Maharashtra is the most industrialized state in India with a contribution of 13% towards the national economy. Maharashtra has a booming economy with a Net State Domestic Product (NSDP) of over US$ 35.29 billion in 2003-04. The state has contributed for 20% of the total investment made by the country. Maharashtra accounts for 17% of the state’s Foreign Direct Investment. More than 60% of the population of Maharashtra is involved in agriculture and other professions which are indirectly related to agriculture.
Chemical and allied products, electrical and non-electrical machinery, textiles, petroleum and allied products are the main industries in Maharashtra. Other industries which have an important contribution include metal products, wine, jewellery, pharmaceuticals, engineering goods, machine tools, steel and iron castings and plastic wares. The most advantageous fact for the development of industry in Maharashtra is the availability of oil and gas which has encouraged the development of industries in the state.
New economic policies are being implemented to meet the standards of the new and globalized market. Maharashtra has seen some major achievements as far as industrial development go. It has sanctioned 33 mega projects worth Rs.32, 000 crore. Apart from that 49 IT parks have been set up and renowned companies are making investments here. To meet the growing need for power the state has approved the highest number of SEZs. The main industries of Maharashtra are:
Chemicals
Petrochemicals
Oil & Gas
Engineering
Automobile
Plastic Industry
Textiles
Food Processing
Tourism
