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In the recent years, modern industry has taken off in Dewas in a big way. The growth is industry sector has given jobs to local factories. At the same time, traditional crafts / Handicrafts as Mojri (Shoes), Synthetic Carpets, leather works (begs, belts, ladies purses, shoes, coats, briefcases etc.) remain important in the economy. Agriculture (specially Soyabean, wheat, gram) is also the source of economy. Many high tech industries has been setup for oil extraction from Soyabean. To control the Indian economy, BANK NOTE PRESS, a Central Government Organization for printing of Indian Currency is also situated here.