Maharashtra

Maharashtra is India’s economic powerhouse, home to the economic capital of Mumbai and the source of a significant source of the central government’s tax revenues. Thanks in large part to the many industries located in the state and progressive government policies, since the early 2000s, the state remains a top destination for investors in a range of sectors.  But the massive state also embodies many of India’s contradictions; its eastern reaches are remote, prone to drought, and deeply poor. The current government is seeking to bring development to those areas while not neglecting the needs of its urban centers including the megacity of Mumbai.

State Policies

Solar Policy: Unconventional Energy Generation Policy (2020) and Solar Energy Policy (2020) (in Marathi)

Electric Mobility Policy: Electric Vehicle Policy (2021)

Industry Policy: Industrial Policy (2019)

State Summary

  • Size
    118,809 sq. miles
  • Population
    112.4 million
  • State GDP
    $233.41 billion (USD)
  • Legislative Assembly Seats
    288
  • Rajya Sabha Seats
    19
  • Lok Sabha Seats
    48
  • Party Affiliation
    Shiv Sena (SS), Nationalist Congress Party (NCP)
    Indian National Congress (INC)
Compressed Natural Gas (CNG) taxis are driven past Chhatrapati Shivaji (Victoria) Terminus train station in Mumbai. (SAJJAD HUSSAIN/AFP/Getty Images)
Under construction residential buildings rise into the skyline of Mumbai. (PUNIT PARANJPE/AFP/Getty Images)

Left: Compressed Natural Gas (CNG) taxis are driven past Chhatrapati Shivaji (Victoria) Terminus train station in Mumbai. (SAJJAD HUSSAIN/AFP/Getty Images)

Compressed Natural Gas (CNG) taxis are driven past Chhatrapati Shivaji (Victoria) Terminus train station in Mumbai. (SAJJAD HUSSAIN/AFP/Getty Images)

Right: Under construction residential buildings rise into the skyline of Mumbai. (PUNIT PARANJPE/AFP/Getty Images)

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