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