The Sandal Oil Factory, the Soap Factory, the Metals Factory, the Chrome Tanning Factory - all these he started. Of the many factories he started the most important is the Bhadravati Iron and Steel Works. A list of the things that MV did as Dewan for the prosperity of Mysore will fill pages. Trade and industries must grow. But these need the help of banks.
Merchants send their goods to purchasers in other cities.
It is safe and easy to get the money through banks. It was because of MV's suggestion that the Bank of Mysore came to be started. He helped it in every way. He also suggested that good hotels should be opened in Bangalore and in Mysore for visitors. He helped those who started such hotels.