The city’s proximity to iron, manganese, and limestone deposits, along with the Bhadra hydropower project, have made the site an ideal location for steelmaking and other industrial enterprises. Bhadravati has become a planned modern city with accompanying road and rail services. Auxiliary industries produce charcoal, tar products, cement, paper, bricks, wood alcohol, and sandalwood oil. Pop. (2001) 160,662; (2011) 151,102.