The inhabitants of the settlements, which developed in and around Konni resorted to agriculture and forestry as the main economic activities. Plantation industry also has very old history in this region. Teak, which is a common tree species in the forests of this region was raised in plantations as early as in the year 1867. Large tracts on the banks of Achencoil river have been converted into teak plantation in the following years and
Konni Teak has earned its name in the timber market world over.