|
INDIAN STATE : MAHARASTRA
General information
The state of Maharashtra is located in the north centre
of peninsular India with the Arabian Sea through its
port at Mumbai and the Sahyadri range being the physical
backbone. The state enjoys a tropical monsoon climate
with the hot scorching summer from March onwards yields
to the rainy monsoon in early June. The name Maharashtra
means the 'The Great State' or 'Great Nation'. Maharashtra
is the largest state in India, both in terms of area
as well as population. Maharashtra spans 308000 sq.
km. with a population over 78,937,000 and the state
language being Marathi, and Mumbai being the state capital.
Maharashtra has always led the country's industrial
development scenario and continues to attract the largest
quantum of investments, both domestic and foreign. The
State has established strengths in every sector including
engineering, electronics hardware, automobiles and auto
components, consumer durables, chemicals, petrochemicals,
pharmaceuticals, textiles, information technology, and
biotechnology. The state offers the finest in Infrastructure,
excellent educational facilities, quality trained manpower,
a professional work ethic and a conducive business environment.
Fact File
| Geographical Area |
3.08 (lakh sq. km) |
| Capital |
Mumbai |
| Population (2001 Census) |
In lakhs 968.79 |
| Net State Domestic Product at
Current Prices (2004-05)(As on Feb 2006) |
3,28, 451
(Rs Crores)
US$ 71.1972 bn |
| Per capita NSDP (state Income)
at Current Prices for 2004-2005 (As on Feb 2006) |
Rs 32170
(US$ 697.285) |
| Percentage of State Population
to All India Population |
9.42 |
Literacy Percentage
Male Literacy·
Female Literacy |
76.88%
85.97%
67.03% |
| Principal Language |
Marathi, English |
Source: Economic Survey of Maharashtra (2005-06)
Advantage Maharashtra
- Maharashtra has led the country's industrial development
scenario, in the past and continues to attract the
largest quantum of investments, both on the domestic
and foreign arena.
- The State has established strengths in every sector
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, quality trained manpower and
professional work ethics.
Ø The Jawaharlal Nehru Port Trust (JNPT) is
the pride of India and is well connected to the markets
of Southern, Northern & Western India.
- Mumbai is considered the financial capital of India.
- The Mumbai international airport handles the largest
traffic (Passenger and Cargo).
- The state of Maharashtra has surpassed the Tenth
Five Year Plan target of 8.0 per cent GSDP growth.
The annual average growth of GSDP is expected to be
8.4 per cent during first four years i.e. (2002-2006)
of the Tenth Five Year Plan.
- There has been a continuous and subdued 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 per cent.
- The robust Industrial and Service Sectors growth
have also been the driving force behind Maharashtra's
commendable economic growth rate.
Ø 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 organized
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, the State capital and commercial capital
of India.
Economic Infrastructure
Aviation
Maharashtra has five domestic airports and one international
airport at Mumbai. Most of these airports have regular
connections through the Indian Airlines and other domestic
airlines. Mumbai is the most connected international
airport in India and most of the important international
destinations are connected with this place. Maharashtra
has domestic airports at Mumbai, Pune, Auranagabad,
Nashik, Nagpur respectively and one International airport
at Mumbai. The Mumbai airport is being modernized by
private players and the GVK-South African Airports combine
have bagged the airport project.
The Govt. of Maharashtra along with the Ministry of
Civil Aviation, Govt. of India has taken the step of
developing the existing airport at Nagpur to international
Standards with the following features:
- International hub airport - 1200 Hectares
- An existing airport in the center of India with
3200 x 45 meters runway to be extended to 4000 x 60
meters to meet international standards.
- Provision for additional runway of 4000 x 60 meters
in future.
- Ultimate space for parking 50 aircrafts in the terminal
and 50 aircrafts remote.
- Provision for Aircraft Engineering and Maintenance
base (MRO on 100 Hectares).
- Airport Terminal; a semi-circular terminal building
of 3,00,000 sqm. to be developed in phases.
- The most conductive weather dynamics for an airport.
Navi Mumbai International Airport is being developed
on BOOT basis with public-private partnership. The salient
features of this airport will be:
- Designed to accommodate the new large aircrafts
compatible with 4-F aerodrome code.
- To be spread on 950 hectares, it is envisaged as
"Greenfield" international airports.
- 2 parallel runways for simultaneous operations.
- Full-length taxiways on either side of the runways
Power
The Maharashtra state has the highest installed capacity
of 12,909 MW in the country. During 2005-06, the generation
of electricity in the state up to end of December 2005
was 50,489 million KWH.
Finance
In respect of deposits (23 per cent) and gross credits
(32 per cent) of scheduled commercial banks in the country
as on 30th September 2005, Maharashtra stands first
in India. As on 31st December 2005, there were 39 mutual
funds registered in India with the total assets of Rs.2,
00,209 crore of which 33 were registered in Maharashtra.
The net amount mobilized by 33 funds during 2005-06
up to December was Rs. 26,467 crore.
Maharashtra State Financial Corporation (MSFC)
Maharashtra State Financial Corporation (MSFC) is a
statutory Corporation set up under the State Financial
Corporations (SFCs) Act, 1951 to provide mainly the
term loan assistance to small and medium scale industries
for acquiring fixed assets like land, building, plant
& machinery. Loans are presently extended for expansion,
diversification, technology development, enlarging product
mix / product range, quality improvement including ISO
9000 series certifications and also for take-over of
term loan accounts from Banks.
Ports
The state of Maharashtra has two major ports at Mumbai
and Nhava Sheva (JNPT) and 48 minor ports across the
coastline of the state.
Performance of the Mumbai Port
|
|
Nov, 2005
|
Nov, 2006
(Prov.)
|
April-Nov, 2005
|
April-Nov, 2006
(Prov.)
|
2005-06
|
|
|
543
|
495
|
4439
|
3711
|
6787
|
|
No.
of ships sailed after cargo operation (Excluding
Stream Vessels)
|
141
|
135
|
1170
|
1188
|
1770
|
|
Traffic (in million tonnes)
|
|
POL
|
1.88
|
2.70
|
17.88
|
20.44
|
27.78
|
|
Non-POL
|
1.50
|
1.53
|
11.55
|
13.23
|
16.41
|
|
Total
|
3.38
|
4.23
|
29.43
|
33.67
|
44.19
|
|
Container Traffic (In TEUs)
|
13283
|
8806
|
111894
|
89427
|
156122
|
|
ICD (In TEUs) –Moved by Railway only
|
324
|
62
|
10410
|
1636
|
11076
|
|
Average time spent at berth (Days)
|
|
Liquid Bulk
|
1.32
|
1.53
|
1.42
|
1.50
|
1.42
|
|
i) POL
|
1.49
|
1.65
|
1.55
|
1.61
|
1.55
|
|
ii) Others
|
0.94
|
1.11
|
1.19
|
1.25
|
1.77
|
|
Dry Bulk
|
5.06
|
8.33
|
9.50
|
12.65
|
8.90
|
|
|
1.44
|
1.45
|
1.64
|
1.46
|
1.52
|
|
General Cargo
|
2.90
|
3.34
|
4.01
|
4.34
|
3.72
|
|
All Vessels
|
2.04
|
2.49
|
2.73
|
2.99
|
2.64
|
|
Average Pre-berthing
detention due to non-availability of berth (Days)
|
|
Liquid Bulk
|
0.39
|
0.34
|
0.28
|
0.25
|
0.27
|
|
i) POL
|
0.32
|
0.21
|
0.21
|
0.16
|
0.22
|
|
ii) Others
|
0.56
|
0.82
|
0.41
|
0.45
|
0.38
|
|
Dry Bulk
|
0.00
|
0.03
|
0.10
|
0.15
|
0.08
|
|
Containers
|
0.21
|
0.18
|
0.12
|
0.12
|
0.10
|
|
General Cargo
|
0.19
|
0.17
|
0.19
|
0.20
|
0.17
|
|
All Vessels
|
0.28
|
0.26
|
0.22
|
0.22
|
0.20
|
|
Average Turn-round
time (Days)
|
|
Liquid Bulk
|
1.79
|
1.96
|
1.77
|
1.83
|
1.77
|
|
i) POL
|
1.89
|
1.95
|
1.82
|
1.85
|
1.84
|
|
ii) Others
|
1.58
|
2.02
|
1.68
|
1.78
|
1.63
|
|
Dry Bulk
|
5.14
|
8.43
|
9.68
|
12.87
|
9.06
|
|
Containers
|
1.74
|
1.31
|
1.85
|
1.66
|
1.71
|
|
General Cargo
|
3.18
|
3.59
|
4.27
|
4.63
|
3.97
|
|
All Vessels
|
2.41
|
2.83
|
3.02
|
3.29
|
2.92
|
|
Average size of
parcel per ship (Tonnes)
|
|
Liquid Bulk
|
29121
|
29779
|
26883
|
29091
|
27793
|
|
i) POL
|
40720
|
37000
|
39263
|
39544
|
39705
|
|
ii) Others
|
3602
|
3785
|
4798
|
4533
|
4573
|
|
Dry Bulk
|
9246
|
18875
|
11254
|
14473
|
11587
|
|
|
|
|
|
|
|
|
i) In tonnes
|
6490
|
7148
|
6785
|
5856
|
6344
|
|
ii) In TEUs
|
390
|
510
|
476
|
447
|
451
|
|
General Cargo
|
6944
|
7635
|
9140
|
8027
|
8462
|
|
All Vessels
|
17001
|
19705
|
17335
|
17991
|
17272
|
|
Average quantum of cargo handled
per ship day (Tonnes)
|
|
Liquid Bulk
|
22100
|
19423
|
18903
|
19361
|
19545
|
|
i) POL
|
27302
|
22418
|
25339
|
24579
|
25617
|
|
ii) Others
|
3851
|
3406
|
4015
|
3618
|
3899
|
|
|
1829
|
2267
|
1184
|
1145
|
1303
|
|
|
|
|
|
|
|
|
i) In
tonnes
|
4514
|
4425
|
4132
|
4024
|
4162
|
|
ii) In TEUs
|
271
|
351
|
290
|
307
|
296
|
|
General Cargo
|
2395
|
2285
|
2281
|
1850
|
2273
|
|
All Vessels
|
8332
|
7906
|
6353
|
5992
|
6552
|
|
Average gangshift
output (tonnes)9
|
|
|
|
|
|
|
i)
General Cargo
|
316.15
|
321.53
|
297.50
|
264.11
|
295.48
|
|
ii)
Container
|
768.75
|
726.90
|
694.05
|
671.74
|
714.76
|
|
iii)
Dry Bulk
|
221.90
|
216.45
|
119.70
|
116.08
|
124.97
|
|
Idle Time at berth (%)
|
|
Liquid Bulk
|
30.24
|
25.05
|
27.70
|
27.55
|
28.39
|
|
i) POL
|
28.25
|
23.52
|
26.81
|
27.13
|
27.28
|
|
ii) Others
|
37.19
|
33.25
|
29.75
|
28.81
|
31.27
|
|
Dry Bulk
|
19.78
|
21.82
|
22.75
|
25.86
|
22.69
|
|
Containers
|
20.93
|
18.18
|
21.96
|
20.15
|
21.95
|
|
General Cargo
|
27.03
|
25.40
|
27.41
|
29.43
|
26.98
|
|
All Vessels
|
27.04
|
24.40
|
26.33
|
27.18
|
26.28
|
|
Percentage Berth Occupancy
|
|
Indira Dock
|
57.96
|
47.40
|
55.42
|
62.67
|
52.93
|
|
Victoria Dock
|
80.64
|
78.80
|
78.70
|
78.87
|
74.30
|
|
Prince's Dock
|
86.84
|
79.13
|
86.67
|
80.95
|
83.61
|
|
Jawahar Dweep
|
40.42
|
52.19
|
42.01
|
48.44
|
42.28
|
|
Pir Pau
|
34.03
|
32.08
|
44.09
|
30.72
|
43.78
|
|
New Pir Pau Pier
|
81.81
|
74.72
|
81.10
|
69.38
|
78.32
|
Nhava Sheva (JNPT)
JNPT is India's most modern, automated and productive
port. It is the only "Millionaire" port of
India, with over 1.3 million TEU's per annum.
The dwell time period for import containers destined
for Container Freight Stations (CFSs) has come down
to less than a day at Jawaharlal Nehru Port Container
Terminal (JNPCT) during the month of November 2006.
The Terminal delivered 21,975 TEUs of import containers
to various CFSs with average dwell time of 0.65 days
against free period of 3 days provided by the Port.
There has also been significant improvement in delivery
of import containers destined for various Inland Container
Depots (ICDs). The Terminal delivered 10,644 TEUs of
ICD containers during the month of Nov 2006 with average
dwell time period of 1.73 days against free period of
15 days provided by the Port. The total pendency of
ICD containers at the end of the month (Nov 2006) was
400 and pendency of import CFS containers was 104.
JN Port handled 36.24 lakh tonnes of total cargo during
the month of Nov 2006. Out of this container traffic
accounted for 33.29 lakh tonnes (2,63,927 TEUs) and
liquid bulk 2.46 lakh tonnes. Remaining 0.48 lakh tonnes
of cargo was cement in the form of dry bulk cargo. The
container traffic at JNPCT was 101,996 TEUs, at NSICT
was 103,971 TEUs and at GTIPL was 57,960 TEUs.
The cumulative traffic at JN Port during the current
financial year 2006-07 (April 06 to Nov 06) is 28.48
million tonnes including 2.08 million TEUs of containers.
During the same period last year the Port handled 24.73
million tonnes of total cargo including 1.73 million
TEUs of containers. Thus during the current financial
year 2006-07, the port has recorded growth of 15.17%
in total traffic and 20.31 % in container traffic over
the same period last year.
Captive Terminals
Key Policy Features
- Construction on BOT basis
- Land and site to be leased for 30 years
- State government not to recover berthing dues.
Concessional wharfage charges to be as per notified
state government rates
The following captive terminals are currently under
operation:
| Location |
Operator |
Cargo |
| Panvel (Ulwa-Belapur)
|
Gujarat Ambuja Cement
Ltd. |
Bulk cement |
| Dharamtar |
Ispat Industries
Ltd. |
- Iron ore
- Clinker
- Coke/Coal
- Sponge iron
|
| Revdanda |
Vikram Ispat Ltd. |
- Iron ore/ pellets/ fine
- Hot Bricketed Iron
- Direct Reduced Iron
|
| Ratnagiri (Pawas-Ranpar) |
Finolex Industries
Co. Ltd. |
|
Major Areas
Auto Industry
The auto sector has played a key role in the industrialization
of the state. Every single segment of the sector including
two and three wheelers, passenger cars and commercial
vehicles is represented in the state. The component
sector also has a very strong presence in the state.
Maharashtra has emerged as a hub for the automobile
sector owing to the following strengths:
- Almost three out of every ten tractors produced
in the country is from Maharashtra.
- Over one third of the tractor industry's installed
capacity is in Maharashtra.
- Over 70 % of Medium and Heavy trucks is produced
in the state.
- Nine out of ten three wheelers are produced in
the state.
- In the case of Multi Utility Vehicles (commonly
referred to as Jeeps) over 80 % of the vehicles sold
in India are made in Maharashtra.
- In the auto component sector, about 80 out of the
402 manufacturers (ACMA members) are located in Maharashtra.
- Maharashtra accounts for nearly 38% of the country's
output of automobiles by value.
- Around 40% of the workforce engaged in the automobile
industry is employed in the state.
Biotechnology
Maharashtra is confident of emerging as a leader in
the biotech sector. It already contributes about 40
percent of the total turnover and 11 percent of the
total value of formulations to the pharmaceutical industry.
Number of leading institutions such as BARC, IIT, TIFR,
UDCT, NCL, NCCS, NIV, NARI, ARI, NEERI, VSI are present
in Mumbai and Pune doing pioneering research work, and
conducting cutting edge research in biomedical, bioinformatics
and biotechnology.
The state has the resources to make the pharmaceutical
industry the 'most preferred destination' and to attract
and accelerate investment in this industry. Maharashtra
already contributes about 40 percent of the total turnover
and 11 percent of the total value of formulations to
the pharmaceutical industry. Most international companies
have their preferences for Maharashtra; these companies
include, among others, Glaxo Wellcome, Novartis, Pfizer,
Johnson & Johnson, Abbott, Hoechst, and Rhone Poulenc.
Financial Incentives biotechnology sector
- Industrial/agricultural power tariff for all Biotechnology
industries
- Agricultural BT Companies will be given power at
agricultural rates
- BT industries exempted from statutory power cuts
- BT Units exemption from electricity duty,
- Captive power generation will be permitted to BT
units
- Sales Tax/VAT on BT products would be decided as
per recommendations of the empowered committee
- BT units will be eligible for all benefits to units
in 'D' area, under the New Package Scheme of Incentives.
- Capital subsidy for small-scale BT units
- Refund of Octroi & similar levies
- New & expansion of BT units will be exempt
from payment of Stamp Duty & Registration.
- 10% of the admissible Stamp Duty payable on property
resulting from amalgamation of BT companies.
- Twice the admissible FSI for BT units in the Parks.
- All BT units will get incentives applicable to
IT units.
- Land at concessional rates to Centres of Excellence
in the BT industry.
Investment Opportunities in the biotechnology sector:
Vaccines
India's huge population makes it among the world's
largest markets for vaccines of all types. India faces
a growing demand for new-generation and combination
vaccines, such as DPT with Hepatitis B, Hepatitis A
and injectable polio vaccine, besides several veterinary
and poultry vaccines. Apart from conventional vaccines,
the r-DNA and nucleic acids vaccines have further market
potentials as and when approved by the regulatory authorities.
Bioactive Therapeutic Proteins
Opportunities exist for speeding up production facilities,
based on licensing and other forms of cross-border relationships
for all therapeutic products approved for marketing
in India, namely Insulin, Alpha, Interferon, Hepatitis
B surface antigen based vaccine, Erythropoietin, Streptokinase,
Chymotrypsin, PGF, GCSF, Gm-CSF, Interleukins and others,
which has grown to US $200 million in 2005.
Agriculture sector
Hybrid seeds, including genetically modified seeds
represent new business opportunities based on yield
improvement, and development of a production base in
bio-pesticides and bio-fertilisers would facilitate
India's entry into the growing organic or natural foods
market. The Genetically Modified crops like corn, cotton,
millet, mustard and other nutritionally improved vegetables
also provide good potential in the agriculture sector.
Contract R&D
The cutting edge of the biotech sector is development
of new products. Indian pharma companies possess competitive
skills in chemical synthesis and process engineering,
which they can leverage to develop new chemical entities,
and with the application of bioinformatics tools, tap
into the high-potential biogenerics segment. Under a
positive IPR regime, the synergies in pharma-biotech
relationships can be successfully turned into an opportunity
for undertaking international contract research in segments
of new drug discovery, clinical trials, and bioinformatics
related services.
The current global spend on outsourced R&D is approximately
US $7 billion and is expected to grow at 30 per cent
per annum for the next 5 years.
Clinical Trials and Outsourcing
A large number of new NCE's under clinical testing
are all products of r-DNA, most of these emanating from
small and medium sized biotech companies. With clinical
trials in India costing less than one-tenth of the levels
in developed markets, clinical research organizations
can seek research and trial projects in India from international
companies, provided they are able to demonstrate practices
and follow up procedures prescribed to meet International
Standards, especially the WHO prescribed Good Clinical
Practices, and even take a lead by harnessing India's
IT strengths to generate all their research reports
and documentation in electronic form as it is becoming
mandatory.
Bioinformatics
Indian bioinformatics companies can play a significant
role in critical areas such as data mining, mapping
and DNA sequencing, besides functional genomics, Proteonics
and molecule design simulation in the US $2 billion
world market for Bioinformatics services. Complex algorithm
writing and the use of computational capacities to study
the 3-D structures of proteins are the main skills brought
into play in this segment. The existing infrastructure
established by DBT in the form of the DICs and sub-DICs
has good potential to be outsourced in the genomic and
proteonic research with large pool of genetic biodiversity
available within the country.
Infrastructure Support Institutions
The growing interest in outsourced research and the
emergence of start-ups has led to a demand for industrial
parks, containing a large number of shared facilities
for research and development, most suited to start-ups
and contract research activities. Key facilities include
clean rooms, gas pipelines, filtered air, wet labs,
high-end computers for bioinformatics and protein modeling
studies, besides customs clearing, patent facilitation
related administrative support. Such parks also provide
opportunities for international co-operation. In the
coming scenario when a large number of states are going
to establish biotechnology parks, the available infrastructure
can be utilized to develop various biotech products.
- Maharashtra Biotechnology Commission
Floriculture
Maharashtra is a major producer of floriculture products
with more than 4000 hectares of area under various flowers.
The major traditional flowers grown in Maharashtra are
rose, chrysanthemum, marigold, jasmine and tuberose
whereas, gladioluses, aster, zinnia, Stacie, lilies,
gerberas and carnations are grown among the non-traditional
flowers.
The principal feature of floriculture development in
the state is setting up of large number of Export Oriented
Units with foreign collaboration and investment. The
climate of Pune, Nashik region, facilitates the setting
up of such unit without heavy investment on environment
control. Several units including Deccan Flora base,
Valplus Biotech, Babna Major, Neha International, Vikram
Greentech, Centure International, Essar Agrotech, Indrayani
Biotech have commenced the production and export of
flowers mainly roses to European and other markets from
Maharashtra.
There are three groups of producers
in Maharashtra in the floriculture sector:
Low Tech Producers: This is the largest group of flower
producers having small land holding in close proximity
to big towns and cities like Mumbai, Pune, Nashik and
Nagpur. According to the rough estimates, there are
100 of growers cultivating on a piece of land, growing
different varieties of traditional flowers (loose flowers)
and occasionally stem flowers. The produce is grown
out doors in the open. They do not have sophisticated
equipment and their family has probably been working
in the same way for many years.
Medium Tech Producers: This group of growers has already
started producing cut flowers. Their basic infrastructure
consists of sheds, nets and primitive green houses but
not sophisticated equipment for cooling, grading, packaging
etc. The major part of this group has received a basic
training. They specialize in different products mainly
for the domestic market, which together with the production
of cut flowers by the low-tech growers widens the selection
available.
High Tech Producers (Export Oriented Units - EOU):
In Maharashtra about 20 to 30 modern Export Oriented
Units (EOUs) have been established with an average area
of 3 to 4 Ha and the total area under green house cultivation
of 70 Ha. Most of these units are located in Pune District
(Talegaon, Lonawala belt). These units are export oriented
with 80 to 95% of their production being earmarked for
export. The remaining 5 to 20%, which has no export
potential mostly because of the poor quality or shorter
strains and off-season production, comes to the local
market. This variation in percentage is determined by
the season.
Food Processing Industry
There is a vast potential for modern food processing
units in the state from the point of view of both:
- Vast agricultural resources (inputs available for
the food processing industry)
- Market for the final product (the state has big
consumption and prosperous market in the cities like
Mumbai, Pune, Nashik, Aurangabad and Nagpur etc.)
Other key drivers of the food processing industry includes
factors such as advancement of science and technology,
globalization and changing eating habits of the people
of the country.
The main food processing industries in the state are
in the sectors of sugar, milk, poultry, rice mill, flour
mill, meat, edible oil, vanspati, fruit and vegetable
units, milk processing units etc.
Rice, wheat, soyabin, jawar, grapes, pomegranates and
mangoes are the main crops that are available in the
state for primary and secondary process. Similarly,
there is a vast potential for development and setting
up processing units for tomatoes, onion, cabbage, okra,
cauliflower. In particular, fruit juice pulp and concentrated
units, winery, distillery, pickles, rice mill, flour
mill, dal mill, soyabin extraction and refining units
etc. can be set up in MIDC Industrial Areas.
Information Technology (IT) and ITeS
India has one of the world's largest educated and English
speaking pools of graduates and post-graduates, with
a variety of technical and non-technical skills.
The country has made tremendous progress in developing
critical infrastructure such as telecommunications;
Internet connectivity; road, rail and air transport;
and power supply.
With the view to becoming the IT center of the world,
the government of Maharashtra has drawn up a comprehensive
and bold IT policy, making it extremely attractive for
companies and entrepreneurs to set up house in the state
with a long term perspective.
IT and ITeS operations in India have consistently delivered
huge cost savings to clients in North America, Europe
and other parts of the world. This is possible due to
the substantially lower costs of skilled manpower, facilities
and infrastructure as compared to similar resources
in the client's home country.
Infrastructure
Vast investment potential exists in sectors such as
power, roads, rail, communication, connectivity, airports
and ports. Further, potential is there for establishment
of gas distribution networks in major industrial areas
in the state to improve availability of cleaner and
cost-effective fuel.
Leather Industry
The state of Maharashtra has the potential to play
a significant role in increasing India's share of international
leather trade. The leather and product industries of
Maharashtra are centered around Mumbai, the inherent
strengths being a comfortable raw material base, skilled
labor and the already well-established leather/ leather
goods industry.
Some of the recent developments in the state of Maharashtra
with respect to the leather industry are:
- Visible signs of international leather industries
shifting their manufacturing bases from Europe to
Asia are imminent.
- Attractive government incentives for value addition
and
- Keenness amongst large industrial houses to invest
in the leather sector.
The Textile Industry
Maharashtra has excellent infrastructure to play a
key role in the growth of the textile Industry. Its
excellent two major ports, many minor ports and the
country's busiest international airport will prove of
strategic importance. The state accounts for about 65
million kg of cotton production, which is 25% of the
country's total. Production of cotton yarn is 272 million
kg, which is 12% of country's total. Further, Maharashtra
has a installed capacity of 16.6 lakh spindles - 17%
of country's total.
Policy Framework
Industrial, Investment and Infrastructure Policy
of Maharashtra 2006
Maharashtra has been in the forefront in sustaining
industrial growth and in creating environment conducive
to industrial development. Investment-friendly industrial
policies, excellent infrastructure and a strong and
productive human resource base have made it a favoured
destination for manufacturing, export and financial
service sectors. It has achieved 7.1% average growth
in the last decade. The State's economy has shown increasing
signs of maturity. Its services sector contributes 61%
and its industry base contributes 26% of the GSDP. The
State contributes 40% of the National Fiscal receipts.
Furthermore, it has the largest share of public funds
for the development of industrial and social infrastructure.
Objective of the Policy
To achieve higher and sustainable economic growth with
emphasis on balanced regional development and employment
generation through greater private and public investment
in industrial and infrastructure development.
Policy Targets
- Target service sector growth rate of 12% by 2010
and
- Additional employment generation of 20 lakh by
2010
- Target industrial sector growth rate of 10% by
2010
Strategies
The Policy objectives will be realized through the
following strategies:
- Identification of thrust sectors
- Building up of quality infrastructure
- Incentivising investments for employment generation
in districts low on Human Development Index
- Attracting mega investments both foreign and domestic
- Commercial exploitation of local resources and
local economic potential.
- Strengthening the SME sector through promotion
of quality competitiveness, research and development
and technology upgradation
- Nurturing industrial clusters
- Prevention of industrial sickness and revival of
viable sick units
- Smooth exit option for industries
- Streamlining procedures, debottlenecking and creation
of hassle free industry friendly environment
- Strengthening institutional support.
Full
text of the policy
IT and ITES Policy 2003
The main objective of the IT and ITES Policy, 2003
is to make Maharashtra the most favoured destination
for investments in the IT and ITES industry. This is
intended to be achieved by directing the State support
at opening up large scale opportunities of employment
and self-employment, facilitating growth of skilled
and globally employable man-power, unprecedented spurt
in exports, creating hassle-free and industry-friendly,
24 x 7 x 365 working environment, associating urban
local Governments as responsive key stakeholders in
promoting business and enterprise in the IT industry,
and providing a legal framework for data protection
and consumer privacy. This policy has come into force
from 4th June 2003 and will remain in force for a period
of five years.
Full
text of the policy
Biotechnology Policy 2001
Objectives of the Policy
- Provide the farmers of the state with better, high-yielding,
drought and pest-resistant crops suited to the agro-climatic
conditions of the State.
- Help develop affordable and more cost-effective
drugs and devices to counter diseases common to India
and to tropical and sub-tropical areas, and to reduce
the disease burden.
- Develop cheaper and effective technologies to purify
water sources and to deal with industrial effluents
and urban wastes, etc.
- Improve the livestock in the state in order to
increase the earning capacity in rural areas.
- Improve the marine stock to improve the productivity
of the fishing industry.
- Enhance the value and utility of medicinal plants
and traditional systems of medicine by developing
new products with global potential.
- Develop and promote utilization of animal diagnostics
and vaccines for preventing losses and increasing
realization from livestock and poultry.
- Augment feed and fodder availability and processing
- Improve the overall nutritional security in the
State
- Improve the quality of life through better health
and better environment.
Full
text of the policy
Grapes Processing Industry Policy 2001
Maharashtra is a leading state in production of Grapes
in the whole country. In regards to agriculture land
under grapes cultivation & grapes production, Nashik
& Sangli districts are at forefront in the State.
Apart from these, grapes are also grown in the districts
of Ahmednagar, Pune, Satara, Solapur & Osmanabad.
Nowadays, grapes are produced in Latur district of Marathwada
also. However, Nashik and Sangli districts are ahead
in the production of grapes in a scientific manner.
The progressive farmers in these districts have also
entered in the grapes exports and grapes processing
sector. But, major grapes are produced for eating purposes
and limited quantity is utilized for the production
of liquor, dry fruits like raisins, etc. However, as
grapes are of perishable nature, many times when the
production of grapes is much more and sufficient domestic
market is not available for sale of grapes, farmers
have to sustain heavy financial losses. Further, as
process of grapes production basically requires major
capital investment, if sale or exports of grapes is
not possible in time, farmers do suffer a lot. In these
circumstances it was under consideration of government
to declare a independent policy to encourage the grapes
growers to produce more beneficial alternative products
from grapes, other than the dry fruits and table grapes.
Full
text of the policy
Investment Incentives
Investment Incentives as under Industrial Policy
2001
- A number of incentives such as exemption from payment
of electricity duty, stamp duty, registration fees,
refund of octroi duty, entry tax is offered to all
the New industrial units being established in the
backward areas of the state.
- Special capital incentives (grants) are offered
for setting up Small-scale industries (SSI's) in backward
units.
- Interest subsidy is also offered to new textile,
hosiery and knitwear SSI units.
- Khadi and village industries are exempted from
the payment of sales tax.
- Minimum floor rate of sales tax and no return over
tax on IT products
- Stamp duty exemption to industries being set up
in backward areas Establishment of IT/BT Units on
textiles mills in Greater Mumbai.
- Setting up of Special Economic Zones
Investment Incentives as under Biotechnology Policy
2001
- Exemption in stamp duty, permissive for captive
power generation
- Electricity duty exemption, Octroi refund
- Special capital incentives according to the provisions
of the " Package Scheme of Incentives (PSI) 2001
" are awarded to the biotechnology units.
Investment Incentives as under Information Technology
Policy 2003
Fiscal
- 100% Stamp Duty exemption in Public IT Parks ;
75% in Private IT Parks
- 100% exemption from payment of Electricity Duty
- Exemption from payment of Octroi / Entry Taxes
- Double FSI (FAR) for units built in IT Parks
- Lower Property Taxes - same as Residential rates
- Minimal Sales Tax rates on locally procured Capital
goods
- Power supply at 'Industrial rates'
Non-Fiscal
- Permission for 24x7 working hours
- No restrictions on employing women workers at late
hours
- Relaxation of Labour laws and statutory returns
thereon
- BPO units treated as 'Essential Services' &
'Continuous Process' units
- Unlimited captive & backup power generation
permitted
- Permission for IT units in IT Parks to be 'Independent
Power Producers'
- Data Protection & Consumer Privacy Act
Key benefits of 100% Export Oriented Units (EOU)
scheme of STPI
- No Customs Duty on imports of Capital goods &
Consumables
- Excise Duty & Central Sales Tax exemption on
all locally procured items
- 'Net Forex earnings' requirement
- 100% Tax exemption till the financial year 2009-10
Industrial Parks and Centres
Special Economic Zones
| Butibori(Nagpur) |
Dronagiri ( Navi
Mumbai) |
Guhagar ( Ratnagiri) |
| Kagal-Hatkanangale
(Kohlapur) |
Khopta ( Raigad)
|
SEEPZ (Mumbai) |
| Shendra ( Aurangabad) |
Sinnar ( Nashik) |
|
Self Governing Industrial Townships
- Vile Bhagad ( Raigad)
- Talegaon Dabhade ( Pune)
- Shendra ( Aurangabad)
- Nandgaon Peth ( Amravati)
- Tadali ( Chandrapur)
- Additional Sinnar ( Nashik)
- Waluj ( Aurangabad)
- Nanded
- Osmanabad
- Airoli ( Navi Mumbai)
- Hinjawadi ( Pune)
- Additional Latur
- Butibori ( Nagpur)
- Nardhana ( Dhule)
Agro Export Zones
- Nashik
- Solapur
- Satara
- Pune
- Sangli
- Ahmednagar
- Grape Wine Park: Winchur (Nashik)
- Palus (Sangli)
- Food Park: Alkud - Manerajuri (Sangli)
- Floriculture Park - Talegaon (Pune)
- Orange City Park -Nagpur
Other initiatives of the Maharashtra Government include
Floriculture Park, Food Silver Zone, and Textile Park
etc.
Useful Weblinks
Government
of Maharashtra
Maharashtra
IT Parks
Government Department web Directory
|