Last Updated: October 07, 2014
Latest update: November, 2014
Last Updated: November, 2014
MAHARASHTRA State Report | November, 2014
Maharashtra is situated in the western region of the country. The state shares borders with Gujarat, Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Karnataka, Goa and the Union Territory of Dadra and Nagar Haveli. On its west is the Arabian Sea.
The gross state domestic product (GSDP) of Maharashtra at current prices was US$ 252.7 billion in 2012-13 and accounted for 14.6 per cent of India's GDP, the highest among all states.
Total FDI in the state stood at US$ 66.6 billion from April 2000 to February 2014, the highest among all states in India.
Maharashtra's exports totalled US$ 32.0 billion in 2012-13 (April 2012 to August 2012), accounting for 27.0 per cent of total exports from India.
The state's capital, Mumbai, is the commercial capital of India and has evolved into a global financial hub. The city is home to several global banking and financial service firms. Pune, another major city in the state, has emerged as the educational hub.
Maharashtra accounts for approximately 38.0 per cent of the country's automobile output by value. Pune is the largest auto hub of India, with over 4,000 manufacturing units just in the Pimpri-Chinchwad region. The state also has the largest base of local original equipment manufacturers (OEMs).
The state has a well-developed social, physical and industrial infrastructure. Apart from three international and five domestic airports, the state has two major and 53 minor ports. It also has a well-developed power supply grid. Maharashtra's infrastructure sector has grown significantly over the last decade, with a substantial rise in the number of industrial clusters and public-private partnership (PPP) projects.