The commercial heart of Chhattisgarh, Raipur, is home to various businesses and industries. In addition to small and medium-sized companies, the city is home to some global corporations. The real estate sector in Raipur is directly correlated with the industrial landscape. The need for office space, homes for people to live in, and retail space are all driven by the existence of significant businesses and industries.
This has caused a boom in Raipur’s real estate sector, with continually rising house prices. Their symbiotic relationship benefits the business environment and the Raipur real estate market. Businesses profit from the affordability of high-quality real estate, and the market for property profits from the demand that businesses generate. This article will provide you with knowledge about different companies in Raipur.
Business landscape in Raipur
Raipur is a vibrant business centre with a wide variety of businesses and industries. Numerous significant organisations, as well as medium-sized and small companies, are based in the city. The business environment in Raipur is dynamic and varied. The government is also funding the development of Raipur’s infrastructure, including its highways, airports, and special economic zones. As a result, the city is becoming more business-friendly and attracting new companies.
Top companies in Raipur
Jayaswal Neco Industries
Industry- Metals and mining
Sub-industry- Iron and steel
Company type- public limited
Location- Shyam Nagar, Raipur, Chhattisgarh 492001
Founding date- 1972
One of India’s top iron and steel casting makers is Jayaswal Neco Industries. The firm’s products are used in several industries, including electricity generation, mining, building, and railways, and it has an installed capacity of 140,000 MTPA.
Godawari Power & Ispat
Industry- Electricity, gas, water & waste management
Sub-industry- Electricity
Company type- India’s Top 500
Location- Pandri, Raipur, Chhattisgarh 492003
Founding date- 1999
A significant power generation and steel production business in India is called Godawari Power & Ispat Ltd. (G.P.I.L.). The company’s interests span a variety of industries, including thermal power, sponge iron, steel billets of various sizes, ferroalloys, H.B. wires, oxygen consumption, and fly ash bricks.
Sarda Energy & Minerals
Industry- Mineral, mining, green energy, power
Sub-industry- Metallic, power generation, mining
Company type- India’s top 501-1000
Location- Sankara, Chhattisgarh 493111
Founding date- 1973
India’s largest coal mining firm is Sarda Energy & Minerals Limited (S.E.M.L.). It is the marquee business of the Sarda Group, a conglomerate with diverse operations in mining, steel, ferromagnetic alloys, and electrical power generation.
UltraTech Cement
Industry- Construction materials
Sub-industry- Cement
Company type- Public listed
Location- Telibandha, Raipur, Chhattisgarh 492006
Founding date- 1983
The largest cement producer in India is UltraTech Cement, which has a more than 50% market share. The business manufactures a variety of cement products, such as ready-mix concrete, white cement, and grey cement. Products from UltraTech Cement are employed in several projects of construction, including residential structures
Reliance Retail
Industry- Retail
Sub-industry- General Merchandise
Company type- Public listed
Location- Bhanpuri, Raipur, Chhattisgarh 492003
Founding date- 2006
The largest private sector enterprise in India, Reliance Industries Limited (R.I.L.), is the parent company of Reliance Retail. With more than 12,000 outlets all over India, it is one of the biggest retailers there.
Ecowood Decor India
Industry- Wood, fixtures, plastic furniture, and fittings
Company type- M.N.C.
Location- Mowa Over-bridge, Raipur, Chhattisgarh 492014
Founding date- 2011
The leading producer and exporter of wooden items in India is Ecowood Decor. Plywood, veneer, blockboard, and furniture are just a few things the company specialises in. Ecowood Decor India creates products of the highest calibre using modern equipment and wood.
 E.Z. Enroute
Industry- Transport, storage & communication
Sub-industry- Road transport
Company type- Public listed
Location- near C M House, Raipur, Chhattisgarh 492001
Founding date- 2015
One of India’s top road transport businesses is E.Z. Enroute Ltd. It offers a range of transport services, such as logistics services, transcontinental transportation, and package delivery services. Over a thousand buses are in the fleet of E.Z. Enroute, which covers more than 100 Indian cities.
Aarson Motors
Industry- Automobile, electric vehicle, auto ancillaries
Sub-industry- Dealers, service centres
Company type- Industry top
Location- Ind Area, Raipur, Chhattisgarh 492001
Founding date- 2001
India’s top producer of large commercial vehicles is Aarson Motors. Among the company’s offerings are trailers, buses, and cars. Vehicles from Aarson Motors are renowned for their excellent craftsmanship, dependability, and fuel economy.
Shree Cement
Industry- Construction materials
Sub-industry- Cement
Company type- Public listed
Location- Changorabhata, Raipur, Chhattisgarh 492001
Founding date- 1973
The leading cement producer in India is Shree Cement. The company’s annual production capacity exceeds 20 million tonnes and sells its goods in more than 20 nations. Shree Cement is renowned for its dedication to sustainability and its high-quality products.
Commercial real estate demand in Raipur
Office space- Raipur is luring new companies from a range of industries, including manufacturing, sales, and IT. This is increasing the need for office space. The demand for office space in Raipur is rising as many already-established businesses extend their operations.
Rental property- The demand for rental property is rising since Raipur’s population is expanding quickly. More people are moving to Raipur due to the city’s strengthening job environment. Additionally, this is increasing the market for rental property. Rents are rising in Raipur because there is a shortage of accommodation.
Impact- The city’s economy benefits from the increasing demand for commercial property in Raipur. It is bringing in investment, raising tax income, and producing jobs. The construction of new amenities and infrastructure is facilitated by the increasing need for commercial real estate, making the city more appealing and alluring to businesses and inhabitants.
Impact of companies on Raipur
Companies have a diverse impact on Raipur overall. Raipur-based businesses contribute to the expansion of the local economy. They increase economic activity, produce income, and produce jobs. The level of living for city people may then rise as a result of this.
FAQs
What is Raipur's most well-known industry?
The district's primary industries include cement, ferroalloys, steel pouring, non-ferrous elements casting, rolling mills, etc.
What is the fame of Raipur?
One of India's largest steel marketplaces, as well as one of its main industrial hubs, is located in Raipur. In Raipur, there are six steel plants in addition to over 200 steel mills.
What industries are there in Chhattisgarh?
Bhilai Steel Plant, National Mineral Management Corporation, and South-Eastern Coalfields Limited N.T.P.C. are a few of the essential businesses. About 133 steel foundries and a few small steel factories are located throughout the state.
Which plant in Chhattisgarh is the largest?
The largest incorporating steel plant in India is the Bhilai Steel Plant, located in the Durg district.
Raipur Smart City: What is it?
The nation's first smart city with excellent facilities has developed as Naya Raipur. University, research, and institutional complexes in a knowledge centre. An 18-hole golf course, thematic township, meeting centre, I.T.S.E.Z., shopping malls, and multiplexes are examples of world-class amenities.
What must one purchase in Raipur?
The city is a renowned centre for the production of cotton textiles in India. The list of things to buy in Raipur includes clothing that has been adorned with exquisite kinari, zari, and salma work.
Is Raipur a cheap city to live in?
Yes. It is in the top 2% of the cheapest cities in the world.
What industry dominates Chhattisgarh?
The state's primary industry is the production of cement, limestone, dolomite, diamonds, iron and steel, tin, coal, and aluminium.
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