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Economy of Tirupati


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Tirupati is a major Municipal Corporation in Andhra Pradesh. Although Chittoor is the headquarters of the district, much of the business activities and major government establishments, and operations take place only in Tirupati. With improved infrastructure and due to various efforts by the state government, Tirupati is well turning into a business hub of southern Andhra Pradesh. Notable large and medium scale industries along side a lot of small scale industries that call Tirupati as their home base, include the government owned Railway Carriage Repair Shop, Amara Raja Power Systems, Amara Raja Batteries, Grindwell Norton, Lanco Industries. There are plans to improve the infrastructure to set up IT service based organizations in Tirupati. Financial institutions like HDFC have set their back office operations in Tirupati. Tirupati is becoming the education hub for the nearby areas because of the strong presence of Educational Institutions and Universities. Being a pilgrimage center, the floating population is a major source of income. Considerable revenue is generated by travel sector. Strong expatriate/town's non-residents' money inflow and an emerging industrial scenario triggered a major real estate boom in the city in recent years and marched steadily, until before 2008–2009 Global Recession. It is a one of the highly developing city in Andhra pradesh.

SriCity which is a Planned Integrated Business City (Township) is also located at the distance of about 84 km on east. the part of the Sricity SEZ comes under Tirupati constituency
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