While historically known purely as a spiritual center, modern Haridwar is one of Uttarakhand's most vital industrial and economic hubs.
* **SIDCUL**: The State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd operates a sprawling industrial estate here, attracting major national and multinational manufacturing units due to favorable tax policies. * **BHEL**: Bharat Heavy Electricals Limited, a public sector engineering enterprise, operates a massive heavy equipment manufacturing facility and residential township (Ranipur) in the city. * **FMCG & Wellness**: Haridwar serves as the global headquarters and primary manufacturing base for Patanjali Ayurved, making it a critical node for India's FMCG and wellness sectors. * **Local Commerce**: Bustling traditional markets like Moti Bazar, Bara Bazar, and Kankhal Market form the backbone of the local economy, specializing in spiritual texts, brassware, textiles, and religious artifacts.