Economic Perspective of Madurai for Job Opportunities and Companies in Madurai

We are going to see a snapshot or a perspective of Madurai in terms of Economy, Job Opportunities, Employment and also in terms of Companies in Madurai.

I am seeing reports, if you are in business, you will have to use or have an Internet part of your business whatever business you are in. If you are a full-fledged Internet business that is well and good, because that is the future of advertisement and Marketing, next to the Television anyway all the times. Apart from that, if you are in any other business, you will have to use Internet in some way or other in order for your success.

Having said that, other report says that by 2015, thousands of jobs has to be created in Madurai, Tamil Nadu and in India overall. Tier-II cities are the next big players, next to the metro cities. Given a situation in US etc., there will be more than one city in a state in good shape with all the infrastructure and in terms of business. And that will happen to India as well. Indian states will also have all the cities grown very well. Madurai, Trichy, Coimbatore will be in great shape next to the capital state Chennai in Tamil Nadu soon. Tier-II cities are being looked up by most of the businesses for expansion and also new entrepreneurs are willing to open their new company in these tier-ii cities, due to numerous advantages like - lesser rent and operating cost and lesser salary expenses compared to that of the Metro cities in India. Also the source of employment starts from the Tier-II cities like Madurai, Trichy and Coimbatore etc., hence it is easy to get employees here itself, rather than having the folks migrate to the bigger cities.

Overall, more companies has to be started or more branches of the companies has to be started in Madurai. more employment and more jobs has to be created in Madurai. Things has to change and improve soon in Madurai gradually and it is happening gradually. Automatically if more jobs are created in Madurai why people will migrate and also lifestyle will improve in Madurai and eventually things will be great in Madurai.

Government to go out proactively and ask for investments FDI?

Does government go out proactively and look for investments in the Country or State or in the city? is there a body of government which works on these lines?

I might be ignorant in this matter, but if there is one I would be glad.

I assume this body of government has to project the facilities, benefits provided by the government for the any investors into the Country or State or the City.

Let us take smaller part of the country - a panchayat...no..let us take a little bigger than that. A City government - A municipality or a Corporation. Do the corporation officials go out and look for Foreign investments or other corporate investments in the country? I understand that there will be somebody in the corporation to talk to for investing in the city, but I strongly believe that there is no body of the corporation government who goes out and brings in business.

I suggest a Corporation has to function like a business or a corporate company, where there is a Sales or Business Development Manager or Executive who work for the benefit of the company and also have Foreign or Corporate Direct Investments into the City.

Corporation officials or Ministries - I suggest or recommend you to take this idea or tip or suggestion for the improvement of every City!

Improve Communication Skills and Spoken English - Madurai Sana Personality

Madurai Tirunagar to Madurai Airport Road Infrastructure Approved

It is a great news about Madurai infrastructure update.

Sponsored by OruAcre.com

Since there is IT park coming up in Vadapazhanji area in Madurai, it was evaluated that there is a possibility of lot of traffic from Tirunagar area and traffic from Theni area in future. If anybody has to go to Madurai Airport from Theni or Thirunagar area in Madurai, they have to go a long way via Palgalai nagar, Vadapazhanji, Thirunagar, Kappalur, Ring road to reach Madurai Airport. This leads too much time and lot of petrol wastage.

Hence, there was a proposal for a road from Tirunagar to Madurai Airport and it is approved by Tamil Nadu State Transport.

Great! It is an infrastructure improvement in Madurai and at the same time Madurai Real Estate will have great improvement in that area.

Good Madurai Improvement News in Internet - Dinamalar

I think I have written about this before in one of our previous articles - here it is.

I was looking around for Madurai news and all I was finding was about Madurai's civil cases - like someone killed somebody, divorce, suicide cases and some corporation news or at times "long-time same status" infrastructure news like Airport, IT Park etc., I really was looking for improvement or criticism news about Madurai with photos.

If that was not available, I thought of doing so. Anyway, I was able to find that kind of improvement news in dinamalar.

The issues like Lot of Posters are there in all kinds of walls in Madurai. The issues like animals are all around madurai and nobody cares about it. The issues like broken roads, crazy traffic in madurai and rules not being followed etc., The interesting thing is that the improvement or issues articles are posted with photos.

Check it out yourself.

Economy of Madurai as of Jan 2010 - a reality check

Please see my previous article about people in madurai and their classification based on salaries. That should tell about the different kinds of people in Madurai.

I have written a similar article in April of 2009 for Economy of Madurai - a reality check in 2009.

At any case - let us check the status now:

One major complaint in Madurai economy is there is no major manufacturing divisions started up. Anything started up recently are retail outlets, refined grocery outlets, service outlets of different companies, shops etc., which sell things, insurance, banking etc.,

Only when there are more than 70% manufacturing companies, then only there is a significant improvement in economy of Madurai. In fact, there is reduction in number of manufacturing companies. On those days, atleast Fenner was great. But there are countable ones - Fenner, TVS companies etc.,

Every individual who works thinks of a secondary income and gets the compulsion of starting off something by himself, while he does the day job. While this happens, they always end up doing only service stuff and they don't create anything.

It is always only a share of existing money in Madurai. Only when outside companies come into Madurai and invest and give employment opportunities to Madurai people then only we get the actual productivity of Madurai and improvement in economy of Madurai.

Anyway, overall - it is good for Madurai's entrepreneurs to grow with new thinking of starting something of their own.

There has to be big companies coming in and giving employment to 100s and 1000s of people in Madurai - then there would be some difference and impact in madurai economy. In fact, any government concentration is only on north and not in southern parts of tamil nadu. If they concentrate, then there would be significant contribution from Madurai and southern districts as well.

Successful 900th article in Madurai Times Blog/Publication - From Editor's Desk

Successful 900th article in Madurai Times Blog/Publication - From Editor's Desk

Thank You Note:
Thank you for everyone's support for helping us reach this stage.
We are proud to announce that we are able to serve the visitors from all around the world addressing their questions about Madurai and get to know the views, culture and new news/updates about Madurai. New ideas for improvements of Madurai, discuss the problems in Madurai and solutions of Madurai!

About the Blog:
This blog was started to kill the Home sickness of an NRI, but today this blog
"Madurai Times(Made In Madurai)" serves lot of NRIs and NRMs from different parts of the world with latest views, culture, experiences, vision, mission and updates of Madurai.

Though most of our actions today are online, we wish we will reach a stage when we will act offline as well for the improvement of Madurai. Please see New Madurai Foundation.

We wish Madurai Times Blog would soon become Madurai Times Publication, to revolutionize much more folks of Madurai in the world.

Madurai Improvement Thoughts:

Theme of problems:
For detailed problems in Madurai, see Problems list 1 and Problems list 2. Read further here...

What is Madurai today? Madurai is still a historic place, like india it is a developing city - but never developed. Madurai is filled with gangsters and survival of the fittest proves physically only. Madurai's talents are moving out of Madurai for employment and career improvement to other cities, due to under-industrialization and under-IT ecosystem.

Madurai's potential relies on Tourism for ages together - but not tapped to the full extent - at least not to my satisfaction. Madurai is great for IT and ITeS operations, but not completely used. Madurai is great for an export oriented facilities. Madurai is under-infrastructured in terms of air and road.

There is a great talent pool which is still connected to Madurai, but lives outside Madurai. Whoever is living in Madurai are speechless and helpless under the clutches of the political and physical powers.

Solution snapshot:

If there is a strong force of NRIs and NRMs coming and settling in Madurai, that would change a lot of Madurai to Great Madurai. Do you understand what I am saying?

If there is a strong self-driven REVERSE-BRAIN-DRAIN happens in Madurai, then no one can stop Madurai's improvement!

Here is how I am thinking reverse brain drain to Madurai will help Madurai become GREAT MADURAI.

1) All the NRIs and NRMs(Non-Resident Maduraiites - say b'lore/hyd/chennai living) would start businesses.

2) Lot of legal money would pool into Madurai.

3) Great Teachers with new(international) perspectives would mould children to a great future.

4) There will be lot of Non-Profit Organizations(Non-Governmental Organizations - NGOs) started, noticing/realizing the unacceptable behaviour of Madurai.

5) New employment opportunities would happen, due to new businesses and industries.

6) World class Medical facilities and medical professionals would be available for help in health.

7) There would be a strong need to make Madurai like Singapore or any other country.

This would change MADURAI TO GREAT MADURAI AND NEW MADURAI

Would you agree with my thinking? Thank you for listening and visiting Madurai Times Blog!!!

- Madurai Times Editor!
email:maduraitimes@gmail.com

Significance of the photo - MS Subbulakshmi is similar to Madurai. She is elderly but a great person. She is a legend from Madurai and the photo shows she is lighting us the light to kick-start for Madurai's Improvement and road towards Great Madurai!!

Madurai Slums and Madurai Microfinance help

Madurai Slums and Microfinance help

When researchers met with people living in slums in Madurai, during a research, people brought the sufferings that they faced with the private money lenders. With no hope to get small business loans from financial institutions, people living in slums that would like to start up small businesses had to turn to illegal lenders charging a hefty high monthly interest. Moreover, they are totally shut out from professional help on starting and running a small business. In order to let the lives of people living in slums to be self-sustainable, as well as to help parents in Madurai to earn enough income to send their children back to school, we will have to decide to start micro credit and micro finance programs in Madurai.

In general, the rate of repayment of the loans is expected to be 99%. Micro-credit can be provided to the community for carrying out the following activities:

1. Flower Vending
2. Tea Stall
3. Cloth Vending
4. Sugar Cane Juice
5. Grocery shop
6. Milk Vending
7. Tricycle
8. Vegetable Vending
9. Sewing Machine
10. Idly Shop
11. Bakery
12. Fancy Store
13. Bottle cap
14. Dry Fish
15. Petty Shop
16. Basket Making
17. Rice Grinding
18. Ironing
19. Goat rearing
20. Selling toys

If you are a self-sufficiently budgeted person, you could try this project?!

Madurai in NASSCOM India city quadrant

Sponsored by OruAcre.com

You can see where Madurai is in the quadrant, prepared by Nasscom, India.
If you are not aware of how to read quadrants. Let me help you -

You need to read from the right top in an anti-clockwise direction.
Leaders, Challengers, Followers and Aspirants.

Madurai is in Tier-II and it has high potential for growth and prosperity. High time improvements in future industries.

I am very excited about this location of Madurai in this quadrant. This is a great input for the reason to buy lands in Madurai.

This message is sponsored by "Sun City Real Estate Agent, Madurai" and "Made in Madurai".

Madurai Improvement Letter - undated

Teppakulam at Town Hall Road, Madurai

Sam Kappa Venkatesh writes:

Teppakulam at Town Hall Road, Madurai

Once Holy Teppakulam of Perumal Kovil is now place of thorny shrubs.
I am writing about Teppakulam at Town Hall Road.
It was converted to rain water storage area unsuccessfully and still
we find rain water stagnating before Railway station whereas the Teppa
kulam remains dry.Worse atill drainage water from nearby hotels and
shops around are left into the Teppakulam.
Can the shops around the Teppakulam be removed and the Teppakulam be
used as a open space for fresh air,benches neatly laid (No Shops) with
steps on all four sides descending down.
Maybe with a small fountain at the centre.

What if Madurai does not develop and what will happen to Madurai in next 30 years?

What if Madurai does not develop and what will happen to Madurai in next 30 years?

This article is my own personal, individual prediction, thinking and not intended to hurt anyone.

My grandfather was born and brought up in Vadivelkarai, a village in Madurai. For job reasons, my father had to search and find job in Madurai, which is a major city near the village. When I completed my graduation, I had to move to Bangalore, Hyderabad, Chennai and US.

I am going to compare the same situation to Madurai today. Given that Madurai does not get any industries; Madurai is contaminated with same politicians and no development happens; Madurai does not improve its infrastructure; Madurai does not germinate more and more entrepreneurs, then in 20-30 years Madurai would become the same Vadivelkarai situation, as I explained in the previous paragraph.

Old, elderly people and last generation folks would only stay on in Madurai.
Politicians, Vatti-kku panam koduppavan, few government officials, Old shop owners.

I hope and trust this should not happen and I wish inverse of this happens. Madurai develops and a reverse brain drain happens. Everyone from Madurai who have gone out of the city should come back and develop the Madurai city.

Karur Hospital upgrades

Six Government hospitals in Karur district are set to get new and additional buildings at an estimated cost of Rs 7 crores. Civil works have commenced for the projects. It has also been planned to upgrade facilities in 270 Government hospitals across the State at a cost of Rs 55 crores.

Official and Latest News on Madurai IT Park: Madurai Tidel Park: Madurai Airport - Foundation Stone for New Terminal Building in Madurai Airport

Sponsored by OruAcre.com

Official and Latest News on Madurai IT Park: Madurai Tidel Park: Madurai Airport - Foundation Stone for New Terminal Building in Madurai Airport

Sponsored by Sun City - Real Estate Agent, Madurai

On the evening of 26th of April, Chief Minister Kalaignar M. Karunanidhi is laying a foundation for three important things -

1) Airport Expansion to International Terms - New Terminal Foundation.
2) Madurai Tidel Park in Madurai North - near Mattuthavani
3) Madurai IT Park in Madurai South

This function is scheduled to happen this weekend on 26th of April in the Madurai Airport.

We are very glad about the whole news and it is going to change everything in Madurai to a very new positive level.

Tamil Nadu (CM) Chief Minister M Karunanidhi will lay the foundation stone for a new Integrated Terminal Building at Madurai Airport on April 26.

Official sources said as part of the modernization of the Madurai Airport, the Integrated Terminal Building which could handle 500 passengers at a time would come up.

Mr Karunanidhi will also lay the foundation stones for the much awaited Madurai North Ilandhaikulam Information Technology Park and Madurai South Vadapalanji Information Technology Park at a function to be held at the Madurai Airport on the same day.

Union Minister for Shipping, Road Transport and Highways T R Baalu and Union Minister of State for Civil Aviation Praful Patel would also participate, the news sources added.

Exponential growth in Coimbatore

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THE industrial and textile city of Coimbatore is in the throes of a big change. For the past three years, it has witnessed ceaseless activity in every area – real estate, foundry, engineering industry, civil aviation, information technology, textiles, hospitality, health care, education and poultry farming. However, the resulting economic boom has brought in its wake a host of problems, and the optimistic mood that prevailed earlier is now tempered with caution.

If the six-laning of the arterial Avanashi Road and the cutting down of hundreds of trees lining the road for this purpose are the most visible form of activity, there are numerous entrepreneurial activities taking place quietly. For instance, the construction of a massive Trade Fair Complex with five halls and with a total built-up area of 30,000 square metres. Two halls, big enough to hold industrial exhibitions, and a food court of international standards are the latest additions. The Trade Fair Complex is the flagship project of the Coimbatore District Small Industries Association (CODISSIA). It is gearing up to host the biennial Industrial Technological Fair from February 1 to 6. About 450 participants are expected to showcase different types of CNC machines, hydraulic presses, general engineering machinery, welding machinery, construction equipment, gearboxes, motor pumps, and so on. Fourteen foreign countries are also participating.

C. Muthusami, the low-profile president of the association, said: “CODISSIA is the first district association in India to own a trade fair complex. The complex is spread over 40 acres. The entire complex has been built without any assistance from the government. The first phase, which involved the construction of three gigantic halls, was completed in just 155 days.”

In April, Suguna Kalyana Mandapam will host a “Made in Coimbatore” exhibition organised by the Lions Club of Coimbatore Gems. The city has pioneered many products – wet grinders, household appliances and domestic and irrigation pumps, to name a few.

“What is not made in Coimbatore?” asked N.S. Kumar, chairman, Yenyeskey Machine Tools, Coimbatore, who is striving to make the exhibition a success. “The people of Coimbatore themselves do not know the range of products made here. Wet grinders were first made here. Different types of textile machinery have their origins in Coimbatore.” If there was hype about Coimbatore being the second information technology hub in Tamil Nadu after Chennai, it is becoming a reality. After a delay of about 15 months, the first steps have been taken for the construction of TIDEL Park, Coimbatore (TPCL). It is a joint venture of the Tamil Nadu Industrial Development Corporation (TIDCO), the Electronics Corporation of Tamil Nadu (ELCOT), the TIDEL Park and the Software Technology Park of India (STPI). The success of the TIDEL Park in Chennai has encouraged its promoters to build a second TIDEL Park, in Coimbatore, which will be a massive plug-and-pay building complex for IT companies. It will have three basements, ground floor and four upper floors, a total built-up area of 1,61,500 sq m. Bids have been invited for building this sophisticated complex with civil and allied works at an estimated cost of Rs.140 crore. The complex will come up at ELCOT’s Special Economic Zone (SEZ) for IT at Vilankurichi.

Sourcing from hikrish and hindu

Multi-product SEZ in Tirunelveli: Nanguneri Project: Nearby districts of Madurai

A memorandum of understanding to establish a multi-product first Special Economic Zone (SEZ) in Nanguneri, Tirunelveli, was signed in presence of Chief Minister M Karunanidhi at the Secretariat Thursday.

The estimated Rs 15,000 crore project will be implemented by Tamilnadu government with assistance from Tamilnadu Industrial Development Corporation (TIDCO) on 2,520 acres and aims to provide employment to 70,000 people. This is great for both job seekers and for the potential entrepreneurs.

The project would be jointly executed by TIDCO, AMR group of companies and AMRL International Tech City Ltd. The products that would be manufactured here include spareparts for engineering and medical utilities, electrical and electronic products, information technology, along with biological products and transportation units in the first phase.

sourced from news today net. a chennai based english news evening daily!

Madurai to contribute to TN(Tamil Nadu) software exports in year 2009

The special economic zones for IT-ITeS industry in Coimbatore, Madurai, Tiruchirapalli, Salem, Tirunelveli, Hosur and Vellore announced by the state government were with an intention of increasing the software exports, Tamil Nadu State Chief Minister Karunanidhi said.

Tamil Nadu's software exports are expected to cross Rs 26,000 crore during the current fiscal, state Chief Minister said in Chennai. Rs 14,400 crore in 2005-06, rose to Rs 20,700 crore during the previous fiscal.

It is expected to rise again to Rs.26000 Crore for the year 2009.

Read more here

Boost Refined Cotton Exports and Textile Park in Madurai

Boost Refined Cotton Exports and Textile Park in Madurai near Vadippatti, Madurai

Tamil Nadu Government and Central Government of India are planning to boost the production of refined cotton products in Madurai.

Due to uncontrolled exports of raw cotton to various countries, the production of refined cotton products is affected. The weavers are not getting enough raw cotton.
This is mainly felt in Karur and Tirupur too.

Union Minister of State, Mr.E.V.K.S. Elangovan announced that another textile park would come up in Madurai at a cost of Rs 70 crore, the funds for which had been allocated by the Centre. The state should select a site to set up the park. A site had already been selected at Vadipatti for another park in Madurai district at a cost of Rs 30-40 crore.

Please read more at Economic Times

Madurai's Potential Lost in past

What do you know about Madurai-TamilNadu?

You may know - Madurai is known as :
ATHENS OF THE EAST
TEMPLE CITY OF INDIA
LAND OF NECTARS etc...

You may Know - Madurai is famous for its :

Meenakshi Temple
Tradition and Culture
Fragrant-smell JASMINE Flowers
Granite Marble stones
Tasty Food etc.,

While asking experienced people - they'll reply :

Madurai lacks Industrialization so lost millions of its native people to other cities.

That is real truth ! Did you know one thing ?

Our Temple city Madurai is losing nearly 40,000 Graduates every year to other cities like Chennai, Hyderabad, Bangalore, Mumbai and losing 50% of its Man-power to the industrialised cities like Coimbatore, Tirupur and Erode due to Unemployment.

Just Imagine the status of our city if those people remained here for work! None of the previous Governments took efforts to develop the Historic temple city. We had lost a Second MetroPolitan city of TamilNadu - YES !!! - Our Madurai might have become a Metropolitan city some decades ago next to those 4 Cities like what PUNE,BANGALORE,HYDERABAD is now emerging!! If there was a proper Governance and Good Local Administration.

But Taking its Potential into account - Our Present State and Central Governments had come forward atlast to develop our City Madurai right now.

Do anyone of you know its results ?

MADURAI is the only Tier-II City which attracted the Investments for More than Rs.50,000 Crores in the last two years which is now equal to the same power of Metros and Mini Metro cities of India.

Since this article is about improvement of Madurai, sourcing it from another madurai well wisher - madurai gilli - all for wellness of Madurai!

International Flight by June in Madurai: Madurai Airport

Madurai Airport to have an international flight by June

In a recent CII meeting, Dindigul MP NSV Chitthan had said that there will be an international flight from/to Madurai to Singapore, Kuala Lumpur, Gulf Countries, Sri Lanka, South East Asia etc.,

Speaking at a function organised by the Confederation of Indian Industry (CII), Madurai Zone, to formally present the report on ‘Traffic potential at Madurai airport’, here, on Wednesday, Chitthan said that the Union Minister for Civil Aviation had given him an assurance on the operation of an international flight from Madurai by June when he represented the demand of the people in southern districts of Tamil Nadu to him.

Speaking on the occasion, T Kannan, former chairman, CII (Southern Region), underscored the importance to focus on second-tier cities to boost economic growth. Expressing concern over the absence of economic boom in the southern region of the State, Kannan said Mumbai, Bangalore and Chennai to a certain extent, were benefited by the boom that was sweeping the world while it was yet to reach other cities.

Please read more at new ind press