Economy of Gwalior
Gwalior enjoys being at a very strategic position as being a main junction on New Delhi - Chennai railroad and being on NH-3 and NH-75. Gwalior is surrounded by 3 Industrial areas - Sitholi, Banmore and Malanpur. All three of these sectors are on NH 75, NH-3 and NH 92 respectively, with Malanpur being the largest. The city used to have big manufacturing industries, such as Gwalior Grasim and J.C.MILLS of Birlanagar, but now this sector is left with only one industry - J.B.Mangharam Ltd. But the other 3 sectors have many industries. The important are from dairy, chemical, manufacturing, textiles, and other industries. Handicraft and small industries are also found like Gwalior potteries. Gwalior is also an important historical and tourism sector of the country. Therefore, the tourism sector also puts an effect into the city's economy. Gwalior is part of NCR. The Gwalior Trade Fair is an annual trade fair showcasing the economy of Gwalior. There are some manufacturing set-ups of some companies like Cadbury, J. K. Tyres, Surya Bulbs, and SynRam.
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“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)