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Maharashtra-August-2013.Pdf Highest contribution to • Maharashtra’s GSDP at current prices was US$ 260.4 billion in 2011-12 and accounted for 15.4 per cent of India’s total GDP, the highest among all states. The state’s GSDP at India’s GDP constant prices is estimated at US$ 155.3 billion in 2012-13. Highest FDI in India • Total FDI in the state stood at US$ 62.8 billion from April 2000 to February 2013, the highest among all states in India. India’s leading exporter • Maharashtra’s exports totalled US$ 32.04 billion in 2012-13 (April 2012 to August 2012), accounting for 27.0 per cent of total exports from India. Financial and • The state’s capital, Mumbai, is the commercial capital of India and has evolved into a educational hub of India global financial hub. It is home to several global banking and financial services firms. Pune, another major city in the state, has emerged as the educational hub. Second largest • With a tentative production of 6.9 billion tonnes over 2012-13, the state is the second producer of cotton largest producer of cotton in the country. • Maharashtra is the most industrialised state in India and has maintained a leading position Industrial powerhouse in the industrial sector in India. The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones. • Maharashtra accounts for approximately 38.0 per cent of the country’s automobile output Strong auto sector by value. Pune is the largest auto hub of India, with over 4,000 manufacturing units just in the Pimpri-Chinchwad region. The state also has the largest base of local OEMs. Note: OEM – Original Equipment Manufacturer FY2010 TradeGrowing and commerce demand hub of Policy incentives FY2020E India • The Government of Maharashtra has several policies in place to set up the Per capita • Mumbai (Maharashtra) is known as right kind of business climate in the Per capita GSDP US$ the trade and commerce capital of state. GSDP US$ India. It is also the financial centre of 1,476. India. • These policies aim to motivate 2,394. investors to invest into various sectors • Maharashtra has emerged as a key in the state, thereby contributing to hub for IT and ITeS, electronics and the overall development of the captive business outsourcing economy. industries. Advantage Maharashtra Rich labour pool Facilitating infrastructure • The engineering sector is delicensed; • Maharashtra has a literacy rate of • The100 perstate cent has FDI a well is allowed-developed in the social, 82.9 per cent and is home to a physicalsector and industrial infrastructure. number of world-class educational Apart from three international and five and IT institutions. domestic airports, the state has two • Due to policy support, there was • The state has a large base of skilled major and 53 minor ports. It also has a wellcumulative developed FDI powerof USD14.0 supply billion grid. into and industrial labour, making it an the sector over April 2000 – February ideal destination for the knowledge- • Maharashtra's infrastructure sector has based and manufacturing sectors. experienced2012, making significant up 8.6 per growth cent ofover total the lastFDI intodecade, the countrywith a substantial in that period rise in the number of industrial clusters and PPP projects. Source: India 2020 Outlook, Indian Overseas Bank 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. Parameters Maharashtra Capital Mumbai Geographical area (sq km) 307,713 Administrative districts (No) 35 Population density (persons per sq 365 Maharashtra is situated in the western region of the country. km)* The state shares its borders with Gujarat, Madhya Pradesh, Total population (million)* 112.4 Chhattisgarh, Andhra Pradesh, Karnataka, Goa and the Union Territory of Dadra and Nagar Haveli. On its west is Male population (million)* 58.4 the Arabian Sea. Female population (million)* 54.0 Sex ratio (females per 1,000 males)* 923 Mumbai, Pune, Nagpur, Thane, Nasik, Solapur, Kolhapur, Sangli, Aurangabad, Amravati and Ratnagiri are some of Literacy rate (%)* 82.9 the major cities of Maharashtra. Sources: National Portal of India – www.india.gov.in, *Provisional data – Census 2011, Economic Survey 2012-13 Parameter Maharashtra All-States Source Economy Planning Commission Databook, 2012-13, GSDP as a percentage of all states’ GSDP 14.9* 100 current prices Planning Commission Databook, 2004-05 to Average GSDP growth rate (%)** 14.2 15.6 2012-13, current prices Planning Commission Databook, 2004-05 to Per capita GSDP (US$) 2,293.0* 1,414.2 2012-13, current prices Physical infrastructure Installed power capacity (MW) 30,354.0 225,133.1 Central Electricity Authority, as of May 2013 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 68,400,365 867,803,583 March 2013 Ministry of Communications & Information Broadband subscribers (No) 2,355,047^ 15,050,000 Technology, as of March 2013 National Highway length (km) 4,376 79,116 National Highways Authority of India Major and minor ports (No) 2 + 53 13+187 Indian Ports Association Airports (No) 8 133 Airports Authority of India *In 2011-12, **Calculated in Indian rupee terms, ^As of December 2011-12 Parameter Maharashtra All-States Source Social indicators Literacy rate (%) 82.9 74.0 Provisional data – Census 2011 Birth rate (per 1,000 population) 16.7 21.8 SRS Bulletin (www.censusindia.gov.in), 2012 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 63.3 193.3 April 2000 to March 2013 Outstanding investments (US$ billion) 1,093.07 10,499.2 CMIE (2012-13) Industrial infrastructure PPP projects (No) 88 881 www.pppindiadatabase.com SEZs (No) 64 386 Notified as of March 2013, www.sezindia.nic.in *Combined FDI inflows for Maharashtra, Dadra & Nagar Haveli and Daman & Diu PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System At current prices, the GSDP of Maharashtra was US$ 260.4 GSDP of Maharashtra at current prices (in US$ billion) billion in 2011-12. 260.4 The GSDP grew at a CAGR of around 15.9* per cent from 234.4 CAGR: 2004-05 to 2011-12. 15.9%* 183.0 170.1 164.2 Maharashtra has the highest GSDP amongst all the Indian 129.0 states. 109.9 92.4 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 Source: CMIE *CAGR calculated in rupee terms Note: GSDP - Gross State Domestic Product, CAGR – Compound Annual Growth Rate The NSDP of Maharashtra was US$ 240.0 billion in 2011- NSDP of Maharashtra at current prices (in US$ billion) 12. 240.0 215.5 The CAGR of Maharashtra’s NSDP from 2004-05 to 2011- CAGR: 16.5%* 12 was at around 16.5* per cent. 166.1 154.0 147.6 116.3 Maharashtra has the highest NSDP amongst all the Indian 82.3 98.7 states. 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 Source: CMIE *CAGR calculated in rupee terms Note: NSDP - Net State Domestic Product, CAGR – Compound Annual Growth Rate The state’s per capita GSDP in 2011-12 was US$ 2,293.0. Per capita GSDP (US$) 2,293 The per capita GSDP has increased at a CAGR of 14.2* per 2,092 CAGR: cent between 2004-05 and 2011-12. 14.2%* 1,657 1,586 1,508 1,221 1,055 901 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 Source: CMIE *CAGR calculated in rupee terms The state’s per capita NSDP in 2011-12 was US$ 2,113.3. Per capita NSDP (US$) The per capita NSDP has increased at a CAGR of 14.8* per 2,113 cent between 2004-05 and 2011-12. CAGR: 1,924 14.8%* 1,435 1,504 1,356 1,101 803 948 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 Source: CMIE *CAGR calculated in rupee terms Over 2011-12, the tertiary sector contributed 59.5 per cent Percentage distribution of GSDP to the state’s GSDP at current prices, followed by the secondary sector (28.0 per cent). CAGR* At a CAGR of 17.9* per cent, the primary sector has been 59.6 16.3% 59.5 the fastest growing among the three sectors from 2004-05 to 2011-12. 15.7% The secondary sector rose at a CAGR of 15.7* per cent 29.6 28.0 between 2004-05 and 2011-12. It was driven by 17.9% manufacturing, construction and electricity, gas & water 10.4 12.4 supply. 2004-05 2011-12 The tertiary sector expanded at a CAGR of 16.3* per cent Primary Secondary Tertiary between 2004-05 and 2011-12. Growth was driven by trade, hotels, real estate, finance, insurance, transport, Source: Economic Survey of Maharashtra, 2012-13 communications and other services. *CAGR calculated in rupee terms During 2012-13, the total production of pulses and oilseeds Annual production in in the state was 1.2 million tonnes and 5.0 million tonnes, Crop respectively. 2012-13 (‘000 tonnes) Sugarcane 59,689 Sugarcane, cotton, onion, soya bean, banana, jowar Cotton 6,935^ (sorghum) and rice are some of the key agricultural products of Maharashtra. Onion 4,546 Soya bean 4,749 Total food grain production in the state was about 7.3 Banana 4,100 million tonnes over 2012-13. Jowar (sorghum) 990 Overall fruit production in Maharashtra was around 10.8 Rice 2,993 million tonnes during 2010-11.
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