The city witnessed rapid growth in trade and commerce, transport and other socio-economic activities after the construction of Railway lines in the early twentieth century. Several factories, including the National Brewery Company, a match factory, an ice factory and a steam-powered flour mill were established in the city in first decade of the century. The Indian Wood Products Limited was established in Izzatnagar in 1919, where Catechu was produced on a large scale. A number of industries such as the Indian Turpentine & Rosin (founded in 1926) and the Western Indian Match Company (WIMCO; founded in 1937) were also established at C.B. Ganj, located at a distance of 8 km from the city center. HR Sugar Factory was established in Nekpur in 1932. As a result, Bareilly emerged as a major industrial and commercial area of the region by the 1940s, with many banks and educational institutions being established in every corner of the city.