Business and Economy of Bhusawal
Transport in Bhusawal
Economy of BhusawalBanana cultivation is very famous in Bhusawal. The climate and surroundings in the area are favourable for the cultivation of bananas. They are exported to different parts of the country and traders come to buy them in Bhusawal. The Maharashtrain banana delicacies are also famous in the city and hotels.
Farming in BhusawalBhusawal is an important commercial center for the surrounding cotton-growing region. It also trades in bananas, millet, and peanuts (groundnuts) and has a large-scale oil-processing industry. About 60% of the city’s economy is dependent on agriculture and hence factors like flooding, low-rainfall affect the economy.
The Ordnance factories of Bhusawal have also added to the employment. The development of the Deepnagar Thermal power station, which is planning a extension project has just added to the economy.