Nashik today is one of the fastest growing cities of India and has even been identified as a tier-2 metro.
The city's economy is move up cheifly by the engineering and manufacturing industry as well as the
growing agriculture in area surrounding the city. Auto majors such as Mahindra & Mahindra, BOSCH
and Original Equipment Manufacturers (OEMs) such as VIP, Samsonite, CEAT etc. have their plants
here and have spawned a huge network of auto component suppliers and engineering ancillary services.
It is also a pharmaceutical hub with presence GlaxoSmithKline and Fem. In recent years, Nasik has
also carved a niche for itself as India's "Napa Valley" and locally established wine brands such as
"Sula" have attained international acclaim. Modern efforts are on to promote the growth of an exportoriented
rose farming and wine industry in the district. Nashik is also deemed "the third most
industrialised city of Maharashtra after Mumbai and Pune", mainly due to extensive industrial
development in recent times. It is home to an important thermal power plant (Eklahare) and a National
Treasury Printing Press. There are five "Industrial Zones" in the Nashik area and its outskirts (Satpur,
Ambad, Sinnar, Igatpuri and Dindori. Nashik has a number of sugar mills. It is also chief exporter of
white onions and pomegranates.
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