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Chennai's economy has a broad industrial base in the automobile, computer, technology, hardware manufacturing and healthcare industries. The city is India's second largest exporter of software, information technology (IT) and information-technology-enabled services (ITES). A major chunk of India's automobile manufacturing industry is based in and around the city. Chennai accounts for 30% of the country's automotive exports and 40% of the auto components, which leads it to be called as 'The Detroit of Asia'. Chennai is an important centre for Carnatic music and hosts a large cultural event, the annual Madras Music Season, which includes performances by hundreds of artists. The city has a vibrant theatre scene and is an important centre for the Bharata Natyam, a classical dance form. The Tamil film industry, currently the second largest film industry in India, is based in Chennai. |