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KNOW INDIA
Maharashtra
Economic Infrastructure
Floriculture
Investment Incentives
Major Areas
Policy Framework
Power

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INDIAN STATE : MAHARASTRA

General information

The state of Maharashtra is located in the north centre of peninsular India with the Arabian Sea through its port at Mumbai and the Sahyadri range being the physical backbone. The state enjoys a tropical monsoon climate with the hot scorching summer from March onwards yields to the rainy monsoon in early June. The name Maharashtra means the 'The Great State' or 'Great Nation'. Maharashtra is the largest state in India, both in terms of area as well as population. Maharashtra spans 308000 sq. km. with a population over 78,937,000 and the state language being Marathi, and Mumbai being the state capital.

Maharashtra has always led the country's industrial development scenario and continues to attract the largest quantum of investments, both domestic and foreign. The State has established strengths in every sector including engineering, electronics hardware, automobiles and auto components, consumer durables, chemicals, petrochemicals, pharmaceuticals, textiles, information technology, and biotechnology. The state offers the finest in Infrastructure, excellent educational facilities, quality trained manpower, a professional work ethic and a conducive business environment.

Fact File

Geographical Area 3.08 (lakh sq. km)
Capital Mumbai
Population (2001 Census) In lakhs 968.79
Net State Domestic Product at Current Prices (2004-05)(As on Feb 2006) 3,28, 451
(Rs Crores)
US$ 71.1972 bn
Per capita NSDP (state Income) at Current Prices for 2004-2005 (As on Feb 2006) Rs 32170
(US$ 697.285)
Percentage of State Population to All India Population 9.42
Literacy Percentage
Male Literacy·
Female Literacy
76.88%
85.97%
67.03%
Principal Language Marathi, English

Source: Economic Survey of Maharashtra (2005-06)

Advantage Maharashtra

  • Maharashtra has led the country's industrial development scenario, in the past and continues to attract the largest quantum of investments, both on the domestic and foreign arena.
  • The State has established strengths in every sector including Engineering, Electronics Hardware, Automobiles and Auto Components, Consumer Durables, Chemicals, Petrochemicals, Pharmaceuticals, Information Technology and Biotechnology.
  • It offers a conducive business environment, excellent infrastructure support, quality trained manpower and professional work ethics.
    Ø The Jawaharlal Nehru Port Trust (JNPT) is the pride of India and is well connected to the markets of Southern, Northern & Western India.
  • Mumbai is considered the financial capital of India.
  • The Mumbai international airport handles the largest traffic (Passenger and Cargo).
  • The state of Maharashtra has surpassed the Tenth Five Year Plan target of 8.0 per cent GSDP growth. The annual average growth of GSDP is expected to be 8.4 per cent during first four years i.e. (2002-2006) of the Tenth Five Year Plan.
  • There has been a continuous and subdued performance of 'Agriculture & Allied Activities' Sector over the last few years, which has reflected positively in the growth of the state's GSDP.
  • Acceleration in the rate of growth of Agriculture can easily take Maharashtra to the growth rate of 10 per cent.
  • The robust Industrial and Service Sectors growth have also been the driving force behind Maharashtra's commendable economic growth rate.
    Ø The largest share of public funds amongst any other States for development of industrial and social infrastructure - a hallmark of State policy.
  • Contributes 22% of India's net value added in organized industrial sector. 40% of India's Internet users are in Maharashtra and the State accounts for around 30% of software exports.
  • 70 percent of India's stock transactions are carried out in Mumbai, the State capital and commercial capital of India.


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