Shrirampur - Economy

Economy

Arid dry climate and well established irrigation system makes Sugarcane an ideal cash crop. Shrirampur is considered as one of the major producers of sugarcane in the sugarcane belt in the state of Maharashtra.The first sugar mill of India known as "The Brandy Factory" was established in Haregaon by the Britishers in the pre- independence era of 1924. After independence, Co-operative movements are raised in the surrounding.In the year of 1950, The first co-operative sugar mill in India was established by the farmers in Pravaranagar (Shrirampur Taluka). this co- operative movement was appreciated by the whole country. For this Great Movement, the Founder Shri. Vitthalrao Vikhe Patil was felicitated with "PADMASHREE" by The Former Prime Minister Jawaharlal Neharu. Over 10 sugarcane industries surrounding the town make for a very industrious economy. Due to recent setbacks in the sugar industries the people from these areas are turning to other cash crops.The credit of this goes to Mr. Wilson who due his foresight constructed a Dam at Bhandardara the water through the canal web helped to irrigate the entire north part of Ahmednagar Dist specially for the Shrirampur region. It has Shrirampur MIDC (Industrial Area), area which is well developed for industries.Prabhat dairy is one of the biggest industry in Shrirampur & surrounding area.

--Vaibhavkadnor (talk) 19:38, 10 May 2013 (UTC)
by:VAIBHAV.KADNOR
CEO:DESIGNERS CHOICE

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