Chennai, the ‘Detroit of Asia’, contributes a whopping 35% of India’s auto components sector and is home to many of the global auto majors such as Ford, Hyundai,BMW, Renault Nissan, Yamaha, Mitsubishi, Daimler Benz, to name a few. Beyond auto sector, its vast manufacturing base spreads across several verticals including aerospace, defence, electronics manufacturing, oil & gas, heavy industrials etc. representing a huge market for startups building disruptiveDigital and AI solutions for industrial applications.
On the other hand, Chennai with several top ranked technical institutions outputs the highest number of technically skilled manpower. Yet, the innovation capacity of this talent pool remains both underdeveloped and therefore under utilised. Forge aims to create an ecosystem to nourish and flourish industrial open innovations, bringing small to big companies access to future ready talent capable of exploiting futuristic technologies.
Driving transformation of Chennai’s manufacturing sector from components suppliers to tech majors in mobility and aerospace, to make it the undisputed Industrial-Tech capital of Asia.