The economic infrastructure of the state includes the airports, roads, railways, power, telecom and ports. The social infrastructure includes education and training, health services and tourism.
Maharashtra is the most industrialized state in India with a contribution of 13% towards the national economy. Maharashtra has a booming economy with a Net State Domestic Product (NSDP) of over US$ 35.29 billion in 2003-04. The state has contributed for 20% of the total investment made by the country. Maharashtra accounts for 17% of the state's Foreign Direct Investment. More than 60% of the population of Maharashtra is involved in agriculture and other professions which are indirectly Related to agriculture. Chemical and allied products, electrical and non-electrical machinery, textiles, petroleum and allied products are the main industries in Maharashtra.
Animal Husbandry plays a very important part of the agriculture in Maharashtra. Cattle rearing for milk and milk products, leather and flesh are an important occupation for most of the people living in the state. The agricultural activities in most of the states are still dependent on agriculture. Animal husbandry plays a very important part in the rural economy.
Since animal husbandry is included in the state list, the responsibility of taking care of the cattle belongs to the state. The schemes are Related to sheep development, poultry, piggery, fodder development and livestock health.
Financial Hub of the Country
Mumbai, the capital city of Maharashtra, has been given the name of the financial capital of the country. The gross domestic product of the state is Rs2, 71, 406 crore for the year 2001 - 2002 which accounts for 13% of the national income. Maharashtra is a major industrial hub of the country with booming industries like the textiles, automobiles and chemicals.
Mumbai has a concentration of industries like the chemical industry, the cotton industry, manufacturing, electricity, electrical machinery, transport equipment. Along with the large scale industries there are certain small scale industries like the handloom, power loom, dyeing and printing, blacksmithing, carpentry, pricks and tiles manufacturing, soap making.
The chemical industry in Maharashtra is among the main industries which has an important contribution to the economy of the state. There are many categories of the chemical industries in Maharashtra. They are:
Agrochemicals: agrochemicals include fertilizers which are used for better cultivation of crops. The companies which manufacture agrochemicals are United Phosphorus Limited, Intertrade Exim Aarti Industries Limited Sai Group India and so on .
Petrochemicals: this sector involves the production of emulsifying wax, petroleum jelly, bees wax, liquid paraffin, emulsifying wax and microcrystalline wax. Indian Commercial Co. Ltd., Wax India Musk & Fragrance.
Other chemicals: companies like Spectrum Chemicals, Mumbai, K. K. Chemical Industries, Oceanic Laboratories Pvt. Ltd. produce other types of chemicals like calcium hydro chloride, tin based paper coating system, amino fabric softener, silicone grease etc.
Polymers: polymers include rubber, alpha picolinic acid, rubber chemicals, organic pigments and fillers and the companies which produce such chemicals are K K Chemical Industries Oceanic Laboratories Pvt. Ltd.
Last Updated on 21 May 2013