Bhiwandi city, the headquarters of the taluka of Bhiwandi, comes under the administration of the Bhiwandi-Nizampur City Municipal Corporation. The city is considered a part of the Greater Mumbai metropolitan agglomeration, along with Navi Mumbai and the cities of Kalyan, Thane, Ulhasnagar, Dombivli, Mira-Bhayandar and the Vasai-Virar region. According to the 2011 census, the total population of the Bhiwandi-Nizampur Municipal Corporation area was 1,125,897.
The city of Bhiwandi, known for its textile industry, has the largest number of Power looms in the country and is sometimes dubbed as 'The Manchester of India'. A major portion of the population is employed by the Power loom sector. The Mumbai-Agra highway (NH-3), passing through Bhiwandi ensures the smooth connectivity of the city with Mumbai, Thane, Nashik and the rest of India.Bhiwandi has been developing as an Industrial hub for the textile industry in the past, and all industries and logistics sector in recent times. Bhiwandi is the next development region for MMRDA, which has developed other regions such as Bandra - Kurla Complex, Mumbai Metro & Monorail Project, Eastern freeway and many more. Close proximity to Mumbai, Thane and Development of region by MMRDA, make Bhiwandi an ideal place for businesses to setup shop. Also availability of 24hrs power supply, and availability of workers due to close proximity to Industrial city of Bhiwandi, facilitates setting up of industrial unit. Availability of Transporters having country wide presence in close proximity makes it an ideal location for warehousing.
The economy of Bhiwandi Nizampur is mostly dependent on the power loom industry. The decline of Mumbai’s textile mills spurred the growth of the power loom sector. In order to meet the demand for grey fabric, power loom centers sprang up in various parts of the State. Textile and migrant workers especially from Uttar pradesh (mainly from Azamgarh, Wasadargah (siddarthnagar) and Varanasi) and Bihari migrant labours came in droves to find work at these centers. Bhiwandi Nizampur became the 2nd largest power loom centre in the country after Surat city powerloom. The bloom of cloth oil and looms still attract the workerfrom different states to come and find a suitable jobs. The State government estimates that over 40 lakh people are dependent directly or indirectly on the looms of Bhiwandi Nizampur. The Power loom industry is the main reason for huge number of floating population.Bhiwandi is the "richest city in Thane District". Bhiwandi also has become the "highest paid octroi" with the largest godown present in Asia which is basically owned by local politicians in and around Bhiwandi. Bhiwandi is the `mother godown' for several industries and the nodal up-country booking and transit point for several goods transporters owing to the octroi benefits that can be availed there. The biggest names in the pharma company have their godowns here.