State of the Economy 2018

Sitting tight

While powder coaters and plastic makers in Peenya await favourable policy changes, CNC manufacturers are riding a steady growth wave

Photographs by RA Chandroo

India’s Silicon Valley or Electronic City — at least one of these titles is often used to describe Bengaluru. However, what several people aren’t familiar with is the city’s proximity to one of Asia’s largest industrial clusters in terms of area — Peenya — a manufacturing hub that houses 8,500 units. Spread across 40 sq km, industries here clock an annual turnover of Rs.20,000 crore. With engineering being one of the biggest sectors in this cluster, you are bound to come across computer numerical control (CNC) manufacturers and ancillary units such as surface coating companies and power tool makers at every turn you take here.