Economy Profile
Bharuch has always been prosperous because of its location on the Narmada River. Although water tends to be scarce in Gujarat, one never finds difficulty in getting water in Bharuch. As a result of this, agriculture and other linked commercial activities have flourished in Bharuch. Bharuch is also a central stopping point for many villages spread around its boundaries. People from these small villages come to Bharuch when they want to shop for new clothes, or make a major purchase. Lately a lot of retiring expatriates have been returning to Bharuch and building new houses giving the economy a boost.
Traditionally, Bharuch has been the center of the peanut processing and marketing industry with a well established brand name around the country. Almost none of the peanuts are grown in Bharuch itself but the best of the crops from neighbouring regions are brought here for processing. Mr. Kirit P Modi a local resident and businessman holds the Intellectual Property rights for manufacturing roasted salted peanuts in a hygienic process. Bharuch is also the home of the Bandhni method of clothing design and is well known for this traditional art form.
At present, this heavily industrialised city is renowned for its textile mills, chemical plants, long staple cotton, dairy products and much more. Gujarat's biggest liquid cargo terminal is situated here. It also houses many reputed multinational companies like Videocon, BASF, Reliance, Welspun Stahl etc.
Bharuch is a shopping center well known for its salty peanuts. Because of the distinctive colour of the soil here that is ideal for cotton cultivation, Bharuch is sometimes referred to as 'Kanam Pradesh' (black soil land).
In the past 10 years or so a major part of population has moved to countries like United Kingdom, United states of America, The African continent, & other parts of Europe. This definitely brings some economical boost to the local businesses as people come bacfor vacations & spend their earnings here.