Aurangabad, Maharashtra - Economy

Economy

There is evidence to believe that Aurangabad was developed as a trading hub four centuries ago. Aurangabad is the one the fastest developing cities in Asia. It tops the chart among the developing cities. It lies on a major trade route that used to connect north-west India's sea and land ports to the Deccan region. Recently Aurangabad was in news for placing single largest order for Mercedes Benz cars in a single transaction in India — 150 Mercedes Benz cars worth Rs 65 crore. Without a local Mercedes-Benz showroom and encountering an indifferent Mercedes-Benz dealer in the nearest city, a group of successful citizens pooled their orders and negotiated a record agreement with the firm. Soon after that, bulk purchase order of 101 BMW cars was also placed. .

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