Major goods traded in Narayanpet were food grains, silk and cotton sarees, gold and silver ornaments, red bricks, black wool and other articles.

Narayanpet was also a Suba (greater administrative district) in Nizam period.

Despite being a major commercial town, development in Narayanpet was largely delayed due to administrative faults, political negligence and lack of interest from the leaders.

Narayanpet trademark cotton and silk sarees, and famous line of jewellery shops sell high purity gold and silver ornaments.

4,997 children are in the age group of 0–6 years, of which 2,642 are boys and 2,355 are girls.