Erode - Economy

Economy

Industries that flourished in early days in and around Erode area were handloom weaving and carpet manufacturing. The advent of modern era has changed these industries to some extent and the powerloom weaving is slowly replacing it. There are 24189 registered SSI units as on 31.12.2000 in the district besides 59 Large Scale Units.

Erode’s Gross Domestic Product (GDP) growth for year 2008 stood at 15.5 per cent was the top in the State and ahead of the State’s growth by 4 per cent.

The industries that are located within Erode city belong to mainly oil and rice mills and allied trades, such as engineering works, automobiles and power looms. The industries such as dyeing and powerloom textiles are predominant in Local Planning Authority. Industries belonging to Dhal mill, Cotton textiles, Vanaspathy manufacturing, wax and screen printing, powerloom, sizing, wrapping and printing press are also found in and around Erode city.

Within the city, the industrial units occupy 16.69% of the city area whereas the industrial belt as a whole covers 136 hectares and accounts for 4.80% of the Erode LPA.

The extent of the Erode local planning area (LPA) is 76.21 km². Developed land within the local planning area constitutes 13.44% of the total area. The developed area in the municipal area alone constitutes 83.25% of the total municipal area.

The commercial area has been developed along the roadsides in all major roads, in municipal area along Kongan road near the southern boundary of the local planning area. The commercial area in Erode city is concentrated near the junction of Brough road and Cutchery road and Bazaar area, i.e., around PS Park.