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Siliguri is
described as the gateway to the North East
of India. The strategic location of the city
makes it a base for essential supplies to
the region. Siliguri has gradually developed
as a profitable centre for a variety of
businesses. As a central hub, many national
companies and organizations have set up
their offices here. The Hong Kong market
near Khudirampally is a chief hub for buying
low cost Chinese goods and imported goods,
nearby Seth Srilal Market, Sevoke Road and
Hill Cart Road is a prominent place to buy
daily use goods, and is very popular among
people from nearby areas. 4 "T" s - Tea,
Timber, Tourism and Transport are the main
businesses of Siliguri. Recently many hotels
had mushroomed up & a very good increment
had been seen in this sector at past.
Siliguri is the headquarters of FOCIN
(Federation of Chamber of Commerce and
Industry of North Bengal). The latest
development is the development of malls like
COSMOS and ORBIT. The city recently also
witnessed the arrival of its first set of
multiplexes, CINEMAX in early Dec'09 and
INOX at ORBIT on Christmas of 2009.
The rapidly
growing city also has showrooms of numerous
automobile companies such as Maruti Suzuki,
Honda Siel, Toyota Kirloskar, Ford, Tata,
JCB, Mahindra & Mahindra, Hyundai, Skoda,
General Motors. There are numerous two
wheeler showrooms also of companies : Hero
Honda, Kinetic, Honda scooters, Yamaha, Tvs,
Suzuki, Bajaj, LML.
With the growing
economic transactions there has opened up
some major banks in the city namely Standard
Chartered, HDFC, ICICI, Allahabad, State
Bank of India, Axis Bank, UCO, Vijaya, IDBI
and UBKG bank. There are also some other
banks such as Bank of Maharastra, Bank of
Baroda, Canara Bank, Andhra Bank, Sonali
Bank.
In a recent
gesture of international co-operation and
friendliness the road network of Siliguri is
being used by the government of Nepal and
Bangladesh so as to facilitate easy
transportation of essential and urgent
commodities (like rice etc.). The Silk Route
of India i.e trade route between India and
China is accessible only after crossing
Siliguri (Nathula and Jelepla). Thus making
it important for international trade between
India and other countries and also among
other countries. There also are business
routes to Bhutan and security manned border
with Bangladesh. |