In early age, main activity of the people was agriculture. In the revolution/awakeness of Industry and Business a good percentage of the people turned to the new ventures. There are many Tile Factories, Rice, Oil Mills, Food Processing units, Plastic, Engineering Industries, Saw Mills, Small and Medium Packing Case Manufacturing units, making of Ornaments, Electro Plating works etc., in the Panchayath area. Main businesses are general stores, medical, stationary shops etc., Gold Jewellery business is a new venture at this area. In order to promote the industries Govt. of Kerala commenced minor and major Industrial Estates at Ollur.