Business in Salem

Salem, the 5th largest city of Tamil Nadu state, is located on one side near Chennai, capital of Tamil Nadu and on other side near Coimbatore, both major business cities. Also, surrounded by the mountains, it is one of the richest sources of bauxite, magnetite deposits and other minerals. Today, Salem serves as the junction for other cities, being connected with roads, by buses, trains and airport. Also, it has some major Indian Institutes of Education such as Indian Institute of Handloom Technology, which is second of its kind in the country.  Also, the city is one of the largest regional markets for the agro products, which are bought and sold in large quantities in the market.

Business in Salem

Salem is also famous for its textile and sericulture industries. The city also exports various commodities such as Electronics and electrical goods, granites, information technology or IT, readymade garments, coir products, textiles, Salem stainless steel and yarn to other countries. With the space and other saturation in the metropolitan cities such as Chennai, the industrial groups are looking towards other cities like Salem for future expansion of their business. With its rich resources and the trained manpower due to the various prestigious educational institutes, Salem is growing fast and poised to catch up the other industrial cities.

Large Scale Business in Salem:

With its rich resources in Magnetite, Bauxite and other rich minerals, Mining is a big business in Salem. There are many companies such as SAGOSERVE, Burn Standard, Dalmia Magnesite Corporation, Salem Steel Plant, Tata Refractories, TANMAG and PowerGrid which provide employment to the people.

As the space and other infrastructure in the metropolitan cities such as Chennai is getting saturated and the services are at the premium, the big businesses are looking towards the potential of the other cities such as Salem, which is still growing for cutting their costs and increase the profit margin.

With its rich resources and excellent transportation, Salem is the best prospect from their point of view. Also, Salem is the home of large scale business such as the Steel Plant. Also, Salem hosts a large number of Chemical companies, which is related to the mining and steel industries in the city. Also, Salem has lot of companies, which are engaged building Lorries body for the automotive companies. Salem also have two power plants, thermal and Hydel which provides power to the state.


Small-Scale Industries in Salem:

With its abundance of mineral and other natural resources, the number of small scale industries is very large and increasing day by day. One of the notable examples is the Ammapet Weaver’s co-operative society, whose turnover is 2.40 crores. The main products of the weaver’s co-operative society are towels, dhotis, sarees, silk sarees and bed sheets.

The collection and sale of various agricultural products such as mangoes, tapioca which are also known as Kuchi Kilangu are the main part of the small scale industries in Salem. Some popular food items such as papads, chips, fryums, vermicelli and Noodles are produced from Tapioca and sold all over the country. Salem is also famous for its coffee. Coffee is cultivated in Yercaud hills and processed. Salem is the origin of Narasus coffee which is a popular brand.

Santalum Spices in Salem

The forests of Salem are rich with the Santalum species of the Sandal wood. One of the known buyers of sandal wood oil is Mysore Sandal Wood Company. Salem is the largest producer of milk in the state. The milk dairy has introduced many varieties of the milk products, which are very popular with the people.


Scope of Starting a New Business in Salem:

Salem is an ideal place for starting new business, whether you would like to start any type of business such as big, medium or small. You can also start business related to any sector such as agricultural, mining, industrial and service sector. You can also start export business in Salem. This is due to the fact that, Salem has most of the resources which will help you to start the business.

The first and foremost factor is the presence of the natural resources, which cost very little as it is present in the surrounding areas in abundant quantities, whether it is raw material for agro products, textile products or industrial products. The second factor is the presence of large educated and trained manpower due to the various universities and engineering colleges in Salem in various sectors. The next factor is the infrastructure which is needed and is available for starting a new business.

In addition to that, Salem is connected to the major cities of the country through various means such as roads, trains and air. Last, but not the least is the encouragement and the training by the govt. which is available from the authorities.

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Comments / Discussion Board - Business in Salem

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  • B
    Boopathi from Salem or namakkal 32 Days ago

    I am starting new busimess but no idea sir so any other oppourtunities means tell me

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  • R
    R Sathishkumar from salem 34 Days ago

    herbal product and food process

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  • G
    Gomathi from Tirupur 361 Days ago

    I am wholesaler need your saree's pls contact

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  • K
    Kishor kumar from Salem 441 Days ago

    Looking for small startup

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  • K
    Kalaiselvan from Salem, attur 442 Days ago

    Ok

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  • P
    Praveen from Salem 542 Days ago

    I am planning a start a industry related to steel i need some guidance kindly help...My id prawingreat@gmail.com

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  • K
    Karthick from Salem 542 Days ago

    I need for one help..

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  • o
    obulirajan from mettur 718 Days ago

    i am going to start small power loom factory, i need person to operate the machine if anybody interested kindly contact me good pay and accommodation ll be offered thanks 8608684199 and 9443570015

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  • K
    Krishnamoorthy from Attur 806 Days ago

    I am looking small business and small butjet

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  • S
    Saravanan from Salem,Magudanchavadi 806 Days ago

    Am start new distriputor agency am add member in for Tamilnadu merchant association how to apply and where is the office

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  • k
    kumar from salem 806 Days ago

    I am Looking for small Business with small budget

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  • N
    Naveen from Salem 950 Days ago

    Is the Salem is well sourced in automobile industries and hope say some tips about new bussiness beginning

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    S
    S yagit ibnufrom salem 763 Days ago

    I Need the job

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    S
    S yagit ibnufrom salem 763 Days ago

    I Need the job

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    o
    obulirajanfrom mettur 718 Days ago

    can you do the weaving textile and accomdation available cal me 8608684199

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  • v
    vijayakumar from attur 1418 Days ago

    i need start new business can u give me a idea

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    S
    SalemOnline.in Expertfrom 1411 Days ago

    You have to tell us about the specific business that you wish to start, then we can guide you properly. You can take up franchise options and start anything online. In the meantime, you can check our business opportunity as well: http://www.indiaonline.in/business-opportunity

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    A
    Ajimfrom Salem 32 Days ago

    I want to start online business, please guide me

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    A
    Ajimfrom Salem 32 Days ago

    I want to start online business, please guide me

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    K
    Kirubhakaranfrom salem 18 Days ago

    Hi. this is kirubhakaran. I am a BE graduate. Currently working in chennai. I thinking from long back to start any manufacturing type business in salem. But i cant able to choose what will suit for me. I think to start layer poultry form but having a lot of confusion in that. i have a land and i can invest money in average. but what to start is the main problem for me. Please support me . I believe you will response for this. Please call me with good business idea or business partner to my number. my number is 9789155021

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