page_title: Nizamabad, Telangana
section_title: Economy
hierarchical_section_title: Nizamabad, Telangana / Economy
caption_attribution_description: English: Reliance Mall in Nizamabad
context_page_description: Nizamabad is a city in the Indian state of Telangana. Nizamabad is a major urban agglomeration and third largest city in the state. It is governed by municipal corporation and is the headquarters of the Nizamabad district. Although previously part of Hyderabad State and then Andhra Pradesh state, Nizamabad became a part of the newly formed state of Telangana by the Andhra Pradesh Reorganisation Act, 2014.
context_section_description: The economy of the city is largely based on industries and private businesses which are both under government and public sector. For most families the main source of income is either government jobs or family citizens working in Gulf countries. After the bifurcation of Andhra Pradesh and Telangana, with an initiative to develop the backward districts the state government has set up industrial parks in rural areas such as Sarangpur and Nehru Nagar.
  Some of major industries include Nizam Sugar Factory which was the biggest sugar factory in Asia during the reign of Nizams, and major Spice Park. As Nizamabad is the largest producer of rice in the state there are many of Rice mills situated across the district and mostly in Khanapur region.
  In 2018, with the aim of promoting establishment of IT industries in Tier-II cities, the state government of Telangana started the construction work of the proposed IT Tower and Incubation hub in the north part of the city.
caption: Reliance Mall
exif: {"Image Software": "Google", "Image YCbCrSubSampling": "[2, 2]", "Image ExifOffset": "58", "EXIF ExifVersion": "0220", "EXIF ExifImageWidth": "4160", "EXIF ExifImageLength": "3120"}