Economy of Maharashtra - AbsoluteAstronomy.com

Year	Gross Domestic Product (millions of INR)
1980	166,310
1985	296,160
1990	644,330
1995	1,578,180
2000	2,386,720
2005	3,759,150
2011	9,013,300

Maharashtra

Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

's gross state domestic product for 2011 is estimated at in current prices. As of 2010 Maharashtra had a Per Capita Income of $ 1,660, far ahead of national average of $ 1,219 . Maharashtra is third-most urbanised state with urban population of 45% of whole population.

Mumbai, the capital of Maharashtra houses the headquarters of almost all major banks, financial institutions, insurance companies and mutual fund

Mutual fund

A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

s. Within Mumbai is located Bollywood

Bollywood

Bollywood is the informal term popularly used for the Hindi-language film industry based in Mumbai , Maharashtra, India. The term is often incorrectly used to refer to the whole of Indian cinema; it is only a part of the total Indian film industry, which includes other production centers producing...

, the centre of India's Hindi

Hindi

Standard Hindi, or more precisely Modern Standard Hindi, also known as Manak Hindi , High Hindi, Nagari Hindi, and Literary Hindi, is a standardized and sanskritized register of the Hindustani language derived from the Khariboli dialect of Delhi...

film and television industry. India's largest stock exchange Bombay Stock Exchange

Bombay Stock Exchange

The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...

, oldest in Asia, is located in the city. After successes in the information technology

Information technology

Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

in the neighbouring states, Maharashtra has set up software parks in Pune

Pune

Pune , is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula ...

, Mumbai

Mumbai

Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, Navi Mumbai

Navi Mumbai

Navi Mumbai is a Planned Satellite City on the west coast of the Indian state of Maharashtra. It was developed in 1972 as a twin city of Mumbai, and is the largest planned city on the planet, with under the jurisdiction of the Navi Mumbai Municipal Corporation and a total area of . Navi Mumbai...

, Nagpur

Nagpur

Nāgpur is a city and winter capital of the state of Maharashtra, the largest city in central India and third largest city in Maharashtra after Mumbai and Pune...

and Nasik, Aurangabad. Now Maharashtra is the second largest exporter of software with annual exports of 18 000 cr and accounts for more than 30 per cent of the country's software exports, with over 1,200 software units based in the state.
Maharashtra ranks first nationwide

States of India by installed power capacity

This is a list of States and Union Territories of India by installed capacity of power utilities with generation mode break-up as of 31-03-11 by the Ministry of Power with figures in millions of watts ....

in coal-based thermal electricity as well as nuclear electricity generation with national market shares of over 13% and 17% respectively.
Maharashtra is also introducing Jatropha cultivation and has started a project for the identification of suitable sites for Jatropha plantations.
Ralegaon Siddhi is a village in Ahmednagar District

Ahmednagar district

Ahmednagar district is the largest district of Maharashtra state in western India. The historical Ahmednagar city is the headquarters of the district. Ahmednagar was the seat of the Ahmednagar Sultanate of late medieval period . This district is also known for the towns of Shirdi associated with...

that is considered a model of environmental

Natural environment

The natural environment encompasses all living and non-living things occurring naturally on Earth or some region thereof. It is an environment that encompasses the interaction of all living species....

conservation

Conservation ethic

Conservation is an ethic of resource use, allocation, and protection. Its primary focus is upon maintaining the health of the natural world: its, fisheries, habitats, and biological diversity. Secondary focus is on materials conservation and energy conservation, which are seen as important to...

.

Over 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra.

Industry

Maharashtra's is India's leading industrial state contributing 13% of national industrial output. 64.14% of the people are employed in agriculture

Agriculture

Agriculture is the cultivation of animals, plants, fungi and other life forms for food, fiber, and other products used to sustain life. Agriculture was the key implement in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that nurtured the...

and allied activities. Almost 46% of the GSDP is contributed by industry.

Maharashtra has had an immense History in textile

Textile

A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands...

s and Mumbai

Mumbai

city was the original home of India's textile

Textile

mills. Today some of the city's known for textile industry Ichalkaranji

Ichalkaranji

Ichalkaranji is located at . It has an average elevation of 538 metres .Ichalkaranji , lies in the Pancaganga valley about eighteen miles east of Kolhapur and half a mile north of the river. It is six miles southeast of Hatkanangale railway station...

, Malegaon

Malegaon

Malegaon is a city and a Municipal Corporation in the Nashik district in the Indian state of Maharashtra.Malegaon is one of the largest cities in northwest Maharashtra with an estimated population of 12 lakh to 14 lakh...

and Bhiwandi

Bhiwandi

Bhiwandi is a city, in the district of Thane, in the western state of Maharashtra, in India, located 20 km to the north-east of Mumbai and 15 km to the north-east of Thane city...

.

Sugar

Sugar

Sugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...

industry has made considerable progress specially in the co-operative sector. Maharashtra

Maharashtra

Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

is well-known for the development of sugar industry on co-operative lines in which the farmers acquire a share in the sugar

Sugar

mills. Pharmaceuticals, petrochemical

Petrochemical

Petrochemicals are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane....

s, heavy chemicals, electronics

Electronics

Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...

, automobile

Automobile

An automobile, autocar, motor car or car is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor...

s, engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

, food processing

Food processing

Food processing is the set of methods and techniques used to transform raw ingredients into food or to transform food into other forms for consumption by humans or animals either in the home or by the food processing industry...

, and plastic

Plastic

A plastic material is any of a wide range of synthetic or semi-synthetic organic solids used in the manufacture of industrial products. Plastics are typically polymers of high molecular mass, and may contain other substances to improve performance and/or reduce production costs...

s are some of the major industries of the state. Maharashtra is renowned for the production of 3 wheelers, jeep

Jeep

Jeep is an automobile marque of Chrysler . The first Willys Jeeps were produced in 1941 with the first civilian models in 1945, making it the oldest off-road vehicle and sport utility vehicle brand. It inspired a number of other light utility vehicles, such as the Land Rover which is the second...

s, commercial vehicles and car

Čar

Čar is a village in the municipality of Bujanovac, Serbia. According to the 2002 census, the town has a population of 296 people.-References:...

s, synthetic

Synthetic fiber

Synthetic fibers are the result of extensive research by scientists to improve on naturally occurring animal and plant fibers. In general, synthetic fibers are created by forcing, usually through extrusion, fiber forming materials through holes into the air, forming a thread...

fiber

Fiber

Fiber is a class of materials that are continuous filaments or are in discrete elongated pieces, similar to lengths of thread.They are very important in the biology of both plants and animals, for holding tissues together....

s, cold rolled products and industrial alcohol. Small scale industries have also come up in a big way in the state.
The state capital Mumbai

Mumbai

is called as an industrial city. Industrial development in the state is largely concentrated in Mumbai

Mumbai

. The six important industries in the district are cotton textiles, chemicals, machinery, electricals, transport and metallurgy. These industries also provide employment to a considerable number of people in Mumbai

Mumbai

Agriculture

Although Maharashtra

Maharashtra

Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

is a highly industrialized state of India, agriculture continues to be the main occupation of the state. Principal crops include rice

Rice

Rice is the seed of the monocot plants Oryza sativa or Oryza glaberrima . As a cereal grain, it is the most important staple food for a large part of the world's human population, especially in East Asia, Southeast Asia, South Asia, the Middle East, and the West Indies...

, jowar, bajra

Pearl millet

Pearl millet is the most widely grown type of millet. Grown in Africa and the Indian subcontinent since prehistoric times, it is generally accepted that pearl millet originated in Africa and was subsequently introduced into India. The center of diversity, and suggested area of domestication, for...

, wheat

Wheat

Wheat is a cereal grain, originally from the Levant region of the Near East, but now cultivated worldwide. In 2007 world production of wheat was 607 million tons, making it the third most-produced cereal after maize and rice...

, pulse

Pulse

In medicine, one's pulse represents the tactile arterial palpation of the heartbeat by trained fingertips. The pulse may be palpated in any place that allows an artery to be compressed against a bone, such as at the neck , at the wrist , behind the knee , on the inside of the elbow , and near the...

s, turmeric

Turmeric

Turmeric is a rhizomatous herbaceous perennial plant of the ginger family, Zingiberaceae. It is native to tropical South Asia and needs temperatures between 20 °C and 30 °C and a considerable amount of annual rainfall to thrive...

, onions, cotton

Cotton

Cotton is a soft, fluffy staple fiber that grows in a boll, or protective capsule, around the seeds of cotton plants of the genus Gossypium. The fiber is almost pure cellulose. The botanical purpose of cotton fiber is to aid in seed dispersal....

, sugarcane

Sugarcane

Sugarcane refers to any of six to 37 species of tall perennial grasses of the genus Saccharum . Native to the warm temperate to tropical regions of South Asia, they have stout, jointed, fibrous stalks that are rich in sugar, and measure two to six metres tall...

and several oil seeds including groundnut

Peanut

The peanut, or groundnut , is a species in the legume or "bean" family , so it is not a nut. The peanut was probably first cultivated in the valleys of Peru. It is an annual herbaceous plant growing tall...

, sunflower

Sunflower

Sunflower is an annual plant native to the Americas. It possesses a large inflorescence . The sunflower got its name from its huge, fiery blooms, whose shape and image is often used to depict the sun. The sunflower has a rough, hairy stem, broad, coarsely toothed, rough leaves and circular heads...

and soyabean. The state has huge areas, under fruit cultivation of which mango

Mango

The mango is a fleshy stone fruit belonging to the genus Mangifera, consisting of numerous tropical fruiting trees in the flowering plant family Anacardiaceae. The mango is native to India from where it spread all over the world. It is also the most cultivated fruit of the tropical world. While...

es, banana

Banana

Banana is the common name for herbaceous plants of the genus Musa and for the fruit they produce. Bananas come in a variety of sizes and colors when ripe, including yellow, purple, and red....

s, grape

Grape

A grape is a non-climacteric fruit, specifically a berry, that grows on the perennial and deciduous woody vines of the genus Vitis. Grapes can be eaten raw or they can be used for making jam, juice, jelly, vinegar, wine, grape seed extracts, raisins, molasses and grape seed oil. Grapes are also...

s, and oranges

Orange (fruit)

An orange—specifically, the sweet orange—is the citrus Citrus × sinensis and its fruit. It is the most commonly grown tree fruit in the world....

are the main ones. Irrigation

Irrigation

Irrigation may be defined as the science of artificial application of water to the land or soil. It is used to assist in the growing of agricultural crops, maintenance of landscapes, and revegetation of disturbed soils in dry areas and during periods of inadequate rainfall...

facilities are being extended so that agriculture

Agriculture

could be made less dependent upon rain water. The net irrigated area totals 33,500 square kilometres.

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