Mangaluru (Mangalore) Business and Economy

Mangalore-business and economy go hand in hand. Business generates revenue, which adds up to the economy of the state.

On the other hand, it is the economy, which determines the course of business. If there is a boom in Mangalore economy, there would be a boom in business as well.

There are plenty of opportunities and benefits of starting a business at Mangalore. First of all, one can easily get the required manpower and raw materials. Moreover, the infrastructure of Karnataka is an added advantage. With the arrival of IT companies, the infrastructure of the state has undergone a sea change. And the change has ultimately benefited the business organizations of the state.

The economy of Mangalore relies a lot on its business organizations. Apart from that, the other key factors that determine the flow of economy and business in Mangalore is the power supply. The city gets power supply through the Mangalore Electricity Supply Company, which is regulated by Karnataka Power Transmission Corporation Limited (KPTCL). Plans are in progress regarding increase in the supply of electricity so that the city does not have to face long power cuts, which are hindrance in the way of progressive economy.

The prosperity of business and economy at Mangalore also depends upon the banking and financial sector. It is the financial institutions that help the business organizations with funds for their investments. The business organizations utilize these funds to generate revenue, which increases the economy of the city.

There is wide scope for Mangalore-business and economy because of the following reasons:

  • Minimal law and order troubles
  • Stable government
  • Vast pool of human resources

Last Updated on 21 September 2011



Which is the longest National Highway in India?Previously known as National Highway 7, National Highway 44 (NH 44) is the longest-running National Highway in India. It is 3,745 km long and covers the North-South Corridor of NHDP. It starts from Srinagar in the north and ends in Kanyakumari in the south. NH-44… Read More...
Which Indian state is the largest producer of silk?Karnataka is the largest producer of silk in India. The state produces an average of around 8,200 metric tonnes of silk every year, which is about one-third of the total silk production in India. Up to November 2017, Karnataka has produced 5,962 metric tonnes of… Read More...
Which is India's poorest state? As per the National Family Health Survey 2015-16 (NFHS-4), Bihar is India's poorest state with 43 percent incidence of Multidimensional Poverty (MDP) and having more than 50% households in the bottom wealth quintile. Despite India being… 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 for border and boundary demarcations