Economy in GunturGuntur has developed into a commercial centre with commercial export of tobacco, red chillies, cotton all over the globe. Agriculture is also a predominant occupation of people living in villages. There are enough rivers to irrigate the fields and grow crops.
Industrialization too has given its due to people by raising their standards of living and giving them opportunity of employment. There are many manufacturing industries in and around Guntur.
Guntur is an educational hub too with some of the best educational institutions imparting professional education to the youth. With trained man power available in the city, it is no surprise that there are a number of BPOs and It companies in the city. The 'Patnam Bazar' area is well known wholesale market for all types of consumer items and goods.
Farming in Guntur
River Krishna and the Guntur Branch Canal (GBC) aid in agriculture by supplying adequate water for irrigating the paddy fields and farm lands in the outskirts of Guntur city where cotton, food grains, pulses like jowar, bajra, black gram, bengalgram, redgram and a variety of crops are grown. Tobacco Drying is done in Grandhasiri village near Guntur. The major forest produce in the district is timber, while minor forest produces include bamboo and beedi leaves.
Export of Goods and Produce from GunturTobacco, cotton, red hot and spicy chillies are exported from Guntur to different parts of the world. In fact, Guntur houses the largest Asian market for red chillies. Even the Tobacco Board has its Head Office in Guntur city. Do you know that soon you will be able to stroll around in the 'Spice Park' which is being constructed in Guntur.Cotton produced here is of very fine quality and is used to make superior quality sarees.
The long coastline (about 40 miles long) make trade and commerce feasible. Most of the export takes place from Chennai harbour. The ICD (Inland Container Depot), that is, Guntur Container Terminal near Marripalem, helps in port operations in Guntur Region.
Industries in GunturThere has been industrial development in the city to a certain extent and the skilled professionals have secured jobs in these industries. These include cement industries, fertilizer industries, diamond and other ore processing units, dairy, chemical, jute and granite factories. There are also wooden based furniture industries, leather based industries, rubber, plastic and petrochemicals based industries and other engineering and ready-made garments and embroidery units.
New industries are being encouraged by government to set up base here. There is an Information Technology (IT) Park that is coming up in the outskirts of Guntur and another textile hub on the South-West part of the city.
Solar Power is being tapped for good and the Municipality has utilized it for lighting in parks and traffic junctions. Net Metering of Solar Rooftop Photo voltaic Power (SPV) Systems enables excess power generated on rooftops of houses to be diverted for the running of myriad industries.
Andhra Cement Ltd, Arka Leisure & Entertainments Pvt Ltd (Haailand), Bommidala Enterprises Pvt Ltd. (Pharmaceuticals), Chaitanya Packaging Pvt Ltd., Diehard Dies Pvt Ltd. (machinery), Bharath General Textile Industry, Sri Bhajarang Jute Mills Ltd., Green Leaf Tobacco Threshers Ltd.,L.C.K.Cements Ltd., Bommidala Filaments Ltd. etc. some industries in Guntur.
Tourism in GunturThere are modern parks and museums as well as many historical places which are worth visiting for their historical and architectural significance. There are many temples in Guntur too which are visited by tourists throughout the year.
Amaravathi, Bhattiprolu, Kondaveedu, Kotappakonda Trikutaparvatam, Guthikonda Caves, Sitanagaram, Undavalli-caves, Mangalagiri, Chebrole and Chejarla are some tourist places near Guntur.
Why to Invest in GunturGuntur city has come up as a modern, industrialized and developed city where there is enough water and infrastructural facilities for growth of business enterprises. IT industries, agricultural products, tourism, export of goods and produce etc. have contributed in the economy of Guntur. Tourism has brought its own share of income for the city. Then, as an educational hub, the city attracts thousands of students every year for professional education. This has given a boost to transportation, hotels and restaurants.
Many hospitals have come up in Guntur. Related businesses such as pharmacy stores, employment opportunities for paramedical staff and construction work etc. too have increased employment opportunities here. People do not have to travel to other places for treatment. In fact, patients from other districts and cities come to Guntur to avail of state-of-the-art treatment facilities here.
Guntur is well connected with all major towns and cities. APSRTC buses are doing a fine job by making it comfortable for people to travel from place to place. Airport in Guntur is in the offing. Keep your fingers crossed!
There are mineral deposits of limestone, clay, quartz, copper, and lead in and around Guntur. Lime stone is found in abundance in Pidiuguralla, Macherla, Pondugula and Tadipalli regions near Guntur. Copper deposits are also found in Agnigundala. Napa stones are found in good quantity in various areas in Guntur district.
Guntur is also known for its cotton sarees. It is a textile hub in its own right! The finest quality cotton is available here.
Investing in Guntur is after all, a good idea indeed. It is developing fast and the law and order situation is in control for managing a business Guntur has reserved an important place in the international market as far as red chillies, tobacco and cotton are concerned.