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Locational Advantage

Mahendra NextWealth is located in Mallasamudram, in Namakkal District, a 30 minutes drive from Salem. Salem is approximately a Three hours drive from Bangalore and about Six hours South-West of Chennai. Our Four Floor Incubation center that has a capacity of 350 seats is located in a lush green 130 Acres sprawling campus that houses Three Engineering Colleges and One Polytechnic. The facility is located in a 50 KM radius of the three districts mentioned below.

Salem is the fifth largest city in Tamil Nadu. Salem boasts of a large Textile Industry, Steel Plants, Automotive Components, Poultry Farms and Sago Industries. Being one of the fastest growing Tier-II cities, the Tamil Nadu Government and ELCOT have established an IT/ITeS Special Economic Zone (SEZ) on the Bangalore-Salem highway covering about 160 Acres. In the recent past, there have been a few IT/ITeS companies that have setup their offices because of the potential available. According to the 2011 census, Salem has a population of ~ 3.5 Million with a literacy rate of ~ 75%.

Namakkal is the first ISO 14001:2004 certified municipality in Asia for Environmental Management specifically for maintenance of water supply, solid waste & sewage management, town planning, lighting and other social services. Namakkal's economy is driven predominantly by the Truck Body Building Sector, Educational Institutions, Poultry Farm Sector and the Real Estate Sector. Namakkal is also the Second Largest Producer of Eggs in India. Namakkal has around 60 Engineering Colleges, Arts & Science Colleges, Nursing and Management Institutes. Namakkal has a population of around ~ 1.7 Million with a steadily growing literacy rate.

Erode is well known for Hand-loom, Power-loom textile products and readymade garments, thus earning the name of Textile city of India. Erode also is one of the largest market for Turmeric and also a leading producer of tobacco in Tamil Nadu. Erode has around 40 Engineering Colleges and Arts & Science Colleges. Erode has a population of ~ 2.2 Million with a literacy rate of over 70%.

With the ever increasing populace of educated manpower in these areas, it becomes that much easier for us to hire pre-trained manpower based on the resource requirements of our clients. We are able to scale-up much faster because of our strategic tie-ups with educational institutions and universities.

Do talk to us to know how we can partner with each other and take our relationship to a mutually beneficially relationship.