 The place is providing its residents with pure water with no salinity in it and plain beautiful land very close to the Periyar River.It is the birthplace of Famous Film director/Actor Althaf Salim

The people here mainly rely on agriculture.Panayikulam is well known for the cultivation of Snap Melon (Pottuvellari).Panayikulam is home to a lot of Non Resident Indians.