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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)