The industries in Mangalore are hugely contributing in the expansion of the economy of the city. Initially the industries were only agro based. Cashew industry, coffee industry used to be the major agro industries. With time, the port city has witnessed several changes which have give birth to other industries such as leaf spring industry, other automobile industry, power industry, etc. These industries have changed the fate of the city and are responsible for the revival of the economic scenario of the city. These industries have not only generated wealth but also provided employment opportunities.
The major industries of Mangalore playing key roles in the increase of the revenue are listed below:
- Mangalore Power Company
- Mangalore Refineries and Chemicals Limited
- Kudremukh Iron Ore Industries
- Mangalore Chemical Fertilizers Limited
- Lamina Suspensions Limited
There are several other industries that are steadily making progress.
The dry fruits industry, construction industry, mining industry and service industry are marching ahead and in short span of time would play crucial role in generating revenue for the city. The latest addition in the list of important industries is the the Information Technology (IT) industry. This industry has brought revolution in the economy of Mangalore.