In this changed scenario of industrial environment, Maharashtra which is the leading industrial state in the country is the best location for starting new industrial ventures and other activities in service sectors. Already, most of the top Indian business houses and groups like Tata, Birla, Bajaj, Godrej, Kirloskar, Mahindra, Goenka, Wadia, and Ambani have their base here. Multinational companies like Lever, Roche, Sandoz, Bayer, Asea, Burroughs Wellcome, Colgate, Proctor and Gamble, Sulzer, Coca Cola, Mico, Kellog, etc. and leading NRIs are operating their plants in Maharashtra, making it the number one industrial State in India.
With less than 10% of the population of the country, Maharashtra accounts for 21% of the gross value of output and 24% of the value added in the organized industrial sector. Manufacturing Sector occupies a prominent position in the economy of Maharashtra. In the year 1994-95 the registered and unregistered manufacturing sectors together contributed 25.4 percent to the total State income, while agriculture contributed 18.9 percent. As against this the All India figure is 16.5 and 30.1 respectively. The State has developed a well diversified industrial base. Maharashtra has strength in various sectors like textiles, sugar, pharmaceutical, petrochemicals, heavy chemicals, electronics, automobiles, engineering, food processing etc. In fact, Maharashtra is a leading manufacturer of a number of products such as three wheelers, jeeps, commercial vehicles, synthetic filament yarn, DMT, cotton yarn, cotton textiles, cold rolled steel products, sugar, industrial alcohol and plastic raw materials.
There are many advantages in considering Maharashtra for planning your investment, some of which are :