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Economy of Meerut


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Industry

Meerut is one of the important industrial towns of western Uttar Pradesh. It is a rich agricultural area with such pockets of land that do not fit in for crop purpose. Being in the proximity of Delhi, it is ideal for industry. It is famous for handloom works and scissors industry from olden age. Meerut is home to 520 micro, small and medium scale industries. As of August 2006, Meerut has about 23,471 industrial units, including 15,510 small-scale units and 7,922 cottage industries.

Existing industries in the city include tyres, textile, transformer, sugar, distillery, chemical, engineering, paper, publishing, and sports goods manufacture. Prospective industries include IT and ITES. Meerut is home to some prominent regional pharmaceuticals companies like Perk Pharmaceuticals Limited, Mankind Pharma & Bestochem. Meerut is one of the major manufacturing regions for sports goods in India. The city is especially famous for the manufacture of cricket goods with SG being the largest Indian cricket goods manufacturer and exporter operating in Meerut. Meerut is also a hub of Gold design in India. Meerut is also the largest manufacturer of musical instruments in India. Meerut was one of the first cities in northern India where publishing was set up during the 19th century. It was a major center of commercial publishing during 1860s and 1870s.

Uttar Pradesh State Industrial Development Corporation (UPSIDC) has two industrial estates in the city, namely Partapur and Udyog Puram. Mohkampur industrial area is a private initiative. Paschimanchal Vidyut Vitran Nigam Ltd has unrestricted power at Partapur, Udyogpuram and Mohkampur industrial areas. Bhur Baral industrial area is under development. 1200 hectares of land is available for industrial development. Identified industrial areas are at Shatabdi nagar, Delhi road, Baghpat road, Roorkee road, Mawana road, Parikshitgarh (Kila)
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