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Opportunity Beckons You in Mysore
Mar 2009
Mysore, the imperial city, is the erstwhile capital of the Mysore maharajas who ruled Mysore state from this royal city. Situated 763 meters above sea level and surrounded by hill ranges from north to south, Mysore revels in maintaining its old world charm and mysticism. About 140 Kms from Bangalore, Mysore has never failed to mesmerise tourists with its quaint charm, rich heritage, magnificent palaces, beautifully laid-out gardens, imposing buildings, broad shady avenues and sacred temples.
Most Indian cities may have been swept by the wave of modernization and globalization, but Mysore has a very strong affiliation to it’s their originality and ethnicity which it refuses to part with. The institutions of Carnatic Classical Music and Dance are still very much revered and celebrated.
A congenial industrial ambience, salubrious climate, excellent labour relations and more importantly, skilled manpower has been instrumental in attracting investments to the city. Today, Mysore is driving domestic growth, crafting careers and creating wealth through a potent mix of resource based, skill based, technology and knowledge based products and services. Mysore has an enduring tradition of tapping technology to trace a steady growth curve across diverse sectors of the economy. Undoubtedly Mysore carries the enviable tag of being the apple of the most technology savvy State i.e. Karnataka.
Integral to Mysore is the investor friendly policy framework and carefully devised support mechanisms to promote investments. Investors can be rest assured that they get the best of services, facilities and assistance from the very beginning to the implementation of their projects - thanks to structured and simplified procedures.
Mysore has been quick in responding to the growing infrastructure needs and is continuously upgrading investments in infrastructure with several mega projects underway and many in the pipeline. Economic resurgence, buoyant markets and burgeoning demand attributed by growing population translate to a scenario brimming with immense possibilities for growth and wealth creation. Now is the time - to ride the crest of a wave full of advantages
Industries in Mysore
The Mysore industrial zone is a fine blend of industries and educational institutions known for excellence. Since ages, Mysore is known for its traditional silk sarees, exotic sandalwood oil and incense. Mysore silk is well known for its quality and everlasting luster. The sandalwood and rosewood carved articles are the major attractions of the city beautiful.
Industries in Mysore district are mainly concentrated around the cities of Mysore and Nanjangud. The Karnataka Industrial areas Development Board (KIADB) has established six industrial areas in Mysore district to encourage industrial development of the district. These are located in Belagola, Belawadi, Hebbal (Electronic City), Hootagalli, Nanjangud and Thandavapur.
The Next IT Hub
Mysore is proving to be the next IT hub in Karnataka after the phenomenal success of Bangalore. The Government of India has recognised the potential of Mysore to emerge as the number one city among the 20 Tier II cities of India for the promotion of IT industry. Currently, all of the IT related industries are concentrated around the Mysore city. The Software Technology Park (STP) in Mysore is the city's pride.
The Next Investment Destination
Mysore is the apple of Karnataka, one of the five most industrial states of the country. Over 500 MNCs and 66 global fortune 500 companies are doing business in the state. If you had ever been exploring business opportunities in the state, Mysore provides you convinving reasons for the same.
The city holds you the promise of an investor-friendly environment with highly
simplified procedures and fast track approvals through single window mechanism. Good connectivity and good logistics support and spur investments.
Mysore has good presence of leading IT, biotechnology, electronics, telecommunications and heavy machinery industries. This is attributed to excellent telecommunication network and optical fibre connectivity. Business environment in the state has been eased and facilitated by the implementation of the Industrial Facilitation Act by the government of Karnataka. The city is endowed with perhaps the best industrial relations and congenial law and order conditions in the country. For most enterprises, availability of skilled manpower remains the most harrowing bottleneck. Mysore exhibits an immaculate blend of traditional industries, modern industries and excellent educational and training institutions. This explains the availability of highly skilled manpower churned out by a large number of engineering colleges and technical institutions.
The city also houses world class research and development institutions in the country. Excellent infrastructure, availability of land and quality power and water supply ensure smooth functioning of enterprises.
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