Saturday 14 June 2014

Industry

Rajkot is famous for its jewelry market, silk embroidery and watch parts. The city hosts several small scale manufacturing industries. Some of the industrial products for which Rajkot is known include bearings, diesel engines, kitchen knives and other cutting appliances, watch parts (cases & bracelets), automotive parts, forging industry, casting industry, machine tools, share market and software development.[citation needed] The city is also home to some of the largest CNC machine and auto parts manufacturers in the country such as Jyoti CNC Automation Pvt. Ltd, Macpower CNC Machines Pvt. Ltd. and Atul Auto Ltd.
Rajkot is well known throughout the world for its casting and forging industries.[citation needed] Over the last few years, it has started to play an increasingly important role in the complex supply chains of many global engineering companies that make products such as electric motors, automobiles, machine tools, bearings, etc.[citation needed]
There are about 500 foundry units in Rajkot. The cluster came up mainly to cater to the casting requirements of the local diesel engine industry. The geographical spread of the cluster includes Aji Vasahat, Gondal Road and Bhavanagar Road areas. The majority of foundry units in Rajkot produce grey iron castings for the domestic market. A very small percentage (about 2%) of the foundry units export castings such as electric motor castings, automobile castings etc.
Rajkot is also famous for its gold purity and has one of the largest gold markets in India.[citation needed]
Rajkot is also growing up in Software Industries and ITeS. There are many SOHO companies working in Web Development along with many new multinational call centers and software companies such as NCrypted Technologies setting up their operations and development centers in Rajkot.
Rajkot's sister city Morbi is also a manufacturing hub for ceramics industry, wall clocks industry and electrical accessories. The city is a home to large industries such as Ajanta Clock, Samay Group, ORPAT Group, Sonera Industries, Rickon Quartz etc.
In the near future, the government of Gujarat will allocate large land areas for the development of Special Economic Zone[23] which will be parted in three different areas and will include industries such as Software, Auto-Mobiles, etc. As per recent market reviews, Rajkot is becoming Asia's biggest Auto-Mobile Zone.
Rajkot is also famous for its textile printing units which produce cotton salwar suits and cotton print and silk sarees.
Rajkot was formerly the leading centre in India in the field of diesel engine and submersible pumps. Submersible pumps are still manufactured in the city and marketed throughout India, with some of the larger manufacturers also exporting them.
Rajkot is also home to some of India's leading snacks manufacturers such as Balaji Wafers Pvt Ltd, Gopal Snacks Pvt Ltd and is home to one of India's leading share broker Marwadi Shares & Finance Ltd.

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