The city has become industrialised, due to the proximity of bauxite deposits. There are three main industrial areas, Gokulshirgaon ,Shiroli and Kagal Five Star MIDC. These mainly produce such products as aluminium castings, alloys, and bearings. The Shivaji Udyamnagar area is famous for electrical and other metal fabrication workshops. The Textile hub city Ichalkaranji is just 40 Kms. away from Kolhapur.