Maharashtra, located in the northern center of India, is the third largest state covering an area of 307,713 kilometers. It is bounded by Gujarat and Madhya Pradesh to the north, the Arabian Sea to the west, Chhattisgarh to the East, and by Karnataka and Andhra Pradesh to the south. It is situated on the west coast of India, with a 720 kilometer coastline along the Konkan region.
Maharashtra’s industrial sector occupies a prominent position in the state’s economy. Food products, tobacco and related products, cotton textiles, other textile products, paper and paper products, printing and publishing, rubber, plastic, chemical and chemical products, machinery, electronic apparatus and appliances, and transport equipment contribute substantially to the state’s industrial production.
Maharashtra has the highest level of urbanization amongst all Indian states. It has been identified as India’s powerhouse with Mumbai as the center of India’s financial and commercial markets. As the commercial and financial hub of India, Mumbai attracts a large number of foreign investors. Pune, the second largest city in Maharashtra, is the state’s cultural capital and is rapidly maturing into a prime industrial town in its own right.
Read the rest of this article for more information about Maharashtra, including business opportunities available and the infrastructure in place.
If your business requires professional advice about operating in Maharashtra, please contact Dezan Shira & Associates.
