In  this  Municipal jurisdiction, this Municipality  maintains  one DR.Ambedhkar  Daily Market which  supports the daily needs of people residing in the surrounding rural areas  and the town. The  Municipal market is located in the central area near Municipal Office and 73 shops including  vegetable  , petty  shop and Provision shop.

The  Market details  is  given below :

(1)      DR.Ambedhkar  Daily Market, Colachel.

The Urban local body maintains one daily market which caters to the need of Colachel  town and the surrounding  rural areas . The Municipal market  consists  of different type of commercial activities like vegetable shop, provision  store ,  shops,  weekly markets  .

Petty shops and Provision shops . Colachel Municipal market is an important commercial centre and generates  revenue  which  is additional revenue to the local body . Other than these there 132  market shops are also functioning outside the market area.       The existing  market needs to be re-organised  with an orderly manner with adequate parking facility.