Highest contribution to India s GDP. Highest FDI in India. India s leading exporter. India s financial and educational hub

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3 Highest contribution to India s GDP Maharashtra s GSDP at current prices was US$ billion in and accounted for 14.6 per cent of India s GDP, the highest among all states. Highest FDI in India Total FDI in the state stood at US$ 66.6 billion from April 2000 to February 2014, the highest among all states in India. India s leading exporter Maharashtra s exports totalled US$ 32.0 billion in (April 2012 to August 2012), accounting for 27.0 per cent of total exports from India. India s financial and educational hub The state s capital, Mumbai, is the commercial capital of India and has evolved into a global financial hub. The city is home to several global banking and financial service firms. Pune, another major city in the state, has emerged as the educational hub.

4 Second-largest producer of cotton With a tentative production of 81 lakh bales over , the state is the second-largest producer of cotton in the country. Industrial powerhouse Maharashtra is the most industrialised state in India and has maintained the leading position in the industrial sector in the country. The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones. Strong auto sector Maharashtra accounts for approximately 38.0 per cent of the country s automobile output 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. OEM Original Equipment Manufacturer

5 FY11 20 Projected GSDP growth rate of 8.2 per cent Trade Growing and commerce demand hub of India Mumbai (Maharashtra) is known as the trade and commerce capital of India. It is also the financial centre of India. Maharashtra has emerged as a key hub for IT and ITeS, electronics and captive business outsourcing industries. Advantage Maharashtra Policy incentives The Government of Maharashtra has several policies in place to set up the right kind of business climate in the state. These policies aim to motivate investors to invest into various sectors in the state, thereby contributing to the overall development of the economy. FY2020E Per capita GSDP US$ 2,394 Rich labour pool Maharashtra has a literacy rate of 82.3 per cent and is home to a number of world class educational and IT institutions. The state has a large base of skilled and industrial labour, making it an ideal destination for knowledge based and manufacturing sectors. Facilitating infrastructure The state has a well developed social, physical and industrial infrastructure. Apart from three international and five domestic airports, the state has two major and 53 minor ports. It also has a well developed power supply grid. Maharashtra's infrastructure sector has grown significantly over the last decade, with a substantial rise in the number of industrial clusters and public private partnership (PPP) projects. Source: India 2020 Outlook, Indian Overseas Bank

6 Expects to achieve double digit growth during the 12 th Five Year Plan. Focus on growth of the manufacturing sector. Creating conducive growth environment. Establishing technical universities for skill development. Providing scholarships to pursue professional courses. Five per cent growth target in the 12 th Five Year Plan. Promoting sustainable development in agriculture by integrating schemes of water shed development, use of technology, enhancing processing capacity and skill development. Promotion of agri-business through PPP for Integrated Agricultural Development (PPP- IAD) and develop market linkages of horticulture. Industrial sector Skill development Agriculture Vision GSDP growth Tourism Infrastructure Maharashtra government targets 11 per cent GSDP growth in the 12 th Five Year Plan. US$ 50.6 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies. Promote religious, adventure and heritage tourism. Training workers in the organised and unorganised sectors related to tourism. 6,026 km of national highway projects. Developing ports by investing approximately US$ 2.4 billion. Source: Confederation of Indian Industry

7 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 Maharashtra is situated in the western region of the country. The state shares borders with Gujarat, Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Karnataka, Goa and the Union Territory of Dadra and Nagar Haveli. On its west is the Arabian Sea. Mumbai, Pune, Nagpur, Thane, Nasik, Solapur, Kolhapur, Sangli, Aurangabad, Amravati and Ratnagiri are some of the major cities of Maharashtra. Capital Mumbai Geographical area (sq km) 307,713 Administrative districts (No) 35 Population density (persons per sq km)* 365 Total population (million)* Male population (million)* 58.2 Female population (million)* 54.1 Sex ratio (females per 1,000 males)* 929 Literacy rate (%)* 82.3 Source: National Portal of India *Final data Census 2011, Economic Survey

8 Parameter Maharashtra All States Source Economy GSDP as a percentage of all states GSDP Average GSDP growth rate (%)* Per capita GSDP (US$) 2, ,414.4 Physical infrastructure Planning Commission Databook, , current prices Planning Commission Databook, to , current prices Planning Commission Databook, to , current prices Installed power capacity (MW) 34, ,488.3 Central Electricity Authority, as of June 2014 Wireless subscribers (No) 103,400, ,157,975 Broadband subscribers (No) 2,355,047^ 65,330,00 National highway length (km) 5,515 79,116 Telecom Regulatory Authority of India, as of May 2014 Ministry of Communications & Information Technology, as of May 2014 Ministry of Road Transport & Highways, March 2013 Major and minor ports (No) Indian Ports Association Airports (No) Airports Authority of India *Calculated in Indian Rupee terms, ^As of December

9 Parameter Maharashtra All States Source Social indicators Literacy rate (%) Census 2011 Birth rate (per 1,000 population) Investment FDI equity inflows (US$ billion) SRS Bulletin ( September 2013 Department of Industrial Policy & Promotion, April 2000 to May 2014 Outstanding investments (US$ billion) ,414.2 CMIE ( ) Industrial infrastructure PPP projects (No) 88 1,339 SEZs (No) Notified as of July 2013, *Combined FDI inflows for Maharashtra, Dadra & Nagar Haveli and Daman & Diu PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System

10 At current prices, the GSDP of Maharashtra was US$ billion in The GSDP expanded at a CAGR of around 16.1* per cent from to GSDP of Maharashtra at current prices (in US$ billion) CAGR: 16.1%* Maharashtra has the highest GSDP amongst all Indian states Source: Planning Commission Databook, June 2014, *CAGR calculated in Rupee terms GSDP - Gross State Domestic Product, CAGR Compound Annual Growth Rate

11 The NSDP of Maharashtra was US$ billion in NSDP of Maharashtra at current prices (in US$ billion) CAGR of Maharashtra s NSDP from to was around 16.3* per cent. Maharashtra has the highest NSDP amongst all Indian states CAGR: 16.3%* Source: Planning Commission Databook, June 2014, *CAGR calculated in Rupee terms NSDP - Net State Domestic Product, CAGR Compound Annual Growth Rate

12 The state s per capita GSDP in was US$ 2, The per capita GSDP has increased at a CAGR of 14.5* per cent between and Per capita GSDP (US$) 2,025 2,253 2,196 CAGR: 14.5%* 1,584 1,500 1, ,059 1,225 Source: Planning Commission Databook, June 2014, *CAGR calculated in Rupee terms

13 The state s per capita NSDP in was US$ 1, Per capita NSDP (US$) The per capita NSDP has increased at a CAGR of 14.6* per cent between and CAGR: 14.6%* 1,828 2,034 1,982 1,434 1,349 1, , Source: Planning Commission Databook, June 2014, *CAGR calculated in Rupee terms

14 Over , the tertiary sector contributed 60.7 per cent to the state s GSDP at current prices, followed by the secondary sector (27.5 per cent). At a CAGR of 16.4* per cent, the tertiary sector has been the fastest growing among the three sectors from to Growth was driven by trade, hotels, real estate, finance, insurance, transport, communications and other services. The secondary sector rose at a CAGR of 15.5* per cent between and It was driven by manufacturing, construction and electricity, gas & water supply. Percentage distribution of GSDP CAGR* % % % Primary Secondary Tertiary The primary sector expanded at a CAGR of 16.3* per cent between and Source: CMIE, *CAGR calculated in Rupee terms

15 During , production of pulses and oil seeds in the state is estimated at 3.4 million tonnes and 5.4 million tonnes, respectively. Sugarcane, cotton, onion, soya bean, banana, jowar (sorghum) and rice are some of the key agricultural products of Maharashtra. Total food grain production in the state is estimated at about 15.4 million tonnes over Fruit production in Maharashtra was around 9.8 million tonnes during Crop Annual production in ( 000 tonnes) Sugarcane 75,384 Cotton 7,543^ Onion 5,867 Soya bean 4,873 Banana 3,600* Jowar (sorghum) 1,981 Rice 2,948 Wheat 1,632 Bajra (millets) 778 Total food grains 15,366 Total oilseeds 5,382 Total pulses 3,447 Source: 2 nd Advanced Estimates of Production of Foodgrains, , Directorate of Economics & Statistics Economic Survey of Maharashtra, , *Indian Horticulture Database 2013, National Horticulture Board, data Reserve Bank of India ^In 000 bales, 170 kg/bale

16 According to the Department of Industrial Policy & Promotion, FDI inflows totalled US$ 67.8 billion* from April 2000 to May Over , outstanding investments in the state were around US$ billion. The services sector accounted for around 37.8 per cent of total outstanding investments, followed by the electricity sector (27.8 per cent). 19.3% Break up of outstanding investments by sector ( ) 2.4% 1.3% 11.5% 37.8% Services Electricity Construction & Real estate Manufacturing Mining 27.8% Others Source: CMIE *Includes Maharashtra, Dadra & Nagar Haveli and Daman & Diu

17 Maharashtra s exports totalled around US$ 76.9 billion over Exports from the state have increased at a CAGR of 16.5* per cent between and Over , the state accounted for 27.0 per cent of the total exports from India CAGR: 16.5%* Exports trends (US$ billion) Major products exported from the state are gems and jewellery, software, textiles, readymade garments, cotton yarn, metal and metal products, agro-based products, engineering items, drugs and pharmaceuticals, and plastic and plastic items. Source: Economic Survey of Maharashtra, *CAGR calculated in Rupee terms + Data is till October 2013

18 Revenue receipts of US$ 28.3 billion and revenue expenditure of US$ 29.2 billion were recorded in Tax relief in essential commodities extended up to 31 March US$ 1,500.0 million was earmarked for subsidies on electricity. Budget Highlights Agriculture Health Industrial Development Infrastructure Education Announcement Additional 25 per cent subsidy limited to US$ 406, in addition to 50 per cent subsidy given by the central government for plastic lining of farm ponds. Outlay of US$ 1,369.2 million for irrigation projects. Rajiv Gandhi Jeevandayee Arogya Yojana extended to entire state with a provision of US$ million. Emergency medical services to be provided with fully equipped ambulances and doctors. Approval to 25 new mega projects with an investment of US$ 1,620.8 million. Provision of US$ million for implementation of Industrial Incentive Scheme. Outlay of US$ million for road development. US$ 65.8 million announced for Backward Region Development Fund. Nagpur metro railway project proposal submitted to central government. Outlay of US$ 27.5 million for airport development and US$ million allocated to Jawaharlal Nehru National Urban Renewal Mission. Plans to establish a technical university for technical and professional courses. Scholarship to approximately 500,000 students every year to pursue professional courses. Source: State Budget , *Assumed exchange rate of 1 US$= INR for

19 The state is well connected to its six neighbouring states and other parts of India through 18 national highways. The 93 km long Mumbai-Pune expressway is India's first six-lane, concrete, high speed, tolled expressway, which connects the state capital and financial hub, Mumbai, with the neighbouring industrial hub, Pune. As of March 2012, 99.0 per cent of villages in the state were connected by all-weather roads. MSRTC has been providing passenger road transport service in the public sector since Road type Road length (km) (As of March 2012) National Highways 5,515.3* State Highways 34,157 Major district roads 50,256 Other district roads 47,529 Village roads 106,601 Total road length 242,919 As of March 2012, the state had a total road length of 242,919 km. The state had a road density of km per 100 sq km of area as of March Source: Economic Survey of Maharashtra, Ministry of Road Transport & Highways MSRTC: Maharashtra State Road Transport Corporation *National Highway Authority of India The Central Government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ million. The government also approved the Jawahar Lal Nehru Port Trust (JNPT) Port road project in Mumbai at a cost of US$ million.

20 The rail transport system of Maharashtra is very well developed. The state is well-connected to other parts of the country with a railway network spanning 5,984 km (including 382 km of Konkan Railway). The Central Railways and the Western Railways, two zones of the Indian Railways, have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate, respectively. The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat, Rajasthan, Madhya Pradesh and Maharashtra. The Western Railways also serves some of the ports on the country s western coast, including the Mumbai port. Konkan Railway connects Mumbai with Mangalore in Karnataka. Maharashtra also has an intra-city/suburban network of railways. The suburban railways carry around 6.94 million passengers every day. MMRDA has undertaken mono rail and metro rail projects in Mumbai, which are at various stages of development. This is the first MRTS project in India being implemented on a PPP format. Metro/mono rail projects Mumbai Metro Rail Project Phase-I: Versova- Andheri-Ghatkoper Phase II: Charkop- Bandra-Mankhurd Phase III: Colaba- Bandra Mumbai Mono Rail Project Jacob Circle to Wadala & Wadala to Chembur Estimated cost (US$ million) Current status In operation 1,810 4, Forest Department clearance and Railway approval awaited Consultant appointed in June per cent work completed. Source: Economic Survey of Maharashtra, , MMRDA: Mumbai Metropolitan Region Development Authority

21 Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III. Important projects with an estimated cost of US$ 9.6 billion and a time horizon of 2031 are: Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel. Third and fourth additional lines between Virar and Dahanu Road, fifth and sixth additional lines between Borivali and Virar, third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat. Extension of Harbour Line from Goregaon to Borivali. Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial & technical aid from Japan, covering an overall distance of 1,483 km between Delhi and Mumbai. The corridor will pass through six states UP, NCR of Delhi, Haryana, Rajasthan, Gujarat and Maharashtra. Name of route Wardha-Nanded (new line) Amravati-Narkhed (new line) Baramati-Lonand (new line) Ahmednagar-Beed- Parli- Vaijnath Pen-Roha (doubling) Baramati-Lonand (new line) Panvel-Pen (doubling) Ongoing railway projects Route length (km) Total estimated cost (US$ million) Panvel-Roha Current status Physical progress 3.5% Completed in July 2012 Physical progress 17% Work of track linking completed upto 11.7 km remaining work is in progress Physical progress 48% Physical progress 95% Physical progress 72% Work is in progress and is expected to be completed in near future Source: Economic Survey of Maharashtra,

22 There are three international and five domestic airports in Maharashtra. International flights operate from the Chhatrapati Shivaji International Airport in Mumbai, Lohegaon Airport in Pune and Dr Ambedkar International Airport in Nagpur. Maharashtra Airport Development Company Limited is developing additional airports in Maharashtra, including Solapur, Shirdi, Gadchiroli, Chandrapur, Amravati and Jalgaon as well as a new international airport at Rajgurunagar (Navin Chakan, Pune). Mumbai airport is one of the busiest airports in India. To reduce congestion at the Mumbai International Airport, an idea for a new airport has been proposed at Navi Mumbai. Total traffic at the Mumbai airport was 21.9 million domestic and 10.3 million international passengers in Total traffic at the Pune airport was 3.2 million domestic and 0.6 million international passengers in An area of 1,268 hectares in the Chakan-Khed area near Pune was cleared in November 2013 for the construction of an airport, which would cater to 60 million passengers annually. International airport Domestic airport AAI: Airports Authority of India

23 Along a coast line of 720 km, there are two principal ports: MbPT and JNPT. In addition, there are 53 minor ports. Minor ports in Maharashtra JNPT is the country's largest container port. MbPT and JNPT handled million tonnes and 48.0 million tonnes of cargo traffic, respectively, over (up to December). JNPT has a container terminal, which has been developed through private investment on a BOT basis. Manori Kalyan Thane Versova Bandra Harnai Dabhol Palshet Borya Jaigad Dahanu Tarapur Nawapur Satpati Kelwa-Mahim Trombay Tiwri-Varoda Arnala The state government has decided to develop minor ports in the state, with the participation of the private sector under the control of Maharashtra Maritime Board. In Phase-I, six minor ports are being developed. Ulwa-Belapur Panvel Mora Mandwa Purnagad Jaitapur Vijaydurg Deogad Datiware Uttan Bassein Bhiwandi The Dhamankhol-Jaigad port has become operational, with two cargo berths in the first phase. The Dighi port is ready for commissioning. Karaja Thal Rewas Bankot Achara Malvan Niwti Vengurla Alibag Revdanda Borli / Mandla Nandgaon A study is being conducted to develop the JNPT port which involves building a cruise terminal, a floating hotel, a Ferris wheel on the lines of the London Eye and marinas and jetties to promote intra-city water transport. Kelshi Sriwardhan Dharamtar Kumbharu Redi Kiranpani Ratnagiri Dighi Murud-Janjira Rajpuri Mandad BOT - Build-Operate-Transfer MbPT - Mumbai Port Trust JNPT - Jawaharlal Nehru Port Trust Source: Indian Ports Association; Economic Survey of Maharashtra,

24 As of April 2014, the state had a total installed power generation capacity of 34,867.37* MW, up from 30,354.0 MW a year ago. Installed power capacity (MW) 34,867 Thermal power contributed 25, MW to the total installed power generation capacity, followed by renewable power (5, MW), hydropower (3, MW) and nuclear power ( MW). 20,415 21,379 22,645 26,142 30,354 The private sector was the major contributor to total installed power generation capacity in Maharashtra with 15, MW of capacity, followed by 12, MW under state utilities and 6, MW under central utilities * Source: Central Electricity Authority *As of April 2014

25 The industrial sector is the largest consumer of electricity, followed by domestic and agriculture. Total electricity consumption in the state was 71,711 million kwh during (up to December 2012). Peak requirement for power in the state stood at 14,048 MW over (up to December 2012). Maharashtra has a potential for generating 9,361 MW through renewable energy sources. As of December 2012, around 53.3 per cent of the state s renewable energy potential is yet to be tapped. In November 2013, Tata Power commissioned additional transmission lines between Kalwa and Salsette, thus reducing its critical loading. During the same month, Reliance Infrastructure commissioned a 311 km Pune-Parli transmission line that will connect key industrial centres of states like Pune, Aurangabad and Beed. In November, Tata Power received clearances for setting up a 1,600 MW coastal Maharashtra power project at Dherand near Alibaug. The project is in the advanced stages of land acquisition. In November 2013, the state cabinet approved a US$ 304 million proposal for setting up new power stations, capacity enhancement of existing power sub-stations and laying of underground power cables in Pune, Nasik, Ojhar, Sinnar, Kolhapur, Panvel and Navi Mumbai. A 600 MW thermal power plant is being set up at Yavatmal district, at a cost of US$ million by Korean South-East Power Company in a joint venture with Jinbhuvish Group of India. Agency Maharashtra State Power Generation Co Limited (MAHAGENCO) Maharashtra State Electricity Transmission Co Limited (MAHATRANSCO) Maharashtra State Electricity Distribution Co Limited (MAHAVITARAN) Responsibility Generation Transmission Distribution Source: Economic Survey of Maharashtra,

26 According to Telecom Regulatory Authority of India (TRAI), there were million wireless subscribers and 5.3 million wire-line subscribers in Maharashtra as of May As of May 2014, the tele-density of Maharashtra was per cent. As of June 2014, the state had 12,612 post offices. Maharashtra has the largest broadband subscriber base in the country. Reliance Jio is planning to launch 4G services in Mumbai and other cities in the state. Telecom infrastructure (May 2014) Wireless subscribers 103,400,943 Wireline subscribers 5,334,304 Broadband subscribers 2,355,047* Post offices 12,612 Teledensity (per cent) Source: Telecom Regulatory Authority of India, May 2014, India Post, Ministry of Communications and Information Technology, *As of December 2011 **As of January 2013 Major telecom operators in Maharashtra Bharat Sanchar Nigam Limited (BSNL) Mahanagar Telephone Nigam Limited (MTNL) Bharti Airtel Idea Cellular Vodafone Essar Reliance Communications Tata Teleservices Aircel Limited Source: Telecom Regulatory Authority of India

27 Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), 80 projects (worth US$ 1.94 billion) have been sanctioned for Greater Mumbai, Nagpur, Nanded, Nasik and Pune as of October As of March 2014, cost of approved projects was US$ 2.8 billion and US$ 1.2 billion was released for projects under JNNRUM. Some of the key areas of development are roads and flyovers, water supply, solid-waste management, drainage/storm water, sewerage and mass rapid transport system. As of March 2014, a total of 60 JNNURM projects were completed in the state. These projects were located in Greater Mumbai, Pune, Nanded, Nasik and Nagpur and were related to roads and flyovers, water supply, solid waste management, development of heritage areas, drainage/storm water drains and urban transport. These projects were approved during As per Census 2011, out of the total households in the state, 67.9 per cent received tap water. Mumbai has a maximum average water supply of 200 LPCD. The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD. NMC has planned to establish a city bus terminal, depot and night parking area in the city and is waiting for funds from the central government under the JNNURM scheme. Under it, the NMC already has got approval for 19 projects worth around US$ 269 million. Source: Department of Environment, Government of Maharashtra, JNNURM, Ministry of Urban Development LPCD: Litres Per Capita Per Day NMC: Nagpur Municipal Corporation

28 Project name Sector PPP type Project cost (US$ million) Stage Modernisation of Mumbai International Airport Airports LDOT Construction Development of an all-weather and multipurpose port at Rewas Ports BOT Construction Mumbai Trans Harbour-Link Roads BOT-Toll 1,094.9 Under bidding Rewas Green Field Port Ports BOT-Toll Under bidding Surat-Dahisar Roads BOT-Toll Construction Mumbai-Pune Expressway Roads BOT-Toll In operation Mumbai Container and Cargo Berth Project Ports BOT-Toll Under bidding Pune Sholapur Package-I Roads BOT-Toll Construction JNPT Third Container Terminal, Gateway Terminals India Private Limited (GTIPL) Development of SDC at Chinchwad by MC Pimpri Chinchwad Construction & maintenance of public toilets by Municipal Corporation, Pune Ports BOT-Toll In operation Municipal infrastructure BOT 3.5 Under implementation Municipal infrastructure BOT 0.01 Under implementation Source: BOT: Build-Operate-Transfer, LDOT: Lease-Develop-Operate-Transfer, SDC: Software Development Centre

29 Some of the operational SEZs in Maharashtra Name/Developer Location Primary industry SEEPZ, MIDC Andheri East, Mumbai Electronics, gems and jewellery Hiranandani Business Park Powai IT/ITeS Infosys Technologies Ltd Mulshi, Pune IT/ITeS Serum Bio-Pharma Park Pune Pharmaceutical and biotechnology EON Kharadi Haveli, Pune IT/ITeS Wipro Hindawadi, Pune IT/ITeS DLF Akruti Hinjewadi, Pune IT/ITeS Maharashtra Airport Development Corporation Mihan, Nagpur Multi-product Dynasty Developers Pune IT/ITeS The Manjari Stud Farm Pune IT/ITeS MIDC Pune IT/ITeS Syntel International Pune IT/ITeS Mangarpatta Township Development and Construction Co Pune Electronics hardware and software MIDC Aurangabad Engineering & electronics Serene Properties Private Limited Thane IT/ITeS Wardha Power Company Pvt Ltd Chandrapur Power sector Source:

30 Some of the SEZs with formal approvals Name/Developer Location Primary industry MIDC Amravati Multi-product Indiabulls Industrial Infrastructure Limited Nasik Multi-product Marathon Pachin Infrastructure Raigad Multi-product MIDC Butibori, Nagpur Textiles MIDC Hinjawadi, Pune IT/ITeS Essel Infraprojects Ltd Navi Mumbai SEZ Pvt Ltd M/s Bajaj Auto Limited Gorai-Manori-Uttan Region, Mumbai Village Ulwe, Navi Mumbai Waluj, Aurangabad Multi-services Multi-services Automobile and automobile Components Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane IT/ITeS Sinima Meadows Limited Raigad Multi-services Source:

31 Some of the SEZs with valid in-principal approvals Name/Developer Location Primary industry Supreme Petrochem Ltd Taluk Roha, Raigad Plastic processing Gitanjali Gems Limited Nanded Gems and jewellery Rewas Ports Limited Rewas, District Raigarh Multi-product Gitanjali Gems Limited Aurangabad Gems and jewellery Jafza Pvt Ltd Raigad Free trade and warehousing zones (FTWZ) Maharashtra Airport Development Company Limited Nagpur Power Maharaja Multitrade Pvt Ltd Igatpuri, District Nasik Multi-services ISPAT Industries Limited Raigad Multi-product Gitanjali Gems Limited Nagpur Multi-product M/s. Chowgule Port & Infrastructure Pvt Ltd Jaigad, District. Ratnagiri, Port-based engineering M/s. Videocon Industries Limited Navi Mumbai Electronic hardware and software Gitanjali Gems Limited Nasik Multi-services Source:

32 Maharashtra s education infrastructure consists of 20 universities, 1,03,262 primary schools, 23,752 secondary and higher secondary schools. The state has 1,074 engineering colleges, with an annual enrolment of 6,37,061 students. There are 766 industrial training institutes (ITIs) and 68 architecture colleges, with an annual enrolment of around 157,523 and 5,921 students, respectively. The state is home to some of the most reputed national R&D institutes, viz., the Centre for Development of Advanced Computing (C-DAC), the Bhabha Atomic Research Centre, the National Environmental Engineering Research Institute, the National Chemical Laboratories and the Tata Institute of Fundamental Research. One of the well known Indian Institutes of Technology (IITs) is located in Mumbai. Pune is also an important education hub of India. Jankidevi Bajaj Gram Vikas Sanstha (JBGVS), the social arm of the Bajaj Group has launched a state-of-the art e- learning project in Maharashtra, with an aim to provide new age learning technologies to 1,000 schools from rural areas in the districts of Pune, Aurangabad, Wardha and Sikar. Education infrastructure ( *) Primary schools 1,03,262 Secondary and higher secondary schools 23,752 Engineering colleges (diploma, graduate and post-graduate) 1074 Industrial Training Institutes (ITIs) 766 Architecture colleges 68 Arts, Science, Commerce & Law Colleges 2,387 Management science 508 Universities 20 Source: Economic Survey of Maharashtra, , University Grants Commission *Provisional Literacy rate (%) in Maharashtra Overall 82.3 Male 88.4 Female 75.9 Source: Census 2011

33 The state has a three-tier public health infrastructure comprising hospitals, primary health centres and health units, community health centres and sub-centres. As of 2012, the number of beds in various public and government aided health institutions in the state totalled 1,19,355; the state had 106 beds per 100,000 population. As of February 2014, Maharashtra had 498* state-level hospitals, 23 district hospitals, 86 sub district hospitals, 458* community health centres, 1,811 primary health centres and 10,580 sub-centres. Health infrastructure (As of February 2014) State level hospitals 498* District hospitals 23 Sub-district hospitals 86 Community health centres 458* Rural hospitals/cottage hospitals 360 Primary health centres 1,811 Sub-centres 10,580 Health indicators of Maharashtra (September 2013) Population served per government hospital 82,264^ Birth rate (per thousand persons) 16.6 Death rate (per thousand persons) 6.3 Infant mortality rate (per thousand live births) 25 Life expectancy at birth (years) Male ( ) 68.9 Female ( ) 72.5 Source: Economic Survey of Maharashtra *As of October 2012 Source: Ministry of Health and Family Welfare, Government of India, Sample Registration System (SRS) Bulletin, September 2013, Economic Survey of Maharashtra, ^As of January 2012

34 Cricket is the prominent sport in Maharashtra. Other popular sports are hockey and tennis. The state has a number of sports stadiums located in Mumbai, Pune and Nagpur. The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai, the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur. The state has a number of entertainment centres and multiplexes. The most famous entertainment centres include Essel World in Thane. The state is also home to almost all major multiplex chains in the country, including PVR Cinemas, Big Cinemas and Fun Cinemas. The state has a number of religious places, including the Siddhi Vinayak temple (Mumbai), Shirdi, Nasik and Sach Khand Shri Huzur Gurdwara (Nanded). The Gateway of India, Ajanta and Ellora caves, Daulatabad Fort and Khandala are the main tourist destinations in the state. The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities; the stadium has a seating capacity of about 36,000. Pune hosted the third Commonwealth Youth Games in October The nine sports included in this programme were athletics, badminton, boxing, shooting, swimming, table tennis, tennis, weightlifting and wrestling. In November 2013, the state government announced plans to invest US$ 33.7 million in PPP mode for creating and upgrading the existing tourist infrastructure in the northern part of the state, including Mangal Mandir in Amalner, Jalgaon district, for religious tourism; Kalsubai peak in the Sahyadri mountain range for trekking in Nasik district, and Bhandardara village in Ahmednagar for lake tourism and recreational boating. Source: Maharashtra Tourism, Government of Maharashtra

35 The resources, policy incentives, infrastructure and climate support investments in the state. MIDC is primarily responsible for the development of industrial infrastructure in the state. MAIDC, founded in 1965, is responsible for development of agro-based units in the state. The Government of Maharashtra is promoting the development of several special economic zones (SEZs) across Maharashtra for sectors such as IT/ITeS, pharmaceuticals, biotechnology, textile, automotive & autocomponents, gems & jewellery and food processing. Maharashtra attracted the highest FDI (US$ 66.6 billion) from April 2000 to February The state s share in proposed investments and employment in India is 9.6 per cent and 19.8 per cent, respectively. MSSIDC was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state. Its main objective is to aid, counsel, assist, finance, protect and promote interests of small industries. In February 2014, Memorandums of Understanding for 32 mega investment proposals worth US$ 3.8 billion were signed by the state government which have the potential to create 20,000 jobs in the state. In October 2013, the state government announced that it is setting up a state innovation council to institutionalise research and development process in the state. Key industries in Maharashtra Pharmaceuticals Biotechnology IT and ITeS Electronics Engineering Auto and auto components Petrochemicals, oil and gas Food & agro processing Gems and jewellery industry Banking, financial services and insurance (BFSI) Textiles MIDC - Maharashtra Industrial Development Corporation MAIDC - Maharashtra Agro Industries Development Corporation MSSIDC - Maharashtra Small Scale Industries Development Corporation

36 Maharashtra accounts for approximately 18.4 per cent of the country s pharmaceutical output by value. As of November 2012, the state had 66 registered biotech units; of which, 50 were MSMEs and 16 were large scale units. Major pharmaceutical units, such as Pfizer, Johnson and Johnson, GlaxoSmithKline, Abbott and Sun Pharmaceutical Industries, have presence in the state. Major opportunities have emerged in the pharmaceutical sector, primarily in the areas of contract research, contract manufacturing and clinical trials. The state has a well developed laboratory, research and development infrastructure and a strong resource pool. Source: midcindia.org MSME: Micro, Small and Medium Enterprises

37 Maharashtra is the base for top bio-agri companies such as Monsanto, Mahyco and Ajeet seeds. The western biotech cluster is India s leading cluster, accounting for 46 per cent of overall revenue of US$ million. Maharashtra is the top contributor (35.04 per cent) to India\s total biotech revenue. Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and India s biotech revenue, respectively. Mumbai (with a revenue of US$ 56.6 million) and Pune (US$ 21.9 million) have made Maharashtra the leading biotech state in India. The Maharashtra government has set up an international biotech park in Hinjewadi, 10 km from Pune. This is the first public-private biotechnology park initiative in the state. Investment opportunities in biotechnology sector Vaccines Bioactive therapeutic proteins Agriculture sector Contract R&D Clinical trials and outsourcing Source: midcindia.org MSME: Micro, Small and Medium Enterprises Emcure Pharmaceuticals plans to invest US$ 38.2 million in setting up three projects in Pune of which US$ 18.8 million would be used to set up a research and development facility; US$ 12.6 million for oncology solid dosage and steroid injectable facility; and US$ 6.8 million for expanding the injectable facility.

38 Maharashtra declared its Biotech Policy in Public biotech parks have been developed in the state at MIDC Jalna and MIDC Hinjewadi (Pune). Five private BT parks are proposed with an investment of about US$ 56 million. Eight BT-SEZs under the public sector are proposed in the state, with an estimated investment of US$ 738 million. This is expected to generate about 94,000 employment opportunities. Registered BT units (up to November 2012) BT units Total units Investment (US$ million) Employment Registered LOI Registered LOI Registered LOI MSME Large Source: Economic Survey of Maharashtra,

39 Key players GlaxoSmithkline Pharmaceuticals Ltd Cipla Ltd Wockhardt Ltd Lupin Ltd GlaxoSmithkline Pharmaceuticals, established in 1924, is one of the oldest players in the Indian pharmaceuticals industry. In 2013, the company earned US$ 430 million in revenues. The company produces medicines that treat major diseases such as asthma, virus control, infections, mental health, diabetes and digestive conditions. The company is also a leader in the important areas of vaccines and is developing new treatments for cancer. GlaxoSmithkline is headquartered in Mumbai, with manufacturing facilities in Nasik and Thane. Cipla is one of the major Indian companies in the pharmaceuticals sector, with revenues of US$ 1.7 billion in It is also one of the oldest players in the sector. The company has manufacturing units at Vikhroli (Mumbai) and Patalganga. Wockhardt, headquartered in Mumbai, is a major player in the integrated healthcare segment. The company s market presence covers formulations, biopharmaceuticals, nutrition products, vaccines and active pharmaceutical ingredients (APIs). In , the company had earned US$ million in revenues. Wockhardt has set up a global scale biopharmaceuticals manufacturing park, the Wockhardt Biotech Park, in Aurangabad. This state-of-the-art complex comprises six dedicated manufacturing facilities, and is designed according to USFDA and EMEA standards. Lupin is one of the significant players and primarily derives its revenue from formulations. Total revenues of the company in were about US$ 1.5 billion. The company has manufacturing plants at Tarapur and Aurangabad. The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ, Nagpur. USFDA: US Food and Drug Administration, EMEA: Europe, the Middle East and Africa

40 IT is one of the top notch sectors in the state, with maximum thrust, development and investment. As a proportion of national GDP, revenues from the IT & ITeS sector in Maharashtra grew to around 7.5 per cent over from 1.2 per cent during Over , Maharashtra accounted for around 23.2 per cent of the country s software exports (made by registered units through STPI) with estimated exports of around US$ 7.6 billion. Software exports were estimated to be around US$ 9.5 billion during The Government of Maharashtra is focusing on providing IT-related infrastructure, fiscal incentives to IT units and an institutional framework for the IT sector. Maharashtra has 37 public IT parks established by MIDC and CIDCO. A total of 479 private IT parks have been approved in the state, of which 122 are functional with an investment of US$ million, thereby creating employment of about 0.32 million. The remaining 357 IT parks, with a proposed investment of US$ 2,208 million, have been given Letters of Intent, and are expected to generate 1.6 million employment opportunities. The prime IT/ITeS clusters are in Greater Mumbai, Pune, Thane, and Nasik. Pune is the leader in business process outsourcing (BPO) services. Pune ranked second in terms of software exports during with exports of US$ 4.9 billion. MIDC: Maharashtra Industrial Development Corporation CIDCO: City and Industrial Development Corporation STPI: Software Technology Parks of India Nasscom and AT Kearney's report Assessment of 50 Leading Cities

41 Infosys Pune complex is the largest facility worldwide for Infosys. TCS has planned to start operations in the Mihan-SEZ, Nagpur, in Aurangabad, Nagpur and Nasik are the emerging IT centres in Maharashtra. The state generates majority of its revenues from the US and Europe. Government initiatives: Additional floor space index for IT parks and recreational, residential and other support facilities would be provided. Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty. IT units would be supplied with power at industrial rates. Property tax shall be levied on IT/ITeS units at par with residential rates. VAT on the sale of IT products would be generally charged at a minimum floor rate. Source: midcindia.org, Nasscom and AT Kearney's report Assessment of 50 Leading Cities

42 Key players Accenture IBM Capgemini Infosys Technologies Ltd Accenture is a global management consulting, technology services and outsourcing company, with around 259,000 people serving clients in more than 120 countries. The company has several development centres across India. It has major operating centres in Mumbai and Pune. IBM is one of the biggest IT solutions and product firms having presence across the globe. The company has a significant presence in India, with centres in Pune. In 2013, it earned revenues of US$ 99.7 billion. Capgemini is a global IT major headquartered in Paris, France, and operates in more than 40 countries. The company provides solutions across all verticals in the industry. It has software centres in Mumbai, Navi Mumbai and Pune. In February 2014, the company opened a new facility at Pune with a seating capacity of 2,800 persons, adding to the 4,000 people it employs at its Pune campus. Infosys is a well-known IT giant, with development centres across India. In , it earned US$ 8.3 billion in revenues. The company has a development centre at Wakad, Pune, and also a BPO centre in the city. Infosys has been allotted land in Mihan-SEZ, Nagpur, and was expected to start construction work in July In the first phase the company will invest US$ 78.8 million to accommodate 5,000 software professionals.

43 Maharashtra occupies an important place in both the production and export of engineering goods from the country. The engineering industry in the state is highly diversified and produces a large range of machine-parts, from industrial machinery to industrial castings and forgings. The industry, which was initially concentrated in the Mumbai-Pune belt, has spread all over the state with the major production centres in Nagpur, Aurangabad, Nasik and Kolhapur. The major engineering items of production and export in Maharashtra are textile mill machinery, machinery for sugar, cement and chemical plants, food processing machinery, construction machinery, tractors, electric power machinery, transmission line towers, automobiles and ship building. Engineering major Bharat Heavy Electricals Ltd (BHEL) plans to set up a new manufacturing facility in Maharashtra for which it would invest US$ 33.2 million. BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra. The greenfield unit is being set up by the company with an initial investment of US$ 92.0 Million and would provide direct employment to about 700 people. It is also setting up a silicon solar cell at Sakoli in the Bhandara district. IL&FS Engineering and Construction Company Ltd has entered the construction business in Mumbai through Orchid Heights, a US$ 114 million residential project at Byculla. Namco Industries has committed to set up an electrical equipment plant at Raigad with an investment of US$ million.

44 Key players Larsen & Toubro Ltd (L&T) Larsen & Toubro Limited (L&T) is a diversified Indian conglomerate with interests in engineering and construction. The company earned US$ 14.1 billion in revenues in L&T is one of the oldest running companies with headquarters in Mumbai. The company has manufacturing facilities at Mumbai and Ahmednagar. Greaves Cotton Ltd Greaves Cotton is one of the oldest and well-diversified engineering companies in India. Its core products include diesel/petrol engines, pump sets, construction equipment and gensets. The company has manufacturing facilities at Chakan, Chinchwad, Chikalthana, Shendra and Waluj. The company earned US$ million in revenues in Siemens Group Siemens Group is a leading inventor, innovator and implementer of leading-edge technologyenabled solutions operating in the core business segments of industry, energy and healthcare. The company is based in Navi Mumbai. In , Siemens India earned revenues of US$ 1.9 billion. ABB ABB is one of the leading engineering companies in the world. The ABB group operates in around 100 countries and employs about 130,000 people. The company offers an extensive array of products and services within power and automation technologies. ABB operations in India include 12 manufacturing facilities, with over 10,355 employees. The company has a manufacturing facility in Mumbai. In 2013, ABB India Ltd earned revenues of US$ 1.3 billion.

45 Maharashtra contributes about 10.4 per cent to India s textiles and apparels output. Maharashtra is the largest cotton producer in India. It accounts for about 65 million kg of cotton production (25 per cent of the country's total production). The state has the largest area under cultivation for cotton (33.6 per cent). Over the period from August 1991 to March 2012, the state witnessed FDI in 122 major textile projects, with an aggregate investment of US$ million. The textile industry is the largest employer in Maharashtra and contributes around 27 per cent to India's total exports. Textile parks, aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity, are being set up in Maharashtra to maintain its leadership position in textile exports and production. Some of the textile parks are the Nardhana Textile Park in Dhule, Butibori (Nagpur) Textile Park and Ambernath Textile Park. The state government plans to set up around 14 textile parks in the state with an investment of US$ 2.9 billion. Maharashtra s textile department plans to generate 15,000 jobs in Vidarbha by offering seven packages with a projected investment of around US$ 331 million. As of March 2014, Maharashtra has received US$ 2.0 billion worth of investment projects in the textile sector over the last one and half years.

46 Government initiatives: 100 per cent FDI is allowed in the textile sector under the automatic route. New Textile Policy lays emphasis on raising processing units at various levels, from cotton to manufacturing textiles, to assure long-term development. On priority are the cotton sector, the textile industry along with employment growth in the state. The policy aims at investing US$ 7.3 billion in the sector between 2012 to The state government would provide financial assistance in a manner that effective rate of interest payable by eligible units would be 0 per cent or 2 per cent. Maharashtra would provide 10 per cent capital subsidy to new textile units in Vidarbha, Marathwada and Khandesh. The state government is taking steps to strengthen the textile industry by establishing textile parks in Nagpur, Dhule and Ambernath. Vidarbha, which has a rich cotton belt, would be developed as a textile manufacturing zone. Source: midcindia.org

47 Key players Raymond Bombay Dyeing Raymond was incorporated in 1925 and is a leading Indian textile major. The company is part of global conglomerate Raymond Group. It generated revenues of US$ million in Raymond was the first in 1959 to introduce a polywool blend in India to creating the world's finest suiting fabric the Super 240s made from superfine 11.6 micron wool. The Bombay Dyeing and Manufacturing Company Limited s textile products include bedding range, bedding accessories, bath linen, hotel linen and industrial fabrics. Product range also consists of bed sheets, bed covers, quilts, duvet covers, dohars, bed in bag sets, blankets, pillow cases, cushion covers, shams, cushions, pillows and bed decor sets, pool towels, bath towels, hand towels and face towels. The company generated revenues of US$ million in S. Kumars S. Kumars is one of India's leading textile and apparel companies. With expertise in multi-fibre manufacturing, the company has extended its presence in multiple product categories from fabrics to apparels and home textiles. Its brands include Reid & Taylor, Belmonte, S.Kumars, Uniformity By Belmonte, Carmichael House and Stephens Brothers. Siyaram s Siyaram Silk Mills, incorporated in 1978, is a leading producer of blended fabrics in India. The company is one of the most renowned vertically integrated textile companies in the country. It operates the widest range of latest machinery in its eco-friendly plants at Tarapur, Daman and Mumbai. The company earned US$ million in revenues for the year ended March 2014.

48 Maharashtra has a strong presence in the petrochemicals, and oil and gas sectors. The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in Mumbai, Nagothane, Rabale and Patalganga are major petrochemical hubs, while Thane, Mumbai, Pune and Wardha are chemical hubs. The state contributes around 27.4 per cent to the country s chemicals, petrochemicals and oil & gas output, and around 15.0 per cent to the total production of basic petrochemical products in India. Opportunities primarily exist in the areas of polymers & plastics, fertilisers and synthetic yarns. Key competitive strength of the state in this industry is the upstream and downstream linkages for raw materials and products. Availability of oil & gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state. Bombay High accounts for over 50 per cent of the country's oil & gas production.

49 Government initiatives: FDI investments in chemicals sector (US$ million) 100 per cent FDI is permissible in the chemical sector. Manufacture of most chemical products inter-alia, covering organic/inorganic, dyestuffs and pesticides, is de-licensed. 2,094 2,150 2,238 2,407 2,998 3,348 3,970 3,780 4,189 Entrepreneurs are allowed to set up chemical industries through the Industrial Entrepreneurs Memorandum (IEM) route. To mitigate the impact of anti-dumping, the government has imposed a 20 per cent safeguard on soda ash. Downstream SEZs have been planned to utilise the output out of chemical parks. Source: CMIE MIDC: Maharashtra Industrial Development Corporation

50 Key players Oil and Natural Gas Corp Hindustan Petroleum Corp Ltd Oil and Natural Gas Corporation ranks as one of the leading oil and gas exploration and production (E&P) companies in the world in the terms of asset value. It is one of the top five companies in India in terms of market capitalisation (US$ 56.1 billion as of 28 July 2014). The company s revenues for stood at US$ 28.9 billion. The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai. It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra. Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna public sector units (PSUs). It is a major refining and oil retailing company in India. HPCL s revenue for was US$ 38.8 billion. It has an oil refining unit on Mumbai s west coast. Bharat Petroleum Corp Ltd Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution, refining, trading and exploration of petroleum. The company s revenues for stood at US$ 43.9 billion. BPCL has a refinery in Mumbai. Reliance Industries Ltd Reliance Industries Limited, with revenues of US$ 72.1 billion for , is the largest private sector firm in India and ranks 99 th on the Fortune 500 list based on revenues. The company has diversified interests in energy, retail, textiles, petrochemicals, infotel and SEZs. Reliance Industries Limited has manufacturing facilities at Nagothane, Nagpur and Pathalganga in Maharashtra.

51 Maharashtra accounts for approximately 38.0 per cent of the country s output of automobiles by value. The major automobile centres in the state include Pune, Nasik, Aurangabad and Nagpur. Pune is the largest auto hub of India with over 4,000 manufacturing units in the Pimpri-Chinchwad region alone. Auto component maker Bosch will invest US$ million to expand its common rail injector capacity for heavy vehicles at its Nashik facility while Tata Auto Component Systems will invest US$ million at its Chakan plant. Automotive hubs in Maharashtra Pune is home to large players like Bajaj Auto Limited, Daimler Chrysler Limited, Tata Motors, etc. Nasik is home to one of India's largest multi-utility vehicle manufacturers Mahindra & Mahindra Limited. Audi India has started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra. New Holland Fiat India plans to invest US$ 185 million to set up a new greenfield plant in the state and enhance its tractor manufacturing capacity by 50 per cent over the next three years. Mercedes Benz.has committed to invest US$ million to increase its plant capacity at Chakan, Pune.

52 ARAI, India's premier automotive R&D, testing and certification organisation is in Pune. It is India s first Auto Cluster Development and Research Institute is in Maharashtra. Nagpur has been identified as the next automobile hub at Advantage Vidarbha Investors Meet 2013: The city is centrally located and has strong educational infrastructure to fulfil the requirements of skilled labour. Nagpur has some unutilised industrial infrastructure in the industrial zones of Butibori and Mihan that can be developed to provide adequate facilities to set up auto units. A mega international class expo centre would be set up in or near Nagpur, and events such as automobiles exhibitions would be held in the city. Investment opportunities in the auto sector Partnership and alliances for auto component sector Vehicle retailing Low cost vehicles CVs to benefit from increasing infrastructure activity and heightened international interest Diversification in two wheeler segment Design centres Auto financing R&D ARAI - Automotive Research Association of India

53 Key players Bajaj Auto Ltd Tata Motors Ltd Force Motors Ltd Mahindra and Mahindra Ltd Bajaj Auto is a major Indian automobile manufacturer. The company is world's fourth-largest two- and three-wheeler manufacturer with revenues of US$ 3.3 billion in The company manufactures and exports scooters, motorcycles and auto rickshaws. The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune, manufactures motorcycles) and Waluj (near Aurangabad, manufactures motorcycles and three-wheelers). Tata Motors Limited is a multinational corporation headquartered in Mumbai, India. It acquired British automotive brands Jaguar and Land Rover in The company is the world s fourth-largest truck and bus manufacturer. Total revenues of the company in were at US$ 38.6 billion. The company has an auto manufacturing and assembly unit at Pune. The Pune unit is spread over two geographical regions Pimpri (800 acres) and Chinchwad (130 acres). Formerly known as Bajaj Tempo, Force Motors is a part of Firodia Enterprise that manufactures multi utility vehicles (MUVs), tractors, sports utility vehicles (SUVs) and light commercial vehicles (LCVs). Matador was a popular LCV manufactured by Force Motors. The company has a manufacturing unit in Pune. Mahindra and Mahindra is one of the major auto manufacturers of India. The company generated US$ 12.3 billion of revenues in The company s products include tractors, SUVs and LCVs. It has manufacturing facilities at Mumbai, Pune, Nagpur and Nasik.

54 Maharashtra is a major trade and tourist destination of India, attracting thousands of tourists from across the world every year. There are many temples in Maharashtra, some of them being hundreds of years old, constructed in a fusion of architectural styles borrowed from north and south India. Maharashtra has its own folk music. Folk musical programmes, such as Gondhal, Lavani, Bharud and Powada, are popular, especially in rural areas. The state is home to the Hindi film industry Bollywood, which produces the largest number of films globally. Maharashtra has a score of pilgrimage destinations, ranging from the ones that revolve around mythology (e.g., Nasik; Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi, Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune. Nasik is one of the four sites of the Kumbh Mela, which is held once in every 12 years. The city is known as the place where Lord Ram spent 14 years in exile. Maharashtra is the first state to declare a tourism district for tourism development. Sindhudurg is the first district in Maharashtra to be declared as a tourism district. The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations. A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1,300 years old cave temple on the little island of Elephanta, a favourite picnic spot.

55 Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state. The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential, coupled with employment potential, for the development of the tourism sector. During , the state sanctioned US$ 17.8 million for thirty projects. Around US$ 12.0 million was released by the state and an expenditure of US$ 3.3 million was incurred. The state government has sanctioned US$ 6.5 million for 13 projects; of which, US$ 2.9 million was given to MTDC during Funds sanctioned by state and expenditure incurred (US$ million) Year Projects Funds sanctioned Amount received Expenditure incurred Source: Economic Survey of Maharashtra In December 2013, MTDC launched the Bollywood Tourism project in Mumbai for a guided tour of the Indian film industry.

56 The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point. The government has taken following steps for setting up committees at various levels: District-level committee under the chairmanship of the District Collector for proposals from SSI units. State-level committee under the chairmanship of Development Commissioner (Industries) for MSI/LSI units. Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals. A common application form (CAF) to be evolved for every applicant seeking to set up an industry and/or expansion unit and development of information system/software to process such applications online. Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district, state and mega projects committees. The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs.

57 Agency Description Contact information Directorate of Industries The work of the Directorate of Industries, Maharashtra state, is mainly confined to the development and progress of largescale, small-scale and cottage industries in the state. The Department of Industries was reorganised and the Directorate of Industries was formed in August Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December, It also assists in the formulation and implementation of various policies and promotional schemes. Development Commissioner of Industries Government of Maharashtra Directorate of Industries New Administrative Building, 2 nd Floor, Opposite Mantralaya, Mumbai Maharashtra Phone: didci@maharashtra.gov.in

58 Agency Description Contact information Maharashtra Agro Industries Development Corporation Limited (MAIDC) The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers, pesticides, agro engineering implements & animal feed to the extent required & at the time of requirement & at competitive rates. Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries, Government of India. In its role as state nodal agency, it scrutinises & forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India. It also helps entrepreneurs in preparing projects, selecting the area, etc. Rajan House 2 nd Floor Prabhadevi Mumbai Phone: md@maidcmumbai.com Website:

59 Agency Description Contact information 1. MIDC s objectives are: Maharashtra Industrial Development Corporation (MIDC) a) To achieve balanced industrial development of Maharashtra with an emphasis on developing parts and underdeveloped parts of the state. b) Help in infrastructural development of each and every district in Maharashtra. c) Facilitate entrepreneurs in setting up industries at various locations. MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land, provision of infrastructure facilities and providing other services to industrial centres. Udyog Sarathi Mahakali Caves Road, Andheri (E) Mumbai Phone: /54/73 Fax: feedback@midcindia.org Website:

60 Approvals and clearances required Respective departments Prior to setting up the unit Registration Allotment of land/shed Permission for land use No-objection certificate under the Water Act, 1974 and the Air Act, 1981 Approval for construction activity and building plan No-objection certificate Development Authority Industrial Development Authorities Pollution Control Board Development Authority Fire Department Provisional Trade Tax registrations Registration under Central Sales Tax Act, 1956 Central and State Excise Departments

61 Approvals and clearances required Respective departments Before commencement of production No-objection certificate under the Water Act, 1974 and the Air Act, 1981 No-objection certificate Pollution Control Board Fire Department Permanent Trade Tax registration under Central Sales Tax Act, 1956 Registration under Central Sales Tax Act, 1956 Central and State Excise Departments After commencement of production/activity Registration Industries Department

62 Cost parameter Cost estimate Source Land (per sq m) Commercial: US$ 0.2 to US$ 1,158.3 Industrial: US$ 0.2 to US$ Maharashtra Industrial Development Corporation (MIDC) Power (per kwh) Commercial: Average US 12.2 cents Agricultural: Average US 3.6 cents Industrial: Average US 8.5 cents Planning Commission Databook, June 2014 Labour (per day) US$ 1.8 to US$ 5.7 Ministry of Labour and Employment, Government of India, Wage Rates February 2014

63 Housing Policy 2013 Objective To generate low income housing from private developers. Read more Organic Farming Policy 2013 Objective To promote and encourage organic farming in Maharashtra. Read more Industrial Policy of Maharashtra, 2013 Objectives To retain Maharashtra as the leader in industrial investment in the country. To create more employment opportunities. Read more

64 Textile Policy of Maharashtra, Objective To lay special emphasis on raising processing units at various levels, from cotton to manufacturing textiles, to assure long term development. Read more Port Policy 2010 Objective To increase the speed of development of greenfield ports, multi-purpose jetties and cargo terminals. Read more Maharashtra IT/ITeS Policy 2009 Objectives To promote investments in the field of IT across the state, particularly in Nagpur, Nasik, Aurangabad and in districts with low human development index (HDI) to exploit the potential of these locations and generate employment. To promote the development of special fields of application of IT such as animation, visual effects, gaming and comics. Read more

65 Tourism Policy 2006 Objective To promote tourism and develop hospitality infrastructure with private sector participation in the state. Read more Special Economic Zone (SEZ) Policy 2006 Objectives To help in the growth of SEZs in the state. To encourage the growth of industries in Maharashtra. Read more Child Development Policy 2002 Objectives To achieve child development in a planned, structured and disciplined manner. The policy covers orphans, destitute, homeless and deviated children. Read more

66 Water Policy 2002 Objective To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state. Read more Grapes Processing Industry Policy 2001 Objective The main objective of the policy is to develop the grape processing industry in the state, thereby, getting high product prices to farmers and creating better employment opportunities in the state. Read more Maharashtra Biotechnology Policy 2001 Objective To develop the biotechnology industry in the state and make it globally competitive. Read more

67 Average exchange rates Year INR equivalent of one US$

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