Manali Business and Economy


Manali business and economy has been developing at a very fast pace. The economy of Manali is mainly based on horticulture and tourism. A number of fruits like pears, apples, orange was first grown in Manali by British settlers who realized that the climate and the soil of the region was perfectly suitable for the cultivation of fruits. The fruits that are grown in Manali fulfill the local requirements and also in other parts of India also.

Some of the banks which are providing various financial services in Manali are:
  • Kangra Central Co-op Bank
  • State Bank Of India
  • Punjab & Sind Bank
  • Punjab National Bank
  • Himachal Gramin Sanchayaka
  • UCO Bank
  • Bank Of India
Tourism industry of Manali plays a vital role in the economy of the state. The natural beauty of the region attracts huge number of tourists, thus generating both jobs and money for the local people. The city is popular among the tourists for numerous temples, beautiful valleys, streams, rivers etc. The main economic activities in Manali are tourism, hospitality and other associated industries, like handicrafts industry, hand loom and power loom industry. The city has many Medium Scale Industries and Small Scale Industries engaged in the production of flour mills, spinning mill, mineral water bottling, food processing and ready made garments etc. Some of the very common businesses of the region are canned fruits, bottled fruit juice and other products like pickles, jams and jellies.





  Related Links  
     


     

Which States Share Boundary with China?India, in total, shares land borders with 6 sovereign countries. China is one of those. Below are the Indian states which share borders with the country. 1. Jammu and Kashmir This northern state of India is mostly located in the Himalayan mountains. It shares a… Read More...
Which States Share Boundaries with Pakistan? There are four states that share a border with Pakistan, namely, Jammu and Kashmir, Punjab, Rajasthan, and Gujarat. The India Pakistan Border is quite intriguing. Since India has installed 1,50,000 flood lights on… Read More...
Which Places in India Still Largely Speak Sanskrit?Sanskrit is considered as Dev Bhasha, the language of Gods. It has a history of around 3500 years. It used to be a primary language of ancient India. Its earliest form Vedic Sanskrit, was prevalent from 1500 500 BCE. However, it is fading… Read More...


EU GDPR Update:
MapsofIndia has updated its Terms and Privacy Policy to give Users more transparency into the data this Website collects, how it is processed and the controls Users have on their personal data. Users are requested to review the revised Privacy Policy before using the website services, as any further use of the website will be considered as User's consent to MapsofIndia Privacy Policy and Terms.
We follow editorialcalls.org for border and boundary demarcations