Dharmavaram is also known for its cotton and silk weaving industry. Dharmavaram silk sarees are well known all over the country. Leather puppets are also made in the vicinity. It is famous for silk sarees and
has a great past. Thousands of families depend on the silk industry, for which Dharmavaram attained fame. There are more than a thousand shops in the town, which sell silk sarees. Nearly 30 silk cooperative societies help those enganged in the trade. This silkwear is exported to Germany, France and other countries abroad. Only in Dharmavaram exists a Silk Exchange. Many freedom-fighters also belong to this place.