Maharashtra

World
World Map
Indian-Subcontinent
   

Maharashtra Attractions

Ajanta Caves
Gateway of India
Elephanta Caves

Indian Subcontinent >> India >> Maharashtra >> Economy of Maharashtra

Economy of Maharashtra

Maharashtra is a highly industrialised state, one, which has less than ten percent of the total Indian population but generates nearly one-fourth of the gross value of the Indian industrial sector. It accounts for nearly 40 % of the total tax collections in the country, 14.7% of India’s gross domestic product and 15.1 % of the national income. Mumbai is a major business, commercial and industrial centre, with the headquarters of many national conglomerates and international corporations and banks located here. The Bombay Stock Exchange (BSE) is the premier stock exchange in the country and its sensex is considered to be a valid indication of the financial health and investment trends, not only in the city but also for the entire country.

Mumbai is also Maharashtra’s (and India’s) leading port; it also handles much of the import and export traffic of the country. Mumbai is also famous as the home of Hindi film industry, popularly called Bollywood, a major industry that adds glamour and glitz as well as provides employment and generates megabucks. Pharmaceuticals, Petrochemicals, heavy chemicals, electronics, automobiles, engineering, food processing and plastics are the other major industries in the state. Manufacturing industries are centered in Mumbai and in cities like Nagpur, Nasik, Aurangabad, Sholapur and Kolhapur. Textiles have long been important industry in the state that now is being recognized as the premier centre for electronics. The main crops grown in Maharashtra are sugar cane, cotton, peanuts, tobacco and pulses.


Related Features on Maharashtra
The world’s a big place. So how do you pick the best destinations to travel to in 2014? We have ...
Madhya Pradesh is regarded as the heart of India, and the Pench National Park is situated in the foothills of ...
Half of the travel experience, as any seasoned traveler may know, will take you from one hotel to another. Most ...
Business trips, official tours, family vacations or friends’ outing - travelling is an unavoidable, yet pleasurable part of life. ...
There are very few celebrations that are global in nature, and have trespassed the boundaries of religion and culture and ...
 

Share:         Email


Travel Tools

World Weather World Time Converter
Currency Converter World Holidays & Festival
Travel Health & Tips Travel Insurance
TrainsTravel Features
 


Subscribe
Subscribe
Get the latest and the best on travel
Downloads
Downloads
Free Desktop Calendars!
Facebook
Stay Connected!
Come join our interactive community
Twitter
Quick Updates
Latest News, Deals, Views & more
 
© 2001 - 2014 JourneyMart.com. All rights reserved. Useful Links