Economy
The India Security Press (the National treasury press) was the biggest employer in Nashik Road for many decades until the late eighties when a service-based economy started to thrive.
The existence of the India Security Press is very beneficial to Nashik Road citizens, not only it provided employment to thousands of residents for the past few decades and spawned the surrounding economy but also because it has kept the green canopy in the city protected. It also has an adjoining Gymkhana and a large playground, which is a favorite games/exercise spot for children and adults alike.
In recent days, the government has decided to prepare IT parks in the city of Nasik Road. When these IT parks will be ready, there will be a great boost to Information Technology sector in Nashik. There are many industries like Mahindra and Mahindra an automobile industry,MICO Bosch are located at Satpur.Hindustan Aeronautics Limited is a fighter aircraft manufacturing company at Ojhar(mig) 20 km from Nashik at east side.
Read more about this topic: Nashik Road
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)