Bangalore is not just a hub for information technology and startups but also a significant player in the export industry. With a diverse economy and a dynamic business climate, the city has seen the growth of successful exporters who make a significant contribution to India’s global commerce. This has an impact on the city’s growing real estate market. As businesses grow, so does the need for commercial space, which drives real estate growth. In response, a well-developed infrastructure and the availability of contemporary workspaces attract other enterprises.
See also: Leading paint manufacturers based in Bangalore
Business landscape in Bangalore
Primarily known for its thriving IT and software sector, the city hosts global tech giants such as Wipro, Infosys and Mindtree. Beyond tech, Bangalore is a nucleus for biotechnology and pharmaceuticals, with companies such as Biocon leading the charge. The aerospace and defense sector also thrives, thanks to stalwarts like HAL. Additionally, the city is a significant player in the jewelery and watch industry, exemplified by Titan. Bangalore’s prominence in engineering and electronics is underscored by companies like Bosch. Its versatility in industries is a testament to its economic prowess.
Top exporters in Bangalore
Hindustan Aeronautics Limited (HAL)
Industry: Design, Production, Export
Company Type: Public
Location: HAL Corporate Office 15/1 Cubbon Road, Bengaluru, Karnataka-560001
Founded in: 1940
HAL, headquartered in Bangalore, is one of Asia’s major aerospace firms. It is devoted to the design, manufacture and maintenance of aircraft and other associated machinery. HAL’s export portfolio comprises a wide spectrum of aerospace and defence products for domestic and international markets.
Gokaldas Exports
Industry: Export, Manufacturing
Company Type: Public
Location: Raja Industrial Estate, Yeswanthpur, Bengaluru, Karnataka-560022
Founded in: 1979
Since its founding, this Bangalore-based business has expanded to rank among the biggest and most reputable exporters of apparel in the nation. Gokaldas Exports has won praise nationwide as well as globally for its strong emphasis on quality, innovation and sustainability. The company has established itself as a preferred partner for international fashion labels thanks to its dedication to ethical business practises and advanced production facilities.
Bosch
Industry: Export, Manufacturing
Company Type: Private
Location: Hosur Road, Adugodi, Bengaluru, Karnataka-560030
Founded in: 1951
Bosch, a worldwide engineering and electronics conglomerate, has an established base in Bangalore. Bosch is a significant provider of technology and services in India, with a focus on mobility solutions, industrial technology, consumer goods and more.
Avesthagen
Industry: Export, Manufacturing
Company Type: Private
Location: Yolee Grande, 2nd Floor, 14, Pottery Town, Richards Town, Frazer Town, Bengaluru, Karnataka-560005
Founded in: 1998
Bangalore-based Avesthagen is a biotechnology firm with an eye on creating cutting-edge solutions for agriculture and healthcare. Avesthagen’s export-focused biotech goods, which have a major concentration on research and development, support India’s biotechnology industry.
Kirloskar Electric Company
Industry: Export, Manufacturing
Company Type: Public
Location: 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bengaluru, Karnataka-560058
Founded in: 1946
Kirloskar Electric, founded in 1946, is a market leader in electrical engineering. Its headquarters are in Bangalore and the company produces a wide range of electrical equipment, such as motors, generators and transformers. The company’s goods are shipped to a variety of nations, making a substantial contribution to India’s electrical equipment exports.
ITC
Industry: FMCG, Export
Company Type: Public
Location: ITC Infotechpark 18, Banaswadi Main Road, Maruthiseva Nagar, Bengaluru, Karnataka-560005
Founded in: 1910
With its headquarters in Kolkata and an extensive presence in Bangalore, ITC Limited is a broad company with holdings in FMCG (Fast-Moving Consumer Goods), hotels, paperboards and agro. ITC is a significant exporter of FMCG and agricultural products to India thanks to its export portfolio, which also includes tobacco products, agricultural commodities, paper and packaging materials.
Titan Company
Industry: Manufacturing, Export
Company Type: Public
Location: Integrity Building, Off Hosur Main Road, Veerasandra, Electronics City, Bengaluru, Karnataka-560100
Founded in: 1984
Titan, a well-known Indian multinational corporation, has its headquarters in Bangalore. It is active in several markets, including watches, eyewear and accessories. Titan, with a large presence in both local and foreign markets, contributes significantly to India’s export of these items.
Wistron Infocomm Manufacturing India
Industry: Manufacturing, Export
Company Type: Private
Location: No. 30A, 2nd Stage KIADB, Peenya Main Road, Chokkasandra, Peenya, Bengaluru, Karnataka-560058
Founded in: 2018
Wistron Infocomm is a division of the Taiwanese multinational firm Wistron Corporation. It excels in the manufacturing and assembling of electronic products such as smartphones, tablets, and Internet of Things (IoT) devices. Wistron Infocomm contributes considerably to India’s electronics export sector with its operations in Bangalore.
Wipro GE Healthcare
Industry: Manufacturing, Export
Company Type: Private
Location: 4, ITPL Main Road, Sadaramangala Industrial Area, Kadugodi, Bengaluru, Karnataka-560067
Founded in: 1990
This healthcare firm, a joint venture between Wipro and General Electric, is an internationally recognised leader in diagnostic imaging and healthcare IT solutions. Its goods are exported to a number of nations, bolstering India’s position in the global healthcare sector.
SATTVA Aero Accessories and Systems
Industry: Manufacturing, Export
Company Type: Private
Location: V-54A, 7th Main Road, 2nd Stage, Kalika Nagar, Peenya, Bengaluru, Karnataka-560058
Founded in: 2007
This Bangalore-based firm specialises in aeronautical systems and components. Its contributions to the aerospace export business have been essential, helping to cement India’s place in the global aviation industry.
Samurai ExportsÂ
Industry: Manufacturing, Export
Company Type: Private
Location: No. 79 SSI Area, 1st Main Road, behind Ram Kumar Mill, 5th Block, Rajajinagar, Bengaluru, Karnataka-560010
Founded in: 2011
Established in the 1974 as a trading business of vintage artefacts, Samurai Exports over the last six decades has grown into a leading brand for selling bespoke furniture, rugs, artefacts, vintage products, textiles and tasteful décor throughout North America, UK, Spain, Italy and France to name a few. Their extensive breadth of product is not confined to one style but rather reflects a myriad of diverse collections.
Jindal IndustriesÂ
Industry: Manufacturing, Export
Company Type: Private
Location: Sudhama Nagar, Bengaluru, Karnataka-560027
Founded in: 1952
Jindal Industries Pvt. Limited, Hisar – set up in the nineteen seventy two manufactures high quality MS Black and Galvanized Pipes/Tubes in the range of 15mm to 400mm as per various National and International Standards. The Company is fully equipped with modern manufacturing machineries, Mills, Welding Plants and Galvanizing Plants.Â
Bharat Logistics SolutionsÂ
Industry: Manufacturing, Export
Company Type: Private
Location: Jeevan Bima Nagar, Bengaluru, Karnataka-560075
Founded in: 1969
An International Logistics Company specialising in end-to-end solutions for global movement of cargo. Leveraging on excellent overseas networks, a dedicated team of skilled manpower, reliable processes backed by years of experience they offer significant advantages to our customers in terms of cost reduction strategies, supply chain visibility, reduced lead time and improved efficiency.
Rinac India
Industry- ManufacturingÂ
Company type- Public
Location- Halasuru, Appaiah Garden, Bengaluru, Karnataka 560008
Founded in- 1994
Rinac India is a leading supplier of commercial and industrial refrigeration equipment. The Bangalore-based business provides a broad range of refrigeration structures and equipment, including cold storage, chilling facilities and tailored services to the food manufacturing and pharmaceutical sectors. Rinac India is famous for excellence and innovation in refrigeration technology.
Sourcewiz
Industry- IT
Company type- PrivateÂ
Location- Koramangala, Bengaluru, Karnataka 560095
Foundedin – 2020
Sourcewiz is a well-known supplier of sourcing and procurement solutions. The organisation, which has its headquarters in Hyderabad, helps companies manage their procurement procedures effectively. With a strong emphasis on quality, efficiency and supply chain optimisation, Sourcewiz provides customised solutions to satisfy a range of sourcing requirements, promoting customer development and success.
Globe Moving & StorageÂ
Industry- Transportation and logistics
Company type- PrivateÂ
Location- Indiranagar, Bengaluru, Karnataka 560008
Founded in- 2002
With its headquarters in India, Globe Moving & Store is a well-known logistics and international moving firm. It provides a wide range of products and services, including domestic and international moving, storage, and logistics solutions, and has decades of knowledge.Â
L. Gupta Exports
Industry- Exporters
Company type- Public
Location- M.G. Road, Bangalore – 560 001
Founded in- 2004
An established exporter from India, C. L. Gupta Exports has a significant market share worldwide. It is situated in New Delhi and focuses on exporting a range of products, including textiles, apparel and handicrafts. In global trade, the company has established a reputation for trustworthiness and excellence.
Qxpress India PrivateÂ
Industry- Logistics
Company type- Private
Location- Koramangala Bangalore, 560034
Founded in- 2014
It is one of the best companies for logistics in India. Qxpress provides proper logistics all over India and along with warehouse management. The quality of their logistical services is enhanced given their proper efficiency, dependability and modern technology.Â
Commercial real estate demand in Bangalore
Office space
Bangalore’s expanding export industry has created a substantial need for office space, sparking an increase in interest in commercial real estate. As a result, contemporary office buildings and commercial centres have been developed, reviving the suburbs and other rural areas.
Rental property
Bangalore’s export businesses have grown, which benefited the rental market. Due to the constant demand for commercial real estate, which has resulted in competitive rental rates and an increase in property values.Â
Impact
Mixed-use developments that elegantly combine residential, commercial and retail areas within urban environments are becoming more popular with developers. This innovative strategy fosters self-sustaining neighbourhoods.
Impact of export companies on Bangalore
The emergence of export-driven businesses in Bangalore has led to a substantial influence on the local economy. The ascent of these enterprises has triggered a notable transformation in the real estate sector. This surge has attracted residents and businesses alike, leading to a discernible surge in real estate demand and a consistent uptick in property values. Moreover, these ventures play a pivotal role in job creation and bolstering the economic landscape of Bangalore.
FAQs
What products are exported from Bangalore?
Bangalore is now a significant exporter of granite, clothing, hardware and silk yarn.
How do I become an exporter in Bangalore?
To become an exporter in Bangalore, you need to register your business with relevant authorities, obtain necessary licenses and comply with export regulations.
Are there any government incentives for exporters in Bangalore?
Yes, the Indian government provides numerous subsidies and initiatives, such as the MEIS (Merchandise Exports from India Scheme), to promote and encourage exporters.
What are the major export markets for Bangalore-based companies?
The United States, Europe, the Middle East and Southeast Asia are major export markets for Bangalore-based companies.
What are the documentation requirements for exporting from Bangalore?
Documentation includes invoices, packing lists, bill of lading/airway bills, export licence (if required), and certificates of origin, among others.
Is it mandatory to have an IEC (Import Export Code) for exporting from Bangalore?
Yes, an IEC is required for any individual or firm engaged in import/export business in India.
What is the role of customs in the export process from Bangalore?
Bangalore Customs officials supervise the clearance of products for export, ensuring compliance with all applicable rules and regulations.
How can I ensure the quality of my exported products from Bangalore?
To assure product quality, use quality control procedures, adhere to international standards, and consider gaining certifications such as ISO.
What are INCO terms and why are they important for exporters in Bangalore?
INCO terms are internationally recognised trade terms that specify the buyer and seller's duties in an international transaction. They are critical for defining delivery terms.
How can I stay updated with the latest export regulations and policies in Bangalore?
By routinely visiting official websites, signing up for trade organisation publications, and contacting export consultants or experts, you may keep yourself informed.
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