metropolitan area.

While Chennai also has it's own good share of Information Technology industry, it is also attracting huge investments in Automotive manufacturing industry. However there are 2 other industries where Chennai has been performing exceptionally well since many decades, and continues to grow
  1. Entertainment ( Film industry, Television industry and emerging new media)
  2. Retail (Silk sarees, Gold jewellery, Textiles, Consumer electronics, Kitchen ware, other consumer goods) - Both luxury and affordable by masses.
Now when you say Retail and Chennai together, there is a 2 letter word which will immediately flash in mind

T Nagar

T Nagar, is the most popular large locality located within the central part of Chennai Metropolitan area. It is both Commercial and Residential. T nagar is also one of most expensive places for real estate since it's so popular and is also right in central part of Chennai. T Nagar is actually Thyagaraya Nagar named after Thyagaraya Chetty himself a businessman and politician during 1916-1930. Tyagaraya Chetty was one of the founders of Justice Party which was popular during 1920's and 1930's in the then Madras Presidency ( Madras was renamed Chennai later in 1996).

Why I am writing about T Nagar in my Gold blog? T nagar is the heart and soul of Gold Jewellery Retail.......It is the single largest Gold Jewellery Retail space per sq.kilometre in the world.

(to be continued.......)

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