The economy of Salem is mostly influenced by
Information Technology,
Steel,
Textile industry,
Agriculture and others. Salem is most popularly known as the
Steel City and
Mango City of India. Gross Domestic Product (GDP) of Salem city is 12,134.10 (In Crore Rupees) and growth rate is 10.31% (YOY). It is the third largest economical district in Tamil Nadu. Salem has one special economic zone over 40 in Tamil Nadu. ELCOT has established an IT SEZ at Jagirammapalayam village in an extent of 53.33 acres of land at an investment of 40.53 crore.
Salem district also have local planning authority called Salem Local Planning Authority for development of
Salem City Corporation area and Salem metropolitan area. == Salem metro ==