Ad Here  
Green energy, not really green? Missing, but not missing the top spot Need for an integrated approach to medicine Paranjoy on crony capitalism Mexico opens Consulate in Chennai Two friends trigger a change The curious case of Evgenii Berdnikov City Corner Chennaites lose 7 crore to debit card frauds Meters return to the metro Metro chugs the green way Water wars begin Planning the right energy Building highs and lows 60 years of cultural and economic ties Presto! Bravo! Safe Trac-keeps track on your safety Keep in touch, anytime anywhere State VAT leads to inflation: a study A skinny affair How to roast 45 human beings alive SGRI – a global research centre for building materials Maruti Suzuki wins NIQR award Google street view’s India competitor An industry institution link… City Corner-June India’s first online-only bicycle brand He made Ranganathan Street so crowded... Thrills for the holiday season Chennai Silks in flames Black outs will be knocked out Realty bytes A new technique to treat dry sewage Reality Check CMRL takes off till airport Chennai Metro looking for revival Chennai to Bengaluru as quick as pizza delivery The underground don zips through TTV stumps all Working space for women by woman The 20-year itch of Hindujas ends Tambaram tracks…. City Corner Read before you buy... Chennai gets its Imax Vanakkam Chennaiyin FC Prithika Yashini takes charge... Chevrolet Sail U-VA Launched Perplexing communications A budget that butted into deficit It is not only your noodle... The sweet tooth of the city Book your water tanker North Chennai booms A feast for book worms The auto gets a remake Murugappas-focus on consolidation Colourful welcome at the Saidapet station Outlays and outcome – the long gap Frontier Mediville attracts Japanese investments I know nothing else but cinema... Medical miracle! Ennore Port excels Aviation sector to grow three times... When Chennai became Venice Technologists to rescue Indian of the Year Metro chugs through the city Chennai, the noisiest city Yamaha in the news Car-free Bessy The sweet killer Apollo targets a third of CV tyre market Yes, you are safe! Coimbatore backs up for Chennai Water woes Indian media-operators of democracy When Marina became the Tahrir Square Chennai teachers rank low Talk your way and land in a job This dabba has a cure for all your ailments Engineering colleges lose lustre City Corner - Chennai India’s first 3D Museum Hawker’s paradise gets a permanent place Kollywood’s Mahabharatha Metro mania Tamil Nadu Premier League launched Doing business is not so easy in Chennai Know the start-ups in the city Self-sufficiency in dredging... K7’s Entrepreneurial Odyssey International conference on saving energy, environment Hey Chitti! please take my order Sathyabhamasat propels ahead Overflowing garbage Technology handshakes with sanitation Boozing and driving Bewailing monsoons the new fad Chennai soon to get an Aerospace Park The worst is yet to come Arnold visits Chennai Force Motors’ two new SUVs Cricket comes calling to Chennai Is Chennai now the accident capital? Pocket Therapist finds mention in Forbes Nilam threatens the city It’s so cool! Chennai airport to become solar-powered Online approval of layout plans Must visit of 2014 From trash land to tourist spot A praiseworthy peer recognition 377 yet young Star studded city A sweet marketing splash by Pattappas Million landmark and Rs. 200 crore influx by Yamaha The sunshine and the shadow side of this digital era When the crowd will miss the roar Education a cause of concern Raj Bhavan opened the gates for public
Doing business is not so easy in Chennai

AFTER THE stupendous success of the Global Investors Meet, one expects Tamil Nadu to top in business indexes. But the 

recent report of World Bank on ease of doing business states the opposite. 

Chennai ranked 15 among 17 cities followed by Kochi and Kolkata while Ludhiana topped the list. Under the ease of 

doing business category, Chennai ranked 10th. It takes about 34 days for a small startup with 50 employees to get registered here while the national average is 26 days. 

Under the ‘Paying Taxes’ metric, Chennai ranks lowest. There are about 68 tax payments to be made in a year and it takes about 292 hours a year to file the papers. 

The saving grace was the second and third ranking for cross-border trading and dealing with construction permits respectively. This shocking ranking provides an opportunity for the state to revamp and upgrade it systems to improve its business environment.

Author :
Reported On :
Sector :
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