The City Of Ambernath Has four Industrail Area(4 MIDC'S). Home Of More Than 1,000 Big And Small Companies Like Ceat,Godrej And Mahindra and Mahindra,ASB International etc. (to name few...) Apart from this there are three central government (Min. of Defence) establishments falling under Ordnance Factory Board and DRDO.
And In Near Future Ambernath Expecting Near About 1200 Pharmaceutical Companies To Get Open In Ambernath MIDC..
There are branches of many national banks including State Bank of India, Bank of Maharashtra, Canara Bank, Punjab National Bank, IDBI Bank (previously known as United Western Bank), Union Bank of India, Bank of India, Corporation Bank, Andhra Bank, Bank of Baroda, Central Bank and Dena Bank etc. Major banks HDFC Bank, Axis Bank, ICICI Bank etc. and major co-operative banks like Thane Janta Sahkari Bank, Dombivili Nagarik Sahkari Bank, Rupee co-operative Bank, Ambernath Jai Hind Bank etc. have their branches and also have many ATM centers with VISA / Master and RuPay card access facilities over here.
Earlier this town was known as pensioners town, now has changed to mainly a working population various strata of society i.e. unorganized labor to white collar jobs and establishments like shops, offices and other businesses. Due to better job opportunities, good envoirment, ample water supply, road and rail connectivity and cheaper real estate prices compare to Mumbai City the town is growing fast.
There are four annual fairs held in Ambernath: 1. Mahashivratri Fair held at Old Shiva Temple 2. Gaon Devi Fair held at Gaon Devi Temple at Khunatwali, Ambernath West 3. Gayban Shah Vali's Dargah Uroos at Kohej Gaon in Ambernath West 4. Ordnance Ayyappa Temple Festval in December every year
Apart from this on the occasion of Dashera there is Ramleela at MPF Ground in Ordnance Estate where the effigy of Ravana is torched every Year. During these time lot many people come to Ambernath to visit the Fair and in turn add
