 Keltron (Kerala State Electronics Development Corporation) has made inroads into electronic markets throughout the country.The Kerala State Sericulture Co-operative Federation Limited had declared Balaramapuram a "silk village" in 2004 and the silk yarn produced at different centres in Kerala is processed to fabric at Balaramapuram.Companies such as Travancore Titanium Products Ltd, the leading manufacturer of anatase grade titanium dioxide in Asia, English Indian Clays Limited, Kerala Automobiles Ltd, the leading public sector company in manufacturing three-wheelers in south India are located in the city.