| |OCTOBER 202219contributed over 2.3 percent of the country's GDP and stood at $49 billion market value during the fiscal year 2018-19. The state of Tamil Nadu has around 100 major auto component manufacturers with an investment of $553.85 million, at present. The output is worth $1.2 billion with exports of $140 million directly employing about 45000 people. Over 350 tier-I to tier-III suppliers apart from 4000 SMEs under the tier-IV segment are located in Chennai and some of the best auto components manufacturers such as Visteon, Delphi, and others manufacture more than 25 percent of their components in the city. `DETROIT OF INDIA' According to recent reports, Tamil Nadu claims that Chennai is the largest contributor to the automobile sector in the country. This is in terms of industrial output. Chennai the capital city of Tamil Nadu is also known as the Detroit of Asia and Detroit of India owing to the presence of major automobile manufacturing units in the city. Also, the four-wheeler vehicles in this city are the base of 30 percent of the country's automobile industry and 35 percent of its automobile component industry. The city has an installed production capacity of manufacturing one car every 20 seconds, which is approximately three cars per minute, and one commercial vehicle every 90 seconds. Apart from the commercial industry, the Heavy Vehicles Factory has been established in Avadi with an aim to manufacture military-related vehicles. Not just that, the Combat Vehicle Research & Development Establishment - a new engine test facility is also located in Avadi, Chennai. Another place that is well-known for MSME industries is Ambattur. Located in the outskirts of Chennai is the Ambattur industrial estate that houses around 1000 MSME industries spread across 1200 acres. Furthermore, there are around 2500 tiny industries around the towns supporting these Medium and Small-Scale Industries.
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