Mysuru, Aug. 3 -- Once illustrious factory joins list of Mysuru's lost industries; 2,500 workers' legacy fades into history

The movable and immovable assets of Falcon Tyres on KRS Road in Metagalli have finally been sold after a prolonged legal battle that began in 2015, marking the end of a once-thriving industrial unit that employed nearly 2,500 workers.

Established over 50 years ago, Falcon Tyres now joins the long list of major industrial closures in Mysuru, including K.R. Mill, Mysore MMC, Ideal Jawa, Jai Bearings and Mysore Steel Company. More than 18 mega factories have shut down in the region over the years.

Industrial sources confirmed to Star of Mysore that the assets were purchased by a private garment company in an e-auctio...