Economic Survey of Maharashtra 2020-21 8 Industry and Co-Operation 8
Economic Survey of Maharashtra 2020-21 8 Industry and Co-operation 8. INDUSTRY AND CO-OPERATION INDUSTRY 8.1 Maharashtra, one of the most industrialised state in India, has established strengths across all sectors of industry. The State has always remained at forefront and formulated various sector specific policies, introduced regulatory initiatives, organised various events, drafted incentives, etc time and again in a bid to boost economic activities. The State is offering a ready-to-move-in factory environment complete with advanced utilities and affordable price. The State is also set to roll out a single permission system for new industrial units. The Covid-19 pandemic has caused severe impact on the State economy. The State has focused to bring on track the sectors which have been adversely affected by the pandemic. Industrial scenario in the State 8.2 The State is an industrial hub and has been contributing majorly to the growth of the national economy. The economy of Maharashtra is mainly driven by manufacturing, finance, international trade, mass media, technology, petroleum, fashion, apparel, gems & jewellery, IT & ITES and tourism. The State has well developed industrial ecosystem for industries viz. automobile (Pune and Aurangabad region), Electronic Systems Design & Manufacturing (Pune region), Pharmaceuticals & Chemicals (Mumbai-Thane, Aurangabad & Pune region), Engineering (Ahmednagar-Nashik, Pune & Aurangabad region), Textile (Solapur-Pune, Nagpur & Amravati region), Food Processing (Solapur-Pune, Ahmednagar-Nashik, Nagpur & Amravati region), Logistics (Mumbai-Thane and Nagpur & Amravati region), Cement & Steel industry (Vidarbha- Marathwada region) and IT & ITES (Mumbai-Thane, Pune, Nagpur & Amravati region). The State has the largest number of large and mega projects in the country.
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