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Which r the emerging bussiness in lucknow??


Which r the emerging bussiness in lucknow??

Lucknow, with its excellent educational, commercial, banking and legal infrastructure, is witnessing rapid growth in information technology, banking, retailing, construction and other service sectors. Private coaching institutions for preparing aspirants of competitive exams and services is another business that is flourishing in Lucknow.

All the major public and private sector banks of India, Reserve Bank of India (RBI) and foreign banks like Citibank, Standard Chartered Bank, ABN-AMRO and HSBC have their presence in the city. The big oil marketing companies like Indian Oil Corporation, Hindustan Petroleum, Bharat Petroleum and Reliance have their offices in Lucknow.

Leading IT companies like TCS and IBM are also operating in Lucknow.

Insurance companies, both public and private, as well as leading cellular phone companies are present in the city as well.

Currently, biotechnology and information technology are the two focus areas to promote economic development in and around the city. The Ministry of Science and Technology is setting up a biotech park[6] in the city. Lucknow is also one of the selected cities for the Smart City project of STPI, under which IT is being used to promote economic development.

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