Eg : Silks
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Trade, Business and Industrial
The advent of corporates like Infosys and proposed plans of Wipro & TCS and a host of others have suddenly given Mysore a fillip to grow.
Traditionally, Trade & Business in Mysore is supported not only by the domestic consumption & a huge visitor base, but also because it is the epicenter for trade & business for the neighboring districts of Mandya, Coorg, Hassan, Chikamagalore & Chamarajanagar districts.
A case in point is the development of the automobile market at Mysore. While Mysore accounts for about 350-400 new car purchases every month, it also accounts for about 350 pre-owned car purchases every month with buyers & sellers coming from neighbouring district. Mysore also services the car service & painting markets of neighbouring districts.
A look at Devaraj Urs Road will throw open the eyes to any brand marketer that all the leading brands are already available here. The mushrooming of A.T.M.s adds to the ease with which banking is done.
Mysore also plays the main market for agricultural produce. A look at the famed Devaraja Market, which caters to domestic consumption and the regulated market will give an indication of how the system works.
Mysore division also stands first in freight movement with the Railways recording huge growth. The road transport sector has evolved into a good role model for smaller cities to emulate.
Mysore plays a dominant role in certain businesses that have a direct relation to the investments the city has made in the past towards its culture, infrastructure, education, research institutions and agriculture. Mysore has been able to develop & attract considerable investments in the following fields :
1. Handicrafts Exports
2. Agarbathi Manufacture & Export
3. Beedi Manufacture & Export
4. Agricultural Produce
5. Automobile / Engineering Industry
6. Agricultural Produce
7. Pharma
8. Textiles
9. IT & Telecom
10. Tyre / Tube Mfrs.
Mysore is the leader in the world when it comes to producing Handicrafts. A visit to either Cauvery Handicrafts Emporium on Sayyaji Rao Road or the Ramsons’s Handicrafts showroom near the zoo gardens will testify to the quality and the range of products that the city has to deliver.
The world famous Mysore Silk famous for its sensuous feeling gets manufactured in its plant at Mysore. Mysore & Bangalore account for more than 60% of the incense stick manufacture & export with leaders like N. Ranga Rao & Sons, Vasu Agarbathis & Aravinda Parimala Works situated in the city along with 20-25 more units.
The largest exporter & manufacturer of Beedies, Mangalore Ganesh beedies has their head office at Mysore.
The earlier existence of the motorcycle mfg. co. Ideal Jawa Pvt. Ltd. attracted a host of ancillary industries and nurtured a skilled workforce. Capitalising on this environment, industries like BEML, TVS industries, Automobile Axles, Rane Madras, L.G. Balakrishnan & Co. Amalgamations Repco &India Pistons Repco have set up shop. The investments made by the first three of them at Mysore in the production capacities is ample proof of the city’s capabilities in providing a suitable climate and skilled workforce for automobile companies to set up shop.
Central Government research institutions, the CFTRI and DFRL situated at Mysore have been able to provide technological support to a number of small - scale industries in the food-related sector. Complementing this are the big names in the industry like Nestle, Hindustan Levers, Godrej Foods,Jagdale Group etc. which have considerable manufacturing capacities at Mysore.
Mysore has also been able to attract pharma majors like Reckitt Benckiser, Jubilant Organosys etc. Household brands like Crocin, Dispirin etc. are manufactured at their base in Mysore. The advent of ‘Reid & Taylor’s huge manufacturing base has catapulted Mysore into a small Manchester.
J.K.Tyres & Dunlop with a considerable investment on tyre manufacturing units have provided a good impetus to industrial growth.
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