Alappuzha is well known as a significant commercial and trading center of Kerala. Alappuzha economy is based on tourism and on the export of spices, coconut oil, pepper, arecanut, fiber, coir yarn, sugar and cardamom.
Trade in Alappuzha is generally carried out through roadways, railways and inland waterways. Goods are transported from one place to another through Chengannur, Kayamkulam, Mavelikkara railway stations and the stations that lie between Alleppey – Ernakulam railway route.
In the year 1929, the Travancore Chamber of Commerce was founded at the Alappuzha city. This institution was founded to protect and promote trade, industry, agriculture and commerce. In Alappuzha, there are many government registered institutions of merchants and manufacturers.
Over the years, many cooperative societies and commercial banks have been established in order to finance industrialists and traders.
Besides, Alappuzha is an essential retail and wholesale trading center for pepper, coconut oil, ginger, copra, arecanut and rice which contributes to the economy of Alappuzha.
Over the years, Alappuzha Tourism has shown a significant growth. This city of Kerala offers plenty of attraction for travelers. The spectacular backwaters of Alappuzha has been the major attraction for tourists across the globe. Besides, Alappuzha is popular for houseboat holidays, boat races and marine products.
Alappuzha economy makes significant contribution in the over all economy of the state.
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Last Updated on 05 May 2011
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