 The industrial area was established in the late 1970s.Well known companies in India like Sandur Fluid Controls Pvt Ltd, Jain Trade Center, Siddhivinayak Industries, Alfeni Metarc Ltd. , 3D Concept Tooling (P) Ltd., Mangalam Creations, Cooltronics, BPE BioTree (P) Ltd., Wipro Technologies, ABB have their factories in the Peenya Industrial Area.Over the past few years, industries from this area are slowly being shifted to the outer parts of north Bengaluru, because of the pollution that emanates from these factories impacting residential areas in the city.