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
- Entertainment ( Film industry, Television industry and emerging new media)
- 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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