Business and Economy of Dharwad
Dharwad’s location off National Highway 4 and several industrial belts have come up in Dharwad-Hubli district and Hubli district in Dharwad is famous for being a top cotton producer in India. Dharwad is also a primary agricultural sector and major crops like jowar, maize, millets, wheat, onion, rice and cotton are cultivated. Enriched with fertile black and red soils of the mountains and the plains, fruits like mangoes and bananas are produced here. Hubli district is the headquarters of selling and buying activities for farmers who visit the APMC market situated at the junction of Hubli and Dharwad district and the market is renowned for commodities like rice, cotton, jowar, onions and red chillies.
Agriculture in DharwadSeveral ancillary agricultural industries are also famous in Dharwad for farming commodities like crushed rice, puffed rice and edible oils. Besides being home to several ginning and spinning mills and factories, Dharwad-Hubli is also known as the base of several electrical, technological and agricultural equipments factories. Navalgund sub division in Dharwad district is popular for woven cotton covers or carpets known as Jamkhanas.
Creation of an innovative diesel locomotive or loco shed by Indian Railways and the central base of several small and medium scale industries in Dharwad city/town have boosted the industrial growth manifold. Formation of Karnataka Chambers of Commerce and Industry in this region also fuelled the economic and industrial progress of Dharwad. The creation of Agricultural Produce Committee to ensure elimination of free market for farmers to achieve fair pay has also helped in increasing agricultural growth.
IT Colleges of Dharwad are a great source for the IT industry
IT Industry in DharwadHubli Software IT Park’s establishment since 2001 has aggravated the growth rate of the economy of Dharwad-Hubli and overall helped in generation of employment opportunities in the region. Other industries established in this region are Tata Motors Ltd, TELCON, Kirloskar Electrical Co. Ltd, Tata Marcopolo Motors Ltd, NGEF Ltd, Murudeshwar Ltd, JBM Industries, DRT Holidays India, BDK Group of Industries, Karnataka Milk Federation, Bhoruka Textile Mill and Kamat Group of Hotels. Tata Motors factory has a vehicle manufacturing plant in Dharwad alongside food processing industries, rubber, leather, tanning, steel furniture, machine tools industries thriving.
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