Tanuku - Economy

Economy

Tanuku's high literacy rate and a couple of geographic advantages have helped it's economic growth. It is a part of the Godavari River basin, which is one of the most fertile regions in the country and forms part of the rice bowl of India. Other crops grown are sugar cane, bananas, coconuts and many different types of vegetables, especially brinjal.

Retial giants like Bombay Dyeing, Raymond and recently Peter England in textiles and Reliance, More in FMCGs have made their way to this town trying to tap the quick growing middle class income. IT enabled companies like Iton Corp, Oman based and Vectramind Technologies, Dubai based companies are among the few Corporate companies in Tanuku serving International clients.

Tanuku is one of the few places in the country that has an abundance of UDMH-MMH (monomethylhydrazine), an important liquid rocket fuel very commonly used in the orbital maneuvering system (OMS) engines of NASA’s Space Shuttle. The largest industry in Tanuku is Andhra Sugars. There are seven medium scale and several small scale industries in and around Tanuku.

Major sources of employment are Agriculture, Health, Pharmacy, Industries, Real estate, etc...