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Nashik is also known as the "Sugar Bowl of Maharashtra" and has a strong agricultural base. It is one of the largest producers of sugar in India. The city's name derives from Nāshīk (Marathi: नाशीक), which means 'new settlement'. This name was given to it by Khande Rao, son-in-law of Chhatrapati Shivaji Maharaj in 1665 when he became the first Raja (king)of Nashik . The history of Nashik dates back to 3000 years, when it was called Ashapalli. In 1296 CE Shilahara King Ramachandra established his kingdom here with capital at Trimbakeshwar near present day Mumbai; later on he shifted his capital to Maanavarangadu or Manvar under reigns like Rama Kamath and Bhojiraja who were descendants or relatives from Shilahara dynasty family tree..