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About: Economy of Vijayawada     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:City, within Data Space : dbpedia.org associated with source document(s)

Type: city New Facet based on Instances of this Class

Vijayawada is the second-largest city in the state of Andhra Pradesh of India. It is one of the Tier-II cities and is categorized under the B-1 graded cities of India . Factors contributing to its economic growth include agricultural exports, tourism, resources, industries and transportation etc. The economy depends largely on trade and commerce, which provides entrepreneurial growth. About 70% of working people are involved in tertiary activities. According to one study, the GDP of the city in 2010 was $3 billion (Rs. 18,000 crore) and is expected to grow up to $17 billion (Rs. 1,02,000 crore) by 2025. According to another by Oxford the GDP of the city in 2018 was $5.8 billion and is expected to grow up to $21 billion by 2035.