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Introduction to Maharashtra Information

Maharashtra is one of the most industrialized states of India, it occupies the western and central parts of the country and extends over the Sahyadri mountains; a vast stretch of 720 kilometers of the Arabian sea coast providing it a beautiful backdrop. The present state of Maharashtra was formed on May 1, 1960 on uni-lingual principle by carving it out of the erstwhile Mumbai state, which included the predominantly Marathi-speaking areas as the former princely state of Hyderabad as well as the Central Provinces and Berar.

Maharashtra is situated in the western region of the country. The state shares borders with Gujarat, Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Karnataka, Goa and the Union Territory of Dadra and Nagar Haveli.

Maharashtra’s gross state domestic product (GSDP) accounted for 12.98 per cent of India’s gross domestic product (GDP) in 2015-16, the highest among all states. The GSDP grew at a CAGR of around 11.3 per cent between 2004-05 and 2015-16 to reach US$ 300.51 billion. The net state domestic product (NSDP) grew at a CAGR of around 11.1 per cent between 2004-05 and 2015-16 to reach US$ 263.6 billion.

The state's capital, Mumbai, is the commercial capital of India and has evolved into a global financial hub. The city is home to several global banking and financial service firms. Pune, another major city in the state, has emerged as the educational hub. Maharashtra has emerged as a key hub for IT and ITeS, electronics and captive business outsourcing industries.