Economy of Satna
Agriculture in SatnaThe importance and contribution of agricultural sector has certainly been a dominant factor in making Satna an economically viable state over past few decades. Though industrial economy contributes to a large extent still agrarian economy is the important pillars of Satna economy and will continue to hold pretty strong influence over its economy even in coming years. Wheat, peanuts are major crops grown in the area.
Industrial Sector in SatnaToday Satna city owes much of its economic success and rising economic profile to its robust industrial sector. And at the heart of its robust and belligerent economy lies huge number of cement factories and plants spread across in and around Satna city. These cement factories and plants are obviously capitalizing on huge reservoir of limestone mineral that is found in Satna District, which actually has helped in making Satna city the official cement capital of India. Various industries have attributed to growing urbanization and
industrialization of the local economy.
Birla Vikas Cement, Satna Cement Works, Vindhayachal Steel Foundary
Address: P.O. Birla Vikas, Satna-485 005, Madhya Pradesh
Phone : (091)(7672) 41 2000, 25 7844-47,25 8002-03, 40 8083
Fax : (091)(7672) 257456/257576
E-mail : email@example.com
Address: Maihar, Dist. Satna
Phone no: 07674-277067 / 68 Fax: 07674-277806
KJS Cement Ltd
Address: Rajnagar Village, Maihar Tehsil, District – Satna
Phone no: 07674-292025
Address: Mankahari Village, Rampur – Baghelan Tehsil, Satna - 485111
Phone no: +91-7672-275621, +91-7672-275622
While these and many other large scale units have certainly helped industrial sector in laying a strong foundation, but even today Satna’s industrial sector mostly compromises of small and medium scale industries. Most of these small and medium scale industries are operating in various industrial areas operating in adjoining towns and villages of Satna city. If we go deep into numbers, then most of these industries compromises of Agro based units, Ready-made garments & embroidery, Leather based units, minerals based units and repairing and servicing units. As for names of prominent industrial areas are concerned, then they are as follows: Satna industrial area, Itmakothar industrial area, Ghoordang industrial area, Maihar industrial area and Karmshala unchehara shed.
Service Sector in SatnaIf we go by the trends and statistics exhibited by all successful economies across the world, then it is pretty clear that growth and boom in industrial sector has a positive impact on service sector too. This is equally true about Satna’s economy as well, where over last few decades service sector’s growth has been largely fuelled by success of industrial sector. As a result today Satna boosts a very robust banking sector, resilient healthcare and hospitality industry and even small BPO industry. Service sector’s overall contribution to Satna’s local economy is today pretty significant. This said, Satna service sector is still in its infancy stage if we compare it with service sectors of prominent cities like Bhopal, Indore and Jabalpur. Nonetheless, there exists today a very strong foundation for service sector, which can witness stupendous growth in near future, provided if correct economic policies and steady investments are made.
The overall picture that we get is that today Satna city’s economy is not only heading towards right direction, but is poised for impressive economic growth in coming years. Well, it at least does have strong foundation that can propel its economy to much, much higher level. All it needs is special attention of important administrative bodies and more importantly business & industrial friendly policies.