Located close to Mumbai and Pune and on the banks of Godavari River, Nashik is an important city in the Indian state of Maharashtra. According to mythology, Lord Rama, his wife Sita and brother Lakshmana spent their exile years in this region. It is also said that Nashik got its name from Nasika, meaning nose in Sanskrit – because this is the place where Lakshmana cut off the nasika (nose) of Ravana’s sister to save Sita.
The holy city hosts the legendary Kumbh Mela every 12 years. In addition, there are more than 100 temples and holy places, including Ramkund and Panchavati that attract thousands of tourists to Nashik every year. While being a place of great religious significance, Nashik is also an emerging centre of trading. It has been ranked the 16th fastest developing city in the world, according to ‘The City Mayors Foundation’ report. Recently, the city has also been named the most promising city of India by the First Smart Cities Council.
Key Industries and Job OpportunityTraditionally, Nashik’s economy has been mainly dependent on agro-based industries, such as, textile, cotton, and wine industries. More than 10,000 tonnes of grapes are produced in the region every year, which help fuel the city’s wine industry. In addition, Nashik is famous for producing hand woven silk saris, also known as Paithani. The agro-based industries generate hundreds of jobs in Nashik every year.
However, past few decades have seen the city’s manufacturing, engineering, and banking, financial services and insurance (BFSI) sectors growing at a steady pace. Proximity to Mumbai and Pune, ample water supply, and state-of-the-art infrastructure are some major reasons for this growth. The Maharashtra Industrial Development Corporation (MIDC) has developed industrial zones in Ambad, Gonde, Satpur, Igatpuri and Sinnar to attract more investments in the city. Many acclaimed companies, including Siemens, Mahindra & Mahindra, LG Electronics, CEAT, TI Cycles, and Samsonite either has manufacturing units or important R&D centres in Nashik.
Some other key jobs generating sectors include IT & BPO, real estate, and education. Whether you are an engineer, salesperson, teacher, lawyer or property consultant, you are likely to find a suitable job in Nashik.
WineTwenty two out of 46 wineries in India are based in Nashik. The city also hosts a number of wine festivals, including SulaFest. It is no wonder then that Nashik is called the wine capital of India and employs thousands of people in its wine production sector.
ManufacturingThe central government’s ‘Make in India’ campaign has helped Nashik attract larger investments into its manufacturing sector in recent years. Leading automobile companies like Mahindra & Mahindra (M&M) and Bosch India Ltd have invested several crores of rupees to expand their manufacturing units in Nashik. Other leading companies that have manufacturing units in Nashik include Atlas Copco, Glaxo, Garware, Thyssen Krupp, and Blow Plast.
EducationNashik is home to many acclaimed schools and colleges and two universities, namely, the Maharashtra University of Health Sciences and the Yashwantrao Chavan Maharashtra Open University. In addition, there are several research centres and technical institutes in the city. It is not hard to see why Nashik is considered the second most important education hub in Maharashtra, after Pune.
Real EstateWhile property markets in Mumbai and Pune are almost saturated, Nashik’s realty market still has enough space for growth. Property prices and appreciation rates in Nashik are comparatively low. Consequently, many companies are showing interest in making investments in the city’s real estate sector. Several residential and commercial projects are already under construction in areas like Adgaon, Gangapur Road, Nashik Road, College Road Pathardi, and Deolali Camp.
IT & BPOJobs are also available in the city’s IT and BPO sectors. Most of the IT companies are now located in Vascon IT Park. Another IT Park called Anand Mahindra IT Park is under construction at Ambad. Some leading IT & BPO companies in Nashik include WNS Global Services, ESDS Software Solutions Pvt. Ltd, Winjit Technologies, and Aress Software & Education Technologies Pvt. Ltd. In addition, Accenture is working on setting up a new unit on 200 acres of land in Nashik.
If you are looking for employment opportunities in Maharashtra or surrounding areas, consider keeping a tab on the jobs in Nashik.