The territory of Munnar is almost entirely occupied by 30) are owned by Tata Tea, one of the Tata Group of companies. The entire area is known as "high range" and rarely Kannan Devan Hills, from which the famous brand of the Tatas gets its name. In April 2005, the Tata Group decided to divest its holding in the Munnar tea plantations, after which the employees purchased the plantations and are now running the same as Kanan Devan Hills Plantations Company Private Limited.
Many residents are employed in the tourism business. In 2000, the Government of Kerala declared Munnar as a tourist spot. This has helped in attracting more tourists to this beautiful hill resort. Several protected wildlife areas in the area attract many tourists who support the many hotels, restaurants and transport businesses in Munnar.



The two educational institutes in Munnar are Govt. Arts and Science College and Govt. Engineering College. Hospitals in Munnar are Tata General Hospital, Matha Hospital and Arun Hospital.