Snapshot

Highest FDI inflow during 2000-19

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

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 4 international and 7 domestic 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. Maharashtra’s Gross State Domestic Product (GSDP) is $387 bn (2017-18).

The state attracted about more than 33.3% of FDI inflow of the country during 2000-18. It has contributed about 15% to the country's GDP in 2017-18

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 Hupari 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.

45.2%

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.

Data on Map

  • Maharashtra Investment
  • Business Opportunities in Maharashtra
  • Upcoming Projects in Maharashtra
  • Investment Opportunities in Maharashtra

Major Investors

Updates from Maharashtra