Demographic Advantage

With a population of approximately 11.2 Cr, Maharashtra is ranked as the second most populous state. The state boasts a female-male ratio of 929 and an urbanisation rate of approximately 45.2%. With a worker population ratio of 44%, Maharashtra possesses a strong demographic advantage since ~46% of the population is less than 24 years of age, making the state an attractive destination with a young workforce.
 

Healthcare Facilities

Providing comprehensive healthcare services, Maharashtra has 10,740 subcenters, 1,906 primary health centres, 363 community health centres, and 25 hospitals attached to medical colleges as of December 2022.  In addition, under AYUSH, about 27 lakh patients were treated. Furthermore, about 1.8 lakh allopathic doctors have registered in the state over the last five years, as of December 2022.  The reproductive, maternal, newborn, child, and adolescent health programs like Janani Suraksha Yojana, Pradhan Mantri Surakshit Matritva Abhiyan, and Matrutva Anudan Yojana have brought substantive improvements in infant mortality rates to 16, as per Sample Registration System 2020 data.  As for the implementation of the Universal Immunisation Programme, 15 Lakh beneficiaries have been recorded for BCG vaccines, 10.98 Lakh beneficiaries for hepatitis vaccines, and about 14.10 Lakh beneficiaries have been given DPT boosters, among others. Recently, the Kilkari program, a mobile health (m-health) initiative for beneficiaries in local content in Maharashtra, has been launched to strengthen public health infrastructure.
 

Educational Facilities

Having a literacy rate of ~82%, the state of Maharashtra has been making remarkable strides in the field of education. As per AISHE, Maharashtra is among the states with the highest number of colleges, at 4,532, and 71 universities. There are about 1.05 Lakh primary schools with 154.2 Lakh enrolments, and the number of secondary & higher secondary schools was 28,612, with a total enrolment of 66.4 Lakh.
 

Technology & Advancement

Maharashtra is home to top institutes like the Indian Institute of Technology Bombay, the Tata Institute of Social Sciences, Symbiosis, etc., which offer plenty of research and technical courses for students across the country. The state is one of the innovation hubs of India.

Maharashtra Industrial Development Corporation, City and Industrial Development Corporation, and Software Technology Parks of India have developed 37 public IT parks with an investment of about Rs 18,000 crore. Since the inception of IT and ITES policy, up to the end of October 2022, in all, 577 private IT parks have been approved, which are located in Pune (203), Mumbai city & Mumbai suburban (186), Thane (172), Nagpur (5), Nashik (5), Aurangabad (4), Wardha (1), and Raigad (1) districts. The state government has also introduced an electronics policy to primarily develop a competitive ecosystem for electronic manufacturing in the state, including semiconductors.

Infrastructure Details

With an advantageous location, Maharashtra has two major ports and 48 minor ports, making it an important destination for cargo handling. 13 airports are functioning in the state, with five international airports among them, making it well-connected with the rest of the world, both domestically and internationally.

The state boasts 6,242.14 km of railway routes, including the Konkan railway, which accounts for 9.2% of India's total railway route length. The Delhi-Mumbai Industrial Corridor, which spans six states and has an overall length of 1,504 km, is one of the largest corridors under development, providing logistical, warehousing, and industrial opportunities across these states. Maharashtra has India's largest road network linking major industrial cities like Mumbai, Aurangabad, etc.

Sustainability Initiatives

Maharashtra has a potential capacity of renewable energy of 1,61,435 MW, and as of December 2022, the installed capacity was 11,400 MW, making it extremely attractive for renewable energy industries.

In the Magnetic Maharashtra 2.0 event in June 2020, renewable energy, information technology, and steel manufacturing sectors constituted 70% of the total proposed investment, showcasing the state's commitment to resort to sustainable means of energy.

Recently, the Government of Maharashtra has also signed an MoU with NTPC Green Energy Limited to develop green hydrogen projects with a projected investment of over INR 80,000 Cr over the next five years.