Concept

Economy of Thrissur

Résumé
The city of Thrissur, the cultural capital of Kerala, is also a major commercial and business hub of South India. It is said to be the heartland of Kerala's business acumen and home to most every leading Malayali entrepreneurs. The city which is famous for Bullion, Banking and its Business acumen, is the darling of investors in Kerala. Thrissur is also referred as the Golden city of India. It manufactures 70% of plain gold jewellery in Kerala per day. According to a survey, Thrissur city has been placed on 7th among the ten cities in India to reside. According to Registrar of Companies, the period from 1 January to 31 March 2010, 87 companies were registered in Thrissur and stood second in Kerala after Cochin. Thrissur's traditional strength lies in best entrepreneurial and financial capabilities. Historians say that King of Cochin, Sakthan Thampuran, invited 52 Syrian Christian families from the neighboring areas established them at oottupura or mass feeding centers and encouraged them to do business in textiles. The industries of Thrissur contribute largely to the district's and city's economy. The presence of leading industrial houses in Thrissur has boosted the industrial scenario of the area. Though, the city has numerous types of industries in Thrissur. The economy of Thrissur is largely dependent on industries, retailing and financing. Thrissur is one of the most important industrial centers of the state of Kerala. Industries like textile, timber, coir, fishery industries, agriculture-based industries, tiles industries are present in Thrissur. However, the above-mentioned industries are not the only sources of revenue for Thrissur. The tourism industry plays an important role in Thrissur's economy. As Kerala is known more as a consumer state rather than a producer state, Thrissur also carries the same tag, as retailing is a big business and revenue earner for the City. Jewellery and textile retailing occupies a major part of the retailing business in Thrissur.Thrissur city is advanced in real estate sector.
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