Industries in Maharashtra
Industries in Maharashtra
o Abundant natural resources – Minerals like coal, limestone, manganese ore, bauxite,
iron ore, dolomite, laterite, kyanite, fluorite (graded), chromite, silica sand, quartz, etc. are
abundantly deposited throughout the state of Maharashtra.
o Availability of power- The major components of the physical infrastructure that serve as
the engines of the Maharashtra economy are the availability of sufficient electricity and
power.
o Interstate connectivity- Maharashtra has excellent transportation connections to all
other states, both nearby and far away. Pune, Mumbai, Nagpur, and Navi Mumbai all
have metro rail projects at varying degrees of completion.
o Presence of Air Transport- The three international airports in Maharashtra are Mumbai
(Chhatrapati Shivaji Maharaj International Airport), Nagpur, and Pune. Additional
domestic airports are located in Mumbai, Pune, Nagpur, Aurangabad, Kolhapur, Juhu,
Solapur, and Nanded.
o Availability of Financial Services- Scheduled Commercial Banks (SCBs) have 11284
scheduled banking offices in Maharashtra, making up about 9% of all SCB banking offices
in India. In comparison to the national average, the state has a higher population served
per bank office.
o Presence of Large Market – The metropolitan areas of Maharashtra offer sizable
markets with a variety of consumer demands, giving the much-needed impetus for
manufacturing activity expansion and innovation.
o Presence of ‘Smart Cities’ – Maharashtra has ten of the 100 cities included in the
government's Smart Cities Mission.
Textile Sector The state's largest employer is the textile Industries in o Nandurbar
Maharashtra. It is where the cotton textile industry in o Kholapur
maharashtra is most extensively seen. Maharashtra is home o Thane
to more than half of the 2.5 million power looms in use in o Nanded
India, including those in Bhiwandi, Malegaon, Ichalkaranji, o Pune
Sholapur, Nagpur, and other textile hubs. o Parbhani
o Nashik
o Aurangabad
o Sholapur
o Yavatmal
o Beed
o Wardha
o Amravati
o Jalgaon
o Buldhana
o Nagpur
Pharmaceutical The Industries in Maharashtra are top exporter. One of such o Pune
Sector industry is Pharmaceutical Sector. Despite tax vacations o Nashik
given by other states, it boasts the most US-approved plants o Aurangabad
in India and the most pharmaceutical units. o Mumbai
o Thane
It also has the leading pharmaceutical firms in the nation.
Defence Sector Under the "Make in India" initiative, the Indian government o Pune
is working to reduce defense imports while making India a o Nagpur
global hub for offsets, supply chain sourcing, software o Aurangabad
development, and offsets. o Mumbai
o Nashik
This will improve our defense capabilities and promote o
industrial growth as well as exports in this industry.
IT Sector After Karnataka, Maharashtra is the country's second-largest o Mumbai
exporter of IT and ITES. o Pune
o Amravati
o Nashik
More than 20% of the country's software exports come from o Latur
Maharashtra. o Sholapur
o Sangli
The majority of the more than USD 8 billion in IT export o Kholapur
comes from Pune and Mumbai combined. o Ahmednagar
o Satara
o Nagpur
o Aurangabad
Chemical Maharashtra is one of the top states in India for having the o Ambernath
Sector most chemical industries and manufacturing. o Badalapur
o Kurkumbh
Almost 17% of the nation's chemical production is produced o Mahad
in the state. o Lote
Parshuram
It is home to roughly 17% of India's chemical production as o Taloja
well as 16% of all chemical industries. o Tarapur
o Butibori
o Dombivali,
o Patalganga
o Roha
o Kalyan
o Bhiwandi
Automobiles With a 21% market share in India, it is the dominant market o Mumbai
Sector sector. In terms of value, Maharashtra produces about o Aurangabad
38.0% of the autos in the nation. o Nashik
o Pune
o Nagpur.
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Special Economic Zone(SEZ) In Maharashtra
[महाराष्ट्रात गिशेष आगथिक क्षेत्र]
o The SEZ Policy has been established by the Maharashtra State Government in
order to create Special Economic Zones there.
o The SEZs, designated as duty-free enclaves, have a liberal and business-
friendly regulatory environment with the goal of fostering quick industrial
growth and job creation.
o Exemption from all state and local taxes and levies for transactions with the
SEZ and for supplies from domestic tariff regions to the SEZ is part of the
approved policy regime.
o Exemption from the payment of registration and stamp taxes
o Granting of licenses and approvals relating to labor and the environment
through a designated single window procedure
o Permission to produce power for personal use
o Rapid land acquisition for the creation of SEZs
o Maharashtra's SEZ program offers the following alluring incentives:
o Permission for captive power generation with a 100% exemption from stamp
duty and registration fees.