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Doing business in Lucknow

Doing business in Lucknow

Doing business in Lucknow: It has always been a multicultural city. Its courtly etiquette, literature, music, and gourmet cuisine patronized by the Persian-loving Shia Nawabs of the city are well known amongst Indians and students of South Asian culture and history. Lucknow is popularly known as The City of Nawabs and, Shiraz-i-Hind. Lucknow is a vibrant city that is witnessing an economic boom and is the capital of the state of Uttar Pradesh. The Gomti River, its chief geographical feature, ambles through the city, dividing it into the ‘Trans-Gomti’ and ‘Cis-Gomti’ regions. Lucknow has a warm humid subtropical climate with cool, dry winters, hot summers, and rainy and sometimes foggy monsoon season.

Business

Doing business in Lucknow: It is not only a major market & trading city in Northern India, but is also an emerging hub for producers of goods and services. The city is the headquarters of both the Small Industries Development Bank of India (SIDBI), the Pradeshiya Industrial and Investment Corporation of Uttar Pradesh (PICUP). The Confederation of Indian Industry (CII) and Entrepreneurship Development Institute of India (EDII) are also located in Lucknow. Among the bigger manufacturing units, Lucknow has Hindustan Aeronautics Limited, Tata Motors, and Scooters India Limited.

Lucknow is famous for its small scale industries that are based on unique styles of embroidery, namely, “Chikan” and Lakhnawi Zardozi, both of which are significant foreign exchange earners. There are several malls, residential and business complexes throughout the city. Real estate giants such as Parshvanath, Omaxe, Sahara, Unitech, Emaar MGF have invested in developing modern buildings in the city. Traditionally, Lucknow has been a “mandi” town for mangoes, melons, and grains grown in the surrounding areas.

Last updated: December 12th, 2013

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Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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