Top companies in Hosur

Hosur’s strategic location, favourable business environment and proximity to Bangalore has attracted numerous companies from various sectors. Its rapid transformation from a quiet town to a thriving industrial and business hub is nothing short of remarkable. It is strategically situated on the border of Karnataka and Tamil Nadu, making it a major spot for businesses looking to tap into the potential of both states. It has also led to the expansion of the real estate sector, offering ample opportunities for both residents and investors. 

See also: IT companies in Mumbai

 

Business landscape in Hosur

The key players in Hosur’s business landscape are the automobile industry, manufacturing, IT, IT-enabled services,  agriculture and agro-processing, real estate development and many more. There are Special Economic Zones in and around Hosur, providing various incentives to attract businesses. Hosur has several educational institutions, including engineering and management colleges, which help in providing a skilled workforce for the industries in the region. The state and local governments have taken initiatives to promote industrial growth in Hosur by providing incentives and support to businesses.

 

List of top companies in Hosur

TVS Motor Company

Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers

Location: Haritha, Post Box no 4, Hosur, Tamil Nadu 635109

Founded in: 1979

TVS Motor Company is a trusted two and three-wheeler manufacturer globally. It has four manufacturing facilities at Hosur in Tamil Nadu, Mysore in Karnataka, Nalagarh in Himachal Pradesh and Karawang in Indonesia. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement, have a leading position in the e-bike market in Switzerland.

Ashok Leyland

Industry: Automobile

Location: Sipcot Ph. I, Hosur, Tamil Nadu 635126

Founded in: 1948

Ashok Leyland is a reputed name known for the 5,00,000 vehicles they have built. Four out of every five State Transport Undertaking buses are a gift from Ashok Leyland. It manages driver training institutes across India and has trained over 8,00,000 drivers since inception. Its training institutes are located in 9 locations across India.

Titan

Industry:  Fashion 

Location: Sipcot Industrial Complex, Hosur, Tamil Nadu 635126

Founded in: 1984

Titan is a subsidiary of the Tata Group, which mainly manufactures fashion accessories such as watches, jewellery and eyewear. It is headquartered in Electronic City, Bangalore. Its youth fashion brand Fastrack is a famous name among youngsters for trendy watches and accessories. 

Gabriel India

Industry: Auto-components

Location: Moranapalli Village, Hosur, Tamil Nadu 635109

Founded in: 1961

Gabriel India is ANAND’s flagship company. It has over 300 models of ride-control products. It is an automotive components manufacturer in India and among the best automobile companies.

Tata Electronics

Industry: Electronics

Location: Udanapalli, Hosur, Tamil Nadu 635119

The Tata Group is a multinational company with its headquarters in India and operates in more than 100 countries across six continents. Tata Electronics provides a large selection of products like electronics such as circuit boards, components, electronic appliances and more. 

AVTEC

Industry: Motor Vehicle Manufacturing

Location: Mathagondapalli, PO, Poonapalli, Tamil Nadu 635114

Founded in: 2005

AVTEC is a manufacturer of engines and transmissions, supplying critical auto components. It manufactures automatic transmissions and their components for off-highway heavy-duty vehicles like dumpers, loaders, and dozers and markets the complete range of transmissions for the on-highway segment from Allison range

TVS Sundram Fasteners

Industry: Manufacturing components

Location: Amritha, Hosur, Tamil Nadu 635109

Founded in: 1966

Sundram Fasteners is a global leader that manufactures components for the automotive, infrastructure, windmill and aviation sectors. Its productions encompass fasteners, power train components, sintered metal products, iron powder, cold extruded parts, radiator caps, water pumps, oil pumps, wind energy components, etc. 

Tenneco

Industry: Manufacturing

Location: SIPCOT Industrial Complex, No.122, Hosur, Tamil Nadu 635126

Founded in: 1940

Tenneco is one of the world’s leading designers, manufacturers and marketers of automotive products. It drives advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicles, commercial trucks, off-highway, and industrial. It specialises in manufacturing exhaust systems and components, powertrain components, etc.

Uno Minda

Industry: Motor Vehicle Parts Manufacturing

Location: Denkanikotti, Hosur, Tamil Nadu 635114

Founded in: 1958

Uno Minda Group is a supplier of proprietary automotive solutions to original equipment manufacturers. It has made significant contributions to the automotive industry supply chain with innovative products designed and engineered for efficiency with an emphasis on enhanced comfort levels and fine-tuned response. 

Rajsriya Automotive Industries

Industry: Automobile ancillary parts manufacturing company

Location: Sipcot Ph. I, Hosur, Tamil Nadu 635126

Founded: 1977

Rajsriya Automotive Industries is a licensed car accessory parts manufacturer that creates, manufactures and assembles a variety of items used in two-wheelers, three-wheelers, passenger cars, light commercial vehicles and more. It has two more industrial sheds in Chennai and two factories in Hosur, which have now developed into nine factories. 

 

Commercial real estate demand in Hosur

• Office space: Hosur’s strong presence in the industrial and manufacturing sectors, particularly automotive and engineering industries, has led to an increased demand for companies that often require office spaces, warehouses, manufacturing facilities, etc.
• Rental property: Hosur has SEZs that offer various incentives and benefits to businesses, including tax breaks and streamlined regulations attracting companies and driving demand for commercial spaces within them.

The development of infrastructure, including roads and highways, connectivity to nearby cities, and improvements in utilities, can boost the attractiveness of Hosur as a commercial real estate destination. The presence of educational institutions in and around Hosur can contribute to its appeal as a location for businesses. 

 

Impact of the companies on Hosur

Increased demand for commercial real estate in Hosur can lead to significant economic growth, job creation, and improved infrastructure. It can also boost tax revenues, property values, and the quality of life for residents. However, it may result in challenges like higher property costs and environmental impacts, necessitating careful planning and sustainable development practices to balance the positive and negative effects.

 

FAQs

What is the significance of Hosur in the business world?

Hosur is strategically located on the border of Tamil Nadu and Karnataka, making it a vital industrial and commercial centre. Its proximity to Bangalore has attracted numerous companies from various sectors, making it a significant contributor to the regional economy.

Which industries are prominent in Hosur?

Hosur hosts a diverse range of industries, including the automobile sector, with companies like Ashok Leyland and TVS Motor Company. It also has a strong manufacturing presence, particularly in textiles, electronics, and machinery. Additionally, the town is witnessing growth in IT and IT-enabled services, agriculture, and agro-processing.

How has the presence of major companies impacted employment in Hosur?

The presence of major companies and the growth of SMEs in Hosur have generated a substantial number of employment opportunities. These companies hire skilled and unskilled labour, contributing to both the town's and the region's economic development.

Are there opportunities for real estate investment in Hosur?

Yes, the rapid industrialisation and urbanisation in Hosur have led to a surge in the demand for real estate. Residential and commercial properties are in high demand, offering opportunities for real estate investors to capitalise on the growing market.

Is there a focus on infrastructure development in Hosur?

Yes, the government and private developers have been investing in infrastructure development to support the town's growing business and real estate sectors. Improved road connectivity, public transportation, and amenities are being developed to enhance the overall quality of life in Hosur.

How is the real estate market in Hosur performing?

The real estate market in Hosur is thriving, with a growing demand for both residential and commercial properties. Housing complexes, office spaces, and retail outlets are on the rise, attracting both developers and investors.

What are the prospects for small and medium-sized enterprises (SMEs) in Hosur?

Hosur's industrial ecosystem includes a thriving community of SMEs that play a crucial role in manufacturing and ancillary services. The town's strategic location and supportive business environment offer favourable conditions for SMEs to thrive and expand.

Are there any incentives for businesses to set up operations in Hosur?

The government of Tamil Nadu offers various incentives and subsidies to promote industrial growth in the region. These incentives include tax benefits, infrastructure support, and access to skilled labour, making Hosur an attractive destination for businesses.

How is the transportation infrastructure in Hosur?

Hosur is well-connected by road and is accessible from major cities like Bangalore and Chennai. The town has a network of highways, making it easy for businesses to transport goods and for residents to commute to neighbouring cities.

What is the outlook for the future of companies in Hosur?

The future looks promising for companies in Hosur. With its strategic location, diversified industries, and ongoing infrastructure development, Hosur is likely to continue growing as a significant business hub in South India, attracting more investments and creating employment opportunities in the coming years.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com