Patna is often regarded as a vital business and luxury brand centre in eastern India, boasting a unique charm and significance in the region. Its economy has witnessed remarkable growth, fueled by the rapid expansion of the fast-moving consumer goods industry, the burgeoning IT sector, and the transformative impact of the Green Revolution businesses.
In recent years, Patna has become a hub for a multitude of companies, both established and emerging. This influx of businesses has not only contributed to the economic prosperity of Bihar but has also ushered in improved employment opportunities for its residents. Simultaneously, the city’s real estate sector has experienced significant development, responding to the burgeoning demand for commercial and residential spaces.
In this article, we will delve into the top 10 companies in Patna and examine the profound influence they wield on the city’s business and real estate landscape.
See also:Â Top insurance companies in India
Business landscape in Patna
Patna has transformed into a major provider of IT services to corporations, with agriculture and industrialisation as key contributors to its economic growth. Government initiatives have improved transparency in the industrial sector, elevating Patna into a prominent trade hub that bolsters its economic resilience. Notably, the city’s primary exports include grains, wheat, sugarcane, sesame, and rice, enhancing its business value and revenue stability. Patna’s economic expansion is further fueled by a burgeoning IT services sector, robust industries, and the influence of the green revolution. While small-scale industries play a crucial role in revenue generation, the city has also ventured into the real estate sector, poised for future growth, and maintains stability through the production of electrical goods, shoes, and cotton yarn.Â
Read also:Â Top 12 BFSI companies in India
Top companies in Patna
Brand Radiator
Industry: Content marketing, public relations,
Company Type: IT
Location: Kurji, Patna, Bihar – 800010
Founding date: 2018
Brand Radiator, based in Patna, is a prominent IT company. Its mission is to provide innovative design solutions to support business growth. Specialising in various areas, including content marketing, public relations, and digital strategies, it strives to understand clients’ visions and deliver excellent services that empower them in their respective industries.
DG Digital
Industry: Software development
Company Type: Software
Location: Patliputra Kurji Road, Patna, Bihar – 800013
Founding date: 2017
DG Digital plays a pivotal role in ensuring business stability through its software development expertise. With a strong track record and reliability, it serves a wide range of clients, including top businesses, brands, and artists. DG Digital’s strength lies in offering SEO-oriented strategies and services such as video marketing, event management, web development, and web design.
Agkiya Media
Industry: Digital Marketing
Company Type: IT
Location: Boring Road, Patna, Bihar – 800001
Founding date: 2018
Agkiya Media specialises in providing digital solutions to meet diverse business needs. Led by a team of expert professionals, it smartly drives industry growth. Agkiya Media offers comprehensive services, spanning from brand creation to digital marketing, streamlining workflows and enhancing market value. With a wealth of experience in digital marketing and IT services, it remains committed to fostering industry growth.
Flipsoft Technologies
Industry: Graphic design, web development
Company Type: IT
Location: PC Colony Rd, Patna, Bihar – 800001
Founding date: 2016
Patna-based Flipsoft Technologies is dedicated to accelerating online businesses and maintaining their growth trajectory. The company keeps pace with evolving technology trends and is well-regarded for successfully delivering client projects. It offers essential IT services such as graphic design, digital marketing, and web design. Flipsoft Technologies also provides valuable opportunities for fresh talent to enhance their knowledge and skills.
Dynode Software Technology
Industry: Software development
Company Type: Software
Location: New Dak bungalow, Patna, Bihar – 800001
Founding date: 2004
Dynode Software Technology excels in understanding specific business domains and delivering tailored solutions. It offers a range of prominent IT services, including e-commerce solutions, digital project management systems, web development, and software development. Committed to providing the best solutions and enhancing business value, Dynode Software Technology boasts a vast clientele of over 50,000 clients who benefit from its top-notch IT services for business growth.
Ensett
Industry: UI/UX design, SEO
Company Type: IT
Location: Jagat Narayan Road, Patna, Bihar – 800003
Founding date: 2019
Ensett was founded in 2019 with a clear mission to drive digital transformation. With a dedicated team of professionals who value the digital landscape, it specialises in essential IT services such as UI/UX design, SEO, Technical SEO, and SEO road mapping. As the fastest-growing marketing agency, Ensett plays a pivotal role in expanding businesses in the market.
Sanity Software
Industry: Web designing, web development
Company Type: Software
Location: Boring Road, Patna, Bihar – 800001
Founding date: 2016
Sanity Software boasts a team of experts, including engineers, strategists, and designers, all focused on innovating the company’s brand and digital presence. Embracing technology-driven services, it provides comprehensive IT solutions to bolster industry growth. Sanity Software’s vision is centred on delivering enhanced services harnessing the spirit of innovation. Prominent services offered by the company include web designing, software development, and mobile application development.
Avops Technologies
Industry: Mobile application development
Company Type: IT
Location: Patliputra Kurji Road, Patna, Bihar – 800010
Founding date: 2018
Avops Technologies is recognised for its exceptional website design services. It offers a range of IT solutions, including website design, web development, digital marketing, bulk SMS solutions, portal development, and mobile application development. Avops Technologies places significant emphasis on client-centricity and is dedicated to delivering successful projects on time to meet specific client needs.
RKV IT Solutions
Industry: Software development
Company Type: Software
Location: Jamal Road, Patna, Bihar – 800001
Founding date: 2013
RKV IT Solutions specialises in providing top-notch business solutions. Its core objective is to develop superior software solutions that empower clients to enhance their business value. Backed by a skilled team of professionals, RKV IT Solutions excels in driving industry growth. The company places great importance on selecting the right candidates, nurturing their talent, and fostering rapid skill development among freshers.
Shish Technology
Industry: Website Designing
Company Type: IT
Location: Boring Road, Patna, Bihar – 800001
Founding date: 2012
Established in 2012, Shish Technology is among the prominent companies in Patna offering a wide array of essential IT services. These services encompass website development, website designing, bulk SMS services, android application development, and more. With a commitment to building a robust presence for the company and fostering professional growth among its employees, Shish Technology has assembled a dedicated team of experts excelling in their respective fields, contributing to the company’s overall excellence.
Tata Consultancy ServicesÂ
Industry: IT Services and Consulting
Company Type: MNC
Location: Buddha Colony, Patna, Bihar – 800001
Founding date: 1968
Tata Consultancy Services is an IT services, consulting and business solutions organisation that has been partnering with many of the world’s largest businesses for over the past 55 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.
Tata MotorsÂ
Industry: Automobile ManufacturerÂ
Company Type: MNC
Location: Anandpuri, Patna, Bihar – 800013
Founding date: 1945
Tata Motors Limited, a USD 37 billion organisation, is a leading global automobile manufacturer with a portfolio that covers a wide range of cars, SUVs, buses, trucks, pickups and defence vehicles. Tata Motors is one of India’s largest OEMs offering an extensive range of integrated, smart and e-mobility solutions.
BYJU’S
Industry: Edtech
Company Type: MNC
Location: Patliputra Colony, Patna, Bihar – 800013
Founding date: 2011
BYJU’S is a global ed-tech company, providing highly adaptive and effective learning solutions to more than 150 million students around the world. Founded in India in 2011, BYJU’S mission is to make high-quality learning accessible to students everywhere. The BYJU’S family of brands includes Disney-BYJU’S Early Learn, BYJU’S Future School, Epic!, Osmo, Tynker, Toppr and WhiteHat Jr, along with our beloved flagship product BYJU’S – The Learning App. Together, BYJU’S solutions support Pre-K – 12 education and a wide range of competitive exams.
Bihar State Sugar CorporationÂ
Industry: Food ManufacturerÂ
Company Type: Company limited by shares
Location: Bakarganj, Patna, Bihar – 800004
Founding date: 1974
Bihar State Sugar Corporation Limited (BSSCL) is a Public Limited State Government Company incorporated in India on 28 December 1974 and has a history of 48 years and nine months. Its registered office is in Patna, Bihar, India. The Company is engaged in the Food And Beverages Industry.
Abbott
Industry: Manufacturing and DistributingÂ
Company Type: Pharmaceutical MNC
Location: Rukanpura, Patna, Bihar – 800014
Founding date: 1910
Headquartered in Mumbai, Abbott India Limited, a publicly listed company and a subsidiary of Abbott Laboratories, offers high-quality trusted medicines in multiple therapeutic categories such as women’s health, gastroenterology, cardiology, metabolic disorders and primary care. They have expertise across product development, manufacturing, sales and customer service and are dedicated to providing high-quality, reliable products with the expert clinical support our customers need.
Commercial real estate demand in Patna
Office space
The burgeoning presence of companies in Patna, especially from sectors like IT, FMCG, and financial services, has fueled a rising demand for office space. This demand is reshaping the city’s commercial landscape and propelling the construction of new office buildings, contributing to Patna’s economic dynamism.
Rental property
Patna’s expanding business landscape has spurred a heightened demand for rental properties. As more individuals and professionals relocate to the city for employment opportunities, the rental property market is flourishing. Popular localities are witnessing increased rental activity, reflecting Patna’s growing appeal as an affordable and welcoming place to live and work.
Impact
The influx of companies is catalysing the real estate sector’s substantial contributions to Patna’s GDP, creating job opportunities, and attracting investments. Notably, the development of new commercial and residential properties is simultaneously boosting the city’s infrastructure to meet the requirements of its growing population and thriving business community.
Impact of companies on Patna
Companies have left a distinct mark on Patna, significantly affecting the city’s real estate landscape and driving heightened demand. Their impact can be seen through various lenses.Â
Firstly, the influx of companies has notably accelerated the demand for office and residential spaces in areas with a strong corporate presence. Skilled professionals from different parts of the country are drawn to these companies, necessitating housing in proximity to their workplaces.
For instance, the emergence of the Patna IT Park has led to a surge in demand for both commercial and residential properties in its vicinity. As a direct result of this heightened demand, property prices in these areas have experienced considerable appreciation in recent years.Â
FAQs
Is Patna the fastest-growing city?
Yes, Patna ranks as the 21st fastest-growing city globally and the 5th fastest-growing city in India, as per the study by the City Mayors' Foundation.
Which residential areas are popular in Patna?
Popular residential areas in Patna include Vastu Vihar Aiims, Venus Paradise, R R Sanchar Nagar, Kashyap Green City, Ashirwad IOB Galaxy Model Township, Sri Sai Residency, Majestic Janki City, GenX Landmark, Real R N City, and Mundeshwari Orbit.
What industries are Patna known for?
Patna is known for industries such as sugar mills and serves as a significant business and luxury brand centre in eastern India.
Which area is the wealthiest in Patna?
Patliputra Colony is one of the most affluent areas in Patna, known for its high standard of living.
Which areas are the most expensive in Patna?
The Fraser Road Area is the most expensive area in Patna, primarily due to its commercial significance and luxurious amenities.
Which area is the fastest-growing in Patna?
Bailey Road is one of the fastest-growing areas in Patna, especially in its residential sector.
What is the average salary in Patna?
On average, employees in Patna earn around Rs 5-10 lakhs per year, with income levels varying based on occupation and experience.
Is Patna a clean city?
Yes, Patna has improved its cleanliness ranking, moving up six notches in the 7th edition of Swachh Survekshan-2022, according to the report from the Housing and Urban Affairs Ministry.
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 |