Business and Economy of Bhusawal
Most of the population in Bhusawal earn their living working through the Central railway or by farming. The banana cultivation is also one of the major factors that adds to the income of the people in the city. Development of the city leading to Ordnance factories and Thermal power plants have greatly added to the economy.
Transport in Bhusawal
Economy of Bhusawal
Banana 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 Bhusawal
Bhusawal 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.