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Mysore - City Facts, PEST Analysis, Key Industries & Investment Opportunity Profile

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Report Summary Detailed PEST Analysis, Key Industries Analysed with Investment Opportunities in a Boon to Self Reliant India

Mysore - City Facts, PEST Analysis, Key Industries & Investment Opportunity Profile

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  • About
    Mysore is a beautiful city with lush green surroundings, well-sculpted temples, and splendid architectural buildings, attracting thousands of tourists year-round. It is the third-largest city in Karnataka based at the foothills of magnificent Chamundi hill. Mysore, known as the City of Palace, is a major tourist destination and the major income is generated by the tourism industry. Tourism is the major contributor to the economy of the city along with small scale industries and textile-based establishments.

    Mysore is also home to the weaving industry, bronze work, arts, and handicrafts made of sandalwood and salt and lime production skyrocketed in the city paving way for industrialization which helped into economic growth. As a result of growth and expansion, this city is engaging more in developing existing infrastructure and since tourism is the major grosser, it’s evolving growth prospects offer viable investment opportunities. Major industries like tyres industry, Textiles, Electronic Systems, Silk Factory(KSIC) and information Technology have the great potential to become the leading opportunity areas for investment. Also, Mysuru is emerging as an IT hub with the second-largest software exports in the city, places Mysore as the front runner to be a ‘Next - Best' City for Global Industrial Offshoring in India.

    Major Industries Include – Information Technology & Services, Tourism, Textiles, Wood & Furniture, Pharmaceuticals, Agro Based Products, Leather, Metals & Minerals, Electronics
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