 Nokia Networks has decided to build a manufacturing plant for wireless network equipment in Chennai.Chennai serves as the headquarters for some of Asia's largest engineering procurement and construction companies like VA Tech Wabag, BGR Energy, L&T Construction, L&T Infrastructure Engineering, FLSmidth, Ramboll, Hyundai Engineering & Construction, Hyundai Engineering (HEC), Shriram EPC.Chennai has emerged as an Offshore Engineering hub due to the presence of Offshore Technology and Renewable Energy research institutions like Indian Institute of Technology Madras, National Institute of Ocean Technology, Center of Wind Energy Technology (C-WET), Indian Maritime University, Tamil Nadu Energy Development Authority (TEDA), Anna University School of Energy, etc.