The economy of Vizag rests on its flourishing industrial sector.From being a traditional fishing town to a prime industrial town at present,Vizag has covered a long distance,and has emerged as a major industrial hub of southern India.
The international port in Vizag is the reason behind its huge growth. Its locational advantage has attracted innumerable industrial giants who have set up plants and factories in the city.Some of the industries in Vizag are:
Bharat Heavy Plate and Vessels Limited
Coramandel Fertilizers Limited
Rashtriya Ispat Nigam Limited
Visakhapatnam Export
Hindustan Petroleum Corporation Limited
Hindustan Shipyard Limited
Vizag in recent times, is also flooded with companies like HSBC, Satyam, Wipro and other small BPO firms who have their offices in the city.Thanks to the English speaking population that is widely present in the city.
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