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Petrochemicals and processing [ edit ]
The Kudremukh Iron Ore Company in Mangalore
BASF ,[5] [6] Mangalore Refinery and Petrochemicals Ltd. (MRPL) , Mangalore Chemicals and Fertilizers Ltd. (MCF) , Kudremukh Iron Ore Company Ltd. (KIOCL) , Hindustan Petroleum Corporation Limited (HPCL) ,[7] Bharat Petroleum Corporation Plant (BPCL) ,[8] Indian Oil Corporation Limited (IOCL) ,[9] ONGC Mangalore Petrochemicals Limited (OMPL) , JBF Petrochemicals[10] and Total Oil are the major petrochemicals and processing industries in Mangalore.[11] One of the largest SEZ in India, the ONGC - Mangalore Special Economic Zone is in Mangalore. MRPL, the only refinery in the state, will soon get a Navaratna status. Mangalore Chemicals & Fertilizers (MCF), the only fertilizer factory in the state, is situated at Baikampady . HPCL has its oil refinery at Mangalore.[12] [13] BPCL has established an LPG plant near the New Mangalore Port.[14] BASF has established a Research and development (R&D ) centre at Mangalore.[15] [16]
At the Mangalore Special Economic Zone, in a new 15 million tonne refinery, petrochemical plant and power and LNG plants, The Oil and Natural Gas Corporation (ONGC ) plans to invest over Rs. 35,000 crore. Of the country, this will be the first Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR).[17] India has built 5.33 million tons of strategic crude oil storages at Mangalore, Padur (near Udupi ) in Karnataka and at Visakhapatnam to ensure energy security.[18] [19] [20] Mitsui , a Japanese conglomerate has planned to set up an LNG terminal in Mangalore.[21]
Logistics and Shipping [ edit ]
Interlog Services, a French logistics firm has established its office at Mangalore Hills.[22] [23]
The table below lists some of the Logistics and Shipping companies situated in Mangalore.
Ship building [ edit ]
Bharati Shipyard Ltd (BSL) (now known as Bharati Defence and Infrastructure Limited) has established its ship building site near Tannirbavi in Mangalore.[33] Mangalore is the 6th shipyard established by BSL. Cargo ships are built here which have a maximum length of 120 meters.[34] BSL's subsidiary, Tebma Shipyard Limited has a ship manufacturing site at Malpe , which is 56 km from Mangalore city.[35]
Manufacturing industries [ edit ]
Sequent Scientific Ltd. is a Pharmaceutical company, and has its manufacturing unit at Baikampady in Mangalore.[36] Syngene International, a contract research arm of Biocon , has set up its manufacturing plant at Mangalore SEZ.[37] [38] [39] Solara, a pharmaceutical company also has its manufacturing unit in Mangalore.[40] Hindustan Unilever has set up a factory in Boloor which produces mainly Rin detergents.[41] [42] Suzlon has established its wind energy generation plant at Padubidri near Mangalore. Suzlon Energy plans to manufacture REpower wind turbines at its plant near Mangalore.[43] Bakery and confectionery industries are also found in Mangalore; Gyp-gyp-gy[44] and Narans[45] are a few among them. Primacy Industries Ltd. in Mangalore manufactures scented candles and exports them to Europe , United States and the Middle-East .[46] [47] Catasynth Speciality Chemicals, a manufacturing facility of Anthea Group has its office in Mangalore.[48]
Banking and Finance [ edit ]
Corporation Bank headquarters at Pandeshwar in Mangalore
Four of the twenty banks nationalized during the first half of the 20th century were established in Mangalore .
Karnataka Bank Limited was established on 18 February 1924 in Mangalore.[49] In addition to these, two banks were established in nearby towns. Corporation Bank was founded in Udupi by Khan Bahadur Haji Abdulla Haji Kasim Saheb Bahadur in 1906,[50] and Syndicate Bank was co-founded in Manipal by T M A Pai , Upendra Ananth Pai and V S Kudva in 1925. While Karnataka Bank Limited is still headquartered in Mangalore, Canara Bank [51] is headquartered in Bangalore .
The Mangalore Stock Exchange (MgSE) was incorporated on 31 July 1984 as a public limited company . The company was granted recognition as a stock exchange on 9 September 1985.[52] It was de-recognized by the Securities and Exchange Board of India (SEBI) on 31 August 2004.[53] [54] Appeals by the Stock Exchange to overrule this order have been subsequently rejected on 2 November 2005 and 4 October 2006.[55]
Robotics and Automation [ edit ]
Mangalore Robautonics Pvt Ltd is a company that designs, develops and manufactures Robotics and Automation systems for agricultural, industrial and consumer sectors.[56] [57] [58]
Information Technology (IT ) [ edit ]
Infosys campus in Mangalore
Major information technology (IT ) and software companies like Infosys ,[62] [63] Cognizant Technology Solutions ,[64] [65] Endurance International Group [66] [67] and Thomson Reuters [68] have their branches at Mangalore.[69] Tata Consultancy Services (TCS) has planned to invest ₹ 500 crore (US$59.91 million) and setup its office at Karnad near Mangalore.[70] [71]
Other multinational software companies having their presence in this coastal city include Novigo Solutions, MResult, Riskonnect (specialized in Risk management),[72] Coresight Research (specialized in Artificial Intelligence, Analytics and Blockchain),[73] Arkieva (specialized in Supply Chain management)[74] and Tetherfi (specialized in Virtual Banking and Automation).[75] Mphasis BPO has one of its branches at Mangalore.[76] KEONICS has planned to set up an IT park in Mangalore, similar to Electronic City , spanning an area of 100 acres.[77]
Food processing [ edit ]
Campco has its chocolate manufacturing plants at Baikampady and Puttur near Mangalore.[78] The plant produces chocolates and other products of cocoa both under its own brand and also for Nestle .[79] Achal Industries has built its cashew processing plant at the Baikampady Industrial Estate in Mangalore.[80] Ideal Ice Cream Factory , situated at Kottara Chowki in Mangalore, manufactures over 40 flavours of ice-creams.[81] [82] Mangalore also houses the edible oil refinery of Adani Wilmar .[83]
Industry
Location
Campco Ltd
APMC Yard, Baikampady, Mangalore
Achal Industries
Industrial Area, Baikampady, Mangalore
Mangala Cashew Industries (DVK Group)[84]
Padavinangadi, Mangalore
Kalbavi Cashews[85]
Industrial Area, Baikampady, Mangalore
Ideal Ice Cream Factory[81] [82]
Kottara Chowki, Mangalore
Spectrum Industries[86]
Yeyyadi Industrial Estate, Mangalore
Cruise tourism [ edit ]
Norwegian Star , a Cruise ship docked at the New Mangalore Port
Various cruise ships such as Regent Seven Seas , Norwegian Star , Oceania , Celebrity , Costa , AIDA , Nautica and Royal Caribbean International have visited the New Mangalore Port.[87] [88] Foreigners can enter Mangalore through the New Mangalore Port with the help of Electronic visa (e-visa).[89] Cruise ships from Europe , North America and UAE arrive at New Mangalore Port to tour the places around Mangalore.[90] [91]
Startups [ edit ]
Government of India has planned to make Mangalore the first startup district in the country with 20 tinkering labs and incubation centres .[92] [93] The startups aim at providing solutions in agriculture, health, education and information technology.[94] Centre for Entrepreneurship Opportunities and Learning (CEOL) - the first startup incubation centre of Coastal Karnataka is present at Mallikatta in Mangalore city.[95] [96] Government of Karnataka has planned to make Mangalore an Animation hub for the State.[97]
Research and Development (R&D ) centres [ edit ]
There are 3 Research and Development (R&D ) centres near Mangalore. They are
BASF - located at Katipalla[15] [16]
Central Plantation Crops Research Institute (CPCRI) - located at Vitla [98]
National Research Centre for Cashew (NRCC) - located at Puttur [99]
Special Economic Zones [ edit ]
The following special economic zones to be located in and around Mangalore have been approved by Board of Approval, Government Of India & Under establishment.[100] [101]
Location
Status
Name of Promoter
Multi Product Special Economic Zone - 588 hectares
Attracted Rs.13,000 crores until date with exports from units exceeding Rs.2,500 crores.
Mangalore SEZ Ltd .[102]
Infosys - IT&ITES SEZ - 125 hectares
Notified and 1st phase operational
Infosys Tech. Ltd.[103]
Thumbay, Bantwal , Dakshina Kannada District - IT/ITES SEZ - 10 hectares
Formal approval and notified. Under Implementation.
B.A.Tech Park Pvt. Ltd.[104]
KIADB - IT&ITES SEZ - 203 hectares
Formal approval
Karnataka Industrial Areas Development Board[105]
EPIP Indl.Area, Ganjimutt , Mangalore - IT/ITES SEZ - 10 hectares
Formal approval
Nitesh Estates Private Limited[106]
EPIP Indl.Area, Ganjimutt, Mangalore - IT/ITES SEZ - 10 hectares
Formal approval
Brigade Enterprises Private Limited
EPIP Indl.Area, Ganjimutt, Mangalore - IT/ITES SEZ - 10 hectares
Formal approval
Kinfotech Software Pvt. Ltd.
Padubidri, Udupi District . - Hi-tech Engineering SEZ - 259 hectares
Notified and 1st phase operational.
Suzlon Infrastructure Ltd.[107]
Fishing [ edit ]
Fishing in Mukka , in Mangalore taluk
Fish is one of the widely consumed food in Mangalore.[108] Old Mangalore Port is the fishing port in Mangalore.[109] The city has an ice factory on the banks of Netravati river and fish meal processing industries.[110]
Traditional commerce and industry [ edit ]
Tile industry [ edit ]
Although the tile industry has been in decline due to the predominance of concrete in modern construction, Mangalore tiles were exported to East Asia, Europe, Australia, Africa , and the Middle East.[111]
Arecanut industry [ edit ]
Arecanut industries are small-scale operations.[112] Arecanuts are cultivated in the hilly regions towards the east of the city.[112]
Leaf spring industry [ edit ]
The leaf spring industry has its presence in Mangalore, with Canara Workshops Ltd. and Lamina Suspension Products Ltd. in the city.[113]
See also [ edit ]
References [ edit ]
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External links [ edit ]
Media related to Economy of Mangalore at Wikimedia Commons
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Economy_of_Mangalore&oldid=1227474135 "
C a t e g o r y :
● E c o n o m y o f M a n g a l o r e
H i d d e n c a t e g o r i e s :
● A l l a r t i c l e s w i t h b a r e U R L s f o r c i t a t i o n s
● A r t i c l e s w i t h b a r e U R L s f o r c i t a t i o n s f r o m M a r c h 2 0 2 2
● A r t i c l e s w i t h P D F f o r m a t b a r e U R L s f o r c i t a t i o n s
● A r t i c l e s w i t h s h o r t d e s c r i p t i o n
● S h o r t d e s c r i p t i o n i s d i f f e r e n t f r o m W i k i d a t a
● U s e d m y d a t e s f r o m D e c e m b e r 2 0 1 8
● U s e I n d i a n E n g l i s h f r o m D e c e m b e r 2 0 1 8
● A l l W i k i p e d i a a r t i c l e s w r i t t e n i n I n d i a n E n g l i s h
● C o m m o n s c a t e g o r y l i n k f r o m W i k i d a t a
● T h i s p a g e w a s l a s t e d i t e d o n 5 J u n e 2 0 2 4 , a t 2 3 : 0 7 ( U T C ) .
● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
● P r i v a c y p o l i c y
● A b o u t W i k i p e d i a
● D i s c l a i m e r s
● C o n t a c t W i k i p e d i a
● C o d e o f C o n d u c t
● D e v e l o p e r s
● S t a t i s t i c s
● C o o k i e s t a t e m e n t
● M o b i l e v i e w