Lucknow - Economy

Economy

The economy of Lucknow city was earlier based on the tertiary sector with about majority of the workforce being employed as government servants. Large-scale industrial establishments are low compared to other north Indian state capital like New Delhi. Currently the economy is growing with the contributions from more professionals in the fields of IT, Manufacturing and Processing and Medical/Bio-Technology. Business-promoting institutions viz. CII and EDII have a presence in city. On October 2010, Lucknow ranked 6th among cities in India for fastest job-creation. The city has steadily grown into a competitive IT centre.

Lucknow has a great potential in handicraft sector and it accounts for 60% of the total exports from the state. The major export items from are marble products, textiles, handicrafts, art pieces, gems and jewellery, textiles, electronics, software, computer, hardware and software, apparel, brass work, silk, leather and leather goods, glass items, art metal, chemicals. The city has promoted publicā€private partnerships in big way in sectors such as power, roads, expressways, and education.

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