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Ample space, a better lifestyle, and high job opportunities are the reasons that attract people to settle in Asansol. The rapid growth of businesses in different sectors plays a significant role in making it a smart city. The 11th fastest growing city of India is a center spot for many national and international companies.
Innumerous shops and small businesses run in Asansol. Businesses include a vast range of work segments. In education, schools, colleges, institutes, and coaching centers have established and become an important part of its economy. Various developing industries include real estate, food, retail, manufacturing, factories, IT, digital, and automobile. Apart from that, other professions related to health care, hotel management, clothing, travel, and fashion have flourished here immensely.
The population has a great impact on the evolution of its commerce. People prefer Asansol to set up any kind of business because there are more possibilities for its quick growth.