Business and Economy in RameswaramRameswaram’s booming economy is mainly through tourism. Some of the other industries of Rameswaram that give the economy a boost are fishing and Handicraft industry
Tourism as backbone of Rameswaram Economy
Rameswaram attracts wide range of tourists from pilgrims to adventure sports lovers, from historians to leisure travellers. It attracts tourists from all over the world because of its heritage temples, beautiful beaches, splendid architecture and magnificent sculptures in the temples. Pamban Rail, water sports and its mythological background are important reasons to draw tourists to the city year after year.
Hindus from various parts of India and the world reach Rameswaram and finish their final Yatra to achieve the heavenly abode or Moksha.It is one of the four dhams of Hindus. It is popularly called as the Varanasi of the South India.
Ramanathaswamy Temple is well known for its architecture and sculptures.The third corridor of Ramanathaswamy temple is the longest one in the world. The Ramanathaswamy temple is renowned for its magnificent corridors and massive sculptured pillars with Dravidian architecture. Architect students from various parts of the world visit to witness the sculptures.
The island is also surrounded by beautiful beaches such as Olaikuda, Dhanushkodi and Pamban. The Olaikuda beach is engulfed by coral reefs. Flamingos, sea gulls and a variety of birds migrate to the Rameswaram Island during winter. The beaches provide opportunities for scuba diving which are gaining popularity amongst the tourists. Glass boat ride at Pamban bridge helps enables to see the corals in the Sea. These scenic views are attracted by number of tourists. Tourists for various reasons reach the place and fulfill each of their desires. Tourism plays an important role in the economy of Rameswaram.
Other Business Activities in Rameswaram
Fishing Industry in Rameswaram
Coral and Handicraft Industry in Rameswaram
Coral industry in Rameswaram is run at small scale. The corals' residue near the island shores helps the small scale workers to make many decorative wall hangings and embellishments. Well known for a variety of beautiful handicraft and decorative items, all the shop near the temple have coral handicrafts. Rameswaram silk saris are also very popular among the women. Most of these handicraft items are sold in Melarathaveethi, Keelarathaveethi, South Car Street, North Car Street, and Sannathi.
Hotel Industry in Rameswaram In recent times the number of tourists have increased which led to the increase in number of hotels built and amenities which leads to one of the major economy. There are 3 star and 5 star hotels in Rameswaram. The famous hotels in Rameswaram includes Sunrise View Hotel, Hotel MCM Towers (Mandi Street), Hotel Shanmuga Paradise (VPM Street), Blue Coral Cottage (VOC Nagar), etc.
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