Other Pillars of Economy of Solapur
The industrial empire of the Kirloskars expanded to Solapur way back in 1900. They set up their factory near Tikekarwadi, thus announcing the industrialisation of Maharashtra to the world. The Foundry with an annual capacity of 40000 MT is a major supplier to Mahindras, Toyota, Piaggio, Escorts, TAFE etc. The company is spread over 74 acres and is home to many species of birds, animals and insects. There are 2 lakes within the premise and is home to the migratory birds all round the year. The company employs more than 500 employees and is a major revenue earner in the city. It contributes its might to the development of the city. The company is a part of Kirloskar Ferrous Industries Limited, with its head office at Koppal in Karnataka. The regd office of the company is at Pune.
The Solapur district has the largest industry in Maharashtra for Beedi production. Solapur is also known for its oilseed-market. The other leading industries include: Precision Camshafts Limited, Smruthi Organics Limited., CIMCCO, Balaji Amines Ltd., Laxmi Hydraulics Pvt. Ltd.,Thirumala Precicasts Pvt.Ltd.
The dissolution of giant textile mills like Lakshmi Vishnu, Yeshwant, Juni-mill, Solapur etc. had a great set-back on the economy of the city as well as districts.
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