Leading companies in Madurai

Madurai is a booming business centre with a wide variety of businesses and industries. With organisations such as HCL Technologies, Apptivo Software and Solartis Information Technology Services in the town, Madurai is also a significant IT and software development hub. Madurai is also an important training and medical care centre, home to universities such as Madurai Kamaraj University and hospitals such as Apollo Hospitals. A large number of companies in Madurai provide employment to large groups of people.

Through road, rail and air, Madurai is well connected to various regions of India. Additionally, the city is home to several special economic zones (SEZs), which provide firms with alluring incentives for investment. Due to all of these elements, Madurai is a promising location for companies of all sizes.

See also: Top IT companies in Karur

 

Business landscape in Madurai

Madurai’s commercial community is thriving and diverse. Both major manufacturing firms and small-and medium-sized businesses (SMEs) are found throughout the city. Textiles, ready-made clothing, bakery, floriculture, dairy, chilled storage, agro and herbal goods, blue metal jelly, chamber bricks, rubber and plastics, IT and software development, medical treatment, and education are some prominent industries in Madurai. Madurai is a significant hub for these industries, and in the years to come, this growth is anticipated to continue. The presence of competent labour, the government’s emphasis on the IT industry, and the city’s excellent connectivity are all factors.

 

Top companies in Madurai

HCL Tech

Industry- IT and software

Sub-industry- IT consulting, system integration, and managed services

Company type- Public limited

Location- near Pandi Kovil, Madurai, Tamil Nadu 625020

Founding date- 1991

One of India’s top IT and software companies is HCL Technologies. It operates in more than 40 countries and has more than 175,000 workers. IT and software offerings from HCL Technologies include consulting, system implementation and managed services.

 

Thangamayil Jewellery

Industry- Gems, watches, and retail

Sub-industry- Jewellery, watches, and gems

Company type- India’s Top 500

Location- Madurai Main, Madurai, Tamil Nadu 625001

Founding date- 2000

India’s top jewellery seller is Thangamayil Jewellery. The extensive selection of gold jewellery available at Thangamayil Jewellery includes bracelets, studs, rings, and pendants.

 

TVS Srichakra

Industry- Chemical, Automobile, Electric Vehicle

Sub-industry- Plastics, Rubber, Auto Ancillaries

Company type- India’s Top 500

Location- Kamarajar Salai, Madurai, Tamil Nadu 625009

Founding date-1982

India’s top tyre maker is TVS Srichakra. It has production plants in Hosur, Karnataka, and Madurai, Tamil Nadu. TVS Srichakra produces various tyres for vehicles, buses, trucks and motorbikes.

 

Neeyamo Enterprise Solutions

Industry- IT and software

Sub-industry- HRO services and solutions

Company type- Private limited

Location- Airport-Mattuthavani Ring Road, Madurai, Tamil Nadu 625020

Founding date- 2009

Leading HRO solutions and assistance are offered in India by Neeyamo Enterprise Solutions. The business provides several services, such as hiring new employees and managing employee benefits.

 

Solartis Technology Services

Industry- IT and software

Sub-industry- IT consulting

Company type- Private limited

Location-  Arappalayam, Madurai, Tamil Nadu 625016

Founding date- 2006

IT consulting firm Solartis Technology Services offers various services, including application development, upkeep and business process outsourcing (BPO). Infrastructure administration and IT protection.

 

Apptivo Software

Industry-  Information Technology (IT), AI, Robotics, IoT

Sub-industry- IT – Cloud Computing, Networking, Security

Company type- MNC

Location- Doak Nagar main road, Madurai, Tamil Nadu 625016

Founding date- 2010

The leading supplier of commercial cloud-based software solutions is Apptivo Software. The business provides a variety of cloud-based applications, such as CRM, project management, and e-commerce tools.

 

Honeywell Technology Solutions

Industry- IT and services

Sub-industry- Software

Company type- Subsidiary

Location- Airport-Mattuthavani Ring Road, Madurai, Tamil Nadu 625020

Founding date- 1906

A Fortune 100 firm, Honeywell Technology Solutions is a division of Honeywell International. It excels in providing engineering and information technology services. The business employs approximately 10,000 people in India and operates in over 20 places.

 

Apollo Hospitals

Industry- Healthcare

Sub-industry- Hospitals

Company type- Public limited

Location- KK Nagar, Madurai, Tamil Nadu 625020

Founding date-1983

In India and other countries, the group operates more than 60 hospitals and 2,000 healthcare institutions. A wide range of medical treatments, including hospitalisation, outpatient diagnostic, and preventative care, are provided by Apollo Hospitals.

 

JK Fenner

Industry- Manufacturing

Sub-industry- Power transmission Belts

Company type- MNC

Location- Kochadai, Madurai, Tamil Nadu 625016

Founding date- 1992

J.K Fenner operates five state-of-the-art manufacturing units and three world-class Research & Development facilities. The company is a key contributor in the design and manufacturing of Oil Seals, Hoses, Geared Motors, Gear Boxes, Pulleys, FEAD Systems, Power Transmission Belts, Belt Tensioners, and Moulded Rubber Products, EV Products for Automotive & Industrial Applications. The company also contributes to major sectors such as Steel, Cement, Coal, Sugar, Power, Textiles, Paper, Food processing, Agriculture and many more.

 

Elysium Group of Companies

Industry- Information Technology

Sub-industry- IT/ITES | Education | Research | Art & Crafts

Location- Sathamangalam, Madurai, Tamil Nadu 625020

Founding date- 1999

Elysium Group of Companies comprises 12 companies for these industries such as IT/ITES, software development, digital marketing, SEO, education institute, research centre, final year project centre, skill development, and handmade and customised arts and crafts shop, food delivery services and so.

 

Commercial real estate demand in Madurai

Office space: The rise of IT companies in the city has increased the need for office space in Madurai. The need for office space is also being driven by a variety of other industries that are located in the city, including manufacturing, medical services, and education.

Rental property: Due to the city’s expanding business community and rising population, Madurai is experiencing an increase in demand for rental properties. The town is a well-liked tourist attraction, which raises the requirement for rental property even more.

Impact: The economy of Madurai is benefiting from the rising demand for business real estate. It is bringing in investment, making money, and producing jobs for the city.

 

Impact of different companies on Madurai

In general, the businesses in Madurai are beneficial to the city. They support the economy, create jobs, and raise the living standards of a large number of people.

 

FAQs

Which industry in Madurai is well-known?

South Tamil Nadu's major commercial and educational centre is Madurai. Numerous industries that manufacture granite, rubber, chemicals and automobiles are located in the city.

What is the fame of Madurai?

Madurai, one of the oldest cities in India, was ruled by Pandya kings for the majority of its existence. In addition to sponsoring Tamil language instruction through Sangams, the city is recognised for its historic past.

What industry dominates Madurai?

The district has a lot of room for the development of textile, ready-to-wear, bakery, gardening, dairy, agro-herbal and rubber and plastic-based companies.

Does Madurai qualify as a smart city?

In June 2015, the Smart City Mission was introduced by the Ministry of Urban Development of the Indian government. One of the 100 cities chosen for the Smart City Mission's deployment is Madurai City.

Which item is well-known in Madurai?

Silk saris, traditional jewellery, handicrafts, brassware, woodwork carvings and one-of-a-kind trinkets that reflect the region's rich cultural past are among Madurai's best-known exports.

What dish is well-known in Madurai?

What makes Madurai a town of no sleep?

Madurai's market was constantly alive with activity. The designations Naalangadi and Allangadi were used for both the afternoon and evening markets. Madurai was given the moniker Thoonga Nagaram, or the place that never falls asleep as a result.

Is Madurai growing?

A prosperous city, Madurai. Madurai is the top city for SMB hiring.

Which city has the most IT firms?

Bangalore, India, has the largest hub. This city is also known as the Indian IT capital. Bangalore is often known as the Silicon Valley of India due to the presence of numerous significant technological and software firms.

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