Explanation:

The Economy of Deoghar is largely dependent on religious tourism and hospitality. Deoghar is the fifth largest city in the state of Jharkhand, and one of the major industrial hubs. Industry in Deoghar is mainly based on IT, agriculture, hospitality, petroleum, tourism, and in the service sector. Hotels like Amrapali Clarks Inn (a collab of Amrapali Groups & Clarks Inn Group of Hotels), Hotel Imperial Heights, etc. are renowned groups of hospitality industry here. Various small and middle scale industries are present in Deoghar - HIL Ltd, MR Real Food, Shree Guru Agrotech, PDRD Rice Mill, Tulsi Agro Foods. Some large industrial projects are also present:

• Jalsar Solar Park: Established by Jharkhand Renewable Energy Development Agency
• Plastic Park and Plastic Recycling unit
• Central Institute of Plastics Engineering & Technology