Lucknow, the capital city of Uttar Pradesh, has emerged as a significant business hub in northern India. The city’s strategic location, skilled workforce, and favorable business environment have attracted numerous industries and exporters. Let’s look into the leading businesses in Lucknow, highlighting key industry verticals and exporters in Lucknow.
Industry Verticals of Leading Businesses in Lucknow
- Manufacturing: Lucknow is home to a diverse range of manufacturing units, including:
- Chikankari and Chikan garments
- Automotive components (Tata Motors)
- Electrical and Industrial Components (Acme Pumps, PTC Industries)
- Packaging Material (Alvi Packaging)
- IT and ITES: Lucknow has witnessed significant growth in the IT and ITES sector, with many companies setting up their operations in the city. Some notable players include:
- Tata Consultancy Services (TCS)
- HCL Technologies
- Pharmaceuticals: Lucknow has a strong presence of pharmaceutical companies, including:
- Manufacturing of Lab Equipment and Medical Devices (Mehrotra Biotech)
- Agriculture and Allied Industries: Being an agricultural hub, Lucknow has numerous businesses engaged in:
- Mango Exports
- Dairy products (Amul, Gyan, Parag)
- Health Snacks and Food Supplements (Organic India, Keeros Superfoods)
- Food grains trading and processing
- Real Estate: Lucknow’s Real Estate sector has seen an exponential growth in the last decade. Some of the big names from Lucknow in the Real Estate are:
- Eldeco
- Halwasiya
- Omaxe
- Rohtas
- Sahu
- Shalimar
Lucknow Exports
- Chikan Exporters: Lucknow is a significant center for export of Chikan Garments with Chikankari embroidery with companies like: Ada Chikan, Almas Chikan, MLK Exports, Nazrana Chikan, Paramount Chikan.
- Handicraft Exporters: Lucknow is famous for its handicrafts, including Zardozi work especially for Bridal Wear
Government Initiatives to Promote Business in Uttar Pradesh
The Uttar Pradesh government has implemented various initiatives to promote industries and exports in Lucknow, including:
- Uttar Pradesh Industrial Development Policy (2022): Aims to promote industrial growth, employment, and exports in the state.
- U.P. State Industrial Development Authority (UPSIDA): Established to facilitate industrial development, provide infrastructure, and support entrepreneurs.
- Export Promotion Councils: Set up to promote exports from Lucknow and provide support to exporters.
Conclusion
Lucknow’s business ecosystem is thriving, with a diverse range of industries and exporters contributing to the city’s economic growth. The government’s initiatives and support have created a favorable environment for businesses to flourish. As the city continues to grow and develop, it is likely to attract more investments, industries, and exporters, solidifying its position as a leading business hub in northern India.