Mysore, in the southern Indian state of Karnataka, is a city that combines tradition with modernity. Mysore, known for its regal lineage, is known as the City of Palaces, with the stately Mysore Palace serving as a notable illustration of its architectural magnificence. The city is rich in history, providing a look into the lavish lifestyle of the Wodeyar family, who ruled here previously. Aside from its regal attractiveness, Mysore is known for its vivid festivals, especially the huge Dasara celebration, which brings the city to life with processions, music, and dancing. Mysore, nestled in the picturesque Chamundi Hills, has lush gardens, tranquil lakes, and a thriving art and cultural scene. It is a city that flawlessly blends heritage and modernity. It is not only a city rich in history and culture but also a rising economic growth centre.
See also: Top manufacturing companies present in Mysore
Business landscape in Mysore
Mysore has grown into a key industrial centre in the region over the years. The city’s industrial environment is diversified, comprising industries such as information technology, textiles, automobile manufacturing, and food processing. The development of Mysore’s Information Technology Park has attracted a large number of IT businesses, contributing to the city’s image as an emerging IT destination. Furthermore, the city’s strategic position, well-connected transportation system, and qualified people have all contributed to its rapid industrial expansion. Mysore’s industrial strength matches its historical attractiveness, making it a one-of-a-kind location where tradition and modernity live together, appealing to both business entrepreneurs and visitors.
Read also: Popular companies to work at in Mysore
Top industries in Mysore
Infosys
Industry: IT Services & Consulting
Sub-Industry: Business consulting, IT and Outsourcing Services
Company Type: MNC
Location: Hootagalli, Mysore, Karnataka – 571186
Founded in: 1981
Infosys, founded in 1981, is a pioneering force in the field of worldwide information technology services. Infosys, an Indian multinational corporation, is known for providing complete business consulting, outsourcing, and information technology solutions. Infosys, a global leader in next-generation digital services and consulting, helps customers in over 56 countries through the challenges of their digital transformation journeys. It continues to alter the global IT industry landscape via its decades-long commitment to innovation and quality.
Wipro
Industry: IT Services & Consulting
Sub-Industry: Business consulting, IT and Outsourcing Services
Company Type: MNC
Location: Metagalli, Mysore, Karnataka – 570016
Founded in: 1945
Wipro, which stands for Western India Products, is a pioneering international IT consulting and system integration service provider based in Bangalore, India. Wipro, which was founded in 1945, has grown to become a worldwide technology juggernaut. Cloud computing, computer security, digital transformation, artificial intelligence, robots, data analytics, and a wide range of technology consulting services are among the company’s various capabilities, which are supplied to clients in an amazing 167 countries.
Automotive Axles
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-Industry: Auto Ancillaries
Company Type: Industry Top
Location: Hootagalli, Mysore, Karnataka – 570018
Founded in: 1981
Automotive Axles (AAL), founded in 1981, is a dynamic joint venture between the Kalyani Group and Meritor Inc., USA. AAL is a prominent producer of drive axles, non-drive axles, front steer axles, speciality & defence axles and drum & disc brakes, with state-of-the-art production facilities strategically located in Mysore (Karnataka) and Jamshedpur (Jharkhand). They deliver these vital components to major truck and bus manufacturers in both local and foreign markets, including light, medium, and heavy commercial vehicles, military and off-highway vehicles, aftermarket services, and global exports.
Plansee India High Performance Materials
Industry: Mineral, Metal, Mining
Sub-Industry: Metallic
Company Type: MNC
Location: Metagalli, Mysore, Karnataka 570016
Founded in: 1921
Plansee India High Performance Materials has been a veteran in the industry since 1921, claiming a century of competence in developing excellent goods made from high-performance materials such as molybdenum, tungsten, tantalum, and tungsten composites. They’ve grown beyond material knowledge over the years, expanding their skills to include the development and manufacture of refractory metal components for a variety of sectors. Today, their footprint spans 12 cutting-edge manufacturing facilities, commemorating a century of innovation and achievement in the area of high-performance materials.
Seiren India
Industry: Garment, Textile
Sub-Industry: Yarn, Fibre, Thread, Textile, Accessories
Company Type: MNC
Location: Kadakola Industrial Area, Mysore, Karnataka – 571311
Founded in: 2012
Seiren India, founded in 2012, has established itself as a prominent participant in the automotive sector, specialising in the manufacturing of car seat textiles and synthetic leather. The firm, which is headquartered in the scenic city of Mysore, Karnataka, has emerged as a prominent supplier to renowned vehicle manufacturers such as Honda, Maruti Suzuki, Toyota, and Ford. Seiren India specialises in producing high-quality materials for passenger vehicle seats and related accessories, meeting the strict demands of the Indian automotive market on a constant basis. With a firm dedication to quality, the company has established a well-deserved reputation for producing creative and dependable goods.
Ranga Rao and Sons Exports
Industry: Food, FMCG
Sub-Industry: FMCG
Company Type: Industry Top
Location: Stage Industrial Suburb, Mysore, Karnataka – 570004
Founded in: 1948
Ranga Rao & Sons Exports, a subsidiary of the prestigious NR Group, was formed in 1948 as Mysore Products and General Trading Company by Shri N. Ranga Rao. They have grown over the years to become a global leader in essential oils, perfumes, incense, and electronics. Shri N. Ranga Rao’s signature prayer brand, ‘Cycle,’ has become a symbol of trust and excellence, with goods exported to over 75 countries. N. Ranga Rao & Sons Exports continues to fascinate worldwide markets with a tradition of innovation and a dedication to quality.
Mysore Polymers & Rubber Products
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-Industry: Auto Ancillaries
Company Type: Industry Top
Location: Metagalli, Mysore, Karnataka – 570016
Founded in: 1981
Mysore Polymers And Rubber Products, better known as Mypol, is a famous rubber product producer that was founded in 1981. They specialise in industrial solutions such as rubber-to-metal bonded products and fabric-bonded diaphragms. Their Mypol tubes are in high demand in the replacement market and are sold throughout India and Sri Lanka through a network of 13 locations that serve over 1,500 dealers.
Glowtronics
Industry: Electrical, Electronics, Batteries
Sub-Industry: Electrical, Electronics
Company Type: Industry Top
Location: Hootagalli Industrial Area, Mysore, Karnataka – 570018
Founded in: 1986
Glowtronics has grown to become a global pioneer in precision manufacturing, specialising in high-precision components, medical devices, and sub-assemblies. With a strong worldwide presence, they sell their high-quality products to a wide range of nations, including the United States, United Kingdom, Australia, Brazil, Europe, and China, and are continually exploring new markets. The firm, located in the tranquil and historic surroundings of Mysore, Karnataka, specialises in manufacturing high-quality solutions for medical laparoscopic, endoscopic, gynaecology, urology, gastroenterology, oncology, and aerospace and defence applications.
Bhoruka Extrusions
Industry: Mineral, Metal, Mining
Sub-Industry: Metallic
Company Type: MNC
Location: Metagalli, Mysore, Karnataka – 570016
Founded in: 1979
Bhoruka Extrusions, previously known as Bhoruka Facades, specialises in the creation of customised aluminium extrusions and associated services. Their extensive product range caters to a global clientele and emphasises technology-driven value generation. As a wholly-owned subsidiary of YKK AP Inc. Japan, they have earned recognition as one of India’s top 10 aluminium product manufacturers for 2023, as acknowledged by Industry Outlook. It is a testament to their industry leadership and innovative approach.
Mitsubishi Heavy Industries- VST Diesel Engines
Industry: Engineering
Sub-Industry: Machineries, Instruments
Company Type: Industry Top
Location: Metagalli, Mysore, Karnataka – 570016
Founded in: 2007
Mitsubishi Heavy Industries (MHI), a well-known multinational company, has made an evident impact in the diesel engine business. In 2007, they launched MVDE in the city of Mysore, India, in cooperation with VST Tillers Tractors Ltd. Since then, MVDE has established itself as a reliable manufacturer of diesel engines for off-highway applications, servicing both domestic and foreign markets. Mitsubishi Diesel Engines, synonymous with dependability and quality, have become household names in tractor manufacturing alongside light towers, mini excavators, pleasure craft boats, and diesel generators for telecom towers.
H&V Advanced Materials India
Industry: Engineering
Sub-Industry: Machineries, Instruments
Company Type: MNC
Location: Kadakola, Mysore, Karnataka – 571311
Founded in: 2007
H & V Advanced Materials India has evolved as a major brand in the world of advanced materials and polymer testing services since its inception in 2007. This firm specialises in making Automotive battery separators such as Hi Glass, Hi Val, and Hi Sep and is located in the culturally rich city of Mysore, Karnataka. H & V Advanced Materials India is a trusted and renowned institution in the business and is devoted to offering high-quality goods and top-notch polymer testing services.
LeePra Technologies
Industry: Manufacturing
Sub-Industry: Electronics
Company Type: Private
Location: Hebbal 1st Stage, Mysore, Karnataka – 570016
Founded in: 2014
LeePra aims to help companies and entrepreneurs create innovative electronic products and get them right the first time around. LeePra Technologies is a leading provider of complete manufacturing services ranging from Printed Circuit boards Assembly to Complete System Integration and Box Build. LeePra provides an end-to-end manufacturing service that extends well beyond just PCB assembly.
L&T Technology Services
Industry: Engineering and R&D
Sub-Industry: Consultancy, design, development and testing
Company Type: MNC
Location: Hootagalli, Mysore, Karnataka – 570018
Founded in: 2012
L&T Technology Services (LTTS) is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services. They offer consultancy, design, development and testing services across the product and process development life cycle. Their customer base includes 69 Fortune 500 companies and 51 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries.
JK Tyres and Manufacturing
Industry: Manufacturing
Sub-Industry: Tyres
Company Type: Private
Location: TK Layout, Mysore, Karnataka – 570023
Founded in: 1974
The flagship company of JK Organisation, JK Tyre & Industries Ltd is one of India’s foremost tyre manufacturers and is also amongst the top 25 manufacturers in the world. For the past four decades, JK Tyre has been at the forefront in driving innovation and excellence in the tyre industry through introduction of ground-breaking technologies and products that cater to diverse business segments in the automobile industry. The Company has 12 globally-benchmarked ‘sustainable’ manufacturing facilities – 9 in India and 3 in Mexico – that collectively produce around 35 million tyres annually.
Asian Paints
Industry: Manufacturing
Sub-Industry: Paint
Company Type: MNC
Location: Mysore, Karnataka – 571302
Founded in: 1942
Asian Paints is an Indian multinational paint company, headquartered in Mumbai, Maharashtra, India. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services. Founded in 1942 by four partners, the company has held the largest share of the domestic paint market since 1967.
Commercial real estate demand in Mysore
Office space: Mysore’s fast industrial boom has drastically altered its office spaces. Modern, well-equipped workplaces have evolved, boosting economic development and job prospects but also altering the urban environment and work culture of the city.
Rental property: Mysore’s growing development has had a considerable influence on its rental property market. With a rise in job possibilities, demand for rentals has increased, resulting in higher rental prices and a wider choice of housing alternatives, changing the city’s real estate landscape.
Impact: The burgeoning industries in Mysore have fueled a robust demand for real estate, leading to a surge in property values. As businesses thrive, the city experiences increased urbanisation, attracting both investors and homebuyers.
Impact on Mysore
The influx of companies in Mysore has resulted in major changes in both living standards and the city’s real estate sector. On the one hand, the expansion of industries has contributed to the city’s economic development by producing employment and stimulating the local economy. However, it has also brought up environmental issues, such as increasing pollution and resource use. As a result, the demand for homes near these industrial zones has increased, leading to the growth of suburban residential real estate. Commercial real estate has also grown, with businesses and services catering to the expanding industrial sector. Finding a good balance between economic progress and environmental sustainability is a critical concern for the future development of Mysore.
FAQs
What are the most well-known industries in Mysore?
Mysore is well-known for its broad industrial landscape, which includes a strong presence in information technology, automotive, and electronics, making it a technological and manufacturing powerhouse.
How many industrial zones are there in Mysore?
Hebbal, Metagalli, Hunsur, Yadavagiri, Nanjangud, Seegur and Belagola are among the areas with a strong industrial presence in Mysore. These vibrant industrial sectors greatly contribute to the city's economic vitality and job possibilities.
What are some of Mysore's top companies?
Some of Mysore’s top companies are Infosys Limited, Wipro, Automotive Axles, Plansee India High Performance Materials, N. Raga Rao and Sons Exports, Mysore Polymers & Rubber Products, Glowtronics and Bhoruka Extrusions.
What is the reason behind Mysore being referred to as the Silk City?
Mysore is renowned for hosting one of India's largest silk markets, supplying the renowned Mysore silk sarees, which is a patented product of KSIC. Ramanagara stands as Asia's largest cocoon market. Therefore, it is referred to as the Silk City.
What are the well-known products from Mysore?
The exquisite Mysore silk saree, renowned for its artistry, is one popular Mysorean product. In addition to this item, Mysore also creates paintings, agarbatti, coffee powder, art made with rosewood inlay, and sandalwood, which all pay homage to the city's long-standing artistic and cultural heritage.
Why is Mysore often referred to as a rich city?
Essential goods, including sugar, salt, iron, pepper, cardamom, betel nuts, tobacco, and sandalwood, were exclusively produced by the government. It also had influence over the silver, gold, and precious stone mining industries, as well as the extraction of incense oil from sandalwood.
Which market is referred to as the oldest in Mysore?
Situated in the heart of historic Mysore, the Devaraja Market is said to have a lineage that spans several centuries. It is believed that a marketplace, in some iteration, has been present in this location dating back to the era of Tipu Sultan.
What is the finest neighbourhood to stay in in Mysore?
The finest neighbourhoods to stay in Mysore for families include Gokulam, Hebbal, Dattagalli, Vijayanagar 4th Stage, JP Nagar, Kuvempunagar, and Bogadi, each providing distinctive amenities and lifestyles to accommodate different preferences.
What natural resources are available in Mysore?
Mysore has a variety of natural resources, including minerals such as kyanite, quartz, chromite, and limestone. The major soil type is red, ranging from gravelly loam to clay, and it shapes the region's distinctive topography and resource profile.
Why is Mysore famous?
Mysore has gained recognition as the City of Palaces, primarily due to its renowned royal residences. Among these, the Mysore Palace, also referred to as the Ambavilas Palace, stands out as the city's most illustrious and iconic landmark.
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Anil Shah, is your go-to source for property market insights. He excels at understanding and explaining the latest trends in residential real estate and making complex real estate concepts easier to grasp. Anil’s fact-based analysis helps buyers and investors make sound decisions in the housing sector.
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