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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 23,000 engineering graduates pass out of the engineering institutions annually which keep growing year after year. Out of the present 23,000 engineers who graduate every year from Tamilnadu, 13,000 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. 36 crores in 1994-95 to a phenomenal Rs. 400 crores in 1997-98 and continues to grow at a CAGR of over 70%. The hardware exports in the year 1997-98 are in excess of Rs. 700 crores. With over 15,000professionals presently working in Tamilnadu, we have one of the largest pools of software professionals in the country.
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