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The economy of Kalpetta depends upon industries, agriculture, tourism, banking, trade and shopping etc.
The Wayanad dairy of Milma (Kerala Co-operative Milk Marketing Federation) is situated at Chuzhali within Kalpetta Municipal Limits. This dairy processes over 100,000 liters of milk daily and markets it in Wayanad, Kozhikode, Malappuram and Kannur districts. The dairy also manufactures high quality ghee which is exported to the Middle East countries. Other products of the dairy are Butter, Buttermilk, Curd and ice-cream. There is a Mini Industries Park promoted by Kinfra at Kalpetta. Several small scale industries function out of this Park.
Tourism and hospitality industry experienced a boom in recent years. This has led to mushrooming of resorts throughout Wayanad, with the largest concentration of hotels and resorts at Kalpetta and adjoining areas within Vythiri taluk.
Kalpetta is the banking capital of Wayanad. Lead District Bank of Wayanad is Canara Bank and the Lead Bank office is situated at Kalpetta. India's largest bank State Bank of India has two branches in the municipal area (Kainatty and Kalpetta). The premier bank of Kerala State Bank of Travancore also has two branches - Specialised Gold Point Branch apart from the regular branch. There is a total of 21 branches of scheduled banks in Kalpetta, excluding Gramin and Co-operative banks. Kerala Gramin Bank has a branch and a Regional Office at Kalpetta. The head office of Wayanad District Co-operative Bank is at Kalpetta. Kerala State Co-operative Bank has its Wayanad branch at Kalpetta. The Wayanad Region office of Kerala State Co-operative Agricultural and Rural Development Bank Ltd is also at Kalpetta.
Kalpetta is one of the major trade centers in Kerala for agricultural produces. Kalpetta is one of 18 markets that the VFPCK (Vegetable and Fruit Promotion Council Keralam) tracks and publishes vegetable and fruit prices. [1] Coffee price prevailing at Kalpetta market is published in all Malayalam newspapers and also in business newspapers such as the Economic Times.
In recent times, major jewellery, electronics and hypermarket retail chains of Kerala have set up stores in Kalpetta. Well known store chains like Francis Alukkas, Malabar Gold, Chemmannur Gold, Grand Fresh Hypermarkets, Kannankandy Electronics, Whitemart Electronics, TBS Books and Beyond, Planet Fashion are present at Kalpetta.
All of Kerala's leading book publishers have outlets at Kalpetta. Outlets of Current Books, National Book Stall (NBS), Mathrubhumi Books, Deshabhimani Books and Poorna Publications (TBS) can be found there.
Car dealerships serving Wayanad are located in the Kalpetta North suburbs between Kainatty and Kakkavayal.
Wayanad is a district in the north-east of the Indian state of Kerala, with administrative headquarters at the municipality of Kalpetta. It is the only plateau in Kerala. The Wayanad Plateau forms a continuation of the Mysore Plateau, the southern portion of Deccan Plateau which links the Western Ghats with the Eastern Ghats. It is set high in the Western Ghats with altitudes ranging from 700 to 2100 meters. Vellari Mala, a 2,240 m (7,349 ft) high peak situated on the trijunction of Wayanad, Malappuram, and Kozhikode districts, is the highest point in Wayanad district. The district was formed on 1 November 1980 as the 12th district in Kerala, by carving out areas from Kozhikode and Kannur districts. An area of 885.92 km2 of the district is forested. Wayanad has three municipal towns—Kalpetta, Mananthavady and Sulthan Bathery. There are many indigenous tribes in this area. The Kabini River, a tributary of Kaveri River, originates at Wayanad. Wayanad district, along with the Chaliyar valley in neighbouring Nilambur in Malappuram district, is known for natural gold fields, which are also seen in other parts of the Nilgiri Biosphere Reserve. Chaliyar river, which is the fourth longest river of Kerala, originates on the Wayanad plateau. The historically important Edakkal Caves are located in Wayanad district.
A marketing board is an organization created by many producers to try to market their product and increase consumption and thus prices. It can also be defined as an organization set up by a government to regulate the buying and selling of a certain commodity within a specified area. They most commonly exist to help sell farm products such as milk, eggs, beef or tripe and are funded by the farmers or processors of those crops or products. Marketing boards often also receive funding from governments as an agricultural subsidy. The leadership and strategies of the marketing boards are set through votes by the farmers who are members of the board.
Kalpetta is a major City,Town and municipality in the Wayanad district, state of Kerala, India. Kalpetta is the headquarters, Capital of Wayanad district, as well as the headquarters of Vythiri taluk. It is a bustling city, town surrounded by dense coffee and tea plantations and mountains. It lies on the Kozhikode-Mysore National Highway NH 766 at an altitude of about 780 m above sea level. Kalpetta is 72 km from Kozhikode and 140 km from Mysore.
An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activity.
Operation Flood, launched on 13 January 1970, was the world's largest dairy development program and a landmark project of India's National Dairy Development Board (NDDB). It transformed India from a milk-deficient nation into the world's largest milk producer, surpassing the United States of America in 1998 with about 22.29 percent of global output in 2018. Within 30 years, it doubled the milk available per person in India and made dairy farming India's largest self-sustainable rural employment generator. The program was launched to help farmers direct their own development, and to give them control of the resources they create. The program has since been termed the "White Revolution".
NTUC FairPrice is the largest supermarket chain in Singapore. The company is a co-operative of the National Trades Union Congress (NTUC). The group has more than 100 supermarkets across the island, with over 160 outlets of Cheers convenience stores island-wide.
The Karnataka Milk Federation (KMF) is a dairy cooperative from Karnataka, India, which sells products such as milk, curds, ghee, butter, ice cream, chocolates, and sweets under the brand name Nandini. It is a federation of milk producers under the ownership of Ministry of Cooperation, Government of Karnataka. Almost every district in Karnataka has milk producing co-operatives. The milk is collected from farmers who are its members, processed and sold in the market under the Nandini brand. It is the second-largest milk co-operative in India after Amul.
The Kerala Co-operative Milk Marketing Federation (KCMMF), known by its trade name Milma, is a state government cooperative society established in 1980 headquartered in Thiruvananthapuram. It is a state government cooperative owned by the Ministry of Cooperation, Government of Kerala. KCMMF is a Federation of three Regional Milk Unions: the ERCMPU, TRCMPU and MRCMPU.
Chathamangalam is a village in Kozhikode district of Kerala state, India.
Uganda's favorable soil conditions and climate have contributed to the country's agricultural success. Most areas of Uganda have usually received plenty of rain. In some years, small areas of the southeast and southwest have averaged more than 150 millimeters per month. In the north, there is often a short dry season in December and January. Temperatures vary only a few degrees above or below 20 °C but are moderated by differences in altitude.
Anjukunnu is a village in Wayanad district in the state of Kerala, India.
Cargills (Ceylon) PLC is a Sri Lankan Retail, FMCG, Banking, manufacturing and Restaurant company which is listed on the Colombo Stock Exchange. The controlling interest in the company is held by Ceylon Theatres PLC.
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State Government in the ratio of 50:35:15 respectively. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches.
Koolivayal is a small town situated near Panamaram in Wayanad, Kerala, India. Its economy is based on agriculture.
The cooperative movement in India plays a crucial role in the agricultural sector, banking and housing. The history of cooperatives in India is more than a hundred years old. Cooperatives developed very rapidly after Indian independence. According to an estimate, more than half a million cooperative societies are active in the country. Many cooperative societies, particularly in rural areas, increase political participation and are used as a stepping stone by aspiring politicians.
Public Sector Undertakings (PSU) or Public Sector Enterprises (PSE) in India are government-owned enterprises in which 51 percent or more share capital is held by the Government of India or state governments. Depending on the level of government ownership, they can be broadly categorised as Central PSUs or State PSUs. These entities include government companies, statutory corporations, banking institutions, and departmentally run companies. PSUs are officially classified into three categories, which are Central Public Sector Enterprises (CPSE) and Public Sector Banks (PSB) owned by the central government or other CPSEs/PSBs, and State Level Public Enterprises (SLPE) owned by state governments or other SLPEs. CPSE is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSEs are granted the status of Maharatna, Navaratna, and Miniratna.
Dumrawan is a large village and a Gram Panchayat in Pakri barawan block of Nawada district in the state of Bihar, India.
Kattikkulam (Kartikulam) is a small town near Mananthavady in Wayanad district, Kerala, India.The office of the Thirunelly Gramapanchayath is located at Kartikulam.
Kayakkunnu is a village near Nadavayal, Mananthavady in the Wayanad District of Kerala, India. The village is part of the Panamaram Panchayath, and the assembly constituency is Mananthavady. It is an agricultural area and its main crops include rice, coffee, pepper, ginger, cardamom, vanilla, rubber, areca nut, and coconut. The nearest towns are Nadavayal and Panamaram. Kayakkunn is situated midway along the Mananthavady–Gudalur interstate road.
