Leading IndiaLeading India

GOLDENMAHARASHTRA

GOLDENMAHARASHTRA

0 5,000 10,000 15,000 20,000 25,000

Russia

India

Mexico

Brazil

China

CanadaItaly

FranceUK

Germany

Japan

US

GDP (US$bn)

Growth prognosis - year 2000 vs. year 2020

Growth prognosis - year 2000 vs. year 2020

Goldman Sachs Goldman Sachs -- By 2020 IndiaBy 2020 India’’s economy will be the 3s economy will be the 3rdrd largestlargest

2nd fastest growing economy in the world

7.4% GDP growthForex reserves more than $ 200 billionLow inflation

India is amongst the world’s top 10 economies!

India- EU Trade

• Grown from Euro 4.4 billion in 1980 to over

Euro 50 billion at present.

• India is EU’s 9th largest trading partner in Asia.

• Major exports to EU: textiles , gems & jewelry ,

leather goods, agro products and chemicals.

• Major imports: machinery and chemical products.

• EU FDI commitment in India stands at approximately

Euro 2.4 billion.

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Advantage Maharashtra

India’s 2nd largest State

308,000 sq kms, from coast to central India

110 m people (9%), more than most countries

42% Urban, against India’s 28%

Young, 67% below 34 years

Literacy 77% (India: 65%), sharp increase in

female literacy in last decade

LARGE, LITERATE AND URBANIZED

13% of National Income, India’s largest economy Per Capita Income 45% higher than national

average 9% average growth in last 4 years (slowdown, 08-09: 6.7%, high by world standards )

INDIA’S ECONOMIC POWERHOUSE

Maturing economy: growing services (62%),

strong industry base (25%)

4.8% industrial growth 08-09 (7.5% in 07-08)…

Services continue to grow at over 10%

INDIA’S ECONOMIC POWERHOUSE

Maharashtra’s Capital - Mumbai is India’s Financial Capital

Mumbai amongst world’s top 10 financial centres(Study - Mastercard Worldwide 2007)

Generates 5% of India’s GDP BSE & NSE account for over 70% of the volume across

all stock exchanges in IndiaOver 90% of commodities turnover transactions

executed from NCDEX & MCX Headquarters of Reserve Bank, FIs, MNCsHandles 90% of all merchant banking activitiesTime Zone – is an added advantage Centre of entertainment – Bollywood

• 25 % Country’s exports• 22 % of Export Oriented Units • 77 % of country’s Gems and Jewellry exports• 25 % of Country’s IT exports • 14% of all factory employment

Leads in value of output in 15 out of 25 Industry sectors including auto and components, machinery, food products, basic metalsIndia’s largest total and non-farm employment provider

Maharashtra : INDIA’S ECONOMIC POWERHOUSE

Industrial leadership

Highest FDI in country: 4133 proposals with investment of USD 18 Billion

Industrial Investment: 15250 projects with investment of USD 106 Billion under implementation. 6500 units in operation with USD 30 billion invested.

1/5 of India’s fresh investment (Apr–June 09)

Implementation rate 51%, 2-12 %age points above leading States, rising trend

17% of Foreign Technical Collaborations

33% share in Biotech revenue of the country.

LEADS IN PROJECT INVESTMENT

PEOPLE POWER

13% of India’s engineering colleges, 1/5th of

management colleges, spread across State

Over 200,000 annual student intake in

professional, technical and related institutions

Innovative industry partnerships with ITIs,

polytechnics

Higher Education In Maharashtra

1 Number Of Universities 122 Deemed & Other

Universities19

3 Affiliated Colleges 17124 University Students 1 Mln.

Type Of Courses Institutes Intake

1 Post Graduate 478 34000

2 Degree 462 98000

3 Diploma 839 98000

4 Industrial Training 624 98000

Emerging areas of technical education

• Automobile design and manufacturing• E-supply chain management• Enterprise application management• Data warehousing• Aviation• Insurance services• Content management

BT Policy

Wine Policy

IT & ITES Policy

Mega Project Policy

Industrial, Investment & Infrastructure

Policy

Industrial Promotion Policy

POLICIES IN PLACE

IT AND ITES

• 36 IT Parks in Public Sector and 380 in the Private

Sector

• 32% of country’s IT Professionals

• 32% of Internet Subscribers

• 35% PC penetration

• 20% of Software Exports

• 25% of the Top 500 Software Companies present

Auto & Auto Components: 38% of country's

output

Engineering: 23.1%

Textiles: 10.4%

IT & ITES: 30% of software exports

Pharmaceuticals: 40 %

Chemicals & Petrochemicals: 27.4 %

SOME KEY INDUSTRIES

Mega projects policy

•Mega status granted based on the magnitude of investment and employment

• Industrially backward areas have preferential norms

• Incentives relate to investments and to taxes paid to State.

SEZ & Designated Areas legislation

Textile Policy

Agro Processing Policy

Legal framework for PPP in

Infrastructure

Law for single window, time-bound

clearances

POLICIES IN MAKING

Providing a conducive environment for investments

VAT

• E returns under M VAT Act introduced for all dealers. (highest in the country).• Registration (TIN) process automated

Property registrations:

• Complete computerization of the existing property registration process• Anywhere anytime property registration process under development.

• Integrated e-Governance project under implementation.

The vision going ahead …

Ensure GSDP growth in manufacturing and services sector of minimum 10 & 12% respectively

Develop Maharashtra as Asia’s most competitive manufacturing and services hub

Develop Mumbai to be amongst the top 5 financial centres in the world

Provide employment opportunities to additional 2 million persons

Retain the number 1 position of Maharashtra as the most attractive investment destination

Ranked ahead of Brazil, Italy, Korea, South

Africa and Russia (IMD Switzerland’s ‘World

Competitiveness Report 2006’)

“India’s most competitive State”(‘Businessworld’ 23.2.09, with Institute for

Competitiveness, Gurgaon)

WHAT OTHERS SAY

“Maharashtra tops Indian States, best

industrial climate for investment” (followed by

Gujarat, TN and AP) (‘New Media’, with Indicus

Analytics, August 09)

“ Maharashtra has 20.6 % of Investment Of

India ( Highest ) “ RBI Report on Investment

2008-09 published in Sept. 2009

WHAT OTHERS SAY