Allahabad - Industries

Industries

The main industries of Allahabad are tourism, fishing and agriculture. Allahabad city is the largest commercial centers in the state; it also has the second-highest per capita income and the third greatest GDP in the state (following Kanpur). It is a prominent industrial town, with 58 large industrial units, and more than 3,000 small scale industries. The Third All India Census for Small Scale Industries shows that there are more than 10,000 unregistered small-scale industry units in the city.

Allahabad has some glass- and wire-based industries. The main industrial area of Allahabad is Naini and Phulpur, where several public and private sector companies have their units, offices and factories. Bharat Petroleum Corporation Limited, India’s largest oil company (which is also state-owned), is setting up a seven million tonnes per annum (MTPA)—capacity refinery at Lohgara, with an estimated investment of 62 billion Rs. Allahabad Bank which began operations in 1865, headquartered in the city. The growth of IT has presented the city with unique challenges. Ideological clashes sometimes occur between the city's IT moguls, who demand an improvement in the city's infrastructure, and the state government, whose electoral base is primarily the people in city. Allahabad is also considered as a hub for India's agricultural industry. Few popular industries of the Allahabad are Triveni Sheet Glass Ltd Naini, ITI Naini, Vibgyor Laboratories, Raymond Synthetics Karchana, Hindustan Cable Ltd Naini, IFFCO Phulpur, and GEEP Industries. The renowned institutions like Harish Chandra Mehta Atomic Research Center and Civil Aviation Training Center are also established here.