MAHARASHTRA · BANDRA-WORLI SEA LINK, MUMBAI, MAHARASHTRA Table of Content Executive Summary .…………….….…….3 Advantage Maharashtra ………………….5 State Vision

For updated information, please visit www.ibef.org March 2018

MAHARASHTRA

GATEWAY TO INDIA

BANDRA-WORLI SEA LINK, MUMBAI, MAHARASHTRA

Table of Content

Executive Summary .…………….….…….3

Advantage Maharashtra ………………….5

State Vision ………………………………..6

Maharashtra – An Introduction …….…….7

Annual Budget 2018-19 …………...……20

Infrastructure Status ...............................21

Business Opportunities …….………...…39

Doing Business in Maharashtra ………..68

State Acts & Policies …….………........…77

For updated information, please visit www.ibef.org MAHARASHTRA 3

Total FDI in the state during April 2000 to December 2017 stood at US$ 113.82 billion1, the highest among all

states in India.

EXECUTIVE SUMMARY … (1/2)

Maharashtra’s GSDP at current prices was US$ 336.4 billion in 2016-17 and accounted for 14.8 per cent of

India’s GDP, the highest among all states.

Highest contribution to

India’s GDP

Source: Central Statistics Office, Socio Economic Survey of Maharashtra, 2017-18, Department of Industrial Policy & Promotion, Indian Port Association, 1Including Daman & Diu and

Dadra & Nagar Haveli

Highest FDI in 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.

India’s financial and

educational hub

Jawaharlal Nehru Port is the largest port in India in terms of container traffic. During 2017-18 (up to February

2018), the port handled 59.876 million metric tonnes of traffic. Largest Container Port


Maharashtra is the most industrialised state in India and has maintained the leading position in the industrial

sector in the country. The state is a pioneer in small scale industries and boasts of the largest number of

special export promotion zones. The state has 19.3 per cent of overall manufacturing GSDP.

EXECUTIVE SUMMARY … (2/2)

Maharashtra is one of the largest producers of sugarcane and pomegranate in the country. Sugar production

is expected to reach 7.34 million tonnes in 2017-18. During 2016-17, the production of pomegranates was

recorded to be 1.44* million tonnes.

Significant production of

sugarcane and

pomegranate

Source: Ministry of Agriculture, News Articles, Economic Survey 2015-16

Industrial powerhouse

Maharashtra is among the leading producers of cotton in India. The state produced 8.9 million bales of cotton

during 2016-17. Strong cotton production

Source: As per 1st advance Estimates


ADVANTAGE: MAHRASHTRA

Policy incentives

The Government of Maharashtra has several policies

in place to set up the right kind of business climate.

These policies aim to motivate investors to invest into

various sectors in the state, thereby contributing to the

overall development of the economy.

Facilitating infrastructure

The state has a well developed social, physical and

industrial infrastructure. Apart from four international

and seven 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.

Rich pool of skilled labour

Maharashtra has a literacy rate of 82.3% and is home

to world class educational and IT institutions.

The state has a large base of skilled and industrial

labour, making it an ideal destination for knowledge

based and manufacturing sectors.

2016-17

GSDP of the

state was

US$ 336.4

billion

2016-17

Per capita

GSDP was

US$ 2,802

Advantage

Maharashtra

Trade and commerce hub of India

The city of Mumbai is known as the trade and

commerce capital of India. It is also the financial centre

of India.

Maharashtra has emerged as a key hub for IT and

ITeS, electronics and captive business outsourcing

industries.

Source: Government of Maharashtra


STATE VISION

Source: Confederation of Indian Industry

GSDP growth

US$ 50.6 billion allocated to

accelerate economic growth by

implementing specially designed

growth oriented policies.

Skill development

Establishing technical universities

for skill development.

Providing scholarships to pursue

professional courses.

Agriculture

Promoting sustainable development

in agriculture by integrating schemes

of water shed development, use of

technology, enhancing processing

capacity and skill development.

Promotion of agri-business through

PPP for Integrated Agricultural

Development (PPP-IAD) and develop

market linkages of horticulture.

Industrial sector

Focus on growth of the manufacturing

sector.

Creating conducive growth

environment.

Infrastructure Tourism

Promote religious, adventure and

heritage tourism.

Training workers in the organised

and unorganised sectors related to

tourism.

6,026 km of national highway projects.

Developing ports by investing

approximately US$ 2.4 billion.

Vision


MAHARASHTRA FACT FILE

Source: National Portal of India, Economic Survey 2015-16

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.

Mumbai, Pune, Nagpur, Thane, Nasik, Solapur, Kolhapur, Sangli,

Aurangabad, Amravati and Ratnagiri are some of the major cities of

Maharashtra.

India's main stock exchanges, capital market and commodity

exchanges are located in Mumbai.

The most commonly spoken language in the state is Marathi.

Konkani, Hindi and English are the other prominent languages.

Source: Maps of India

Parameters Maharashtra

Capital Mumbai

Geographical area (lakh sq. km) 3.08

Administrative districts (No) 36

Population density (persons per sq. km) 365

Total population (million) 118.1

Male population (million) 61.2

Female population (million) 56.9

Sex ratio (females per 1,000 males) 929

Literacy rate (%) 82.3


MAHARASHTRA IN FIGURES … (1/2)

Parameter Maharashtra All states Source

Economy 2015-16 2015-16

GSDP as a percentage of all states’ GSDP 14.49 100.0 Central Statistics Office

GSDP growth rate (%) 9.9 8.71 Central Statistics Office

Per capita GSDP (US$) 2,545 1,546 Central Statistics Office

Physical Infrastructure

Installed power capacity (MW) 42,356.85 334,146.91 Central Electricity Authority, as of February 2018

Wireless subscribers (No) 130,136,065 1,1,151,936,422 Telecom Regulatory Authority of India, as of

January 2018

Internet subscribers (million) 58.34 445.95 Telecom Regulatory Authority of India, as of

December 2017

National highway length (km) 15,436 115,435 NHAI, Roads and Building Department-Government

of India

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2016

Airports (No) 11 125 Airports Authority of India

Note: Telecom Regulatory Authority Of India , Central Electricity Authority.


MAHARASHTRA IN FIGURES … (2/2)

Note: 1Combined FDI inflows for Maharashtra, Dadra & Nagar Haveli and Daman & Diu, PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration

System

Parameter Maharashtra All states Source

Social Indicators

Literacy rate (%) 82.3 73.0 Census, 2011

Birth rate (per 1,000 population) 15.9 20.4 SRS Bulletin, September 2017

Investment

Cumulative FDI equity inflows (US$ billion)1 113.82 367.93 Department of Industrial Policy & Promotion, April

2000 to December 2017

Industrial Infrastructure

Operational PPP projects (No) 1,144 9,068 DEA , Ministry of Finance, Government of India,

February 2018

Operational SEZs (No) 28 222 Ministry of Commerce & Industry, Department of

Commerce, December 2017


ECONOMIC SNAPSHOT – GSDP

GSDP of Maharashtra at current prices (in US$ billion)

At current prices, GSDP* of Maharashtra was US$ 336.4 billion

in 2016-17.

GSDP of the state grew at a CAGR of around 4.26% from

2011-12 to 2016-17.

Source: Central Statistics Office, “Advanced Estimates” provided by Directorate of Economics and Statistics of Maharashtra

27

3.1

26

8.8

27

3.7

29

5.4

30

3.5

33

6.4

0.0

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

CAGR 4.26%

Per capita GSDP (US$)

2,4

14

2,3

47

2,3

62

2,5

20

2,5

58

2,8

02

2,100.0

2,200.0

2,300.0

2,400.0

2,500.0

2,600.0

2,700.0

2,800.0

2,900.0

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

CAGR 3.03%

The state’s per capita GSDP^ at current price was US$ 2,802

in 2016-17.

The per capita GSDP of Maharashtra grew at a CAGR of

3.03% between 2011-12 and 2016-17.

Note: GSDP - Gross State Domestic Product, CAGR – Compound Annual Growth Rate, GSDP* - Socio Economic Survey of Maharashtra, 2017-18, Per Capita GSDP^ - calculated

using GSDP million US$/ Population in million


ECONOMIC SNAPSHOT – NSDP

NSDP of Maharashtra at current prices (in US$ billion)

Source: Central Statistics Office, Based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Maharashtra

24

0.3

1

23

6.0

9

24

0.3

4

25

7.9

3

26

7.5

3

29

6.1

4

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

CAGR 4.27%

At current prices, NSDP# of Maharashtra was US$ 296.14

billion in 2016-17.

Maharashtra’s NSDP# grew at a CAGR of around 4.27% from

2011-12 to 2016-17.

At current price, the state’s per capita NSDP was US$

2,466.70 in 2016-17.

The per capita NSDP of Maharashtra grew at a CAGR of

3.04% between 2011-12 and 2016-17.

NSDP per capita of Maharashtra at current prices (in US$)

2,1

24

2,0

62

2,0

74

2,2

00

22

.55

24

.67

1,800

1,900

2,000

2,100

2,200

2,300

2,400

2,500

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

CAGR 3.04%

Note: NSDP - Net State Domestic Product, CAGR – Compound Annual Growth Rate, NSDP# - Geometric mean of YoY calculation from 2011-12 to 2016-17 , per capita NSDP& -

calculated using NSDP million US$/Population in million , Socio Economic Survey of Maharashtra, 2017-18.


ECONOMIC SNAPSHOT – PERCENTAGE

DISTRIBUTION OF GSDP

Over 2016-17, the tertiary sector contributed 56.04 per cent to the

state’s GSDP at current prices, followed by the secondary sector

with a contribution of 28.63 per cent.

At a CAGR of 13.6 per cent, the tertiary sector has been the fastest

growing among the three sectors from 2011-12 to 2016-17. Growth

was driven by trade, hotels, real estate, finance, insurance, transport,

communications and other services.

The secondary sector grew at a CAGR of 9.8 per cent between

2011-12 and 2016-17. The growth in secondary sector was driven by

growth in manufacturing, construction and electricity, gas & water

supply industries.

The primaryµ sector expanded at a CAGR of 7.9 per cent between

2011-12 and 2016-17. Agriculture is the major contributor in the

growth of the primary sector followed by forestry and fishing.

The World Bank in January 2017 announced that it will fund the state

Government project named Climate Resistant Agriculture to reclaim

500,000 hectares saline lands, spread in 1,000 villages. The World

Bank will contribute US$ 416.48 million out of the US$594.97 million

for the joint project.

Percentage distribution of GSDP

18.05% 15.33%

30.88%

28.63%

51.07% 56.04%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2011-12 2016-17

Primary Sector Secondary Sector Tertiary Sector

7.9%

13.6%

9.8%

CAGR

Source: Central Statistics Office, Based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Maharashtra, Government of Maharashtra.

Note: Sector-wise % share of GSDPµ -Geometric mean of YoY calculation from 2011-12 to 2016-17


ECONOMIC SNAPSHOT – AGRICULTURAL

PRODUCTION … (1/2)

Sugarcane, cotton, onion, soya bean, banana, jowar (sorghum) &

rice are some of the key agricultural products of Maharashtra.

Total food grain production in the state stood at around 17.23 million

tonnes in 2016-17.

In July 2017, the state government extended the date to disburse an

advance payment of US$ 155.21 to farmers as financial assistance

to the needy farmers till August 31, 2017.

As per the Agriculture Marketing and Farmer Friendly Reforms

Index, the state secured the top position in pursuing farmer friendly

policies during 2016.

Source: Socio Economic Survey of Maharashtra, 2017-18, Indian Horticulture Database

Crop

Annual Production (2017-18)

(‘000 MT) (tentative) Kharif Rabi

Sugarcane 67,863 -

Soya bean 3,886 -

Groundnut 260 -

Sunflower 7 4

Jowar 417 1,510

Rice 2,661 -

Wheat - 1,208

Bajra 616 -

Maize 2,977 473

Cotton (Lint) 6,049 -

Other Oilseeds 1 -

Other Cereals 19 1

Other Pulses 54 43

Total Food grains 8,163 5,117

Total Oilseeds 4,163 24

Total Cereals 6,784 3,193

Total Pulses 1,379 1,924

23

80

.2

26

49

.2

26

51

.2

16

73

.9

17

26

.9

15

22

.3

18

37

8.3

24

26

5.2

24

27

7.0

19

71

9.8

21

66

8.7

20

75

5.4

0.0

5000.0

10000.0

15000.0

20000.0

25000.0

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Area Production

Area (‘000 hectares) and production (‘000 MT) of horticulture

crops in Maharashtra


ECONOMIC SNAPSHOT – AGRICULTURAL

PRODUCTION … (2/2)

An amount of US$ 63.81 million has been allocated to the state for

2017-18, under the National Agricultural Development Scheme

(RKVY).

The state government also proposed establishment of organic

farming research & training centres across four universities related to

agriculture for the endorsement of organic farming in the state.

During 2016-17, the state recorded production of 5,851.30*

thousand MT of onion.

Source: Department of Agriculture & Co-operation, Ministry of Agriculture, Socio Economic Survey of Maharashtra, 2017-18

Vegetable 2013-14 2014-15 2015-16 2016-17#

Onion 5,864 5,361 6,529 5851

Potato 370 370 251 543

Tomato 1,200 1,200 977 977

64

.16

81

.90

86

.73

69

.65

75

.38

91

.53

69

.23

54

.24

67

.86

0.00

20.00

40.00

60.00

80.00

100.00

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Sugarcane production in Maharashtra (million MT)

7.0

9.1

9.0

8.0

7.7

10

.5

7.7

5.0

7.3

0.0

2.0

4.0

6.0

8.0

10.0

12.0

200

9-

10

201

0-

11

201

1-

12

201

2-

13

201

3-

14

201

4-

15

201

5-

16

201

6-

17

201

7-

18F

Sugar production in Maharashtra (million MT)

Vegetable production in Maharashtra (‘000 MT)

2013-14 945

2014-15 1,313

2015-16 1,486

2016-17* 1,437

Production of pomegranates in Maharashtra (‘000 MT)

Note: # As per 1st advance estimates, F – Forecast, * 2nd advance estimates


ECONOMIC SNAPSHOT – FDI INFLOWS &

INVESTMENTS

According to the DIPP, cumulative FDI inflows1 in the state of

Maharashtra during April 2000 to December 2017 stood at US$

113.82 billion.

In 2017, 354 investment intentions worth US$ 7.46 billion have been

proposed in the state, making up 12.29% of all the proposals in India.

FDI equity inflows1, 2008-09 to 2017-18 (US$ million)

12

,43

1

8,2

49

6,097

9,5

53

6,361

3,420

6,361

9,5

11

19

,65

4

11

,54

1

-

5,000

10,000

15,000

20,000

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

Source: Department of Industrial Policy & Promotion, Economic, Maharashtra Socio Economic Survey 2017-18

Industry Approved proposals Commissioned projects

No. Investment (US$ billion) No. Investments (US$ billion)

Metallurgical 1,938 15.77 956 5.80

Chemicals & fertilizers 2,917 10.58 1,426 3.93

Textile 2,073 8.67 974 2.94

Electrical & electronics 1,236 4.55 708 1.43

Sugar 1,584 6.28 258 1.38

Processed food 1,123 4.01 479 1.19

Approved and commissioned industrial projects for major

Industries (August, 1991 to December, 2017)

Note: 1Includes Maharashtra, Dadra & Nagar Haveli and Daman & Diu


ECONOMIC SNAPSHOT – MAHARASHTRA’S EXPORT

TRENDS…(1/2)

In FY18(1), Maharashtra’s exports totalled to around US$ 27.9 billion.

Major products exported from the state are gems & jewellery,

petrochemicals, readymade garments, cotton yarn, metal & metal

products, agro-based products, engineering items, drugs &

pharmaceuticals and plastic & plastic items.

Maharashtra is the largest producer of sugar in India. In May 2015,

the Government of Maharashtra, approved a subsidy of US$ 16.7

per ton (up to the extent of 800,000 tonnes) for the exports of raw

sugar.

In November 2015, Maharashtra sugar mills entered into a deal with

neighbouring markets such as Sri Lanka and Bangladesh, etc., for

exporting 2 lakh MT of white sugar.

Coca Cola, a major soft drink producing giant will be procuring

oranges from Vidarbha, Nagpur for producing juices, that would be

sold worldwide. The production would take place at its Butibori plant

Source: Socio Economic Survey of Maharashtra, 2017-18

49

.15

48

.1

67

.6

84

.0

66

.6 72

.1

73

.9

66

.7

69

.8

27

.9

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8(1

)

Exports trends (US$ billion)

Note: (1) up to November 2017


ECONOMIC SNAPSHOT – MAHARASHTRA’S EXPORT

TRENDS…(2/2)

Source: APEDA,

142

176

284

150 157

78

0

50

100

150

200

250

300

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

Pulses exports from Maharashtra (‘000 MT) Maize exports from Maharashtra (‘000 MT)

Dairy product’s exports from Maharashtra (thousand MT)

4.7

21.8

39.5

11.2 6.0 7.1

0.010.020.030.040.050.0

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

655

768

664

526

103

322

0

100

200

300

400

500

600

700

800

900

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7


STATE BUDGET 2018-19

Source: PRS Maharashtra Budget 2018-19.

Department Expenditure (US$ billion)

School Education 7.96

Urban Development 4.99

Rural Development and Water Conservation 2.57

Home 2.11

Water Resources 1.90

Industries, Energy and Labour 1.83

Tribal Development 1.73

Public Health 1.88

Others 1.83

Note: Exchange rate = Converted using 1USD= Rs 64.74


PHYSICAL INFRASTRUCTURE – ROADS … (1/2)

Source: Socio Economic Survey of Maharashtra, 2017-18, NHAI, News Articles

The state is well connected to its six neighbouring states and other

parts of India through 18 national highways. The 94.5 km long

Mumbai-Pune expressway is India's 1st 6-lane, concrete, high

speed, tolled expressway, which connects the state capital &

financial hub, Mumbai, with the neighbouring industrial hub, Pune.

In December 2015, the state government approved an elevated road

project on Ghodbunder Road from Gaimukh for a proposed

investment of US$ 132.7 million. As of December 2017, construction

of the road is being fast-tracked with the Thane civic body working

overtime to get the basics in place.

The state government plans to construct a new proposed 8-lane

highway, between Mumbai & Nagpur, in which concept of land

pooling will come into play. The project is worth US$ 6.84 billion and

would be requiring 10,000 hectares of land.

In June 2017, the state government approved numerous projects for

boosting the development in cities like Mumbai, Thane and Pune.

Projects approved include Versova-Bandra Sea Link worth US$

1.12 billion, Thane creek bridge-3 worth US$ 115.36 million,

widening of the Mumbai-Pune Expressway to 8 lanes from the

existing 6 lanes between Lonavala & Khalapur worth US$ 713.61

million and many more.

Moreover, The Maharashtra State Road Development Corporation

(MSRDC), plans to construct a 1.8 km six-lane third bridge at Vashi

with a budget of Rs 777 crore (US$ 120 million).

Sanctioned length under Central Road Fund in Maharashtra

(kms)

25

7

97

7.8

7

12

34

1

10

100

1000

10000

201

4-1

5

201

5-1

6

201

6-1

7

Road type Road length (km)

(as of 2016-17)

National highways 12,275

State highways 34,450

Major district roads 52,637

Other district roads 58,116

Village roads 145,881


PHYSICAL INFRASTRUCTURE – ROADS … (2/2)

Habitations connected 1282

Length completed (km) 25,672.87

Pradhan Mantri Gram Sadak Yojana (PMGSY) (up to January

2018)

Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in

2000 with the objective of connecting eligible rural habitants. For the

year 2017-18, PMGSY has set target to connect 8,808 habitations by

constructing a road length of 27,207 km. A length of 25,665 km has

been constructed by connecting 8,584 habitations by November,

2017.

In November 2015, the 785-meter long Vanjarpatti flyover in

Bhiwandi was inaugurated and constructed over a part of extended

Mumbai Urban Infrastructure Project (MUIP)

As per budget 2017-18, the state government proposed an outlay of

US$ 15.38 million for acquisition of land, special subsidy package,

etc. under the MIHAN project.

In October 2017, the state government approved construction of

10,000 km under a revamped Hybird Annuity Model. Under the

tweaked model the state government will release 60 per cent of the

funds in the first two years instead of the earlier 40 per cent, and the

payment tenure for the rest amount will be 15 years instead of 10

years.

Expenditure on road works under Pradhan Mantri Gram Sadak

Yojana in Maharashtra (US$ million)

63

.6

3.9

10

.5

5.7

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

201

4-1

5

201

5-1

6

201

6-1

7

201

7-

18*

Source: Socio Economic Survey of Maharashtra, 2017-18

Note: * - As of October 2017.


PHYSICAL INFRASTRUCTURE – RAILWAYS

The rail transport system of Maharashtra is very well developed. The

state is well-connected to other parts of the country with a railway

network spanning 6,103 km (including 378 km of Konkan Railway).

Central Railways has introduced special superfast weekly trains to

Shirdi from Lokmanya Tilak Terminus and Dadar stations.

During 2015-16, the state government initiated work on the stage of

Phase-I CBD Belapur-Pendhar-Taloja MIDC-Kalamboli-

Khandeshwar-Navi Mumbai International Airport corridor, which is

expected to be accomplished by 2017. Work on the 11.1 km long

Belapur-Pendhar road is under progress.

As per budget 2017-18, the state government allocated US$ 109.2

million for boosting the execution of Nagpur to Pune metro rail

project and for the further development of Mumbai Metro line.

A total of US$ 1.61 billion was raised for the Mumbai Urban

Transport Project III (MUTP III) which includes development of an

elevated link between Airoli and Kalwa, helping passengers to avoid

interchanging at Thane.

The government has passed resolution to form Maharashtra Railway

Infrastructure Development Company Ltd (MRIDC), being a joint

partnership between state government & Railway Ministry.

Under Union Budget 2018, Central Ministry allocated Rs 11,000

crore (US$ 1.7 billion) to enhance Mumbai city’s train system and

construct more 90 km of double line rail in Mumbai suburban.

CIDCO is constructing the first phase of elevated Metro Rail from

CBD Belapur-Pendhar, total length of 11.10 km, with overall

estimated cost of Rs 3,063.63 crore (US $ 473 million).

Source: Socio Economic Survey of Maharashtra, 2017-18, State Budget 2016-17,

MMRDA: Mumbai Metropolitan Region Development Authority, News Articles.

Mumbai Metro Rail Project

Project

cost (US$

million)

Current status

/implementation

period

Phase IIA : Dahisar-D.N.

Nagar (18.6 km) 979.22

32 per cent

completed

Phase III: Colaba-Bandra-

SEEPZ (33.5 km) 3,534.37

Civil works in

progress

Phase IV: Wadala-Ghatkopar-

Thane-Kasarwadavli (32 km) 2,917.81

Tender process in

progress

Phase VII: Andheri (E)-

Dahisar (E) (16.5 km) 948.37

40 per cent civil works

completed

Nagpur & Pune Metro Rail Project

Nagpur metro : North-South

corridor, East-West corridor 1,341

Construction

underway

Pune metro: Chichwad to

Swargate, Vanaz to Ramwadi 1,764

Construction

underway

Mumbai Mono Rail Project

Wadala to Chembur & Sant

Gadge Maharaj Chowk

(Jacob circle) to Wadala (20

km)

375.80

Phase I: complete,

Phase II: To

commence in January

2018

The government in February 2017, has sanctioned construction of 7

new railway lines & several other projects, including Chhatrapati

Shivaji Terminus-Panvel fast elevated corridor, worth US$4.64

billion.

Metro/mono rail projects


PHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)

There are seven domestic and four international airports functioning

in Maharashtra. Domestic flights operate from Mumbai, Pune,

Nagpur, Aurangabad, Kolhapur, Juhu and Nanded, whereas

international flights operate from Mumbai, Nagpur, Pune and

Aurangabad. Mumbai airport is one of the busiest airports in India.

During 2015-16, the state government proposed to establish an

additional airport through PPP, in around four phases at Navi

Mumbai with a view to minimize overcrowding at Mumbai

International Airport. The first phase of the project is expected to be

executed by 2019.

As per budget 2017-18, the state government proposed an amount of

US$ 7.6 million for the enhancement of airports (Solapur, Shirdi,

Chandrapur, Karhad, Akola, Amaravati, etc) under the Airport

Development Authority of Maharashtra.

In May 2017, the Mumbai airport received environmental clearance

for US$ 520.6 million expansion plan, which will allow it to ferry 50

million passengers by 2020.

Source: AAI (Airports Authority of India)

International airport

Domestic airport


PHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)

Domestic

airport Passengers (‘000 thousand) Aircraft movement (‘000) Freight (‘000 MT)

2014-15 2015-16 2016-17 2014-15 2015-16 2016-17 2014-15 2015-16 2016-17

Mumbai 252.1 300.5 327.1 195.4 220.2 224 207.7 209.0 234.9

Pune 40.7 51.8 65.1 32.6 38.7 44.6 27.4 31.8 34.6

Nagpur 13.6 15.2 17.8 13.5 12.6 14.6 5.6 6.0 6.7

Aurangabad 4.2 2.9 3.2 4.1 3.7 3.8 1.3 1.4 1.43

International

airport Passengers (l’000 thousand) Aircraft movement (‘000) Freight (‘000 MT)

2014-15 2015-16 2016-17 2014-15 2015-16 2016-17 2014-15 2015-16 2016-17

Mumbai 114.30 116.24 124.4 74.09 76.38 80.56 486.54 496.24 547.37

Pune 1.01 2.40 2.56 1.12 2.04 2.12 - 0.01 -

Nagpur 0.44 0.74 1.09 0.54 0.84 1.4 0.44 0.43 0.41

Source: AAI (Airports Authority of India)


PHYSICAL INFRASTRUCTURE – PORTS

Along a coast line of 720 km, there are two principal ports: Mumbai Port

Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT). In addition, there

are 53 minor ports. During April-November 2017, total traffic handled at

the two major ports in Maharashtra was recorded at 85.59 million tonnes,

of which JNPT accounted for 43.26 million tonnes while, Mumbai port

handled around 42.33 million tonnes of port traffic.

The non-major ports of Maharashtra collectively handled passenger traffic

of around 8.2 million passengers and cargo of 15.5 million tonnes, during

2016-17 (up to September 2017).

Steps have been taken by the Government of Maharashtra for

development of Rewas port, Vijaydurg port, Redi port, Vadhavan port,

Trombay port and Karanja port through private sector participation. 13

port projects have been sanctioned under Sagarmala for Maharashtra.

For major

ports 2013-14 2014-15 2015-16 2016-17

Traffic

handled

(million MT)

121.517 125.46 125.137 125.2

For minor

ports 2014-15 2015-16 2016-17 2017-18*

Traffic handled

(million MT) 27.3 28.9 34.8 22.8

Operational ports statistics

Manori

Kalyan

Thane

Versova

Bandra

Trombay

Ulwa-Belapur

Panvel

Mora

Mandwa

Karaja

Thal

Rewas

Bankot

Kelshi

Sriwardhan

Dharamtar

Kumbharu

Harnai

Dabhol

Palshet

Borya

Jaigad

Tiwri-Varoda

Purnagad

Jaitapur

Vijaydurg

Deogad

Achara

Malvan

Niwti

Vengurla

Redi

Kiranpani

Ratnagiri

Dighi

Dahanu

Tarapur

Nawapur

Satpati

Kelwa-Mahim

Arnala

Datiware

Uttan

Bassein

Bhiwandi

Alibag

Revdanda

Borli / Mandla

Nandgaon

Murud-Janjira

Rajpuri

Mandad

Minor ports in Maharashtra

Source: India Ports Association, Socio Economic Survey of Maharashtra, 2017-18

Note: * : up to November 2017.


PHYSICAL INFRASTRUCTURE – POWER

As of February 2018, the state had a total installed power generation

capacity of 42,356.85 MW.

Thermal power contributed 30,358.16 MW to the total installed power

generation capacity, followed by renewable power, hydropower and

nuclear power with contributions of 7,976.85 MW, 3,331.84 MW and

690 MW, respectively.

The private sector was the biggest contributor to the total installed

thermal power generation capacity in Maharashtra with a capacity of

13,024.00 MW, followed by 10,842.00 MW under state utilities and

6,492.16 MW under central utilities.

The state government also proposed a new scheme for improving

electricity distribution system in the state. As per the budget 2016-17,

an investment of US$ 45.98 million has been projected by the

government for this new scheme.

In May 2017, the state government unveiled a new energy

conservation policy with the aim to save 1,000 MW of electricity and

US$ 933 million. The emphasis of the policy is on use of renewable

energy and switching to energy efficient methods. Also, it is expected

to generate employment for 8,500 people.

Note: *As of February 2018

Installed power capacity (MW)

Source: Central Electricity Authority

22

,64

5.0

0

26

,14

2 30

,35

4

34

,00

5 38

,55

1

40

,58

9

41

,41

0

42

,35

7

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*


PHYSICAL INFRASTRUCTURE – TELECOM

According to Telecom Regulatory Authority of India (TRAI),

Maharashtra had 130.14 million wireless subscribers and 4.77

million wireline subscribers, as of January 2018.

By the end of January 2018, 43,516,077 subscribers had submitted

requests for mobile number portability in Maharashtra. Moreover, the

tele-density in Maharashtra stood at 108.03 per cent as of January

2018.

Source: Telecom Regulatory Authority of India, February 2015, India Post, Ministry of

Communications and Information Technology, *As of September 2017, 1 Figure includes

Goa

Wireless subscribers1

130,136,065

Wireline subscribers1

4,766,039

Internet subscribers* (million)

58.34

Post offices 12,8592

Tele density (in %) 108.03

No. of GPs in Phase-I 12,055

Pipe laid (km) 14,214

Cable laid (km) 29,042(1)

GPs for which cable laid 12,983(1)

No. of GPs Lit 150

Telecom Infrastructure (As of January 2018)

Performance status of NOFN project (as of April 2016)

Bharat Sanchar Nigam Limited

(BSNL)

Mahanagar Telephone Nigam

Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Major telecom operators in Maharashtra

Source: Telecom Regulatory Authority of India (1) Note: As of December 2017


DEVELOPMENT PROJECTS: URBAN & SOCIAL

INFRASTRUCTURE … (1/2)

Under JNNURM, 2 schemes, namely, Basic Services to Urban Poor (BSUP) & Integrated Housing & Slum Development Programme (IHSDP)

have been implemented by Maharashtra Housing & Area Development Authority.

During 2017-18, the state government allocated US$ 169.2 million for “Maharashtra Suvarn Jayanti Nagrothan Mahaabhiyan”, which is being

implemented in the state for creating basic urban amenities across various municipal councils & townships.

In November 2015, Mahindra Life Space Developers Ltd bought a land in Maharashtra with the objective of developing a housing project aiding

urbanisation in the state. In addition, the Maharashtra government is considering to aid the affordable housing concept with opening up of land

parcels & plots that would lie under no development zones. For this, the government is planning to constitute Housing for all by 2022 policy for the

urban population.

As per Budget 2017-18, the state government has proposed an outlay of US$ 109.2 million in order to boost the development of metro rail projects

in Nagpur, Pune and Mumbai. In Budget 2016-17, for Maharashtra Fire Safety Mission in the state, an amount of US$ 4.58 million has been

proposed by the state government.

Under the Accelerated Irrigation Benefit Program (AIBP), the Centre released the 2nd & the biggest instalment of US$ 111.01 million to the

Maharashtra government, to speed up construction of 26 dams. The state is set to receive a total of US$ 51.94 million as a part of the AIBP, until

2020.

In March 2017, under the Prime Minister’s Irrigation Scheme, the government has allocated US$ 1.22 billion for the farmers, to start numerous

irrigation projects while representing the Budget 2017. Out of the total amount, a partial amount of US$ 418.27 million has been allocated for water

resources.

Mother Dairy plans to revamp an old plant in Nagpur & set up a new plant in Bhiwandi with an investment of around US$ 22.31 million, in

Maharashtra.

In April 2017, the state government has decided to support small and marginal farmers by investing US$ 3.78 billion in agriculture and irrigation

schemes. All projects undertaken in the allocated budget would be completed in 2017-18, and the irrigation potential generated would be for1.4

million hectares of land.

Source: Department of Environment, Government of Maharashtra, JNNURM, Ministry of Urban Development


DEVELOPMENT PROJECTS: URBAN & SOCIAL

INFRASTRUCTURE … (2/2)

Source: Department of Environment, Government of Maharashtra, JNNURM, Ministry of Urban Development

Project name Amount (US$ million) Project name Amount (US$ million)

Revised in BSUP scheme for construction

of 219 Dus in Panch Zopda and Gopal

Nagar slums in Nagpur, Maharashtra 1.76

Integrated Civic Infrastructure

Development Project (ICIDP) Phase. I,

Nagpur, Maharashtra 20.04

BSUP scheme for construction of 279 Dus

in Jat Tarodi slum in Nagpur,. Maharashtra 2.06

Revised DPR for "Construction of 1,694

Houses at four locations of Nagpur City

for Rehabilitation of Urban/Poor under

JNNURM - BSUP- PPP scheme -

Nagpur".

19.36

Revised BSUP scheme for construction of

456 Dus in 5 slums of North Nagpur in

Nagpur, Maharashtra. 2.53

Implementation of Integrated Housing

Projects (788 Dus) under BSUP at

Nanded City. Dist. Nanded,

Maharashtra.

5.38


365 Dus in Gopal Nagar and Bh. Anand

Kausalyayan Nagar slums in Nagpur

Maharashtra

4.45


projects (958 Dus) under BSUP at

Nanded City. Distt. Nanded,

Maharashtra

6.97


630 Dus in Savitribai Phule Nagar slum in

Nagpur, Maharashtra 6.21


Projects (1183 Dus) under BSUP at

Nanded city. Dist. Nanded, Maharashtra 8.87


1017 Dus in Indira Nagar, Indiramata

Nagar, Wanjara and Bokar nagar (4 slums)

slums in Nagpur, Maharashtra

9.44


projects (1567 Dus) under BSUP at

Nanded City. Distt. Nanded,

Maharashtra

11.84

Urban Infrastructure Projects under JNNURM


DEVELOPMENT PROJECTS: KEY PUBLIC-PRIVATE

PARTNERSHIP (PPP) PROJECTS

Source: DEA, Ministry of Finance, Government of India, BOT: Build-Operate-Transfer, DBOOT: Design-Build-Own-Operate-Transfer, O&M: Management Contract

Project name PPP type Sector Stage Project cost

(US$ million)

4 laning Pune - Shirur Road (BOT) Transport Completed 16.04

Hydro Electric Power (Waghur) Project (BOT) Energy Under construction 1.10

Hydel Power (Vajra - III) Project (BOT) Energy Operation and

maintenance stage 1.10

Hydro Electric Power (Urmodi) Project (BOT) Energy Operation and


Hydro Electric Power (Upper Vaitarna) Project (BOT) Energy Under construction 2.20

School Building (Solapur) Project (DBOOT) Social and commercial

infrastructure Under construction 0.97

Hydro Electric Power (Temghar) Project (BOT) Energy Under construction 2.93

Hydro Electric Power (Parseoni) Project - Package 2 (BOT) Energy Operation and


Hydro Electric Power (Nisare) Project (BOT) Energy Under construction 1.68


DEVELOPMENT PROJECTS: SEZs … (1/3)

Source: Ministry of Commerce & Industry, Department of Commerce, SEZ: Special Economic Zone , Socio Economic Survey of Maharashtra, 2017-18

Navi Mumbai Special Economic Zone (NMSEZ) is the agency

responsible for the supervision and execution of SEZs in the state.

As of December 2017, the state had 28 exporting SEZs across

diversified sectors including textiles and apparel, food processing,

footwear and leather products, multi-product, pharma, IT SEZs, etc.

In October 2017, the state government adopted a SEZs policy in

which all 28 SEZs with total investment of Rs 35,024 crore (US$ 5.41

billion) were planned on an area of 4,087 ha to generate employment

of about 52.5 million.

In 2017, around 12 Bio-technology – SEZs have been proposed

under public sector with an investment of Rs 4,733 crore (US$ 731

million). This project is expected to generate employment

opportunities of about 0.165 million.

Name/Developer Location Primary Industry

Maharashtra Airport

Development Company Ltd.

(MIHAN SEZ)

Mihan,Nagpur Multi product

SEEPZ Special Economic

Zone Mumbai

Electronics and gems

and jewellery

Maharashtra Industrial

Development Corporation Aurangabad Engineering

Wipro Ltd. Maharashtra Computer/electronic

software


Development Corporation Pune

Computer/electronic

software


Development Corporation Nanded

Chemicals &

pharmaceuticals

Khed Economic Infrastructure

Pvt. Ltd. Pune

Engineering &

electronics


Development Corporation Satara Engineering

Some of the operational SEZs in Maharashtra



Source: Ministry of Commerce & Industry, Department of Commerce, SEZ: Special Economic Zone

In addition to operational SEZs, as of December 2017, Maharashtra

had 11 SEZs with valid in-principle approvals, 57 SEZs with formal

approvals and 49 SEZs with notified approvals. Name/Developer Location Primary Industry


Development Corporation Limited

MIDC

Pune IT/ITeS

Syntel International Private

Limited Pune IT/ITeS

Serum Bio-pharma Park Pune Pharmaceuticals &

biotechnology


Development Corporation Latur Agro-processing


Development Corporation Nanded Pharmaceuticals


Development Corporation

Auranga

bad

Engineering &

electronics

Wokhardt Infrastructure

Development Limited

Auranga

bad Pharmaceutical

Hiranandani Builders Mumbai IT/ITeS

New Found Properties and

Leasing Pvt. Ltd. Thane IT/ITeS

EON Kharadi Infrastructure

Private Limited Pune IT/ITeS

Some of the SEZs with formal approvals



Name/Developer Location Primary Industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded, Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District, Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad, Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur, Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur, Maharashtra Power

Gitanjali Gems Limited Nashik, Maharashtra Multi-services

Redi Port Ltd. Post Redi, district Sindhudurg, Maharashtra FTWZ

North Mumbai International Commodity Township Pvt. Ltd. Thane, Maharashtra FTWZ

Wardha Sakhar Karkhana Ltd. Wardha, Maharashtra Biotechnology

Worldwide Oilfield Machine Pvt Ltd Pune, Maharashtra Engineering

Some of the SEZs with valid in-principal approvals

Source: Source: Ministry of Commerce & Industry, Department of Commerce, SEZ: Special Economic Zone


SOCIAL INFRASTRUCTURE – EDUCATION

During 2017-18, Maharashtra’s education infrastructure comprised of

22 universities, 106,527 primary schools, 26,879 secondary & higher

secondary schools.

Primary schools had 15,909 thousand students enrolled during the

year, of which 7,450 thousand were girls, with 542 thousand

teachers. Secondary schools in the state had 6,648 thousand

enrolled students, of which 3,042 thousand were girls, with 218

thousand teachers. Government of Maharashtra is focusing on

education of girls in the state. Various schemes such as Kasturba

Gandhi Balika Vidyalaya, Ahilyabai Holkar Scheme & Attendance

Allowance Scheme have been introduced for promoting girl

education in the state.

As per budget 2016-17, the state government allocated an amount of

US$ 20.99 million for the “National Secondary Education Mission”

which was initiated by the central government, in association with the

state government, and aims at delivering quality education to all

students undergoing secondary education. Further, the state

government also decided to digitise all public libraries approved by

the government, with an allocated amount of US$ 2.62 million during

2016-17.

In addition, an outlay of US$ 113.04 million for Sarv Shiksha Abhiyan

has been proposed by the central & state governments, collectively.

As of February 2017, a total of 18,225 schools had completed their

self assessments, which is the 1st stage of the new accreditation

system Shaala Siddhi 2016, adopted by all states in India.

Source: Socio Economic Survey of Maharashtra, 2017-18, State Budget 2016-17, Census 2011, * : Provisional

Institution No. of

Institutions

Student

Enrollment

Primary schools* 106,527 15,909

Secondary and higher

secondary schools* 26,879 6,648

Engineering colleges

(diploma, graduate and

post-graduate) 1,025 151,651

Industrial training institutes

(ITIs) 881 118,595

Architecture colleges

(Graduate, Post-Graduate) 97 4,857

Arts, science, commerce &

law colleges (Graduate,

Post-Graduate)

2,341 821,931

Pharmacy (diploma,

graduate and post-graduate,

Pharma D)

576 32,572

Education infrastructure (2017-18)

Overall 82.3

Male 88.4 Urban 88.7

Female 69.9 Rural 77

Literacy rate (%) in Maharashtra, 2015-16


SOCIAL INFRASTRUCTURE – HEALTH

As per budget 2017-18, an outlay of US$ 1.27 billion has been

proposed by the state government for Public Health Department.

Moreover, for increasing the coverage of insurance being provided to

beneficiaries in the state, the state government proposed an

allocation of US$ 45.82 million during 2016-17.

In 2018, Government of India has proposed Rs. 964 crore (US$ 149

million) to increase availability of good health services in urban and

rural areas of Maharashtra by implementing National Health Mission.

Source: Ministry of Health and Family Welfare, Government of India, Socio Economic Survey of Maharashtra, 2017-18, (1) As on 31st December, 2017

Sub-Centres 10,580

Primary Health Centres 1,814

Rural Hospitals (CHC) 360

Primary Health Units 193

Mobile Medical Units 40

Sub-district Hospitals

a) 50 beds 58

b)100 beds 28

District Hospitals 23

Hospitals having Medical Colleges 16

General Hospitals (Malegaon, Khamgaon &

Ulhasnagar 200 beds each, Malad-Malwani

60 beds) 4

Women Hospitals 13

Mental Hospitals 4

Leprosy Hospitals 4

TB Hospitals 4

Health infrastructure (2017-18)(1)

Doctor to patient ratio 1: 27,790(1)

Registered doctors 148,575(1)

Birth rate (per thousand persons) 15.9

Death rate (per thousand persons) 5.9

Infant mortality rate (per thousand live

births) 19

Health indicators of Maharashtra (As of September 2017)

Male (2016-20) 69.9

Female (2016-20) 73.7

Life expectancy at birth (years) (2015-16)


CULTURAL INFRASTRUCTURE

Cricket is the prominent sport in Maharashtra. Other popular sports are hockey & tennis.

The state has a number of sports stadiums located in Mumbai, Pune & Nagpur. The most well-known ones are the Wankhede Stadium & the

Brabourne Stadium in Mumbai, the Nehru Stadium in Pune & the Vidarbha Cricket Association (VCA) Stadium in Nagpur.

The state has a number of entertainment centres & multiplexes. The most famous entertainment centres include Essel World in Thane. The state

is also home to almost all major multiplex chains in the country, including PVR Cinemas, Big Cinemas & Fun Cinemas. The state has a number of

religious places, including the Siddhi Vinayak temple (Mumbai), Shirdi, Nasik & Sach Khand Shri Huzur Gurdwara (Nanded).

The Gateway of India, Ajanta Ellora caves, Daulatabad Fort & Khandala are the main tourist destinations in the state. The Sahara Stadium in

Pune has been built with modern outlook & state-of-the-art facilities; the stadium has a seating capacity of 36,000.

In 2016, the state government formulated a new policy- "Maharashtra Tourism Policy 2016" & allocated US$ 43.53 million for the policy in order to

intensify basic amenities across various tourist spots in the state.

Under the New Sports Policy 2012, the Government of Maharashtra plans to set up public gyms at district sports complexes or municipal gardens.

In November 2016, the state played host to Global Citizen Festival India, one of the biggest musical events in the country.

Source: Maharashtra Tourism, Government of Maharashtra


AMRUT AND SMART CITIES

On the basis of population and the number of statutory towns, the

Government of India shortlisted 9 cities, namely, Amravati,

Aurangabad, Greater Mumbai, Kalyan-Dombivali, Nagpur, Nashik,

Navi Mumbai, Pune, Solapur & Thane under the Smart City project.

In November 2015, the UK government selected 2 cities of

Maharashtra, that is, Pune & Amravati to develop as smart cities.

The agreement is expected to boost the Indo-UK trade.

As per budget 2016-17, the state government launched a scheme for

smart city for delivering eco-friendly & ecological urban life to the

state’s citizens. Among the first selected 20 states, Pune & Solapur

are also included. Moreover, the state government has also decided

to develop other 8 smart cities in the state as well. In Budget 2017-

18, the state and central allocated a sum of US$ 246.1 million

towards this programme.

Cities Population Area (sq. km) Literacy rate

Pune 9,429,408 15,643 86.15%

Nagpur 4,653,570 9,892 88.39%

Nashik 6,107,187 15,530 82.31%

Aurangabad 3,701,282 10,107 79.02%

Solapur 951,118 148.9 82.80%

Thane 1,818,872 147.00 89.41%

Pimpri-Chinchwad 1,727,692 171.51 89.22%

Smart cities selected in Maharashtra

Pune

Nashik

Aurangabad

Nagpur

Mumbai

Bhiwandi

In Budget 2018-19, the Government of India has proposed Rs 1,316

crore (US$ 203 million) for the year 2018-19 to develop eight smart

cities selected under the Smart City Mission.


KEY INDUSTRIES

The resources, policy incentives, infrastructure and climate support

investments in the state. Maharashtra Agro Industries Development

Corporation, founded in 1965, is responsible for development of

agro-based units in the state. MIDC is responsible for the

development of industrial infrastructure. Maharashtra Small Scale

Industries Development Corporation was formed in 1962 to provide

new orientation and strength to the development of small-scale

industries in the state. Its main objective is to aid, counsel, assist,

finance, protect and promote interests of small industries.

The Government of Maharashtra is promoting the development of

several Special Economic Zones (SEZs) across Maharashtra for

sectors such as IT/ITeS, pharmaceuticals, biotechnology, textile,

automotive & auto components, gems & jewellery and food

processing. As of December 2017, the state has 28 exporting SEZs,

of which the majority share is contributed by IT/ITeS, engineering

and electronics segment.

Government of Maharashtra has decided to convert Navi Mumbai’s

2,140 hectares of SEZs land into integrated industrial area.

Year MSME

units

Investment

(US$ million)

Employment

(lakh)

2007-08 10,244 348.46 1.39

2008-09 11,682 503.36 1.71

2009-10 11,896 462.57 1.50

2010-11 14,496 849.83 1.87

2011-12 15,606 678.74 2.07

2012-13 16,136 833.33 2.06

2013-14 19,814 971.28 2.48

2014-15 36,992 1,096.85 3.50

2015-16 (1)

20,220 624.81 1.66

Source: Economic Survey 2015-16, MAIDC - Maharashtra Agro Industries Development Corporation, (1)Up to September 2015, News Articles

Key Industries in Maharashtra

Pharmaceuticals

Biotechnology

IT and ITeS

Electronics

Engineering

Auto & auto components

Oil & gas

Food & agro processing

Gems and jewellery

Banking, financial services and

insurance (BFSI)

Textiles

Establishment of MSME units


FINANCIAL SECTOR … (1/7)

At current prices, the contribution of the banking and insurance

sector to the GSDP of the state increased at a CAGR of 10.54%

between 2005-06 and 2015-16.

At constant prices, the contribution of banking and insurance sector

in the GSDP of the state increased at a CAGR of 4.57% between

2008-09 and 2014-15.

Aggregate deposits and credit of scheduled commercial banks in

Maharashtra stood at US$ 334.2 billion and US$ 355.20 billion

respectively, in 2017-18.

Source: Reserve Bank of India, Socio Economic Survey of Maharashtra, 2017-18

Bank group

No. of

banking

offices

Deposits

(US$ million)

Credit (US$

million)

Rural

5,822 9,823 7,220

Semi-urban 19,790 12,036

Urban/Metropolitan 6,369 304,593 335,947

Total 12,191 334,207 355,202

Deposits and credit of scheduled commercial banks in

Maharashtra by bank group

Gross State Value Added by Financial Services at current

prices (US$ billion)

18

.29

20

.04

23

.24

25

.41

27

.27

27

.69

0.00

5.00

10.00

15.00

20.00

25.00

30.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

Banking and insurance contribution to GSDP at constant prices

(in US$ billion)

19

.21

20

.09

23

.76

25

.71

23

.12

22

.97

25

.12

-

5.00

10.00

15.00

20.00

25.00

30.00

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

(1)Note: As of March 2017,

Exchange rate = USD1 – Rs 64.74



Source: Reserve Bank of India

ATMs deployed in Maharashtra, June 2017

25

,83

5

14,260

9,424

1,729 249

-

5,000

10,000

15,000

20,000

25,000

30,000

To

tal

Pu

blic

Se

cto

r B

an

ks

Pri

va

te S

ecto

r B

anks

Wh

ite

La

bel A

TM

s

Fo

reig

n B

an

ks in

In

dia

As of December 2017, out of 221,658 ATMs in the country,

Maharashtra accounted for 25,662 ATMs making it the state with the

highest number of ATMs deployed.

Not only is the state home to headquarters of many financial

companies, it also houses various financial regulatory bodies

including Reserve Bank of India (RBI), Securities and Exchange

Board of India (SEBI), Forwards Market Commission (FMC).



Reserve Bank of India

State Bank of

India

Bank of India Foundation year: 1906 (state owned commercial bank)

Banking services: Commercial banking, retail banking, private banking, asset management, mortgages,

credit cards

Total assets: US$ 97.21billion; Total income: US$ 7.15 billion (2016-17), Q3 – Total Income Rs

10,37,603 lakh (US$ 16,027.23 million)

Headquarters & infrastructure: Bank is based in Mumbai with over 4,500 branches and over 1,000

ATMs all over India

Website: www.bankofindia.com

Reserve Bank of India (RBI) was founded in 1935 and is recognised as India's central banking

institution. RBI also controls the monetary policy of the Indian rupee. RBI is headquartered in Mumbai,

Maharashtra and has 19 regional offices and nine sub offices.

Monetary authority, supervision of the financial systems, foreign exchange management and currency

issuing are the major functions of the Reserve Bank of India.

Foundation year: 1956 (owned by Government of India)

Banking services: Credit cards, consumer banking, corporate banking, finance and insurance,

investment banking, mortgage loans, private banking, wealth management

Total assets: US$ 420 billion; Total income: US$ 32.75 billion (2016-17), Q3 – Total Income Rs

62,887.06 crore (US$ 9,713.79 million)

Headquarters & employees: Headquartered in Mumbai with over 300,000 employees

Website: www.sbi.co.in

Source: Reserve Bank of India, Bank websites

Scheduled commercial banks in Maharashtra

http://www.bankofindia.co.in/





http://www.sbi.co.in/









Union Bank of India

Bank of

Maharashtra

Central Bank of

India Foundation year: 1911 (one of oldest commercial banks owned by the government) Banking services: Core banking services are loans, credit cards, savings, investment vehicles, and insurance, investment banking, mortgage loans, private banking etc. Total assets: US$ 51.75 billion; Total income: US$ 4.27 billion (2016-17), Q3 – Total Income Rs 6,589.32 crore (US$ 1,017.81 million) Headquarters & infrastructure: Headquartered in Mumbai with over 4,000 branches in 27 Indian states and 270 extension counters Website: www.centralbankofindia.co.in

Foundation year: 1919 (owned by Government of India)

Banking services: Consumer banking, corporate banking, finance and insurance, investment banking,

mortgage loans, private banking, private equity, wealth management, agriculture loan

Total assets: US$ 70.34 billion; Total income: US$ 5.94 billion (2016-17), Q3 – Total Income Rs

9,133.58 crore (US$ 1,410.81 million)

Headquarters & Employees: Bank is based in Mumbai with over 28,000 employees and more than

4,000 ATMs

Website: www.unionbankofindia.co.in

Foundation year: 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services: Loans, credit cards, savings, investment vehicles, insurance, investment banking, mortgage loans, private banking etc. Total assets: US$ 24.73 billion; Total income: US$ 2.11 billion (2016-17), Q3 – Total Income Rs 9,508 crore (US$ 1,469 million) Headquarters & infrastructure: Based in Pune, and reaches out to 15 million customers with 2,000 branches in 29 states Website: www.bankofmaharashtra.in



http://www.centralbankofindia.co.in/

https://www.unionbankonline.co.in/







http://www.bankofmaharashtra.in/



Dena Bank

Yes Bank

Deutsche Bank

India Foundation year: 1980 Banking services: Private and business banking, corporate banking and securities, global transaction banking and asset & wealth management Headquarters & employees: Bank is based in Mumbai, with more than 9,500 employees in 16 cities Website: www.db.com/india

Foundation year: 1938

Banking services: Investment banking, consumer banking, commercial banking, retail banking, private

banking, asset management, pensions, mortgages, credit cards


2,475.96crore (US$ 382.45 million)

Headquarters & infrastructure: Bank is based in Mumbai, with over 1,400 branches and more than 100

ATMs Website: www.denabank.com

Foundation year: 2004 Banking services: Corporate and institutional banking, commercial banking, investment banking, retail banking, finance marketing


6,492.56 crore (US$ 1,002.87 million)

Headquarters & Infrastructure: Bank is based in Mumbai, with more than 550 branches and 1,255

ATM’s Website: www.yesbank.in



http://www.db.com/india

http://www.denabank.com/

http://www.yesbank.in/



Citibank India

HDFC Bank

IDBI Bank Foundation year: 1964 (10th largest bank in the world) Banking services: Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, agriculture loan Total assets: US$ 55.41 billion Total income: US$ 4.96 billion (2016-17) , Q3 – Total Income Rs 6,645.81 crore (US$ 1,026.54 million) Headquarters & infrastructure: Bank is based in Mumbai with over 15,000 employees and 2,000 ATMs. Website: www.idbi.com

Foundation year: 1902 Banking services: Credit cards, debit cards, loans, investments, NRI banking and private baking Headquarters & employees: Bank is based in Mumbai, with over 7,500 employees. The bank has 44 branches in 31 cities and 700 ATMs across the country Website: www.Citibank.co.in

Foundation year: 1994 Banking services: Investment banking, investment management, wealth management, private banking, corporate banking, private equity, finance and insurance, consumer banking, mortgages, credit cards Total assets: US$ 134.08 billion; Total income: US$ 12.67 billion (2016-17) , Q3 – Total Income Rs 24,450.44 crore (US$ 3,776.71 million) Headquarters & employees: Bank is based in Mumbai, with more than 69,065 employees Website: www.hdfcbank.com



http://www.idbi.com/

http://www.citibank.co.in/

http://www.hdfcbank.com/



ICICI Bank Foundation year: 1994

Banking services: Credit cards, consumer banking, corporate banking, finance and insurance, private

banking

Total assets: US$ 119.21 billion; Total income: US$ 11.38 billion (2016-17) , Q3 – Total Income Rs

16,832.22 crore (US$ 2,599.97 million)

Headquarters & employees: Bank is based in Mumbai, with over 67,857 employees.

Website: www.icicibank.com



https://www.icicibank.com/






MUMBAI AS FINANCIAL HUB OF INDIA…(1/2)

Mumbai is the capital of the state of Maharashtra and the financial

capital of India. The city houses a majority of the headquarters of

large corporates and financial institutions in the country. In addition,

major stock exchanges, commodity exchanges and capital markets

of India are situated in Mumbai.

Mumbai is home to 3 stock exchanges (BSE, NSE and MSE) and 3

commodity exchanges (ICEX, MCX, NCDEX). The market

capitalization of BSE and NSE has increased at a CAGR of 19.5 per

cent and 14.5 per cent to US$ 2.3 trillion and US$ 1.8 trillion, during

FY12 to FY17, respectively.

In February 2016, the Chief Minister of Maharashtra announced that

India’s second International Financial Services Centre (IFSC) will be

set up in Mumbai. The IFSC will coexist with the proposed terminal

for the Mumbai-Ahmedabad bullet train.

A new financial technology policy was approved by the state

government in February 2018 with the aim of making Maharashtra

one of the top five financial technology centers in the world in the

next five years. A venture capital fund of Rs 200 Crore (US$ 30.89

million) for fintech startups in the state.

Source: SEBI, BSE, NSE, News Articles

Market Capitalization (in US$ billion)*

95

2.1

4

1,1

05

.28

1,5

12

.79

1,4

12

.33

1,8

11

.67

2,3

18

.54

90

8.7

1

92

9.9

5

1,0

84

.77

1,4

80

.12

1,3

87

.76

1,7

85

.43

0

500

1000

1500

2000

2500

FY

12

FY

13

FY

14

FY

15

FY

16

FY

17

BSE NSE

Note: *At US$ 1 = Rs 67.09


MUMBAI AS FINANCIAL HUB OF INDIA…(2/2)

The Government is setting up the Delhi-Mumbai Industrial Corridor

(DMIC) with the help of the Government of Japan, which has agreed

to lend US$ 4.5 billion for this project. Seven nodes are in the

development stage for the Phase-1 of the project, which is expected

to greatly boost India’s manufacturing sector.

Preliminary work is in progress for the Mumbai Trans – Harbour link

and Multi-Modal Corridor from Virar to Alibaug. Work on the projects

commenced in 2011 & 2010 and are expected to be completed by

2021 & 2019, respectively.

The number of companies listed on NSE and BSE have increased to

7,547 in FY18* as compared to 6,779 in FY12.

Source: Maharashtra Economic Survey 2015-16

Number of companies listed on NSE and BSE

6,7

79

6,8

77

7,0

24

7,3

57

7,7

19

7,6

51

7,5

47

6,200

6,400

6,600

6,800

7,000

7,200

7,400

7,600

7,800

FY

12

FY

13

FY

14

FY

15

FY

16

FY

17

FY

18*

Note: FY18* - As of November 2017


KEY INDUSTRIES – PHARMACEUTICALS AND

BIOTECHNOLOGY … (1/3)

Major opportunities have emerged in the pharmaceutical sector,

primarily in the areas of contract research, contract manufacturing

and clinical trials.

The state has a well developed laboratory, research and

development infrastructure and a strong resource pool. In August

2015, one of the leading pharmaceutical companies Nutra Plus

started the commercial production of therapeutic and analgesic

products in its Tarapur plant.

The Maharashtra state government aims at giving a boost to the

pharmaceutical sector in the state and improve research activities

with development of skilled man power. Hence, the government

plans to establish National Institute of Pharmacy Education and

Research at Nagpur. The land for the project was allotted in

December 2016.

From August 1991 to November 2016, a total of 859 projects with an

investment of US$ 2,396.78 million have been approved for the

pharmaceutical industry in the state. Of these 499 projects with

investment of US$ 653.75 million have commenced.

Source: Maharashtra Industrial Development Corporation , MSME: Micro, small and medium enterprises




Source: Maharashtra Industrial Development Corporation, Economic Survey 2015-16

Sector Status

Serum Bio-Pharma Park Pharmaceuticals & biotechnology Operational

Maharashtra Industrial Development Corporation Pharmaceuticals Operational

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd. (formally Ajanta Project (India) Ltd.) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd. (formally Ajanta Project (India) Ltd.) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Biotechnology & Pharmaceutical SEZs in Maharashtra

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 43.3 29.8 872 338

Large 16 7 185.8 88.1 712 931

Registered BT units (upto October 2016)




USFDA: US Food and Drug Administration, EMEA: Europe, The Middle East and Africa

GlaxoSmithkline

Pharmaceuticals Ltd

Cipla Ltd

Wockhardt Ltd

GlaxoSmithkline Pharmaceuticals, established in 1924, is one of the oldest players in the Indian

pharmaceuticals industry. Company earned total Income of Rs 715.86 crore (US$ 110.57 million) for

FY 18 Q3. The company produces medicines that treat major diseases such as asthma, virus control,

infections, mental health, diabetes and digestive conditions. The company is also a leader in the

important areas of vaccines and is developing new treatments for cancer.

Cipla is one of the major Indian companies in the pharmaceuticals sector, with total income from

operations. For Q3 FY 2018, Cipla earned total Income of Rs 3,010.89 crore (US$ 465.07 million). It is

also one of the oldest players in the sector. The company has manufacturing units at Vikhroli (Mumbai)

and Patalganga.

Wockhardt, headquartered in Mumbai, is a major player in the integrated healthcare segment. The

company’s market presence covers formulations, biopharmaceuticals, nutrition products, vaccines and

Active Pharmaceutical Ingredients (APIs). Company earned a total Income of Rs 546.67 crore (US$

84.44 million) for Q3 FY 2018.

Wockhardt has set up a global scale biopharmaceuticals manufacturing park, the Wockhardt Biotech

Park, in Aurangabad. This state-of-the-art complex comprises six dedicated manufacturing facilities,

and is designed according to USFDA and EMEA standards.

Lupin is one of the significant players and primarily derives its revenue from formulations. Total net

sales of the company. For Q3, Lupin earned total Income of Rs 2,555.23 crore (US$ 394.69 million).

The company has manufacturing plants at Tarapur and Aurangabad. The company is waiting for an

approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ, Nagpur.

Lupin Ltd

Key Players


KEY INDUSTRIES – IT/ITeS AND ELECTRONICS … (1/4)

IT is one of the top notch sectors in the state, with maximum thrust,

development and investment.

Over 2014-15, Maharashtra accounted for around 30% of the

country’s software exports with the help of 1,200 software units

present in the state.

The Government of Maharashtra is focusing on providing IT-related

infrastructure, fiscal incentives to IT units and an institutional

framework for the IT sector. The prime IT/ITeS clusters are in

Greater Mumbai, Pune, Thane, and Nasik. Pune is the leader in

Business Process Outsourcing (BPO) services.

During 2015-16, the Directorate of Information Technology made 156

online services available through “Aaple Sarkar” portal under the

Maharashtra Public Services Rights Act, 2015.

During 2016, Government of Maharashtra came up with a new policy

- “Electronics Policy 2016”, which aims at achieving a turnover of

US$ 12 billion for the ESDM industry and is assisting in targeted

expansion of ESDM sector to cross US$ 2 billion, through 2020.

The government has launched WiFi services, which will connect 500

hotspots across Mumbai, under the smart city project. By May 2018,

the government is planning to extend the free WiFi services across

1200 hotspots.

Source: Maharashtra Industrial Development Corporation, News Articles, Economic Survey 2015-16

Exports from IT/ITeS SEZs in Maharashtra (in US$ billion)

5.9

3

7.1

6

8.6

3

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

201

4-1

5

201

5-1

6

201

6-1

7



During 2016-17, Maharashtra Industrial Development Corporation

(MIDC), CIDCO and Software Technology Park of India cumulatively

developed 37 public IT parks and approved 472 IT parks. Of the total

487 IT parks, 170 parks are already operational with an overall

investment of US$ 586.4 million and US$ 1,589.85 million has been

proposed for the remaining 317 IT park projects that are in the

processing phase.

District Number of IT parks (2016-17)

Pune 172

Greater Mumbai 162

Thane 140

Nagpur 5

Nashik 5

Aurangabad 3

Wardha 1

Total 487

Prominent information technology parks in Maharashtra

Source: Maharashtra Industrial Development Corporation, state economic survey 2016-17

Talawade IT Park, Dehu-Moshi

Road, Pune.

Millennium Business Park (MBP),

Navi Mumbai

Hinjewadi IT Park Phase I,

Hinjewadi, Pune

Hinjewadi IT Park Phase II,

Hinjewadi, Pune

Kolhapur IT Park, Kolhapur

Sangli IT Park, Vishrambag, Sangli

Nagpur IT Park, Nagpur

Deogiri Infotech Park, Aurangabad

Kharadi IT Park, Kharadi, Pune

Prominent information technology parks in Maharashtra



Source: Maharashtra Industrial Development Corporation, News Articles

Additional floor space index for IT parks and recreational, residential and other support facilities would be provided.

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty.

IT units would be supplied with power at industrial rates.

Property tax shall be levied on IT/ITeS units at par with residential rates.

VAT on the sale of IT products would be generally charged at a minimum floor rate.

Development of Mumbai-Pune-Nashik as Silicon valley of India, that is, an IT innovation hub under Maharashtra-Goa Regional Development Council

Government initiatives



Accenture is a global management consulting, technology services and outsourcing company, with around

259,000 people serving clients in more than 120 countries. The company has several development centres

across India.

It has major operating centres in Mumbai and Pune. In 2017 (for the nine months ending May 2017), the

company earned revenues of US$ 27.12 billion.

IBM is one of the biggest IT solutions and product firms having presence across the globe.

The company has a significant presence in India, with centres in Pune. It recorded revenues of US$ 37.44

billion for six months ending February 2017.

Capgemini is a global IT major headquartered in Paris, France, and operates in more than 40 countries.

The company generated revenues of US$ 7.38 billion in H1 2017. The company provides solutions across

all verticals in the industry. It has software centres in Mumbai, Navi Mumbai and Pune. In February 2014,

the company opened a new facility at Pune with a seating capacity of 2,800 persons, adding to the 4,000

people it employs at its Pune campus. It is also looking to increase its workforce in the state.

Infosys is a well-known IT giant, with development centres across India. The company generated revenues

of US$ 9.2 billion in 2016-17, Infosys Technologies Ltd earned Rs 17,442 crore (US$ 2,694 million) as total

income from operations in Q3 FY 2018. The company has a development centre at Wakad, Pune, and

also a BPO centre in the city.

Infosys had been allotted land in Mihan-SEZ, Nagpur,and was expected to start construction work in July

2014. In the first phase the company will invest US$ 78.8 million to accommodate 5,000 software

professionals.

Accenture

IBM

Capgemini

Infosys Technologies

Ltd

Key Players


KEY INDUSTRIES – ENGINEERING … (1/2)

Maharashtra occupies an important place in both the production and export of engineering goods from the country.

The engineering industry in the state is highly diversified and produces a large range of machine parts, from industrial machinery to industrial

castings and forgings.

The industry, which was initially concentrated in the Mumbai-Pune belt, has spread all over the state with the major production centres in Nagpur,

Aurangabad, Nasik and Kolhapur.

The major engineering items of production and export in Maharashtra are textile mill machinery, machinery for sugar, cement and chemical

plants, food processing machinery, construction machinery, tractors, electric power machinery, transmission line towers, automobiles and ship

building.

BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra. The greenfield unit is being set

up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people. It is setting up a silicon

solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state.


KEY INDUSTRIES – ENGINEERING … (2/2)

Larsen & Toubro Limited (L&T) is a diversified Indian conglomerate with interests in engineering and

construction. L&T earned total income from operations as Rs 18,161.95 crore (US$ 2,805.37 million)

during Q3 FY 2018.

L&T is one of the oldest running companies with headquarters in Mumbai. The company has

manufacturing facilities at Mumbai and Ahmednagar.

Greaves Cotton is one of the oldest and well-diversified engineering companies in India.

Its core products include diesel/petrol engines, pump sets, construction equipment and gensets.

The company has manufacturing facilities at Chakan, Chinchwad, Chikalthana, Shendra and Waluj. For

Q3 FY 2018, company earned a total income of Rs 456.24 crore (US$ 70.47 million).

Siemens Group is a leading inventor, innovator and implementer of leading-edge technology-enabled

solutions operating in the core business segments of industry, energy and healthcare. The company is

based in Navi Mumbai. In 2013-14 (October 2013 to September 2014), Total income from operations of Rs

2,500 crore (US$ 386.16 million) during Q3 FY 2018.

ABB is one of the leading engineering companies in the world. The ABB group operates in around 100

countries and employs about 130,000 people. The company offers an extensive array of products and

services within power and automation technologies. ABB operations in India include 12 manufacturing

facilities, with over 10,355 employees. The company has a manufacturing facility in Mumbai. The company

earned a total income of Rs 2,798 crore (US$ 432.22 million) during Q3 FY 2018.

Larsen & Toubro

Ltd (L&T)

Greaves Cotton Ltd

Siemens Group

ABB

Key Players


KEY INDUSTRIES – TEXTILES … (1/2)

Source: Central Silk Board, Economic Survey, 2015-16, 2016-17, News Articles.

Maharashtra contributes about 10.4 per cent to India’s textiles and

apparels output. The state contributes about 25 per cent of India’s

cotton production. The textile industry is the largest employer in

Maharashtra and contributes around 28% to India's total exports.

Textile parks, aimed to provide world-class infrastructural

components for the textile sector and enhance productive capacity,

are being set up in Maharashtra to maintain its leadership position in

textile exports and production.

Some of the textile parks are the Nardhana Textile Park in Dhule,

Butibori (Nagpur) Textile Park and Ambernath Textile Park. the state

government plans to set up 11 new textile parks in the state. In July

2017, Maharashtra government proposed to set up an integrated

textile park in Malegaon over 345 hectares of land.

As per budget 2016-17, the state government is aiming at setting up

new textile units across the state’s cotton growing areas. Moreover,

the government has also proposed an investment of US$ 40.48

million during 2016-17, for the existing and upcoming textile projects

across Vidharbha, Norhern Maharashtra and Marathwada.

The Government of Maharashtra is planning to set up a garment park

in Solapur, with an investment of US$ 44.62 million to generate

employment in the surrounding areas.

The State Government approved a new textile policy for a tenure of

2018-23 with an aim to attract investment of Rs 36,000 crore

(US$5.6 billion) and increase employment.

Cotton (lint) production in Maharashtra (million bales)

7.7

4

6.8

2

6.7

9

8.8

3

7.0

0

7.5

0 1

0.7

6

6.0

5

-

3.00

6.00

9.00

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Year Volume

2015-16 252

2016-17 231

2017-18 205

Raw silk production (in MT)

Note: * - As of December 2017.


KEY INDUSTRIES – TEXTILES … (2/2)

Raymond was incorporated in 1925 and is a leading Indian textile major. The company is part of global

conglomerate Raymond Group. It generated revenues of US$ 121.96 million in Q3 FY 2018.

Raymond was the first in 1959 to introduce a polywool blend in India to creating the world's finest suiting

fabric – the Super 240s – made from superfine 11.6 micron wool.

The Bombay Dyeing and Manufacturing Company Limited’s textile products include bedding range,

bedding accessories, bath linen, hotel linen and industrial fabrics.

Product range also consists of bed sheets, bed covers, quilts, duvet covers, dohars, bed in bag sets,

blankets, pillow cases, cushion covers, shams, cushions, pillows and bed decor sets, pool towels, bath

towels, hand towels and face towels. The company generated revenues of US$ 95.8 million in Q3 FY

2018.

S. Kumars’ is one of India's leading textile and apparel companies. With expertise in multi-fibre

manufacturing, the company has extended its presence in multiple product categories from fabrics to

apparels and home textiles. Its brands include Reid & Taylor, Belmonte, S.Kumars, Uniformity By

Belmonte, Carmichael House and Stephens Brothers.

Siyaram Silk Mills, incorporated in 1978, is a leading producer of blended fabrics in India.

The company is one of the most renowned vertically integrated textile companies in the country. It

operates the widest range of latest machinery in its eco-friendly plants at Tarapur, Daman and Mumbai.

The company earned US$ 60.80 million in revenues in Q3 FY2018.

Raymond

Bombay Dyeing

S. Kumars’

Siyaram’s

Key Players


KEY INDUSTRIES – CHEMICALS, OIL AND GAS,

ENERGY … (1/2)

Maharashtra has a strong presence in the petrochemicals, and oil

and gas sectors. Mumbai, Nagothane, Rabale and Patalganga are

major petrochemical hubs, while Thane, Mumbai, Pune and Wardha

are chemical hubs.

Opportunities primarily exist in the areas of polymers & plastics,

fertilisers and synthetic yarns. Key competitive strengths of the state

in this industry are the strong upstream and downstream linkages for

raw materials and products. Bombay High accounts for over 50% of

the country's oil & gas production.

Production of coal in the state increased from 38.30 MT in 2014-15

to 38.35 MT and 40.56 MT in 2015-16 and 2016-17 respectively.

Coal production during April – September 2017 stood at 13.401 MT.

Power generation in the state has been steadily increasing.

Production grew 0.72 per cent year-on-year to reach 118.09 TWH in

FY17. The figure stood at 91.38 TWH during April-December 2017.

The Government of Maharashtra has set a target of producing

25,000 MW of electricity using solar power. It also plans to increase

installed renewable power capacity from 7,500 MW to 10,000 MW.

Work orders for about 4,000 MW solar energy projects will be given

between March 2018 and December 2019.

As of November 2017, the state had an installed capacity of

30,598.43 MW under thermal energy; 690 MW under nuclear energy;

3,331.84 MW under hydro and 7,976.85 MW under renewable

energy sources.

Under the State Budget 2016-17 the government had planned an

investment of US$ 119.77 million for electricity generation projects.

Outlay of US$ 69.66 million has been set for adding capacity under

non-conventional energy sources.

Year Total input (‘000 tonnes) Per hectare

consumption (kg)

2011-12 6580 155.2

2012-13 5470 116.1

2013-14 5990 119.4

2014-15 6013 125.9

2015-16 5963 122.5

2016-17 6120 126.1

2017-18 7005 137.6

Use of chemical fertilisers in Maharashtra

Source: Commissionerate of Agriculture, GoM, Socio Economic Survey of Maharashtra, 2017-18


KEY INDUSTRIES – CHEMICALS, OIL AND GAS,

ENERGY … (2/2)

Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (E&P)

companies in the world in the terms of asset value. The company earned total income of Rs 24,122.42

crore (US$ 3,726.05 million) during Q3 FY 2018. The company has a production facility at Uran (Navi

Mumbai) and the corporate office is in Mumbai. It plans to invest US$ 810 million to build a new gas based

fertiliser plant and it would invest US$ 945.6 million for redevelopment of its Mumbai High (North) oil and

gas field in the state of Maharashtra.

Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs). It is

a major refining and oil retailing company in India.

HPCL’s standalone total income was US$ 9,816.26 million in Q3 FY 2018. It has an oil refining unit on

Mumbai’s west coast.

Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution, refining,

trading and exploration of petroleum. The company’s standalone revenues stood at US$ 16.33 billion

between April 2015-September 2015. BPCL has a refinery in Mumbai. Company earned total income of Rs

70,922.56 crore (US$ 1,095.50 million) during Q3 FY 2018.

Reliance Industries Limited, is the largest private sector firm in India and ranks 99th on the Fortune 500 list

based on revenues. The company earned total income of Rs 77,537 crore (US$ 11,976.68 million) during

Q3 FY 2018. The company has diversified interests in energy, retail, textiles, petrochemicals, infotel and

SEZs. Reliance Industries Limited has manufacturing facilities at Nagothane, Nagpur and Pathalganga in

Maharashtra.

Oil and Natural Gas Corp

Hindustan Petroleum

Corp Ltd

Bharat Petroleum Corp

Ltd

Reliance Industries Ltd

Key Players


KEY INDUSTRIES – AUTO AND AUTO COMPONENTS

… (1/3)

Maharashtra accounts for approximately 35.1% of the country’s

output of automobiles by value.

The major automobile centres in the state include Pune, Nasik,

Aurangabad and Nagpur.

Pune is the largest auto hub of India with over 4,000 manufacturing

units in the Pimpri-Chinchwad region alone. Pune is home to large

players like Bajaj Auto Limited, Daimler Chrysler Limited, Tata

Motors, etc.

Nasik is home to one of India's largest multi-utility vehicle

manufacturers – Mahindra & Mahindra Limited.

Mercedes Benz has a luxury car production facility in Chakan in

Maharashtra which has a capacity of 20,000 cars per year. As of July

2017, The company is planning to invest around US$ 155.5 million to

double its capacity and create a separate product line for exports.

The Government of Maharashtra is finalising a policy to encourage

manufacturing of electric vehicles. Manufacturing of one hundred

thousand electric vehicles per year in the next 3 to 5 years has been

envisaged under the policy. Incentives offered may include a 15 per

cent subsidy to buyers, which is expected to boost demand, and

refunding of SGST to manufacturers.

In May 2017, the Chief Minister of Maharashtra inaugurated India’s

first multi-modal electric vehicle project and an electric charging

station in Nagpur. Under the project, a fleet of 200 electric-powered

public transport vehicles will be run on taxi aggregator Ola’s platform

in Nagpur.

Automotive hubs in Maharashtra



… (2/3)

In July 2015, the Maharashtra state government announced plans to

finalise the deal with Chrysler for setting up a jeep production facility

at Ranjangaon in Aurangabad. The overall investment expected in

the first year is US$ 281.88 million and US$ 563.69 million is to be

invested over the next six years. The first Jeep made at the plant

was unveiled in May 2017.

ARAI, India's premier automotive R&D, testing and certification

organisation is in Pune. It is India’s first Auto Cluster Development

and Research Institute is in Maharashtra.

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

Cvs to benefit from increasing infrastructure activity and heightened

international interest

Diversification in two wheeler segment

Design centers

Auto financing

R&D

Investment opportunities in the auto sector

Vehicle Type 2017 2018(1)

Motor-cycles, scooters & mopeds 21,390.3 23,008.7

LMV (cars, jeeps, station wagons & taxis) 4,446.0 4,810.2

Auto rickshaws 720.4 747.3

Buses (stage carriages, contract carriages,

school buses & PSV) 121.1 128.7

Tractors 616.2 651.1

Goods vehicles {Articulated/Multiaxel

vehicles, trucks & lorries, tankers,

delivery vans (3 & 4 wheelers), etc. 1,476.9 1,582.8

Category wise numbers of a few categories of motor vehicles on the road in Maharashtra

Source: Economic Survey, 2016-17,

Note: 2018(1) – provisional, LMV–Light Motor Vehicles PSV - Public Service Vehicles, ARAI - Automotive Research Association of India



… (3/3)

Bajaj Auto is a major Indian automobile manufacturer. The company is the world's fourth-largest two- and

three-wheeler manufacturer with an total income of US$ 1,018.88 million in Q3 FY 2018. The company

manufactures and exports scooters, motorcycles and auto rickshaws. The company is based in Pune with

a regional office at Akurdi and manufacturing plants in Chakan (Pune, manufactures motorcycles) and

Waluj (near Aurangabad, manufactures motorcycles and three-wheelers).

Tata Motors Limited is a multinational corporation headquartered in Mumbai, India. It acquired British

automotive brands Jaguar and Land Rover in 2008. The company is the world’s fourth-largest truck and

bus manufacturer. Company’s total income is US$ 2,501.31 million for Q3 FY 2018.

The company has an auto manufacturing and assembly unit at Pune. The Pune unit is spread over two

geographical regions – Pimpri (800 acres) and Chinchwad (130 acres).

Formerly known as Bajaj Tempo, Force Motors is a part of Firodia Enterprise that manufactures Multi

Utility Vehicles (MUVs), tractors, Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs).

Matador was a popular LCV manufactured by Force Motors. The company has a manufacturing unit in

Pune. The company generated total income of US$ 117.27 million in Q3 FY 2018.

Mahindra and Mahindra is one of the major auto manufacturers of India. The company generated US$

1,803.27 million of total income in Q3 FY2018.

The company’s products include tractors, SUVs and LCVs. It has manufacturing facilities at Mumbai,

Pune, Nagpur and Nasik.

Bajaj Auto Ltd

Tata Motors Ltd

Force Motors Ltd

Mahindra and Mahindra

Ltd

Key Players


KEY INDUSTRIES – TOURISM … (1/2)

Maharashtra is a major trade and tourist destination of India,

attracting thousands of tourists from across the world every year. It is

the fourth most visited state of India.

There are many temples in Maharashtra, some of them being

hundreds of years old, constructed in a fusion of architectural styles

borrowed from north and south India. Maharashtra has its own folk

music. Folk musical programmes, such as Gondhal, Lavani, Bharud

and Powada, are popular, especially in rural areas.

The state is home to the Hindi film industry Bollywood, which

produces the largest number of films globally. Maharashtra has a

score of pilgrimage destinations, ranging from the ones that revolve

around mythology (e.g., Nasik; Warkar and Pune) and those

celebrating the achievements of religious leaders and reformers

(Shirdi, Haji Ali shrine) to new age pilgrimage destinations such as

the Osho Commune at Pune.

Nasik is one of the four sites of the Kumbh Mela, which is held once

in every 12 years. The city is known as the place where Lord Ram

spent 14 years in exile. Maharashtra is the first state to declare a

tourism district for tourism development. Sindhudurg is the first

district in Maharashtra to be declared as a tourism district.

The state has launched Unlimited Maharashtra advertising campaign

through newspapers and television channels to attract tourists during

summer vacations. A half-hour ferry ride across Mumbai harbor

takes visitors to view the superbly carved 1,300 years old cave

temple on the little island of Elephanta, a favourite picnic spot.

Tourist arrivals in Maharashtra (million)

Source: Ministry of Tourism, Government of India

86

.8 9

7.0

10

7.8

12

0.0

2

0.0

20.0

40.0

60.0

80.0

100.0

120.0

140.0

201

3

201

4

201

5

201

6


KEY INDUSTRIES – TOURISM … (2/2)

In 2014-15, 94.12 million domestic tourists and 4.38 million foreign tourists visited the state of Maharashtra, whereas, in 2013-14, 82.7 million

domestic tourists & 4.15 million foreign tourists visited Maharashtra. In 2016 the numbers were, 166 million domestic tourists and 4 million foreign

tourists.

In 2016, the Government of Maharashtra formulated a new policy on Tourism- ‘Maharashtra Tourism Policy 2016,’ which aims at minimizing

delays as well as replication of redundancies & information & enhancing the application process efficiency. An amount of US$ 43.53 million was

allocated by the government to boost basic amenities being provided across tourist spots.

In March 2017, the state government has sanctioned US$ 52.25 million for the development of Elephanta Caves. The fund includes US$ 14.85

million from the Maharashtra Tourism Development Corporation, while US$ 37.40 million is to be raised through public private partnership.

In June 2017, Airbnb, an alternative accommodations company, signed a MoU with Maharashtra Tourism Development Corporation on a revenue

sharing basis, to become the official accommodation partner for the state for its network of homestays in India.

As per 2016-17 budget, the state government announced the following plans :

• Aurangabad has been affirmed as a tourist district in the state & the government has decided to offer special attention towards the uplifting of

tourism in Verul, Sulibhanjan, Mhaismal & Khultabad.

• The state government is also undergoing various steps for improving safety measures across the beaches for ensuring security of people

As per budget 2017, government has decided to develop well known tourist and pilgrimage centres like Mahurgad (Nanded), Jyotibhacha Dongar

(Kolhapur), Lonar Sarovar (Buldana), Sindhudurg and Raigad Forts. Required financial support will be provided as necessary.


EMPLOYMENT OPPORTUNITIES & EMPOWERMENT

Till December 2016, a total of 488 mega projects were sanctioned by the state government with an outlay of US$ 58.91 billion. Due to these

projects, employment opportunities for a total of 420,000 people are expected to be created.

Further, a total employment of 1.66 lakh has been recorded across 20,220 MSMEs with an investment of US$ 624.80 million till September 2016.

As per budget 2016-17, for upgradation of State Employment Guarantee Scheme and Mahatma Gandhi Rural Employment Scheme in the state,

the Government of Maharashtra has projected an outlay of US$ 12.22 million, of which US$ 422.95 million is towards the central share and US$

107.69 million is towards the state share. These schemes are being executed in the state for providing the required job opportunities across rural

areas.

In April 2017, the state government decided to give reservation to physically disabled people in jobs in its newly drafted policy. The government

will also ensure that physically disabled people would be given equal employment opportunities in the government as well as private jobs.

Moreover, the state government would also siphon 3% of funds from budget reserved to provide facilities to the physically disabled people.

In Magnetic Maharashtra Convergence 2018, the state implemented “Make in Maharashtra” policy to focus on Industrial sector growth, increase

domestic and foreign investment in the Industrial sector and to generate more employment opportunities.

The state has launched a new separate policy for women as “Women Entrepreneurs Policy 2017”. The objective is to encourage participation of

women entrepreneurs, create an environment which assures entrepreneurship and to provide technical, operational and economic assistance,

which will enhance the employment opportunities to women.

Source: State Budget 2017-18, Economic Survey, 2015-16, 2016-17 , 2017-18


SINGLE–WINDOW CLEARANCE MECHANISM… (1/3)

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units

and issue various clearances required for setting up of industries at a single point. The government has taken following steps for setting up

committees at various levels:

• District-level committee under the chairmanship of the District Collector for proposals from SSI units.

• State-level committee under the chairmanship of Development Commissioner (Industries) for MSI/LSI units.

• Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals.

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry and/or expansion unit and development of

information system/software to process such applications online.

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district, state and

mega projects committees. The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs.

In order to provide the people of state with one stop portal for information, services and consents electronically under Industrial Policy 2013, the

government is focussing on provisions for SWC system.


SINGLE-WINDOW CLEARANCE MECHANISM … (2/3)

Agency Description

MIDC services

Land Department- Services

Fire Department- Services

Engineering - Water Department- Services

Engineering - Drainage Department- Services

Engineering - Power Department- Services

SPA Department- Services

Technical Advisor Department- Services

IT SEZ Department- Services

Non-MIDC services

Directorate of Industries - Services

Labour Department- Services

Airport Authority of India - Services

Public Works Department - Services

Ministry of Corporate Affairs - Services

Food and Drug Administration - Services

Maharashtra Coastal Zone Management Authority - Services

Directorate General of Foreign Trade - Services

Source: Maharashtra Industrial Development Corporation


SINGLE-WINDOW CLEARANCE MECHANISM … (3/3)

Agency Description

Non-MIDC services

Maharashtra State Electricity Distribution Company Limited - Services

Income Tax Department - Services

Department of Sales Tax - Services

Industrial Safety & Healthy Directorate - Services

Boiler Inspectorate - Services

Municipal Corporation of Greater Mumbai – Services

Central Board of Excise & Customs - Services

Employee Welfare - Services

Weights and Measures - Services

Bureau of Indian Standards - Services

Maharashtra Pollution Control Board - Services

Petroleum and Explosives Safety Organization - Services

Source: Maharashtra Industrial Development Corporation


KEY INVESTMENT PROMOTION OFFICES … (1/3)

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries, Maharashtra

state, is mainly confined to the development and

progress of large-scale, small-scale and cottage

industries in the state. The Department of Industries was

reorganised and the Directorate of Industries was

formed in August 1960. Control of cottage industries was

transferred to the Directorate of Industries with effect

from 1st December, 1960.

It also assists in the formulation and implementation of

various policies and promotional schemes.

Development Commissioner of Industries Government of Maharashtra

Directorate of Industries New Administrative Building,

2nd Floor, Opposite Mantralaya, Mumbai Maharashtra-400 032

Phone: 91-22-22028616 [email protected]




Maharashtra Agro Industries


Limited (MAIDC)

The objective of the company is to make available to the

farmers of Maharashtra standard quality fertilisers,

pesticides, agro engineering implements & animal feed

to the extent required & at the time of requirement & at

competitive rates.

Maharashtra Agro Industries Development Corporation

Limited (MAIDC) has also been designated as the state

nodal agency by Ministry of Food Processing Industries,

Government of India. In its role as state nodal agency, it

scrutinises & forwards various proposals of

entrepreneurs under different schemes of assistance

from the Government of India. It also helps

entrepreneurs in preparing projects, selecting the area,

etc.

Krushi Udyog Bhavan Dinkarrao Deasi Marg, Aarey Milk Colony

Goregaon (East), Mumbai- 400065, Maharashtra, India

Phone: 91-22-29272027 Email: [email protected]

Website: www.maidcmumbai.com






(MIDC)

MIDC’s objectives are:

• To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts

and underdeveloped parts of the state.

• Help in infrastructural development of each and

every district in Maharashtra.

• Facilitate entrepreneurs in setting up industries at

various locations.

MIDC is an agent of the state government for carrying

out activities of acquisition and disposal of land,

provision of infrastructure facilities and providing other

services to industrial centres.

Udyog Sarathi Mahakali Caves Road, Andheri (E)

Mumbai-400 093 Phone: 91-22-26870052/54/73

Fax: 91-22-26871587 Email: [email protected]

Website: www.midcindia.org


KEY APPROVALS REQUIRED … (1/2)

Approvals and clearances required Department

Prior to setting up the unit

Registration

Development Authority

Allotment of land/shed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act, 1974 and the Air Act, 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act, 1956


KEY APPROVALS REQUIRED … (2/2)

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act, 1974 and the Air Act, 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act, 1956

Central and State Excise Departments

Registration under Central Sales Tax Act, 1956

After commencement of production/activity

Registration Industries Department

Department Timeline

Issuance of allotment order 15 days

Possession of plot/shed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Timelines for approvals and clearances

Source: Economic Survey of Maharashtra 2014-15


COST OF DOING BUSINESS IN MAHARASHTRA

Cost parameter Cost estimate Source

Land (per sq m) Commercial: US$ 0.2 to US$ 1,158.3

Industrial: US$ 0.2 to US$ 579.2 Maharashtra Industrial Development Corporation (MIDC)

Power (per kWh)

Domestic: 4.5-16 cents

Commercial: 11.7-23.5 cents

Agricultural: 4.3 cents

Industrial: 8.8-19.97 cents

Economic Survey 2015-16

Labour (per day) US$ 1.2 to US$ 6 Ministry of Labour and Employment, Government of

India, Wage Rates July 1, 2015 to Dec 31, 2015

5-star hotel room (single

occupancy, per night) US$ 97-US$ 220 Maharashtra Tourism Development Corporation

As per the World Bank and Department of Industrial Policy and Promotion (DIPP) report - Assessment of State Implementation of Business

Reforms 2016, the state ranked 10th in the Ease of Doing Business Index.


STATE ACTS & POLICIES … (1/4)

Maharashtra Tourism

Policy 2016

Designate Tourism as a priority sector since it holds the potential to usher in economic development and generate

high employment opportunities in Maharashtra.

Achieve sector growth of 10% per annum and share of 15% in GSDP through tourism and tourism related

activities.

Generate fresh investments in the tourism sector to the tune of US$ 4.58 billion by 2025.

Create 1 million additional jobs in the tourism sector by 2025

To attract IT investments across the State, and incentivize IT industry at all district headquarters in the State by

providing additional incentives and continue to provide usual incentives as per the IT / ITES Policy – 2009

To promote the development of special fields of application of IT such as animation, visual effects, gaming and

comics.

Maharashtra IT/ITeS

Policy 2015

Objectives

To increase power production from renewable sources by 14,400 MW and from solar power projects by 7,500 MW.

From renewable sources, power generation of 5000 MW is targeted from wind power projects, 1000 MW from

sugarcane waste/agricultural remedial projects, 400 MW from small hydro projects, 300 MW from agricultural

waste power generation projects and 200 MW from industrial waste power generation projects

The policy progress would be headed by the Principal Secretary, Energy

Maharashtra Renewable

Energy Policy 2015

Read more

Read more

Read more

https://www.maharashtratourism.gov.in/docs/default-source/tourism-policy-2016/mtdc-tourism-policy-2016.pdf?sfvrsn=2 target =

https://www.maharashtra.gov.in/Site/upload/WhatsNew/DRAFT_IT_ITES_POLICY_2014_MH_23-12-2014F -vhk - Sanitised - website.pdf

http://reconnectenergy.com/blog/2015/07/maharashtra-renewable-energy-policy-2015/



Organic Farming Policy

2013

To promote and encourage organic farming in Maharashtra by allocating a minimum 10% of the land for organic

faming activity

To provide organic pesticides and fertilizers and increase the awareness amongst farmers about organic faming

through lectures

To attract investment of US$ 82.946 billion by the end of 2018 and create 2 million job opportunities

To focus on the areas of Maharashtra that are less developed in comparison with mainstream industrially

developed areas and retain the state as industrial investment leader

Industrial Policy of

Maharashtra 2013-2018

Objectives

To generate low income housing by making it mandatory for private developers, with residential plot sizes of 4,000

square metres and above, to reserve 20% of the land for low income groups

The reserved land or constructed flats would be handed over to the state housing agency, Maharashtra Housing

and Area Development Authority (MHADA)

Housing Policy 2013-

2018

Textile Policy of

Maharashtra, 2011–17

To lay special emphasis on raising processing units at various levels, from cotton to manufacturing textiles, to

assure long term development by giving support to the industries associated with manufacturing of textiles

To develop the e- governance sector of the state and take it towards m- governance, by enabling the citizens to

avail the services online

To enable the government to function more efficiently and develop a paper less environment

e-Governance Policy of

Maharashtra - 2011

Read more

Read more

Read more

Read more

Read more

http://www.thehindubusinessline.com/news/states/maharashtra-formulates-special-policy-for-organic-farming/article4369407.ece

http://www.auric.city/pdf/maharashtra-industrial-policy-highlights.pdf

http://www.credaimaharashtra.org/download/quick-links/maharashtra-state-housing-policy-2012.pdf

http://www.progressivemaharashtra.com/attachments/012_TextilesPolicyGoM201117.pdf

https://www.maharashtra.gov.in/PDF/e_governance_policy.pdf



Tourism Policy 2006

To promote tourism and develop hospitality infrastructure with private sector participation in the state for a period of

ten years or until substituted by new policy

To encourage public-private partnership (PPP) mode for development of tourist destinations

To help in the growth of SEZs (duty free enclave) in the state in order to promote rapid industrial development and

job opportunities

To attract foreign & domestic investments for infrastructure development in the state

Special Economic Zone

(SEZ) Policy 2002

Objectives

To emphasise on child development of orphans, destitute, homeless and deviated in a planned, structured and

disciplined manner

To aid prevention of sexual exploitation and trafficking of children

To provide free education and entertainment facilities

Child Development

Policy 2002

To develop six non major ports in Maharashtra by developing greenfield ports, multi-purpose jetties and cargo

terminals, in order to aid import and export and coastal shipping of goods State Port Policy 2010

Water Policy 2002 To focus on optimal use of water resources coupled with sustainable development, in order to provide economic

and social benefits to the people of the state. Read more

Read more

Read more

Read more

Read more

http://www.pravinkolhe.com/pdf/state_water_policy/state_water_policy-2002-Eng.pdf

http://www.unipune.ac.in/dept/mental_moral_and_social_science/politics_and_public_administration/ppa_webfiles/pdf/link_reading_material_guiri_kopardekar.pdf

http://www.sezindia.nic.in/writereaddata/statePolicies/maharashtrapolicy.pdf

http://www.maharashtratourism.gov.in/mtdc/HTML/Maharashtratourism/images/PDF/TourismPolicy_2006.pdf

https://www.maharashtratourism.gov.in/mtdc/tourism-policy

https://mahammb.maharashtra.gov.in/Site/Upload/Pdf/New Port Policy GR 2016.pdf



To develop and make the state biotechnology industry globally competitive, the government announced various

fiscal and non fiscal incentives for biotechnology units

To develop infrastructure, that is biotechnology parks and research bases

Maharashtra

Biotechnology Policy

2001

Objectives

To develop grape processing industry in the state, and creating better employment opportunities

To encourage wine industry be setting up wine parks in the state

Grapes Processing

Industry Policy 2001

Read more

Read more

Upcoming Policies

Electric Vehicles Policy

Financial technology (Fintech) Policy

Textile Policy

Public Cloud Policy

http://www.midcindia.org/Lists/Policies Circulars and Notification/Attachments/5/GrapesProcessingIndustryPolicy,2001.pdf

https://maitri.mahaonline.gov.in/PDF/Grapes_Processing_Industry_Policy_2001.pdf

http://mahaudyog.in/?q=content/maharashtra-biotechnology-policy


EXCHANGE RATES

Source: Reserve Bank of India

Year INR equivalent of one US$

2004-05 44.81

2005-06 44.14

2006-07 45.14

2007-08 40.27

2008-09 46.14

2009-10 47.42

2010-11 45.62

2011-12 46.88

2012-13 54.31

2013-14 60.28

2014-15 60.28

2015-16 65.46

2016-17 67.09

Q1 2017-18 64.46

Q2 2017-18 64.29

Q3 2017-18 64.74

Exchange Rates (Fiscal Year)


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Documents

MAHARASHTRA · BANDRA-WORLI SEA LINK, MUMBAI, MAHARASHTRA Table of Content Executive Summary .…………….….…….3 Advantage Maharashtra ………………….5 State Vision