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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)