Snapshot

Highest FDI inflow during 2000-18

Mumbai, the state's capital is known as the financial capital of India and houses the headquarters of major corporate and financial institutions.

Maharashtra lies on the western coast of India. It is the third largest state in India, occupying approximately 9.4% of the country's total geographical area. The state is well connected to all the major markets with 3 international airports, over 303,000 km of road network and 6,165 km of rail network. The state’s coastline of 720 km and presence of 55 ports facilitate about 22% of the total cargo transport in India. Jawaharlal Nehru Port Trust (JNPT), the largest container port in the country, is connected to 34 Container Freight Stations (CFS) and 46 Inland Container Depots (ICD). The state has a total installed power capacity of over 43,000 MW. 

Maharashtra has a good presence of industrial clusters, especially automobile, IT & ITeS, chemicals, textiles and food processing clusters and offers lucrative investment opportunities in these sectors. The state attracted about 31% of the total FDI inflows in India during 2000-18. It contributed about 15% to the country's GDP in 2016. 

Bollywood

World's largest film industry in terms of viewership - Bollywood is based out of Mumbai

Crude Oil

Largest producer of crude oil (offshore) in India at Bombay High

Sugarcane

2nd largest producer of cotton, sugarcane and banana in India

Tourism

Maharashtra offers a wide range of attractions such as caves, creeks, beaches, mountains, monuments and forts to engage tourists. The state saw the arrival of 116.5 mn domestic and 4.6 mn foreign tourists during 2016.

The state’s Tourism Policy published in 2016 is expected to generate investments of over $4.4 bn, achieve a sector growth of 10% and create one mn additional jobs by 2025.

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Textile and Garments

Maharashtra is a leading producer of cotton, silk and bamboo among other fibres. Textile sector is the 2nd highest employment generator in the state after agriculture.

The state has 14 private and 10 government textile parks being set up with plug and play facilities. Recently launched Textile Policy of the state offer various incentives in the form of upgradation subsidy, interest subsidy and tax exemptions to attract over $ 5.6 bn worth of investments and create 1 mn new jobs by the end of 2023.

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Food Processing

Maharashtra is a leading producer of pulses, sugarcane, banana and cashew nut in India.

The state is the largest producer of grapes in India and gives impetus to grape processing and wine industry by way of a dedicated industrial policy and three wine parks. It has the presence of eight food parks and three floriculture parks developed with world-class facilities. Food Processing sector in Maharashtra attracted over $ 158 mn worth of investments through 173 projects between 1991 and 2012.

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Automobile and Auto-Components

Maharashtra, with a strong presence of established manufacturers and a network of component suppliers and vendors, accounts for about 35% of the country's output of automobiles by value.

The major automobile centres in the state include Pune, Nashik, Aurangabad and Nagpur.

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Electronic System Design and Manufacturing

Maharashtra occupies a significant share of 30.5% of the industrial output of India's ESDM sector.

The state has three electronic manufacturing clusters (EMC) coming up in Pune, Aurangabad and Navi Mumbai with facilities for R&D and testing. Talegaon and Khed in Pune district are well-established ESDM hubs in the state and have a locational advantage of excellent connectivity to two of India's largest ports – Mumbai Port and JNPT.

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Information Technology

Maharashtra accounts for more than 20% of India's software exports.

Pune is among top three cities in India in software exports, while Aurangabad, Nashik and Kolhapur are the emerging cities.

The state government developed 37 IT parks and approved 472 others during 2016-17. It offers incentives under the State's Industrial Policy for various infrastructure investments such as knowledge parks, exemption on filing patents etc.

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Biotechnology and Pharmaceuticals

Maharashtra has one of the highest numbers of pharmaceutical manufacturing units in the country. The state contributes 20% to the country’s total pharmaceutical output.

The state offers well-developed infrastructure in the form of effluent and hazardous waste treatment plants in more than 20 locations. It also has well-developed pharma hubs in cities such as Pune, Nashik, Aurangabad and Mumbai. 

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Gems and Jewellery

Maharashtra is one of the key states in India with gemstone reserves and mining potential.

Santacruz Electronic Export Processing Zone (SEEPZ) on 45 ha and Hupri Silver Zone on 81 ha form key part of jewellery designing hubs in the state. Mumbai is an important diamond cutting and polishing center in India and is home to two dedicated institutes for skill development in the sector.

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45

Urbanisation Rate

Females/ 1000 Males
929

Female/Male Ratio

Male/Female Ratio

Demographics

About 66% of Maharashtra's population is in the working age group of 15-59 years.

Maharashtra, the second most populated state in India, is home to about 9% of the country's total population. The state's total population of 112.4 mn is equivalent to the population of Mexico on 1/6th of their land area.

Upcoming Projects

Upcoming projects:

  • Navi Mumbai International Airport, with an investment of $2.5 bn
  • National Investment and Manufacturing Zone in Nagpur
  • Multimodal International Passenger and Cargo Hub Airport at Nagpur (MIHAN), spread over 4,300 ha of land
  • Mumbai-Nagpur Expressway, known as ‘Maharashtra Samruddhi Mahamarg’, with a length of 700 km and estimated project cost of over $7 bn
  • On-going metro rail projects in Mumbai Metropolitan Region, Navi Mumbai, Nagpur and Pune, with an estimated cost of over $12.6 bn
  • Smart Cities Mission, for which Nashik, Thane, Pune, Pimpri Chinchwad, Solapur, Kalyan-Dombivali, Aurangabad and are cities identified in Maharashtra
  • Delhi Mumbai Industrial Corridor (DMIC), with about 18% of the project influence area in the state
  • Bengaluru Mumbai Industrial Corridor (BMIC), with principle approval from the Government of Maharashtra for development of Sangli or Solapur as a node
  • Open

    Maharashtra Electric Vehicle Policy 2018

    To build Maharashtra as a model state in electric vehicles a…

  • Open

    Maharashtra Electronics Policy 2016

    To promote manufacturing of electronics products by creating…

  • Open

    Maharashtra Industrial Policy 2013-18

    To achieve manufacturing sector share of 25% of Maharashtra'…

  • Open

    Maharashtra IT/ ITeS Policy 2015

    To place Maharashtra amongst the most preferred investment d…

  • Open

    Maharashtra Maritime Development Policy…

    Aims at providing infrastructure support and services to mar…

  • Open

    Maharashtra Package Scheme of Incentives…

    To encourage the dispersal of industries to lesser developed…

  • Open

    Maharashtra Retail Trade Policy 2016

    To create an efficient internal trade opportunity by promoti…

  • Open

    Maharashtra Single Window Policy 2016

    To provide all clearances to the investors at one-stop shop…

  • Open

    Maharashtra Tourism Policy 2016

    To develop tourism infrastructure and to facilitate investme…

Investible Projects

Investment Opportunities in Maharashtra

  • Projects

    552

  • Opportunity

    $33.3 bn

  • Promoters

    150

  • District

    39

  • Private Projects

    51

  • Govt. Projects

    501

open

$4.7 bn

Integrated Steel Project [Gadchiroli]

State (s) Maharashtra
open

$4.7 bn

Development of Palava Industrial Township in Maharashtra

State (s) Maharashtra
open

$2 bn

Kim-Talasari NHDP-VI Road Upgradation Project Phase-1B [Surat-Palghar]

State (s) Maharashtra
open

$1.4 bn

Vadhavan Port Project [Thane]

State (s) Maharashtra

Data on Map

Major Investors