Bangalore Trade & Industry contributes significantly towards the economic growth of city. The economy of Bangalore largely depends on the IT industry. Other major industries of Bangalore include:
- Biotechnology
- Space technology
- Manufacturing Industries
- Aerospace and Aviation industries
Bangalore is one of the fastest growing markets in India. Many foreign investors have invested in the trade and industry of Bangalore. The city houses a number of manufacturing units. Many heavy manufacturing industries are based in Bangalore city. These include:
- Hindustan Machine Tools
- Bharat Electronics Limited
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- Bharat Earth Movers Limited
- Hindustan Aeronautics Limited
- Bharat Heavy Electricals Limited
- National Aerospace Laboratories
Bangalore is also a hub of the biotechnology industries. The largest biotechnology company of India, 'Biocon', is also located in the city of Bangalore. Headquarter of the Indian Space Research Organization is situated in Bangalore city. Hindustan Aeronautics Limited is also headquartered in Bangalore. It carries out various research programs on the fighter aircrafts of Indian Air Force.
As a whole, the trade & industry in Bangalore helps in generating revenue, thereby strengthening the economic base of the city.
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