Khokhra had many textile mills such as Asoka Cotsyn, Arvind Limited, etc. While most of the mills have shut down long back, couple of them still operate from khokara. Khokhra has recently turned to be a much better locality as the closed mill compounds have been converted to educational and residential hubs. Khokhra now has a dental college, Engineering college, Commerce and arts college.
Khokhra has recently have seen large number of eateries also opening up in the area which has increased the livability