Allahabad, Uttar Pradesh, India

Economy

🇮🇳 Allahabad, officially known as Prayagraj, also known as Ilahabad, is a metropolis in the Indian state of Uttar Pradesh. It is the administrative headquarters of the Allahabad district—the most populous district in the state —and the Allahabad division. The city is the judicial capital of Uttar Pradesh with the Allahabad High Court being the highest judicial body in the state. In 2011 it was ranked the world's 40th fastest-growing city. Allahabad, in 2016, was also ranked the third most liveable urban agglomeration in the state. Hindi is the most widely spoken language in the city.

Located in southern Uttar Pradesh, the city and its surrounding area are governed by several municipalities, although a large portion of Allahabad district is governed by the Allahabad City Council. The city is home to colleges, research institutions and many central and state government offices. Allahabad has hosted cultural and sporting events, including the Prayag Kumbh Mela and the Indira Marathon. Although the city's economy was built on tourism, most of its income now derives from real estate and financial services.

Economy Overall Allahabad has a stable and diverse economy comprising various sectors such as State and Central government offices, education and research institutions, real estate, retail, banking, tourism and hospitality, agriculture-based industries, railways, transport and logistics, miscellaneous service sectors, and manufacturing. Average household income of the city is US$2,299.

The construction sector is a major part of Allahabad's economy. Secondary manufacturers and services may be registered or unregistered; according to the third All India Census for Small Scale Industries, there are more than 10,000 unregistered small-scale industries in the city. An integrated industrial township has been proposed for 1,200 acres (490 ha) in Allahabad by the Dedicated Freight Corridor Corporation of India.

The city is also home to glass and wire-based industry. The main industrial areas of Allahabad are Naini and Phulpur, where several public and private sector companies have offices and factories. Bharat Petroleum Corporation Limited, India's largest oil company (which is state-owned), is constructing a seven-million-tonnes-per-annum (MTPA) capacity refinery in Lohgara with an investment estimated at ₹62 billion. Allahabad Bank, which began operations in 1865, Bharat Pumps & Compressors and A. H. Wheeler and Company have their headquarters in the city. Major companies in the city are Reliance Industries, ITI Limited, BPCL, Dey's Medical, Food Corporation of India, Raymond Synthetics, Triveni Sheet Glass, Triveni Electroplast, EMC Power Ltd, Steel Authority of India, HCL Technologies, Indian Farmers Fertiliser Cooperative (IFFCO), Vibgyor Laboratories, Geep Industries, Hindustan Cable, Indian Oil Corporation Ltd, Baidyanath Ayurved, Hindustan Laboratories.

The primary economic sectors of the district are tourism, fishing and agriculture, and the city is a hub for India's agricultural industry. In the case of agriculture crops, Paddy has the largest share followed by Bajra, Arhar, Urd and Moong, in declining order during the Kharif season. In Rabi, Wheat is predominantally followed by pulses and oilseed. Among oilseed crops, Mustard has very less area under pure farming and is grown mainly as a mixed crop. Linseed dominates the oilseed scenario of the district and is mainly grown in Jamunapar area. in the case of pulses, gram has the largest area followed by pea and lentil (masoor). There is fairly good acreage under barley.

Allahabad, Uttar Pradesh, India 
<b>Allahabad, Uttar Pradesh, India</b>
Image: Adobe Stock vidyanath #382265168

Allahabad was ranked #425 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Allahabad has a population of over 1,394,000 people. Allahabad also forms the centre of the wider Allahabad metropolitan area which has a population of over 2,424,400 people. Allahabad is ranked #963 for startups with a score of 0.094. It is estimated there are around 10,000 businesses in Allahabad.

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Text Atribution: Wikipedia Text under CC-BY-SA license | Nomad | StartupBlink

  • William Emerson |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect William Emerson is associated with Allahabad. He was elected a Fellow of the Royal Institute of British Architects (FRIBA) in 1873.

Antipodal to Allahabad is: -98.166,-25.438

Locations Near: Allahabad 81.8338,25.4375

🇮🇳 Prayagraj 81.833,25.433 d: 0.5  

🇮🇳 Varanasi 83,25.317 d: 117.9  

🇮🇳 Faizabad 82.146,26.773 d: 151.7  

🇮🇳 Ayodhya 82.192,26.788 d: 154.3  

🇮🇳 Lucknow 80.95,26.85 d: 180.1  

🇮🇳 Ghazipur 83.57,25.58 d: 175  

🇮🇳 Jajmau 80.35,26.46 d: 186.9  

🇮🇳 West Kanpur 80.332,26.45 d: 187.7  

🇮🇳 Kanpur 80.332,26.45 d: 187.7  

🇮🇳 Gorakhpur 83.383,26.759 d: 213.4  

Antipodal to: Allahabad -98.166,-25.438

🇵🇪 Pisco -76.2,-13.717 d: 17376.6  

🇵🇪 Callao -77.15,-12.067 d: 17355.9  

🇵🇪 San Isidro -77.033,-12.083 d: 17346.8  

🇵🇪 Lima -77.033,-12.05 d: 17344.6  

🇵🇪 Villa El Salvador -77,-12.05 d: 17341.7  

🇵🇪 Chincha Alta -76.133,-13.45 d: 17354.3  

🇵🇪 Ancón -77.15,-11.733 d: 17333.4  

🇵🇪 Ica -75.733,-14.067 d: 17354.9  

🇵🇪 Chimbote -78.583,-9.067 d: 17258.9  

🇵🇪 Trujillo -79.034,-8.103 d: 17218.5  

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