Top 9 companies in Tirupati

Tirupati has emerged as a major business hub in Andhra Pradesh with several top companies establishing their office spaces in the city. There have been constant and rapid developments in a wide range of sectors and the local ecosystem thrives on small businesses. While the city is primarily one of the major sites for religious tourism, there has been a diversification in business sectors which has contributed to a significant growth in the economy. 

 

Business landscape in Tirupati

The major portion of the city’s economy is boosted by its religious tourism that supports several small sectors such as transportation, restaurants, hotels, hospitals, etc. However, Tirupati has also witnessed a major rise in the manufacturing industry with the set up of companies like Ashok Leyland and Apollo Tyres. Besides this, the city’s real estate sector has been boosted by the establishment of industrial zones and business parks, significantly contributing to the economy. 

 

List of top companies in Tirupati

Ashok Leyland

Company Type: Public limited company

Industry: Automobile

Founded in: 1948

Ashok Leyland is one of the top companies in the automotive industry. It is known for manufacturing vehicles like trucks and buses and is one of the largest manufacturers of commercial vehicles. The company plant situated in Tirupati is quite large and holds major significance as it is responsible for a major part of the company’s production. Ashok Leyland also manufactures special purpose vehicles and caters not only to the Indian market, but to the global market as well. 

Shree Cement

Company Type: Public limited company

Industry: Cement

Founded in: 1979

Shree Cement is one of the largest cement manufacturing companies in India. The company has several offices throughout the country. The company produces premium quality cement and is known to use sustainable practices and high-tech methods to manufacture cement. It is one of the top choices for construction projects. 

HCL Technologies

Company Type: Public limited company

Industry: IT

Founded in: 1976

HCL is one of the leading IT firms in the country that offers a wide range of services. The services provided by HCL Technologies include IT services (software development, cloud computing, artificial intelligence), business process outsourcing services (finance and accounting, customer management) and consulting services (brand management, marketing strategy). The company’s office in Tirupati contributes significantly to the city’s economic growth. 

Amara Raja Infrastructure

Company Type: Private limited company

Industry: Electronics 

Founded in: 1985

Amara Raja is a private company that mainly focuses on infrastructure and developmental projects. It plays a significant role in the infrastructure development in the city with its modern and innovative structures. Besides this, the company also manufactures automotive batteries and power systems. 

Creative Connect

Company Type: Private limited company

Industry: Advertising 

Founded in: 2005

Creative connect is a company that specializes in marketing and advertising. It helps brands enhance their online presence by creating marketing and advertising campaigns, event management, branding etc; It helps several top companies as well as startups in improving their reach and increasing their customer base significantly. 

Apollo Tyres

Company Type: Public limited company

Industry: Automotive

Founded in: 1972

Apollo Tyres is a leading tyre manufacturer in India that has a global reach and it manufactures premium quality tyres for a wide range of vehicles from passenger cars to commercial vehicles such as trucks and buses. It is known to use innovative, high-tech and sustainable methods to produce good quality tyres. The company helps in increasing employment opportunities and contributes to the city’s economy significantly. 

PPS Motors

Company Type: Private limited company

Industry: Automobile 

Founded in: 1998

PPS Motors is an automobile dealer in Tirupati that deals in a wide range of vehicles and offers several sales and after-sales services related to the vehicles as well. It deals in premium car brands such as Skoda, Audi and Volkswagen. It deals with one of the top automobile companies in the world and greatly contributes to the local economy. 

Renault Tirupati

Company Type: Private limited company

Industry: Automobile 

Founded in: 2005

Renault Tirupati is a globally famous French automobile manufacturer. From compact cars and SUVs, it manufactures modern, futuristic and innovative cars that stand the test of time. The company also provides sales, test-drive and after sales services that include both maintenance as well as repairs. 

Harsha Auto Agencies

Company Type: Private limited company

Industry: Automobile 

Founded in: 1998

Harsha Auto Agencies is another authorised dealership and service centre in Tirupati that represents Maruti Suzuki. It sells a wide range of vehicles from hatchbacks and sedans to SUVs. It also offers sales and after sales services and is one of the leading auto agencies in Tirupati. 

 

Real estate demand in Tirupati

With the growth in the city’s business sector, there has been a significant growth in the real estate as well as rental market as well. As more and more companies continue to establish, there has been a sudden increase in the demand for properties. Besides this, these companies have also improved the city’s infrastructure, resulting in an increase in property prices. 

The rental market of the city has grown substantially as the workforce employed in these companies often shifts from other places in need of work and lives in rented spaces.

 

Impact of these companies on Tirupati

These companies have significantly contributed towards Tirupati’s development. They not only drive in huge investments in the city, but also increase employment and improve the city’s economy. While manufacturing companies improve the industrial landscape, IT companies have helped in improving the IT sector making Tirupati an emerging IT hub. Auto agencies to help in providing premium cars of international brands to the residents and improve the living standards in the city. Moreover, all these sectors are connected to several local sectors and directly or indirectly help in boosting the economy. 

 

FAQs

What are some of the major industries in Tirupati?

IT, automobile, manufacturing and education are among the major sectors in Tirupati.

Which are the top automotive companies in Tirupati?

The top automotive companies in Tirupati are Ashok Leyland, Amara Raja Batteries (for automotive components) and Apollo Tyres.

Is religious tourism an important sector in Tirupati?

Yes, religious tourism contributes significantly to the city’s economy as it also supports other sectors such as hospitality, transport and retail.

Are the healthcare and pharmaceutical sectors worth investing in Tirupati?

The healthcare and pharmaceutical sectors have been growing rapidly and yes, they are worth investing.

Besides religious tourism, which sector is prominent in Tirupati?

Besides religious tourism, another important sector in Tirupati is the automotive sector which has a significant presence in the city.

How has the establishment of multinational companies impacted Tirupati?

The establishment of MNCs has resulted in an increase in the number of employment opportunities and boosted the economy.

Does Tirupati have a thriving real estate sector?

Yes, in recent years Tirupati has witnessed an increase in the number of MNCs and several industries which has boosted the real estate sector of the city.

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