Economy
The most important factor is agriculture in this region. The region has dry lands and wet lands. Paddy and black gram are cultivated on wet lands and corn is grown on the dry lands. As the Krishna west canal does not provide irrigation for rabi season, the fields are left empty during the summer. Aquaculture, mostly prawns, meant for the export are cultivated along the banks of Krishna river. Dairy, Poultry followed, mainly to supplement the agricultural income.
Peteru, Isukapalli are some of the main handloom weaving centres in Repalle. Isukapalli Handloom Weavers Co-operative Society Ltd is producing quality Bed Sheets,Towels, Lungies,Modern Handkerchiefs. Peteru is home to handlooms and the cloth woven here is sold in all parts of the state.
Industrial :
VANPIC Ports Private Limited is developing (Vadarevu and Nizampatnam Port & Industrial Corrider) a world class, State of - the art Port - Based Industrial Corridor comprising two ports, Shipyard, Multi Product Industrial Parks, Special Economic Zones (SEZ), Power Plants and Airport between Nizampatnam - Kothapatnam in an area of 25000 acres.
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Famous quotes containing the word economy:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)