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     Bignole Celebrity Bewarse Username: Bignole Post Number: 27108 Registered: 03-2004 Posted From: 148.87.67.197 Rating: N/A |
Agriculture, commercial trade, tourism, industries, transportation and tertiary sectors etc., are the major sectors that contribute to the economy of the city. Vijayawada is famous for processing of agricultural products, automobile body building, hardware, textile, consumer goods and small scale industries. GDP of Vijayawada for 2008 was stimated at Rs 55.26 billion and it was $3 billion (Rs. 180 billion) in 2010.[10][23] The fact that Vijayawada is well connected through rail and road, makes it one of the main hubs of commercial activities. Textile market reports more than INR100 million (US$1.7 million) of trade every day. Agro-based industries such as Cotton, Turmeric, Virginia Tobacco etc., are located in the surrounding areas. There are also oil, dal and rice mills located at Kondapalli. Real Estate is another sector in Vijayawada which is very high in property prices and are comparable with top cities of India. According to the data prepared by the NHB, the property prices increase was observed in Vijayawada is 1.1%.[24] Industrial estates The two well equipped industrial estates in Vijayawada are Auto-Nagar and other near Kondapalli. The Jawahar Lal Nehru Auto Nagar Industrial Estate in Vijayawada is one of the largest auto industry hubs of Asia.[25] While, the industrial estate in Kondapalli suburb, is spread over 450 acres (1.8 km2) and is base to more than 800 industries. The Kondapalli Estate houses thermal power plants and is base to more than 800 industrial units. Kondapalli suburb also houses Andhra Pradesh Heavy Machinery & Engineering Limited (APHMEL) factory.[26] It is also a hub for storage, bottling and transportation of petroleum products of all major companies like BPCL, GAIL, HPCL, IOC, Reliance etc.[27] Naaku okadu edurochinaa vadike risku...nenu okadiki edurellina vadike risku |