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Business and Economy of Berhampur

Berhampur is the most populated city in the Ganjam district of Odisha. It is legendary and acknowledged for the exquisite silk sarees that are woven with silver and gold threads. Berhampur, apart from being a hugely respected city with great esteem, is also termed as a commercial centre for not only the district of Ganjam but the whole state of Odisha. This city is a perfect amalgamation of sea, sand and sun as it is positioned by the Bay of Bengal. Being a maritime district and close to the sea-side it attracts a considerable amount of business and tourists. The fine sandy beaches and the excellent art work makes Berhampur unique as compared to the other coastline cities.

Business and Finance in Berhampur

Berhampur’s most sort after and unique home decor includes brass and bell metal ware, wood carvings, horn toys and carpets. Apart from all this, Berhampur is also a major trading centre for Spices, Clothes, Tamarind, etc. This city is also famous for the manufacturing and trading of “Patto” or Sarees and also Bamboo-Straw handicrafts. Going by unique and exquisite availability of silk, Berhampur has been honorably nicknamed as “The Silk City”.

Business and Finance in Berhampur

Berhampur has received nationwide acceptance and is celebrated for its silk and the majestic temple structures. With the ever growing industrial and economic development, Berhampur has become a hub for trade and commerce. This becomes an important factor here for bringing in a number of class tourists who shop for the best attire and the unique collection of ornaments. Another reason for the increasing amount of tourists in the city is due to the various religious and tourist destination including the shrines of Thukurani, Nilakantheswar and Jagannath.

Economic profile of Berhampur

Berhampur is the most important city and business centre of southern Odisha which experiences huge pressure due to the ever growing population has surpassed the need for educational and cultural centers. Apart from all this, Berhampur has got many Recreation Centers including Two Stadiums, Libraries, Cinema Halls, and other Cultural Centers. Due to the passion of the cine-goers there is a need for huge cinema theater complexes here. Some of the famous movie theaters in Berhampur include Gautam, Shiva, Rukmini, Shakti, Paramjyoti and Payal. Theatre has been the main source of business and entertainment from the early days of 193 till the rise of motion pictures. Education, entertainment and literature has gradually become the main strength of this city.

Trade and Industry in Berhampur

The industrial estate in Berhampur is about 30 acres of land having 54 industrial sheds. The major industries here include engineering and fabrication, electrical equipments, pharmaceuticals, tarpaulin, wire nail, polythene, flourmill, ice plants, etc. Besides these, there is another industrial estate which is also located at Sri Ramchandrapur near the city of Chhatrapur which spreads over an area of 34 acres. This industrial estate promotes chemical and ancillary industries. Two industrial growth centers that is Haladiapadar and Aska Road have come up in the city which promote the development and growth of automobile industries.

Trade and Industry in Berhampur

There are in all about 750 small scale industrial units in the city of Berhmapur. These industries have been differentiated under categories including food , electrical and electronics, pharmaceuticals, engineering works, plastic, cement products, repairing and servicing based industries, etc. There is one huge industry that is the Indian Rare Earth Ltd. which is situated at a distance of 20 Km away from the city. Besides these industries, many state level software companies are set up in Berhampur which offer quite a many opportunities with major cities for BPO and IT companies. Perfect Infotech which is a Delhi based IT company has many branches in this city. The third Software Park that is the STPI of Odisha is being built at Berhampur in Ambapua which spreads over an area of 10 acres for the development of ITES and IT industries. Due to the growth of business, industry and economy, Berhampur can thus be included in the list of the major cities in the country of India.

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