Top Industries in Akola
Akola is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Akola include:
Agriculture
Agriculture remains the backbone of Akola's economy, with a focus on cotton and soybean production. The industry supports numerous ancillary businesses, including agro-processing and distribution.
Range: $5-$15k
Growth rate: 5%
Textiles
The textile industry in Akola is expanding, leveraging the local cotton supply to produce garments and fabrics. This sector is seeing increased investment and job creation.
Range: $6-$18k
Growth rate: 7%
Education
Education is a growing sector in Akola, with numerous schools and colleges expanding their faculties. There is a rising demand for qualified educators and administrative staff.
Range: $4-$12k
Growth rate: 6%
Employment Trends and Growth Rates
Akola is witnessing steady job growth, particularly in agriculture and textiles, which are key drivers of the local economy.
The Gini index highlights moderate income inequality, with efforts underway to improve wage distribution across sectors.
There is a noticeable trend towards increased job turnover as workers seek better opportunities in emerging industries.
Job Market for Remote and Freelance Workers in Akola
Remote work is gradually gaining traction in Akola, especially in sectors like education and IT services.
Local companies are beginning to offer remote positions, reflecting a national trend towards flexible work arrangements.
The demand for remote jobs is expected to grow, aligning with global shifts in work culture.
Job Resources and Networking
Akola offers several local job boards and career fairs that cater to various industries.
Career development centers and job placement programs are available to assist job seekers in navigating the local market.
Local platforms such as AkolaJobs.com provide valuable resources for finding employment opportunities.
Property Prices Rankings
The Property Prices Rankings for India evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings