Economy Nagapattinam

the main occupation of nagapattinam fishing in waters of bay of bengal. fish sold in daily , weekly fish markets in town. there large number of ice factories preserving fish. industry suffered setback after tsunami struck coast on 26 december 2004.

there limited agricultural activity, agricultural commerce conducted in town. majority of people employed in service industry, belonging tertiary sector. town centre of retail provisions trading towns , villages surrounding nagapattinam.

tourism major economic driver presence of heritage , historic points nagore, velankanni, sikkal, kodikkarai, vedaranyam, mannargudi , tharangambadi.

there limited industrial activity — major industries household, tailoring, embroidery, plastic wire , metal manufacturing. cauvery basin refinery, subsidiary of chennai petroleum corporation limited (cpcl) near nagapattinam. established in 1993, major contributor economy of town. development of industries constrained town being linear , applicability of coastal regulation zone (crz) regulations prevent large-scale construction , industrial buildings.

all major nationalised banks such state bank of india, indian bank, central bank of india, punjab national bank, indian overseas bank , private banks icici bank, city union bank have branches in nagapattinam. these banks have automated teller machines located in various parts of town.