News Karnataka
Thursday, October 21 2021

Mysuru

Amid Covid pandemic Mysuru achieves industrial growth, exports products worth Rs 2,914 crore

Mysuru: Amid setback due to covid for businesses and trade in the State, cultural city Mysuru achieved growth in the export of automobile and handicraft products with annual turnover crossing Rs. 2,914 crore, a rare feat in the pandemic times.

Mysuru is popular as Heritage city and the industrial growth is building hopes of the City taking a place in growth only next to Bengaluru .The Union Government’s  Vocal for Local concept is the key reason for this growth as the City focused on exports. Mysuru is in the lead since over 100 years with home grown brands like Mysore Sandal soap, Mysore silk and handicraft products, which are having takers in and around the globe. Now, automobile and software is giving additional boost to Mysuru export rankings.

TVS and J K Tyre Industries export alone is worth around Rs. 1000 crore and handicrafts mainly inlay products export share is about approximately Rs. 800 crore. Even when the Covid pandemic hit the industrial sector, Mysuru achieved well in exports and continues to be in the global space in manufacturing and exports. Mysuru is exporting its best products to 63 countries, and 157 industrial units are in the top list.

Mysuru is now top two in software exports after Bengaluru. The City is also exporting Electronics, Electrical, Masala products and gems and jewellery products, Indelible Ink and medical equipment among others. Mysuru has its own uniqueness, because out of 48 GI products in Karnataka, Mysuru owns nine GI Products.

Speaking to News Karnataka, Joint Director of District Industries Centre D. K. Lingaraju said “Mysuru is going to set up a new Export House at the cost of Rs. 5 to 6 crore and it will provide all services to improve exports, like customs, credit and quality analysis units.”

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