Economy
The Majority of the people in Urban areas of Krishna district are engaged in trade and commerce. Agriculture is the most important occupation of the people of the district.
The District hosts many industries. KCP Sugar Factory at Vuyyur is one of the largest sugar plants in India. Vijayawada Thermal Power Station (VTPS) near Ibrahimpatnam is ranked as the No.1 Power generation unit in India for its high performance. Apart from this, many medium Scale Cement factories are there throughout the district. There are many small scale industries like musical instruments at Jaggayyapeta, gold-plated ornaments at Machilipatnam and Kondapalli toys. SIRIS Pharmaceutical Company at Vijayawada is another giant company manufacturing Allopathic medicines. The oldest port in Andhra Pradesh is at Machilipatnam. Bharat Electrical Limited (BEL) located at Machilipatnam and it is owned by the Indian Government & primarily manufactures advanced electronic products for the Indian Armed Forces. BEL is one of the eight PSUs under Ministry of Defence, Government Of India. It has even earned the government's Navratna status.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
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—Ralph Waldo Emerson (1803–1882)