Hingoliहिंगोली
11.8 lakh people. Larger than Fiji, Cyprus, or Bhutan. Governed as one cell of one state.
- Population
- 11,77,345 (11.8 lakh)
- Area
- 4,526 km²
- Headquarters
- Hingoli
₹2,767 cr
of bankable business potential identified by the government in Hingoli.
Source: NABARD PLP 2023-24
Opportunities
What you can build here
Each opportunity card maps to a banker-ready DPR template. Generate a customised DPR with your promoter and capital details — ₹499 per report.
NABARD's plan for Hingoli · PLP 2023-24
₹2,767 crof bankable credit potential identified by the government
Crop production, maintenance & marketing
₹1,600 cr
Micro, Small and Medium Enterprises (MSME)
₹400 cr
Term loans for agriculture & allied activities
₹350 cr
Others
₹100 cr
Hingoli, a farming district in Maharashtra's Marathwada region, has a total credit opportunity of ₹2,767 crore for 2023-24. Farming dominates: agriculture and its allied lines account for ₹2,115 crore (76%) of the plan, while small businesses (MSME) take ₹400 crore (14%) and the rest goes to housing, education, social infrastructure, renewable energy and other lending.
The single biggest opportunity is crop loans at ₹1,600 crore — soyabean, cotton and pulses in the Kharif season, and gram, wheat and jowar in Rabi. Beyond raw farming, three clusters stand out for entrepreneurs. Turmeric processing is taking off, with many small units opening in Basmath, Kalamnuri and Hingoli blocks. Cotton ginning and pressing is the district's main industry, with 38 units already running. And dairy and goat rearing are strong allied trades, backed by ₹70 crore of dairy term-loan potential and 63 livestock cooperatives. Food and agro processing alone carries ₹67 crore of potential.
The plan is candid about what holds the district back. It has the weakest bank-branch coverage in Maharashtra (one branch per 10,324 people), many dormant village credit societies, unreliable power, and farmers stuck selling cheaply to moneylenders and middlemen. NABARD's own fixes are watershed projects, farmer producer organisations (four FPOs forming in Basmath and Kalamnuri) and local processing so growers can add value before they sell.
What the plan promotes
- Crop production is the backbone of the plan at ₹1600 crore (58% of all credit potential); main Kharif crops are soyabean, cotton and pulses, and Rabi crops are gram, wheat and rabi jowar, with cropping intensity at 143%.
- Turmeric processing is an emerging cluster — many small agro-processing units, especially for turmeric, are being set up in Basmath, Kalamnuri and Hingoli blocks.
- Cotton ginning and pressing is the district's main industrial activity, with 38 cotton ginning/spinning/weaving units recorded.
- Dairy and goat rearing are key allied activities — term-loan potential of ₹70.48 crore for dairy and ₹20.34 crore for sheep/goat/piggery, supported by 63 AH cooperative societies.
- Farm mechanisation has the largest term-loan potential at ₹115.63 crore (up 7%), given heavy reliance on draught animals and scope to expand irrigation.
- Four FPOs are being formed and promoted in Basmath and Kalamnuri blocks by two NGOs with NABARD's ₹45.76 lakh PODF-ID grant, expected to benefit 3,000-4,000 small and marginal farmers.
Gaps the plan names
- Poor network of bank branches is the major constraint — per-branch population coverage is 10,324, the highest in Maharashtra, leaving little staff time for investment lending in agriculture.
- A significant number of dormant or non-functioning PACS worsens the credit-access gap in rural areas.
- Inadequate infrastructure, especially unreliable power supply, holds back the rural economy and overall agriculture growth.
- Inadequate farm power and the predominant use of draught animals for field operations constrain productivity and cropping intensity.
- Farmers face poor yields and distress sale of produce to moneylenders and middlemen in local mandis, calling for watershed development, FPO-led collectivisation, and primary processing and marketing of farm produce.
See the plan's recommendations
What the plan promotes
- Crop production is the backbone of the plan at ₹1600 crore (58% of all credit potential); main Kharif crops are soyabean, cotton and pulses, and Rabi crops are gram, wheat and rabi jowar, with cropping intensity at 143%.
- Turmeric processing is an emerging cluster — many small agro-processing units, especially for turmeric, are being set up in Basmath, Kalamnuri and Hingoli blocks.
- Cotton ginning and pressing is the district's main industrial activity, with 38 cotton ginning/spinning/weaving units recorded.
- Dairy and goat rearing are key allied activities — term-loan potential of ₹70.48 crore for dairy and ₹20.34 crore for sheep/goat/piggery, supported by 63 AH cooperative societies.
- Farm mechanisation has the largest term-loan potential at ₹115.63 crore (up 7%), given heavy reliance on draught animals and scope to expand irrigation.
- Four FPOs are being formed and promoted in Basmath and Kalamnuri blocks by two NGOs with NABARD's ₹45.76 lakh PODF-ID grant, expected to benefit 3,000-4,000 small and marginal farmers.
Gaps the plan names
- Poor network of bank branches is the major constraint — per-branch population coverage is 10,324, the highest in Maharashtra, leaving little staff time for investment lending in agriculture.
- A significant number of dormant or non-functioning PACS worsens the credit-access gap in rural areas.
- Inadequate infrastructure, especially unreliable power supply, holds back the rural economy and overall agriculture growth.
- Inadequate farm power and the predominant use of draught animals for field operations constrain productivity and cropping intensity.
- Farmers face poor yields and distress sale of produce to moneylenders and middlemen in local mandis, calling for watershed development, FPO-led collectivisation, and primary processing and marketing of farm produce.
Value-chain gaps
Money this district loses today
Raw output sold cheap, value added elsewhere — each gap below is an opening for a local business.
Resources
What this district has
Tap a category to see the facts and figures underneath. Numbers marked unverified are AI-extracted and need a sourcing pass.
About Hingoli
Hingoli district is an administrative district in the state of Maharashtra in India. The district is headquartered at Hingoli. The district occupies an area of 4,526 km2 and has a population of 11,77,345 of which 15.60% were urban. Hingoli was actually known as the Nizams military base as it was bordered with Vidharbha. In that era military troops, hospitals, veterinary hospital were in operation from Hingoli. Being a military base the city was one of the important and famous places of the Hyderabad state. One of the twelve Jyotirlinga shrines, the Aundha Nagnath is located in Hingoli district about 25 km south-west from district headquarter.
Source: Wikipedia — Hingoli district
Atlas
Rank all districts →Maharashtra
Hingoli
See Hingoli elsewhere
Ask anything about starting up in Hingoli
Get a first answer in minutes.
Want to ask the community something specific?
Sign in to post an ask.
Who's building here
No one has claimed a project here yet. Be the first builder visible to future visitors.
Compare Hingoli with
Spotted a gap, fact, or opportunity we missed?
Submit it to the moderation queue. We review within 72 hours.
Contribute →