Economy of Mangaluru

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Last edited February 22, 2026



File:Falnir skylines viewed from Kankanady.jpg
Mangaluru skyline

Industrial and commercial activities dominate Mangaluru's economy. Mangaluru is the only city in the state of Karnataka to have all modes of transport — air, road, rail and sea — as well as being one of only five cities in India to have both a major port and an international airport. Around 75% of India's coffee, timber and cashew nuts exports are handled by the New Mangalore Port.[1] Mangalore International Airport is one of only two international airports in Karnataka; the other being Bengaluru's Kempegowda International Airport.[2] Mangaluru is the fastest growing non-metropolitan area (Indian city of population less than one million) in South India[3] and the second largest business centre in Karnataka. The city has some of the tallest buildings in South India, with many more under construction.[4]

Petrochemicals and processing

File:Iron Ore factory.jpg
The Kudremukh Iron Ore Company in Mangalore

BASF,[5][6] Mangalore Refinery and Petrochemicals Ltd. (MRPL), Mangalore Chemicals and Fertilizers Ltd. (MCF), Kudremukh Iron Ore Company Ltd. (KIOCL), Hindustan Petroleum Corporation Limited (HPCL),[7] Bharat Petroleum Corporation Plant (BPCL),[8] Indian Oil Corporation Limited (IOCL),[9] ONGC Mangalore Petrochemicals Limited (OMPL), JBF Petrochemicals[10] and Total Oil are the major petrochemicals and processing industries in Mangaluru.[11] One of the largest SEZ in India, the ONGC - Mangalore Special Economic Zone is in Mangaluru. MRPL, the only refinery in the state, will soon get a Navaratna status. Mangalore Chemicals & Fertilizers (MCF), the only fertilizer factory in the state, is situated at Baikampady. HPCL has its oil refinery at Mangaluru.[12][13] BPCL has established an LPG plant near the New Mangalore Port.[14] BASF has established a Research and development (R&D) centre at Mangaluru.[15][16]

At the Mangaluru Special Economic Zone, in a new 15 million tonne refinery, petrochemical plant and power and LNG plants, The Oil and Natural Gas Corporation (ONGC) plans to invest over Rs. 35,000 crore. Of the country, this will be the first Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR).[17] India has built 5.33 million tons of strategic crude oil storages at Mangalore, Padur (near Udupi) in Karnataka and at Visakhapatnam to ensure energy security.[18][19][20] Mitsui, a Japanese conglomerate has planned to set up an LNG terminal in Mangalore.[21]

Logistics and Shipping

Interlog Services, a French logistics firm has established its office at Mangaluru Hills.[22][23]

The table below lists some of the Logistics and Shipping companies situated in Mangaluru.

Logistics and Shipping firm Headquarters
Interlog Services[24] Orléans, France
Seaways Shipping and Logistics Ltd.[25] Hyderabad, India
Delta Infralogistics (worldwide) Ltd. Mangaluru, India
Hapag-Lloyd[26] Hamburg, Germany
Maersk Line[27][28] Copenhagen, Denmark
SeaShine Shipping and Logistics Ltd.[29] Chennai, India
CMA CGM[30] Marseille, France
Morrison Express[31] Taipei, Taiwan
DIX Shipping Ltd.[32] Mangaluru, India

Ship building

Bharati Shipyard Ltd (BSL) (now known as Bharati Defence and Infrastructure Limited) has established its ship building site near Tannirbavi in Mangaluru.[33] Mangaluru is the 6th shipyard established by BSL. Cargo ships are built here which have a maximum length of 120 meters.[34] BSL's subsidiary, Tebma Shipyard Limited has a ship manufacturing site at Malpe, which is 56 km from Mangalore city.[35]

Manufacturing industries

Sequent Scientific Ltd. is a Pharmaceutical company, and has its manufacturing unit at Baikampady in Mangaluru.[36] Syngene International, a contract research arm of Biocon, has set up its manufacturing plant at Mangaluru SEZ.[37][38][39] Solara, a pharmaceutical company also has its manufacturing unit in Mangaluru.[40] Hindustan Unilever has set up a factory in Boloor which produces mainly Rin detergents.[41][42] Suzlon has established its wind energy generation plant at Padubidri near Mangaluru. Suzlon Energy plans to manufacture REpower wind turbines at its plant near Mangaluru.[43] Bakery and confectionery industries are also found in Mangaluru; Gyp-gyp-gy[44] and Narans[45] are a few among them. Primacy Industries Ltd. in Mangaluru manufactures scented candles and exports them to Europe, United States and the Middle-East.[46][47] Catasynth Speciality Chemicals, a manufacturing facility of Anthea Group has its office in Mangaluru.[48]

Banking and Finance

File:Near the entrance of Corporation Bank head office in Mangalore.jpg
Corporation Bank headquarters at Pandeshwar in Mangalore

Four of the twenty banks nationalized during the first half of the 20th century were established in Mangaluru.

Bank Founded Founded by Head Office (present)
Corporation Bank Template:Start date and age Khan Bahadur Haji Abdulla Non-existent bank
Canara Bank Template:Start date and age Ammembal Subba Rao Pai Bangalore
Syndicate Bank Template:Start date and age T. M. A. Pai Non-existent bank
Vijaya Bank Template:Start date and age A. B. Shetty Non-existent bank

Karnataka Bank Limited was established on 18 February 1924 in Mangalore.[49] In addition to these, two banks were established in nearby towns. Corporation Bank was founded in Udupi by Khan Bahadur Haji Abdulla Haji Kasim Saheb Bahadur in 1906,[50] and Syndicate Bank was co-founded in Manipal by T M A Pai, Upendra Ananth Pai and V S Kudva in 1925. While Karnataka Bank Limited is still headquartered in Mangaluru, Canara Bank[51] is headquartered in Bengaluru.

The Mangalore Stock Exchange (MgSE) was incorporated on 31 July 1984 as a public limited company. The company was granted recognition as a stock exchange on 9 September 1985.[52] It was de-recognized by the Securities and Exchange Board of India (SEBI) on 31 August 2004.[53][54] Appeals by the Stock Exchange to overrule this order have been subsequently rejected on 2 November 2005 and 4 October 2006.[55]

Robotics and Automation

Mangalore Robautonics Pvt Ltd is a company that designs, develops and manufactures Robotics and Automation systems for agricultural, industrial and consumer sectors.[56][57][58]

Robotics Company Location
Mangalore Robautonics Pvt. Ltd Kulur
Vanora Robots[59] Bejai
Epitas Software LLP[60] Derebail
Unimation Robotics[61] Falnir

Information Technology (IT)

File:Mangalore infosys.jpg
Infosys campus in Mangalore

Major information technology (IT) and software companies like Infosys,[62][63] Cognizant Technology Solutions,[64][65] Endurance International Group[66][67] and Thomson Reuters[68] have their branches at Mangaluru.[69] Tata Consultancy Services (TCS) has planned to invest Template:INRConvert and setup its office at Karnad near Mangaluru.[70][71]

Other multinational software companies having their presence in this coastal city include Novigo Solutions, MResult, Riskonnect (specialized in Risk management),[72] Coresight Research (specialized in Artificial Intelligence, Analytics and Blockchain),[73] Arkieva (specialized in Supply Chain management)[74] and Tetherfi (specialized in Virtual Banking and Automation).[75] Mphasis BPO has one of its branches at Mangalore.[76] KEONICS has planned to set up an IT park in Mangalore, similar to Electronic City, spanning an area of 100 acres.[77]

Food processing

Campco has its chocolate manufacturing plants at Baikampady and Puttur near Mangalore.[78] The plant produces chocolates and other products of cocoa both under its own brand and also for Nestle.[79] Achal Industries has built its cashew processing plant at the Baikampady Industrial Estate in Mangalore.[80] Ideal Ice Cream Factory, situated at Kottara Chowki in Mangalore, manufactures over 40 flavours of ice-creams.[81][82] Mangalore also houses the edible oil refinery of Adani Wilmar.[83]

Industry Location
Campco Ltd APMC Yard, Baikampady
Achal Industries Industrial Area, Baikampady
Mangala Cashew Industries (DVK Group)[84] Padavinangadi
Kalbavi Cashews[85] Industrial Area, Baikampady
Ideal Ice Cream Factory[81][82] Kottara Chowki
Spectrum Industries[86] Yeyyadi Industrial Estate

Cruise tourism

File:Norwegian Star - Mangalore.jpg
Norwegian Star, a Cruise ship docked at the New Mangalore Port

Various cruise ships such as Regent Seven Seas, Norwegian Star, Oceania, Celebrity, Costa, AIDA, Nautica and Royal Caribbean International have visited the New Mangalore Port.[87][88] Foreigners can enter Mangalore through the New Mangalore Port with the help of Electronic visa (e-visa).[89] Cruise ships from Europe, North America and UAE arrive at New Mangalore Port to tour the places around Mangalore.[90][91]

Startups

Government of India has planned to make Mangaluru the first startup district in the country with 20 tinkering labs and incubation centres.[92][93] The startups aim at providing solutions in agriculture, health, education and information technology.[94] Centre for Entrepreneurship Opportunities and Learning (CEOL) - the first startup incubation centre of Coastal Karnataka is present at Mallikatta in Mangaluru city.[95][96] Government of Karnataka has planned to make Mangaluru an Animation hub for the State.[97]

Research and Development (R&D) centres

There are 3 Research and Development (R&D) centres near Mangalore. They are

  • BASF - located at Katipalla[15][16]
  • Central Plantation Crops Research Institute (CPCRI) - located at Vitla[98]
  • National Research Centre for Cashew (NRCC) - located at Puttur[99]

Special Economic Zones

The following special economic zones to be located in and around Mangalore have been approved by Board of Approval, Government Of India & Under establishment.[100][101]

Location Status Name of Promoter
Multi Product Special Economic Zone - 588 hectares Attracted Rs.13,000 crores until date with exports from units exceeding Rs.2,500 crores. Mangaluru SEZ Ltd.[102]
Infosys - IT&ITES SEZ - 125 hectares Notified and 1st phase operational Infosys Tech. Ltd.[103]
Thumbay, Bantwal, Dakshina Kannada District - IT/ITES SEZ - 10 hectares Formal approval and notified. Under Implementation. B.A.Tech Park Pvt. Ltd.[104]
KIADB - IT&ITES SEZ - 203 hectares Formal approval Karnataka Industrial Areas Development Board[105]
EPIP Indl.Area, Ganjimutt - IT/ITES SEZ - 10 hectares Formal approval Nitesh Estates Private Limited[106]
EPIP Indl.Area, Ganjimutt - IT/ITES SEZ - 10 hectares Formal approval Brigade Enterprises Private Limited
EPIP Indl.Area, Ganjimutt - IT/ITES SEZ - 10 hectares Formal approval Kinfotech Software Pvt. Ltd.
Padubidri, Udupi District. - Hi-tech Engineering SEZ - 259 hectares Notified and 1st phase operational. Suzlon Infrastructure Ltd.[107]

Fishing

File:Mangalore fishing.JPG
Fishing in Mukka, in Mangaluru taluk

Fish is one of the widely consumed food in Mangalore.[108] Old Mangalore Port is the fishing port in Mangalore.[109] The city has an ice factory on the banks of Netravati river and fish meal processing industries.[110]

Traditional commerce and industry

Tile industry

Although the tile industry has been in decline due to the predominance of concrete in modern construction, Mangalore tiles were exported to East Asia, Europe, Australia, Africa, and the Middle East.[111]

Arecanut industry

Arecanut industries are small-scale operations.[112] Arecanuts are cultivated in the hilly regions towards the east of the city.[112] Template:-

Leaf spring industry

The leaf spring industry has its presence in Mangalore, with Canara Workshops Ltd. and Lamina Suspension Products Ltd. in the city.[113]

See also

References

  1. ↑ Mangalore takes over as new SEZ destination. The Economic Times(2008-02-17).
  2. ↑ Mangalore Airport Traffic up by 92% Surpasses Mumbai Bangalore Chennai. Daijiworld(18 May 2008).
  3. ↑ http://www.censusindia.gov.in/2011-prov-results/paper2/data_files/India2/Table_2_PR_Cities_1Lakh_and_Above.pdf Template:Bare URL PDF
  4. ↑ Mangaluru: Foundation stone laid for South India's tallest tower 'Westline Signature'. Daijiworld(2016-09-18).
  5. ↑ BASF India receives demand notices from Commercial Tax Department, Karnataka. Business Standard(11 October 2019).
  6. ↑ BASF India inaugurates new innovation campus in Navi Mumbai. Outlook(3 March 2017).
  7. ↑ IOCL to commission two import facilities next year. The Hindu(4 July 2017).
  8. ↑ Mock drill at BPCL LPG bottling plant marks chemical disaster prevention day. Deccan Herald(5 December 2014).
  9. ↑ Indian Oil Corporation Limited, distributes wheeler dustbins to Mangaluru schools. The Hindu(30 August 2019).
  10. ↑ JBF Industries' subsidiary enters into long term agreement with ONGC Mangalore Petrochemicals. Business Standard(15 April 2016).
  11. ↑ Total Oil opens second LPG facility at New Mangalore. Business Line.
  12. ↑ HPCL might go solo on its Rs 700-cr LPG cavern in Mangalore. Business Standard.
  13. ↑ Remain positive on HPCL's refining cycle: Nomura. The Financial Express.
  14. ↑ BPCL to set up green bio-fuel refinery. The Times of India.
  15. ↑ 15.0 15.1 Chemical giant BASF to expand India footprint. Hindustan Times(22 November 2011).
  16. ↑ 16.0 16.1 BASF gives Rs 17 crore boost to India business. Daily News and Analysis(8 March 2014).
  17. ↑ ONGC's huge outlay for Mangalore SEZ. The Hindu(19 September 2006).
  18. ↑ India receives 1st parcel of Iranian oil for strategic storage. The Economic Times(12 October 2016).
  19. ↑ 'Strategic storage of crude begins at Mangaluru cavern'. Business Standard(12 October 2016).
  20. ↑ 'India Gets First Iranian Oil Parcel For Emergency Reserves'. NDTV Profit(12 October 2016).
  21. ↑ ONGC ties up with BPCL, Mitsui to set up LNG terminal at Mangalore. Business Standard(12 October 2016).
  22. ↑ Mangaluru: Second office of Interlog Services opens at Mangalore Internet City. Daijiworld(18 September 2016). Retrieved 12 December 2016.
  23. ↑ French logistic firm to open office in Mangaluru. The Times of India(15 September 2016). Retrieved 12 December 2016.
  24. ↑ Interlog Services - Our Locations. Retrieved 26 December 2016.
  25. ↑ Seaways Group - Branch Offices. Retrieved 26 December 2016.
  26. ↑ Hapag-Lloyd - Offices. Retrieved 21 September 2017.
  27. ↑ Maersk Line's breakthrough shipment of papayas set to revolutionize the Indian fruits industry. Hellenic Shipping News(21 June 2017). Retrieved 21 September 2017.
  28. ↑ Maersk Line - Contact. Retrieved 21 September 2017.
  29. ↑ SeaShine Shipping and Logistics Ltd - Contact Us. Retrieved 14 September 2017.
  30. ↑ CMA CGM - Offices & Contacts. Retrieved 23 October 2018.
  31. ↑ Morrison Express offices in APAC. Retrieved 27 January 2021.
  32. ↑ DIX Group of Companies - DIX Shipping. Retrieved 14 September 2017.
  33. ↑ Mangalore: Bharati Becomes First Shipyard to Enter Dakshina Kannada. Daijiworld(16 April 2008).
  34. ↑ Banks approve Bharati Shipyard CDR package. Business Standard(21 January 2013).
  35. ↑ Research vessel flagged off from Malpe. The Hindu(24 February 2015).
  36. ↑ Sequent Scientific to acquire Arvee Synthesis. Business Standard(23 May 2014). Retrieved 2 January 2017.
  37. ↑ Syngene plans $100 mn manufacturing facility in Mangalore. Business Standard(1 September 2015). Retrieved 13 May 2017.
  38. ↑ Syngene International gains after Mangalore facility starts operations. Business Standard(20 March 2020). Retrieved 20 March 2020.
  39. ↑ Syngene International starts operations at Mangalore facility. India Infoline(20 March 2020). Retrieved 20 March 2020.
  40. ↑ Solara's Mangalore facility receives Establishment Inspection Report from USFDA. United News of India(9 November 2018). Retrieved 17 November 2018.
  41. ↑ Mangaluru: Centralized walk-in-interview at Sahyadri Campus on Jul 26. Daijiworld(23 July 2019).
  42. ↑ Hindustan Unilever Ltd.. Business Standard.
  43. ↑ Suzlon to make REpower turbines at Mangalore plant. Business Line(25 March 2016).
  44. ↑ Details of gyp-gyp-gy Trademark. Zauba Corp.
  45. ↑ Mangaluru's Naran's to enter Bengaluru. Business Line(20 April 2016).
  46. ↑ Scented candle manufacturer diversifies into aerosol production in Mangalore. Business Line(13 January 2014).
  47. ↑ Primacy Industries Ltd - About. Primacy Industries.
  48. ↑ Solvay picks up minority stake in Catasynth Speciality Chemicals. Business Standard(28 January 2021). Retrieved 11 March 2020.
  49. ↑ Karnataka Bank - History. Karnataka Bank.
  50. ↑ History. Corporation Bank.
  51. ↑ Cheque truncation process from April, says Leeladhar. The Hindu(20 November 2005).
  52. ↑ Mangalore Stock Exchange (MgSE). SurfIndia (A premier directory on India).
  53. ↑ SEBI derecognises Mangalore Stock Exchange(1 September 2004). Retrieved 22 February 2008.
  54. ↑ Appeal No.158 of 2004. SEBI. Retrieved 22 February 2008.
  55. ↑ Appeal No.158 of 2004. SEBI. Retrieved 22 February 2008.
  56. ↑ Mangalore Roboautonics Private Limited - Our Company. Retrieved 15 June 2017.
  57. ↑ Surinder Sud: Power tillers are back in business. Business Standard(15 June 2015). Retrieved 15 June 2017.
  58. ↑ M'lorean develops remote control power tiller. Deccan Herald(27 February 2014). Retrieved 15 June 2017.
  59. ↑ Vanora Robots - About. Retrieved 15 June 2017.
  60. ↑ Home - Epitas. Retrieved 15 September 2019.
  61. ↑ Unimation Robotics - Industrial Automation Solutions. Retrieved 19 November 2019.
  62. ↑ Mangalore: Infosys conducts 'Hack-a-thon' contest for students. Daijiworld(9 January 2014). Retrieved 4 September 2018.
  63. ↑ Infosys to expand SEZ in Dakshina Kannada district. Business Standard(24 April 2012). Retrieved 4 September 2018.
  64. ↑ Cognizant – Careers. Cognizant Technology Solutions. Retrieved 4 September 2018.
  65. ↑ Cognizant to enlarge IT SEZ by 50%. Daily News and Analysis(13 June 2013). Retrieved 4 September 2018.
  66. ↑ Endurance International Group – Our Offices. Retrieved 4 September 2018.
  67. ↑ Endurance International Group – Our Locations. Retrieved 4 September 2018.
  68. ↑ India - Thomson Reuters. Retrieved 4 September 2018.
  69. ↑ Mangalore takes over as the new SEZ destination. The Economic Times(17 February 2008). Retrieved 4 September 2018.
  70. ↑ Mangaluru: TCS to invest Rs 500 crores in Dakshina Kannada, create 4,000 jobs. Daijiworld(6 August 2020).
  71. ↑ Karnataka: TCS gets nod to set up ITeS in Dakshina Kannada. The Times of India(7 August 2020). Retrieved 9 August 2020.
  72. ↑ Contact Riskonnect - The global leader in Integrated Risk Management. Riskonnect. Retrieved 4 September 2018.
  73. ↑ Contact - Coresight Research. Coresight Research.
  74. ↑ Contact Arkieva - Your global Supply Chain software solutions company. Arkieva. Retrieved 4 September 2018.
  75. ↑ Tetherfi Contact. Tetherfi. Retrieved 11 August 2020.
  76. ↑ Hinduja Global to acquire stake in Mphasis' BPO business for Rs 17 crore. The Economic Times(2 July 2015). Retrieved 4 September 2018.
  77. ↑ KEONICS proposes setting up electronics city in Mangaluru. The Hindu(29 December 2020). Retrieved 27 January 2021.
  78. ↑ Indian arecanut sample gets quality approval from Chinese company. The Hindu Business Line(15 February 2017).
  79. ↑ CAMPCO to release Dark Tan chocolate on September 14. The Hindu(12 September 2016).
  80. ↑ Cashew kernel prices fall in wholesale markets. Business Standard(20 March 2013). Retrieved 5 January 2017.
  81. ↑ 81.0 81.1 In Mangalore, 'I' is for Ideal. Business Line(14 March 2012). Retrieved 2 October 2017.
  82. ↑ 82.0 82.1 Mangalore's Ideal ice cream wins national award. Business Line(10 December 2013). Retrieved 2 October 2017.
  83. ↑ Plants working at 70% capacity, aiming for optimal level soon: Adani Wilmar. Business Standard(14 May 2020). Retrieved 27 January 2021.
  84. ↑ ICRA ratings for Indian debt instruments-Jul 7. Reuters(7 July 2017). Retrieved 25 September 2017.
  85. ↑ Vietnam eats into India's cashew export plans. The Economic Times(28 July 2017). Retrieved 25 September 2017.
  86. ↑ Spectrum Industries - Enquiry. Retrieved 2 October 2017.
  87. ↑ First cruise ship of the fiscal calls at New Mangalore Port. Business Line(1 April 2012).
  88. ↑ Dubai Tourism commemorates inaugural visit of Celebrity Constellation. Travel Daily Media(2 December 2016).Template:Dead link
  89. ↑ Foreigners can enter India through five ports on e-visa. The Hindu(2 December 2016).
  90. ↑ Nautica and Norwegian Star cruise through M'luru coast. Deccan Herald(1 December 2016). Retrieved 2016-12-03.
  91. ↑ Aida Aura arrives in Mangaluru. Deccan Chronicle(10 December 2015). Retrieved 2016-12-03.
  92. ↑ Government plans first startup district with incubators. The Times of India(10 February 2017).
  93. ↑ Mangaluru likely to be the first startup district in the country. The New Indian Express(31 March 2017). Retrieved 8 April 2017.
  94. ↑ Government plans first startup district with incubators. Economic Times(10 February 2017).
  95. ↑ 'CEOL will lead to creation of Silicon Valley in west coast. The Hindu(30 December 2017). Retrieved 27 March 2018.
  96. ↑ Mangaluru to have start-up incubation centre: Nirmala Sitharaman. The Hindu(17 June 2017). Retrieved 17 June 2017.
  97. ↑ Mangaluru all set to become animation hub in Karnataka. The Times of India(24 July 2017). Retrieved 14 September 2017.
  98. ↑ CPCRI - Regional station - Vittal. ICAR. Retrieved 27 December 2016.
  99. ↑ ICAR-Directorate of Cashew Research, Puttur - Indian Council of Agricultural Research. ICAR. Retrieved 27 December 2016.
  100. ↑ KARNATAKA UDYOG MITRA – SPECIAL ECONOMIC ZONES - SEZ's in Karnataka. kumbangalore.com. Retrieved 14 June 2009.
  101. ↑ Special Economic Zones in India. SEZ India.
  102. ↑ Welcome to Mangalore SEZ Limited, India. Mangaloresez.com.
  103. ↑ Contact. Infosys.
  104. ↑ Tech Park SEZ - The B. A. Group - Thumbay. B. A. Group Thumbay.
  105. ↑ DIC. Karnatakaindustry.gov.in.
  106. ↑ Nitesh Estates has paralleled the new wave of wealth creation. Live Mint(11 May 2007). Retrieved 3 October 2017.
  107. ↑ Karnataka hopes to attract 20% of GIM investments from MSMEs. Business Line(6 June 2012). Retrieved 3 October 2017.
  108. ↑ Flavours from the coast. The Hindu(30 March 2017).
  109. ↑ 8% rise in fish catch in Udupi, Dakshina Kannada. The Hindu Business Line(7 June 2013).
  110. ↑ Mukka Seafood Industries Pvt. Ltd.. Mukka Sea Foods. Retrieved 28 December 2016.
  111. ↑ Mangalore Tiles Crown Victoria Terminus. Daijiworld Media Pvt Ltd Mangalore(2005-06-21).
  112. ↑ 112.0 112.1 Arecanut prices recover slightly in Mangalore. The Hindu(19 August 2014). Retrieved 2 October 2017.
  113. ↑ South Scan (Mangalore, Karnataka). CMP Media LLC. Retrieved 20 March 2008.

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