Top 11 companies in Vijayawada

Vijayawada, a bustling city in Andhra Pradesh is a business centre with presence of a wide variety of businesses and industries. Numerous IT, manufacturing, and retail firms are based in the city. These businesses’ presence significantly affects Vijayawada’s real estate market. The growing need for office space and housing from these companies’ employees raises rental costs and property values. Due to this, Vijayawada is a popular location for real estate investors.

In Vijayawada, the corporate environment and the real estate market coexist together. These companies’ presence increases interest in real estate, raising asking prices and rents. As a result, Vijayawada is a more appealing location for real estate investment.

The presence of businesses significantly influences the dynamics of real estate in Vijayawada. The increasing demand for work environments and housing from these companies’ employees raises rental costs and property values. Due to this, Vijayawada is a popular location for real estate investors. This writing will give you information on various companies in Vijayawada.

See also: Biotech companies in Pune

 

Business landscape in Vijayawada

Vijayawada, Andhra Pradesh, India, has a broad and expanding business environment. The city is a significant economic centre for the region and is home to a diverse spectrum of companies, including small and large corporations (SMEs). Vijayawada’s business environment is evolving quickly as new sectors and possibilities constantly appear. The city’s favourable economic environment and talented staff are also making it more appealing to overseas investors.

Read also: Top chemical companies in Vadodara

 

Top 11 companies in Vijayawada

 

Advaris India

Industry– IT, data analytics, robotics and IoT

Sub-industry– IT software and app development

Company type- MNC

Location– Atyaranayana Puram, Vijayawada, Andhra Pradesh, 520011

Founded in– 1997

Leading computer service and consulting firm Advaris India is based in Vijayawada, India. The business offers a wide range of services, including business process management (BPM), IT advisory services, and software development. The experienced and talented staff at Advaris India is committed to offering its customers top-notch services.

 

Pixentia Solutions India

Industry– IT, robotics and IoT

Sub-industry– IT software and app development

Company type– MNC

Location– Ambapuram, Andhra Pradesh 520015

Founded in- 2012

Leading IT services and consulting firm Pixentia Solutions, India, offers clients all over the world a wide variety of IT solutions. The business employs knowledgeable and qualified specialists in their respective industries. Pixentia Solutions India aims to offer its customers high-quality, reasonably priced IT solutions.

 

State Street HCL Services

Industry– Financial services

Sub-industry– Investment banking & securities

Company Type– Public listed

Location– Gannavaram, Andhra Pradesh 521102

Founded in– 2012

State Street HCL Services is a partnership between HCL Technologies, a top global provider of IT services, and State Street Corporation, a prominent global distributor of financial services to institutional investors.

 

HCL Tech

Industry– IT

Sub-industry– IT services and consulting

Company type– Public limited

Location– GANNAVARAM, Vijayawada, Andhra Pradesh 521102

Founded in– 1991

Global technology company HCLTech offers a range of services and products to assist businesses in accelerating their digital evolution. With more than 225,944 employees in 52 countries, it is one of India’s top providers of IT services.

 

Reliance Retail

Industry– Retail

Sub-industry– Food and grocery, apparel and footwear

Company type– Public limited

Location– Suryaraopeta, Vijayawada, Andhra Pradesh 520010

Founded in– 2006

One of the most giant corporations in India, Reliance Industries, has a division called Reliance Retail. With more than 18,000 outlets all over the nation, it is the largest retailer in India in terms of revenue. Retail formats operated by Reliance Retail include convenience stores, hypermarkets, supermarkets, speciality shops and internet shops.

 

MECWEL Power

Industry– Power generation

Sub-industry– Power generation equipment manufacturing

Company type– Public traded

Location– Benz Circle, Vijayawada, Andhra Pradesh 520010

Founded in– 2009

Leading producer of power generation machinery and EPC services for nuclear power plants, MECWEL Power Industries Limited. Power utilities, IPPs, and industrial clients are just a few of the many clients utilising the company’s goods and services.

 

Mohan spinifex India

Industry– Textile

Sub-industry– Spinning

Company type– Public limited

Location– Gunadala, Vijayawada, Andhra Pradesh 520004

Founded in- 2005

India’s Mohan Spintex is a well-known producer of cotton yarn. Mr Mohan Reddy launched the business in 1996. Mohan Spintex India owns a modern spinning mill with a 100,000 spindle capacity. The company sells cotton yarn with counts ranging from 20 to 100.

 

Deepak Nexgen Foods and Feeds

Industry– Food and feed

Sub-industry– Aqua food, livestock, poultry feed, dairy feed

Company type– Private listed

Location- Kedareswar Pet, Vijayawada, Andhra Pradesh 520003

Founded in- 2015

Quality and innovation are two areas that Deepak Nexgen Foods and Feeds is very focused on. A group of skilled researchers and technologists at the organisation are always trying to create new, better items. The business also operates a cutting-edge manufacturing plant furnished with the most recent technologies.

 

Aayush Hospitals

Industry– Healthcare

Sub-industry– Hospitals

Company type– Private limited

Location– Sri Ramachandra Nagar, Vijayawada, Andhra Pradesh 520008

Founded in– 1970

Aayush Hospitals provides a broad range of medical and surgical procedures, including gastroenterology, orthopaedics, cancer, cardiology, and cardiothoracic surgery. The hospital also features a cutting-edge emergency room and a separate trauma centre.

 

APS Agro Industries Development Corporation

Industry– Agriculture, agritech and horticulture

Sub-industry- Agriculture

Company type– Industry top

Location– G1 & G2 Prime HillCrest, Vaddeswaram, Andhra Pradesh 522051

Founded in- 1968

The APS Agro Industries Development Corporation is crucial to Andhra Pradesh’s agriculture industry. The business contributes to making sure consumers can get premium agricultural goods and that farmers are paid fairly for their produce. The corporation employs thousands of people directly and indirectly and is a significant employer in the state.

 

AP State Civil Supplies Corporation

Industry– Agriculture and horticulture

Sub-industry– Agriculture

Company type– Industry top

Location– Ayyappa Nagar, Vijayawada, Andhra Pradesh 520007

Founded in– 1974

The APSCSCL is essential in helping the people of Andhra Pradesh maintain their food security. Additionally, it is crucial in supporting the agricultural industry and giving farmers and other interested parties jobs.

 

Commercial real estate demand in Vijayawada

Office space- In Vijayawada, there is a significant need for office space due to the presence of businesses from various industries. Rents and property values for business premises in the city rise as a result.

Rental property- Additionally, the workforce of these businesses drives up demand for residential real estate in Vijayawada. As a result, rent and property values for residential properties in the city rise.

Impact- The presence of businesses significantly influences the dynamics of real estate in Vijayawada. The growing need for office space and housing from these companies’ employees raises rental costs and property values. Due to this, Vijayawada is a popular location for real estate investors.

 

Impact of companies in Vijayawada

Businesses in Vijayawada contribute to the city’s tax base, produce income, and create jobs. The strong demand for housing and office space from these companies’ employees also raises rental costs and property values. Due to this, Vijayawada is attractive to real estate investors, which benefits the local economy. Businesses in Vijayawada give their staff members chances for growth and success in the workplace. Through philanthropic endeavours and social responsibility activities, they additionally assist local communities. For instance, a lot of businesses in Vijayawada donate money to hospitals and educational institutions.

 

FAQs

Which industries are widespread in Vijayawada?

The agricultural markets in Krishna district are concentrated at Vijayawada. Tobacco, cotton, turmeric, and mangoes are a few examples of exported farm products. Solvent extraction companies, oil refineries, dal mills, and rice mills are scattered across the city.

Which are AP's top 5 industries?

Vehicles and Vehicle Components The primary industries of Andhra Pradesh are manufacturing, spices, mining and minerals, textiles and clothing, information technology, bulk medications and pharmaceuticals, horticulture, and poultry production.

How many pharmaceutical businesses are in Vijayawada?

Vijayawada has 89 pharmaceutical companies.

How many businesses are there in Vijayawada?

4.4,000 Businesses in Vijayawada

Which industry is Vijayawada renowned for?

Agricultural product processing, vehicle body building, hardware, textile, consumer goods, and small-scale businesses are well-known in Vijayawada.

What MNCs are there in Vijayawada?

Some of the MNC companies are Kirloskar, wipro, ranbaxy etc.

Are there any reputable pharmaceutical businesses in Vijayawada?

Yes, the pharmaceutical industry in Vijayawada is flourishing. Hetero Drugs Limited, Aurobindo Pharma, and Unimark Remedies are a few well-known pharmaceutical firms in the area that have made important contributions to the sector.

Which business is known as MNC?

A multinational corporation consists of a single corporation that has operations and business locations in two or more different nations. These businesses are frequently run from a central office with its headquarters in the nation of origin.

How many types of multinational firms are there?

Decentralised multinational corporations, centralised worldwide businesses, international companies, and transnational companies are the four different forms of multinational businesses.

What distinguishes multinational firms from global firms?

International businesses just import and export; they do not have any investments abroad. Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.

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 [email protected]