Ad Here  
Focus on increasing ethanol production... Unique Tirupur water supply scheme Bitter state of the sweet sector Schwing Stetter forays into tower crane business Weaving wealth... Chaos at Chettinad house Our own Silicon Valley Weaving knowledge and wealth TEAM BUILDING AND NURTURE LEARNING… Rise and fall of India’s calcium carbide industry To make companies TN their home... Bonanza in locked lands... ‘Swachh’ city... Knitting for the globe Water, water everywhere… High sugarcane prices crush industry Indian majors’ industrial hub Health insurance on growth curve Largest blast furnace at Burnpur All that glitters… Dynamic pricing is so destructive! Needed – a strong machine tool industry Samarapungavan and Sankarabharanam Sugar as a byproduct of sugar mills… Safe bet on solar LMW: Spinning Success... The year of resurgence... Platinum years of engineering innovation, building skills... On the banks of Bhavani Amazon runs into trouble with Karnataka government Powering industrial dreams... Textiles: a stitch in time Crafting spaces to excellence Aavin leads second milk revolution Radiant Rajasthan... Changing face of Bhiwadi Give fridges and washing machines free... Bland skies henceforth? Marching Towards Navratna Farmer’s Friend Pearl city to port city I scream... Tap the big land resource Yen for research and development Mediville amidst a modern industrial complex The city never sleeps No break for growth... Cognizant to buy out TRiZetto for US $ 2.7 Bn Kalinga Plant ready to ROLL Centre of modern industrial temples Changing horizons.... TN lost several Tata projects… Ports-gateways to trade... A positive sign for Make In India Windfall in locked lands Silk city to auto city Tractor Industry in low gear Manpower for plastics... Growing industrial outpost Queen of industrial clusters Power position brightens A silent revolution at Sowripalayam The Indian punch to global FMCG giants! Automatic cars zip ahead... When Chennai caught up with Petro-boom...
The city never sleeps

Madurai’s history dates back to the Tamil sangam era two millennia ago with commerce, sea faring, art and literature. It flourished under the Pandya kings and later under the Nayaks. It reached new heights in art and architecture. Sri Meenakshi Temple, Azhagar Koil and Thiruparankundram attract pilgrims in lakhs.

Once upon a time, the city was a strong centre for handlooms, silk weaving, pottery and leather. In due course it became a strong centre for textiles. In the 20th century, the city emerged as a strong industrial centre. A & F Harvey Mills, Madura Coats, Sundaram Textiles and Thiagarajar Mills laid a strong base for industry.

There are three major industrial estates in Madurai: at K. Pudur, Kappalur and Urranganpatti. A functional electrical and electronic industrial estate has been established at Kappalur.


Madurai = TVS

Madurai became synonymous with TVS after T V Sundaram Iyengar pioneered road transport in the region in 1911. TVS evolved into a mighty conglomerate built on the three base units namely, T V Sundram Iyengar & Sons, Southern Roadways and Sundaram Industries. TVS earned a reputation for the quality of its bus services. The evolution of the family in the transport sector is breath-taking: dealing in vehicles and spare parts, tyre retreading, bus body building, rubber products, seating systems, fuel injection equipment, auto electricals, production of a vast range of sophisticated auto components and exporting these in large volumes.  Then came the production of three-wheeler and two-wheeler tyres. The family diversified into insurance, vehicle finance, logistics, information technology, financial services, healthcare, education and vocational training.

The evolution has been so rational and so massive!

The region houses TVS Tyres, that accounts for the largest share of two-wheeler and off-the-road tyres; TAFE famous for its high quality tractors and other farm implements; and Fenner India, leader in V belts. Of course Sundaram Fasteners is a flourishing large industrial enterprise here. The city has good infrastructure with a strong road network, rail connectivity and an international airport. The proximity to Tuticorin Port with four-lane road connectivity is another big advantage.


The game changer

The massive Madurai-Tuticorin Industrial Corridor project promises development of the entire stretch. SIPCOT proposes to setup an industrial park in the corridor.

The government believes that this Corridor would attract Rs 190,000 crore of industrial investments over the next 10 years. The state government recently launched a Special Purpose Vehicle (SPV) for its quick implementation. The upcoming new railway line from Madurai to Tuticorin via Aruppukottai and Ettayapuram would serve as the backbone for the development of this corridor.

Like Chennai and Coimbatore, Madurai is a well-known educational hub. American College (1881), Madura College (1889), Thiagarajar College (1948) and Fatima College (1952) are some of the premiere institutions of the city.  The Madurai Kamaraj University has earned a reputation especially for its work in bio-technology.

The city is the most preferred destination for tourists. Nine million domestic tourists and half a million foreign tourists throng Madurai annually. Sri Meenakshi Amman Temple, Tirumalai Nayakar Mahal and Gandhi Museum are some of the most seen attractions of the city. Meenakshi Amman Temple receives 15,000 visitors per day and it is in the top-30 list of the New Seven Wonders of the world. Madurai serves as a transit place for religious tours to southern towns like Palani, Tiruchendur, Rameswaram, Kanyakumari and places in southern Kerala.  Proximity to the hill station of Kodaikanal is another of its attractions.


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236