 Ford is planning to invest $500 million in Chennai plant.Several Petrochemical companies like Chennai Petro Chemicals Limited (Manali Refinery), Manali Petrochemicals, Petro Araldite and Orchid Pharmaceuticals are situated in the outskirts of Chennai.Chennai will turn out close to 1.5 million vehicles a year, more than any one U.S. state made last year A New Detroit Rises in India's South – WSJ.com.The city is also home to some of the world's largest Automotive R&D facilities in the world, which include Nissan, Hyundai, BMW, Caterpillar and Daimler.