Being close to one of the biggest industrial areas including Ankleshwar GIDC, it is at times referred to as the chemical capital of India. The city has chemical plants, textile mills, long staple cotton, dairy products and much more. Gujarat's biggest liquid cargo terminal is situated 50 km to the west of Bharuch, in Dahej. It also houses many multinational companies, such as Videocon, BASF, Reliance, Safari Construction Equipments Pvt. Ltd. and Welspun Maxsteel Ltd. Because of the distinctive colour of its soil (which is also ideal for cotton cultivation), Bharuch is sometimes referred to as 'Kanam Pradesh' (black-soil land). Bharuch is a shopping centre well known for its salty peanuts.