Industries of Maharashtra


Economy and Industries in Maharashtra


   
Maharashtra  is  the richest state in India, contributing to major part of the country's industrial output of 15%  and 13% of GDP.  Maharashtra contribute Over 40% of India's national revenue.  Favorable economic policies in the 1970s led to Maharashtra becoming India's leading industrial state in the last quarter of 20th century



    Favorable economic policies in the 1970s led to Maharashtra becoming India's leading industrial state in the last quarter of 20th century Mumbai, the capital of Maharashtra and the business capital of India, houses the headquarters of almost all major banks, financial
institutions, insurance companies and mutual funds in India. India's largest stock exchange Bombay Stock Exchange, the oldest in Asia, is also located in the city. After successes in the information technology in the neighboring states, Maharashtra has set up software parks in Pune, Mumbai, Navi Mumbai, Aurangabad, Nagpur and Nasik, Kolhapur Now Maharashtra is the second largest exporter of software.




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