From  ancient  times  Aurangabad  has  been  a place of great importance  due  to  it’s  location on the  famous  "Silk Route"  that traversed  across  the breadth  of  Asia  to  reach Europe. Textiles, embroidered  finery and various kinds of beads made in near by area of Paithan were exported to the markets of Greece, Rome and Egypt.

       Under royal dynasties such as the Satavahanas, Vakatakas, Chalukyas and Rashtrakutas, Aurangabad developed as a centre of culture and learning. It gave birth to or provided inspiration for great poet – saints and philosophers like Dyaneshwar, Eknath and Ramdas, Wali and Siraj.

       Aurangabad’s strategic position in the Deccan earned it the name of "Khidki" meaning window, serving as it did, as an opening through which North India could look into the Deccan.

       Mohammed-bin-Tughlaq the ‘Mad King’ was so impressed by the topography of the Deogiri mountain that he forsook Delhi and moved his capital down renaming it Daulatabad. Thus Aurangabad enjoys the rare distinction of being the only city apart from Delhi to have served as the capital of India. Finally, Aurangabad became the seat of the last of the great Moghuls as he fought to block the resurgent Maratha power.

                          The Educational and industrial headquarter of Marathwada region, Geographically and geologically blessed with natural resources, has well developed MIDC setups at Chikalthana, Waluj,  Paithan and recently coming up Shendra, Sparking by the establishments of Sckoda, Videocon, Bajaj, Sterlite, Garware, Wipro, Johnson & Johnson, Colgate Palmolive, Wockhard, Nirlep, BCL, Greaves, NRB, and many others in the Engineering industry followed by the Software Technology Park.