Uttar Pradesh capital Lucknow has developed into a booming business centre in recent years, home to a wide variety of businesses and industries. This ancient city has effectively merged its vibrant cultural legacy with a thriving business environment. It is a hub of innovation and entrepreneurship thanks to the multitude of businesses that call industries like manufacturing, healthcare, information technology, and education home.
The relationship between Lucknow’s corporate landscape and the real estate market is unmistakable. As businesses flourish and attract talent to the city, the demand for commercial and residential real estate has surged. This demand has led to robust growth in the real estate sector, with new commercial complexes, office spaces, and housing developments cropping up to cater to the needs of a burgeoning workforce. The presence of these companies not only drives economic growth but also significantly influences the city’s real estate dynamics, making Lucknow an exciting prospect for both businesses and real estate investors alike.
Business landscape in Lucknow
Lucknow’s business landscape is marked by a diverse mix of industries and sectors that contribute to its economic vibrancy. Information technology, manufacturing, healthcare, education, and hospitality are some of the key sectors thriving in the city. The IT sector has witnessed substantial growth, attracting tech companies and startups. Manufacturing, particularly in pharmaceuticals and textiles, is a significant contributor to the local economy. Additionally, the healthcare and education sectors have flourished, making Lucknow a hub for medical services and educational institutions.
Top companies in Lucknow
Tata Consultancy Services
Industry: Software Development
Company Type: MNC
Location: 1, Mandi Parishad Rd, Vijaipur Colony, Vibhuti Khand, Gomti Nagar, Lucknow/ Uttar Pradesh-226010
Founding date: 1968
Software development, IT consulting, and business process outsourcing are just a few of the many technological services provided by Tata Consultancy Services (TCS), a multinational provider of IT services and consulting. TCS has completed significant projects in data analytics, cloud computing, and digital transformation, providing cutting-edge solutions to clients in a range of industries.
HCL Tech
Industry: Computer Hardware Development
Company Type: India’s 500
Location: Check Gajaria Farms, Sultanpur Road, Lucknow/Uttar Pradesh- 226002
Founding date: 1976
A global provider of IT consulting and services is HCL Technologies. It offers a wide range of information technology services, such as business process outsourcing, consulting, and software development. Offering a wide range of IT solutions and services to clients worldwide, HCL has taken on key initiatives in fields including digital transformation, cloud computing, and application development.
Deloitte
Industry: Accounting & Tax
Company Type: MNC
Location: Vijaipur Colony, Vibhuti Khand, Gomti Nagar, Lucknow/Uttar Pradesh – 226010
Founding date: 1845
Deloitte is a global professional services firm offering audit, consulting tax, and advisory services. They assist clients in addressing complex business issues, enhancing performance, and adapting to market changes. Deloitte engages in a wide range of projects, including financial audits, digital transformation consulting, and industry-specific solutions, providing valuable insights and services to clients.
Bajaj Hindustan Sugar
Industry: Food, FMGC
Sub Industry: Sugar
Company Type: India’s Top 500
Location: Kheri, Uttar Pradesh-226010
Founding date:24 November,1931
Bajaj Hindusthan is the leading sugar and ethanol manufacturing company in India. It has undertaken substantial projects in expanding sugar production and ethanol manufacturing capacity. Its core products include sugar, ethanol, and co-generation of power. It plays a vital role in India’s agribusiness sector, contributing to sugar and renewable energy production.
APCO Infratech
Industry: Construction, Infrastructure, Coworking
Sub Industry: Infrastructure
Company Type: India’s 501-1000
Location: Lucknow, Uttar Pradesh-226010
Founding date: 23 January,1992
APCO Infratech is a leading infrastructure development company in India. It specialises in executing major projects in road construction, highways, bridges, and civil engineering. Notable projects include the construction of expressways and key infrastructure across the country. APCO Infratech is known for its commitment to quality and innovation in the infrastructure sector.
Databorough India
Industry: Information Technology(IT), Data Analytics, AI, Robotics, IoT
Sub Industry: IT-Software, App Development
Company Type: MNC
Location: Kalyanpur (West), Uttar Pradesh-226022
Founding date: 27 November,1992
Databorough India is an IT solutions provider focused on data management and analytics. It specialises in delivering data integration, business intelligence, and data warehousing solutions. Major projects involve implementing data-driven strategies for clients across industries. Its products include data integration software and analytics platforms, facilitating informed decision-making.
Amren Boards
Industry: Paper, Publishing, Printing
Sub Industry: Pulp, Paper
Company Type: Industry Top
Location: Wazir Hasan, Road Lucknow Uttar Pradesh-226001
Founding date: 10 May,2007
Amren Boards is a leading manufacturer and supplier of high-quality boards and panels for various industries. It has executed major projects involving customised board designs, eco-friendly materials, and efficient production processes. Its product line includes particle boards, MDF boards, and laminated panels, catering to diverse construction and furniture applications.
Anand Motor Agencies
Industry: Automobiles, Auto Ancillaries, Electric Vehicles Dealers
Sub Industry: Dealers, Service Centres
Company Type: Industry Top
Location: Lucknow /Uttar Pradesh-226018
Founding date: 1969
Anand Motor Agencies is a renowned automotive company engaged in the distribution and retail of automobiles and related services. It has undertaken significant projects in dealership expansion, introducing new vehicle models, and providing comprehensive automotive solutions. The company offers a wide range of vehicles, including cars, motorcycles and commercial vehicles, while also offering after-sales services and spare parts support.
Sahu Agencies
Industry: Retail
Sub Industry: Consumer Electronics, Mobile Stores, IT Hardware
Company Type: Industry Top
Location: Hazratganj, Lucknow /Uttar Pradesh-226001
Founding date: 09 June,1994
Sahu Agencies is a flexible distributor that provides a broad selection of consumer items to nearby businesses. Its main initiatives include launching cutting-edge product lines and expanding distribution networks. It delivers goods including groceries, household goods, and technology. assuring prompt and effective delivery to local shops.
Caiman Solutions
Industry: Exporters, Importers, Information Technology (IT), Data Analytics, AI, Robotics, IoT
Sub Industry: IT – Software, App Development, Exporters, Importers, Commodity Traders, IT – AI, Robotics, IoT
Company Type: SMEs
Location: Lalbagh, Lucknow /Uttar Pradesh-226001
Founding date: 25 July,2018
Software development and IT solutions are the areas of expertise for the technology consulting company Caiman Solutions. Custom software development, online and mobile app development, and IT consulting are just a few of the services the business provides. Clients in numerous industries have finished large projects, and they still produce cutting-edge goods and services.
Commercial real estate demand in Lucknow
Office space
The demand for office space in Lucknow has surged, driven by the city’s growing corporate sector. Businesses seek modern,well-equipped spaces to accommodate their expanding operations, leading to a boom in commercial real estate development.
Rental property
The rental property market in Lucknow is thriving due to an influx of professionals and students. The demand for apartments and houses for rent has risen, resulting in a competitive market with varied rental options available to cater to different preferences and budgets.
The increasing demand for office space and rental properties has a positive impact on Lucknow’s real estate sector. It fosters growth in construction, property management, and associated services, contributing to the city’s overall economic development and urban transformation.
Impact of companies in Lucknow
Commercial businesses and industries have greatly influenced Lucknow, promoting economic development and reshaping the city’s image. Manufacturing and information technology are only two areas that have seen increased urbanisation and job growth. Due to the rising demand for commercial real estate, contemporary offices and shopping centres have been constructed. This restoration makes Lucknow a more desirable site for northern Indian businesses and investors by enhancing the city’s infrastructure.
FAQs
How many companies are there in Lucknow?
Around 12k companies are there in Lucknow, according to AmbitionBox.
Which area of Lucknow is the most developed?
The area of Lucknow with the biggest development is Indira Nagar.
How many tech companies are there in Lucknow?
Approximately 407 IT services and consulting companies are there in Lucknow.
What exactly is the new IT hub in Lucknow?
The Uttar Pradesh Rajkiya Nirman Nigam (UPRNN) has already drawn up plans to build an IT hub on 40 acres of land in Amausi's Nadarganj industrial sector on Kanpur Road. The IT hub will be organised into three sections: the IT Park, the Business Park, and the International Incubation Facility Centre.
Is Lucknow an industrial centre?
Uttar Pradesh is India's largest industrial state. The important industrial cities of Uttar Pradesh include Kanpur, the rich Purvanchal lands, Noida, Gautam Buddha Nagar, Ghaziabad, Jaunpur, Lucknow, Aligarh, and Agra, among others.
Which Indian city is home to the top IT hub?
Bangalore. The Silicon Valley of India and India's IT capital are both known as Bangalore. Large IT companies like Infosys, Wipro, and Mindtree are all based in Bangalore.
Which three IT firms are the best in Lucknow?
Tata Consultancy Services Ltd. HCL Tech Ltd. Deloitte
Which Uttar Pradesh city has an IT industry?
The massive CG City project of the government of Uttar Pradesh includes the Lucknow IT City, which is intended to be a sustainable technology centre with clean power and a healthy environment.
Which companies are there in Lucknow?
Databorough India APCO Infratech Bajaj Hindusthan Sugar
Why is Lucknow so famous?
Lucknow has long been known as a multicultural city that thrived as a North Indian cultural and artistic centre, as well as the seat of power of Nawabs in the 18th and 19th centuries.
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Priya Banerjee, a writer with a keen eye on the property market, she deciphers the ever-changing trends in residential real estate. Priya excels at simplifying complex real estate terms, making them easy for everyone to understand. Her well-researched advice helps buyers and investors understand complex topics.
