Business in Nainital

Nainital is a small city, lost in the wilderness of the hills the Indian state of Uttarakhand. It is famous for its beautiful lakes and natural beauty complimented by the white and green gills that surround the town. Lying in the outer Himalayan range, the town has never been involved in rapid industrialization, or the IT boom which has engulfed India in the past few years. Although being just 310 kms from Delhi, the Capital's close proximity to Nainital has helped in some sectors of the economy.

Nainital is a big tourist spot and in an irony to other tourist spots of India, it is not famous just as a religious spot. This place is blessed with a serene and cold weather throughout the year with temperature never going above 27 deg Celsius even in summers. This makes it a major tourist spot for Indians as well as foreigners. In summers alone, the population increases fivefold. Tourism is the major source of income for the people in Nainital.

Nainital Industries

Tourism Business in Nainital

There are a number of hotels and restaurants throughout the city. There being so many tourist spots in Nainital you will easily find a couple of hotels within a kilometre range. Hotels, both expensive as well as cheap, are always available and many more are coming up which has helped people to get employment and generate revenue for the government.

Many low budget shops have also come up which provide the people with tourism packages. Also, tourism has increased the number of taxis and buses plying in the city. This has also helped in revenue of the local people and the government. Hotel industry in Nainital along with the small and big travel agencies and all the other hospitality-related business and other subsidiaries of the tourism industry are growing rapidly.

Trading in Nainital

Trading in goods and merchandise has been the major source of income for the people of Nainital for the past many decades. This includes trade in the field of baked goods, flour mill, jam, pickle and spices. Pickle and spices have always been exported to Delhi and other parts of India from Nainital.
Agriculture has traditionally been and still remains to the present day an integral means for the people of this town. Crops in the high land areas like wheat, maize, jhangora, bhatt, taur are grown by the farmers and most of them are exported outside the state. The fruits of Nainital have always been famous, especially the apple from Nainital is something cherished throughout India.

As the city grows further, more employment opportunities will be created. In its Vision statement in the New Industrial Policy – 2003, the Uttarakhand Government emphasizes tourism development in the following words:

‘To promote tourism as a focus area and develop Uttarakhand as a premier global tourism destination’.

Industries in Nainital

There are many industries throughout Nainital. Mostly, they are in the paper and candle works. But there are also industries in the field of fibre glass, steel industries and leather works. Following are some of the large scale industries.
  • M/s Indane Botteling Plant, Motahaldu, Haldwani, Nainital
  • M/s Jalpack India Ltd, Motahaldu, Haldwani, Nainital.
  • M/s Century Pulp& Paper Lalkuan, Nainital
  • M/s HMT Ltd, Ranibagh, Nainital
  • M/s Biolife foods Pvt Ltd

The items being exported from the Nainital are Phytochemicals & Herbal Concentrate, barberin hydrochloride JP, metallic polyester film, water filters and paper, decorative candles and pulp & paper. Processed fruits, candles and handicrafts items' business also have scope in Nainital.

List of Industries in Nainital

M/S Kasturi Feed & Allied Industries
Dewalchour , Manpur West, Rampur Road
Haldwani Nainital - 263134
Phone no.: 9837045361

Mahavir Polysack Industries in Nainital
Vill Padalipur, LAL Kuan
Nainital - 262402
Phone no.: 9837033298

N.R.Engering Industries
Kundeshwari Road, Kashipur
Nainital Ho, Nainital - 263001
Phone no.: 9927012555, 5942-224145

Laxmi Stone Industries Nainital
Village Haldua, Kichha Road, Sitarganj
Dist. Udam Singh Nagar
Nainital Ho, Nainital - 263001
Phone no.: 9690021960, 5942-258213

Shri Mahakali Industries
Near SAI Mandir Haldwani Kathgharia
Nainital Ho, Nainital - 263001
Phone no.: 9719245688, 9359718226, 9997993255

Star Plywood Industries
Shankar Khazanchi
Nainital Ho, Nainital - 263001
Phone no.: 9564988898

Punjab Industries in Nainital
Galla Mandi Road, Rudrapur
Ramnagar, Nainital - 244715
Phone no.: 9837134612, 9927233100, 5947-244290

Anil Candle Industries
Bara Bazaar, Mallital
Nainital - 263001
Phone no.: 5942-235678/236222

Century textiles and industries limited
Ghanshyamdham, P.O. Lalkua
Nainital 262402,
Phone no.: 91-5945-268044 / 46

Electronics Service & Training Centre
Kaniya, Ramnagar
Nainital - 244715
Phone no.: 5947-251294, 252168, 251530

Shiv Rice Mill
Gram-Cgujuya, 4 Km, Ramngr, Ramnagar-Kashipur Rd
Nainital Ho, Nainital - 263001
Phone no.: 5942-251435

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