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Home >> Economy  

The city, along with its nearby industrial towns has witnessed a consistent industrial growth, followed by the implementation of South Asia's second railway track between Chennai Royapuram and Walajah. The Golden Quadrilateral road; has significantly improved the region's industrial activities.Vellore lies between the IT majors (Chennai & Bangalore) and major pilgrim centres (Tirupathi and Thiruvannamalai). Thousands of men and women from here travel to Chennai and nearby industrial towns everyday for work.

Leather industry

Hundreds of leather and tannery industries are located around Vellore and its nearby towns such as Ranipet, Ambur and Vaniyambadi. The district is the top exporter of finished leather goods in the country. Vellore leather accounts for more than 37% of the country's Export of Leather and Leather related products such as finished leathers, shoes, garments, gloves and so on.

Chemical and other industries

Numerous chemical industries located in Ranipet-SIPCOT form a major source of income. BHEL (Bharat Heavy Electricals Ltd - one of the nine major Federal Government owned enterprises in the nation), EID Parry (sanataryware product manufacturing company with 38% of world's market share in the segment of bathroom accessories), Tirumalai Chemicals and Greaves are among the many international brands located here. Arakonam, a town near Vellore is the home of major companies like MRF, while TVS Lucas has its major manufacturing facilities in Sholingur (40 km from Vellore).

Asia's biggest explosives manufacturing company TEL(Tamil Nadu Explosives Limited) is located in Vellore at Katpadi.

The city is also famous for medical tourism. CMC Hospital which is located in the heart of the city is the biggest private employer in the city. It creates a large floating population, mostly from other states of India and foreign countries. Lodging, hospitality and allied businesses are among major sources of income generated in the central part of the city. With the advent of hospitals such as Apollo KH Hospitals, Melvisharam and Sri Narayani Medical Research Center, Ariyur and colleges such as CMC, VIT and other engineering and science colleges, hospitality industry is growing at a rampant pace.

The mainstay for people in the rural areas is not agriculture but industries like weaving, beedi rolling and match-stick rolling. Interestingly, Indian Army has significant number of men from Vellore district. And hence, it is one of the major source of income for the region.Also, the city is known for its huge expatriate population scattered around the world, especially in Middle east and North America; which forms major source of wealth.

Sripuram in the southern tip of the city has interestingly cajoled up at lot of tourism interests in city and the surrounding areas.

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