Many heavy engineering and manufacturing-based companies are centered in and around the suburbs of Chennai (nicknamed by some, "The Detroit of Asia"). Chennai boasts the presence of global vehicle manufacturing giants like Ford, Caterpillar, Hyundai, BMW and Mitsubishi as well as domestic heavyweights like MRF, TI cycles of India, Ashok Leyland, Royal Enfield, Mahindra & Mahindra, TAFE Tractors and TVS. Everything from automobiles, railway coaches, battle-tanks, tractors, motorbikes and heavy vehicles are manufactured in Tamil Nadu. Heavy Vehicles Factory in Avadi was established in 1965. A large number of auto component industries are present around Coimbatore city. Karur is known for its bus body building industries where most of the buses used in south India are manufactured. Over 11.2% of the S&P CNX 500 conglomerates have corporate offices in Tamil Nadu. |
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