Commerce
The Republic of India's first national flag was woven here(vengatesa perumal koil street). Gudiyatham has a thriving small scale sector manufacturing safety matches, lungis, and beedis. The safety matches industry is next largest to Sivakasi. Beedis are exported to Pakistan and other parts of India.
The town has many movie halls(more than 10) and has in total, seven pettais or colonies. Gudiyatham is famous for gold jewellery market. Being on the Katpadi - Jolarpettai railway line, it is much connected to Chennai and Bangalore. The handloom and powerloom lungies which are manufactured here are exported to many parts of India and Arab countries.
Other than these, there are two cotton mills running in Gudiyatham. One is Thirumagal Mills Limited and other one is Rajeshwari Mills Limited; both employ a considerable amount of employees. Cow and Ox market is held near Nellorepet every Tuesday and it has been so, for more than 100 years.
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