The main agricultural productions in Palashpur are paddy, sugarcane, onion, garlic, pineapple, betel leaf, vegetables and sweet potato. People in Palashpur also produce fruits like banana, jackfruit, mango, papaya, palm, guava, lemon, litchi, coconut, and guava and so on. There are fisheries, hatcheries, poultry and dairy farms in Palashpur. Palashpur is also a great resource of different types of Woods. In Palashpur there is a large Wood Mill where various types of boxes, cartoons and hardboards are produced.
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