Maharashtra Industrial and Economic Development Association
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About Maharashtra
  • Maharashtra has led the country's industrial development scenario in the past and continues to attract the largest quantum of investments, both from the domestic and foreign investors.
  • The State has established strong hold in many sectors including Engineering, Electronics, Hardware, Automobiles and Auto Components, Consumer Durables, Chemicals, Petrochemicals, Pharmaceuticals, Information Technology and Biotechnology.
  • It offers a conducive business environment, excellent infrastructure support, trained quality manpower and professional work ethics.
  • Mumbai, the capital of Maharashtra is considered as the financial and commercial capital of India.
  • There has been a continuous performance of 'Agriculture & Allied Activities' Sector over the last few years, which has reflected positively in the growth of the state's GSDP.
  • Acceleration in the rate of growth of Agriculture can easily take Maharashtra to the growth rate of 10%
  • The robust Industrial and Service Sectors growth have also been the driving force behind Maharashtra's commendable economic growth rate.
  • The largest share of public funds amongst any other States for development of industrial and social infrastructure - a hallmark of State policy.
  • Contributes 22% of India's net value added in organised industrial sector. 40% of India's Internet users are in Maharashtra and the State accounts for around 30% of software exports.
  • 70 percent of India's stock transactions are carried out in Mumbai.
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The Association is a Private Organisation and Registered Under Section 25 of The Indian Companies Act, 1956.
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