Ambattur is situated in the Ambattur taluk near Chennai, in the Indian state of Tamil Nadu. It is a fast developing city that hosts residential localities as well as manufacturing units. Ambattur was earlier a village with large expanses of agricultural farmlands irrigated by the Ambattur Lake. The Ambattur industrial estate established in 1964, increased the growth and development of the region. Ambattur falls under the Sriperumbudur parliamentary constituency. It has more than half a million residents and the city is organized into 52 wards for able administration. There are three major waterbodies in Ambattur - the Ambattur Eri, the Puzhal Eri and the Chithu Oragadam Lake. Problems such as dumping of garbage, sewage, water mining and construction of buildings have severely threatened the upkeep of these water resources. The industrial units drive the economy of Ambattur. It was a renowned auto ancillary hub which was joined by many IT companies in the late 2000s. The city has several manufacturing units of military tanks, textile industries, railway concrete sleepers, etc. IT companies such as MilesTs, Dell, Tata Consultancy Services, HCL Technologies, etc. have their development centers in Ambattur. A variety of birds reside in and around Ambattur; several woodland birds and water birds visit the region.
The ICICI Bank is multinational financial services company. It has its corporate office in Mumbai, Maharashtra, India and its registered office in Vadodara, Gujarat, India. The ICICI Bank became the third largest bank in India concerning assets and fourth regarding market capitalization in the year 2017. The bank offers many products and financial services for its corporate and retail customers such as investment banking,non-life insurance, life insurance, venture capital and asset management. The ICICI bank had 4,850 branches and 14,404 ATMs in India alongside the global presence in 17 countries as of 2017. In the year 2000, the ICICIs shareholding in the ICICI bank was decreased to 46 percent in the public offering of shares in India; followed by an equity offering in the form of American Depositary Receipts listed on the NYSE. The Bank of Madura Limited was acquired by the ICICI Bank in an all-stock deal in 2001. The same year ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its five million American depositary shares.