Vijaywada Economy



Vijaywada economy depends largely on trade and commerce. Being one of the major agricultural market hubs of the Krishna Basin, Vijaywada boasts of several agricultural based industries. One of the most notable points about the Vijaywada economy is that the major chunk of the working population is involved in the tertiary sector. About 72% of the working people are occupied in tertiary activities. At the same time a decrease in the working population of the secondary sector has been noted in the last census in 2001.

As a thriving commercial and industrial center, Vijayawada witnesses several industries and trades like:
  • Textile industry
  • Automobile industry
  • Cotton
  • Turmeric
  • Consumer goods
  • Virginia Tobacco
  • Other industrial products

The economy of Vijayawada also comprises of numerous plants making agricultural products and commodities. The two well equipped industrial estates in Vijayawada - Auto-Nagar and other near Kondapalli boasts of many oil mills, dal mills and rice mills. The Super Thermal Power Station near the city has affected in a positive way to the industry and economy of Vijayawada. Large solvent plants and other agro-industrial factories have been set up near Kanuru.

Although comparatively much less but a substantial amount of revenue is earned from the mango plantations. Vijayawada is one of the largest exporters of mango in the state of Andhra Pradesh.

To know more about Vijayawada's economy click on the following links:


Last Updated on: 9/05/2013



     


     

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