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1 1 For updated information, please visit www.ibef.org MAHARASHTRA GATEWAY TO INDIA AUGUST 2015
Transcript

1 1 For updated information please visit wwwibeforg

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

2 2

Executive Summary helliphelliphelliphelliphelliphelliphelliphellip 3

Advantage Maharashtra helliphelliphelliphelliphellip 5

State Vision helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip 6

Maharashtra ndash An Introduction helliphelliphellip 7

Annual Budget 2014ndash15 18

Infrastructure Status helliphelliphelliphelliphelliphelliphellip 19

Business Opportunities helliphelliphelliphelliphelliphellip 36

Doing Business in Maharashtra helliphellip 64

State Acts amp Policies helliphelliphelliphelliphelliphellip 65

For updated information please visit wwwibeforg

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

3 3 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (12)

Highest contribution to Indiarsquos GDP

bull Maharashtrarsquos GSDP at current prices was US$ 2648 billion in 2014-15 and accounted for 1298 per cent of Indiarsquos GDP the highest among all states

Highest FDI in India bull Total FDI in the state stood at US$ 7312 billion from April 2000 to March 2015 the

highest among all states in India

Largest Container Port bull Jawaharlal Nehru Port Trust is the largest port in India in terms of container traffic In

2013-14 the port handled cargo traffic of 62333 lakh metric tonnes which increased to 63802 lakh metric tonnes in 2014-15

Indiarsquos financial and educational hub

bull The statersquos 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 GATEWAY TO INDIA

AUGUST 2015

Source Central Statistics Office TechSci Estimates Department of Industrial Policy amp Promotion Indian Port Association

Including Daman amp Diu and Dadra amp Nagar Haveli

4 4 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Largest producer of grapes and

pomegranate

bull Maharashtra is the largest producer of grapes and pomegranates in the country In 2014-15 production of grapes and pomegranates was 2160 thousand tonnes and 9450 thousand tonnes respectively

Industrial powerhouse bull Maharashtra is the most industrialised state in India and has maintained the leading

position in the industrial sector in the country The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones

Strong cotton production

bull With a tentative production of 85 lakh bales over 2014-15 the state is the second-largest producer of cotton in the country

AUGUST 2015

Source Ministry of Agriculture News Articles

5 5 For updated information please visit wwwibeforg

Source Government of Maharashtra

Growing demand Trade and commerce hub of India

bull Mumbai (Maharashtra) is known as the trade and commerce capital of India It is also the financial centre of India

bull Maharashtra has emerged as a key hub for IT and ITeS electronics and captive business outsourcing industries

Policy incentives

bull The Government of Maharashtra has several policies in place to set up the right kind of business climate

bull These policies aim to motivate investors to invest into various sectors in the state thereby contributing to the overall development of the economy

Facilitating infrastructure

bull The state has a well developed social physical and industrial infrastructure Apart from four international and seven domestic airports the state has two major and 53 minor ports It also has a well developed power supply grid

bull Maharashtras infrastructure sector has grown significantly over the last decade with a substantial rise in the number of industrial clusters and Public Private Partnership (PPP) projects

Rich labour pool

bull Maharashtra has a literacy rate of 823 per cent and is home to a number of world class educational and IT institutions

bull The state has a large base of skilled and industrial labour making it an ideal destination for knowledge based and manufacturing sectors

2014-15

GSDP of the state was US$

2648 billion

2014-15

Per capita GSDP was US$ 2242

Advantage Maharashtra

ADVANTAGE MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

2 2

Executive Summary helliphelliphelliphelliphelliphelliphelliphellip 3

Advantage Maharashtra helliphelliphelliphelliphellip 5

State Vision helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip 6

Maharashtra ndash An Introduction helliphelliphellip 7

Annual Budget 2014ndash15 18

Infrastructure Status helliphelliphelliphelliphelliphelliphellip 19

Business Opportunities helliphelliphelliphelliphelliphellip 36

Doing Business in Maharashtra helliphellip 64

State Acts amp Policies helliphelliphelliphelliphelliphellip 65

For updated information please visit wwwibeforg

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

3 3 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (12)

Highest contribution to Indiarsquos GDP

bull Maharashtrarsquos GSDP at current prices was US$ 2648 billion in 2014-15 and accounted for 1298 per cent of Indiarsquos GDP the highest among all states

Highest FDI in India bull Total FDI in the state stood at US$ 7312 billion from April 2000 to March 2015 the

highest among all states in India

Largest Container Port bull Jawaharlal Nehru Port Trust is the largest port in India in terms of container traffic In

2013-14 the port handled cargo traffic of 62333 lakh metric tonnes which increased to 63802 lakh metric tonnes in 2014-15

Indiarsquos financial and educational hub

bull The statersquos 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 GATEWAY TO INDIA

AUGUST 2015

Source Central Statistics Office TechSci Estimates Department of Industrial Policy amp Promotion Indian Port Association

Including Daman amp Diu and Dadra amp Nagar Haveli

4 4 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Largest producer of grapes and

pomegranate

bull Maharashtra is the largest producer of grapes and pomegranates in the country In 2014-15 production of grapes and pomegranates was 2160 thousand tonnes and 9450 thousand tonnes respectively

Industrial powerhouse bull Maharashtra is the most industrialised state in India and has maintained the leading

position in the industrial sector in the country The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones

Strong cotton production

bull With a tentative production of 85 lakh bales over 2014-15 the state is the second-largest producer of cotton in the country

AUGUST 2015

Source Ministry of Agriculture News Articles

5 5 For updated information please visit wwwibeforg

Source Government of Maharashtra

Growing demand Trade and commerce hub of India

bull Mumbai (Maharashtra) is known as the trade and commerce capital of India It is also the financial centre of India

bull Maharashtra has emerged as a key hub for IT and ITeS electronics and captive business outsourcing industries

Policy incentives

bull The Government of Maharashtra has several policies in place to set up the right kind of business climate

bull These policies aim to motivate investors to invest into various sectors in the state thereby contributing to the overall development of the economy

Facilitating infrastructure

bull The state has a well developed social physical and industrial infrastructure Apart from four international and seven domestic airports the state has two major and 53 minor ports It also has a well developed power supply grid

bull Maharashtras infrastructure sector has grown significantly over the last decade with a substantial rise in the number of industrial clusters and Public Private Partnership (PPP) projects

Rich labour pool

bull Maharashtra has a literacy rate of 823 per cent and is home to a number of world class educational and IT institutions

bull The state has a large base of skilled and industrial labour making it an ideal destination for knowledge based and manufacturing sectors

2014-15

GSDP of the state was US$

2648 billion

2014-15

Per capita GSDP was US$ 2242

Advantage Maharashtra

ADVANTAGE MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

3 3 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (12)

Highest contribution to Indiarsquos GDP

bull Maharashtrarsquos GSDP at current prices was US$ 2648 billion in 2014-15 and accounted for 1298 per cent of Indiarsquos GDP the highest among all states

Highest FDI in India bull Total FDI in the state stood at US$ 7312 billion from April 2000 to March 2015 the

highest among all states in India

Largest Container Port bull Jawaharlal Nehru Port Trust is the largest port in India in terms of container traffic In

2013-14 the port handled cargo traffic of 62333 lakh metric tonnes which increased to 63802 lakh metric tonnes in 2014-15

Indiarsquos financial and educational hub

bull The statersquos 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 GATEWAY TO INDIA

AUGUST 2015

Source Central Statistics Office TechSci Estimates Department of Industrial Policy amp Promotion Indian Port Association

Including Daman amp Diu and Dadra amp Nagar Haveli

4 4 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Largest producer of grapes and

pomegranate

bull Maharashtra is the largest producer of grapes and pomegranates in the country In 2014-15 production of grapes and pomegranates was 2160 thousand tonnes and 9450 thousand tonnes respectively

Industrial powerhouse bull Maharashtra is the most industrialised state in India and has maintained the leading

position in the industrial sector in the country The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones

Strong cotton production

bull With a tentative production of 85 lakh bales over 2014-15 the state is the second-largest producer of cotton in the country

AUGUST 2015

Source Ministry of Agriculture News Articles

5 5 For updated information please visit wwwibeforg

Source Government of Maharashtra

Growing demand Trade and commerce hub of India

bull Mumbai (Maharashtra) is known as the trade and commerce capital of India It is also the financial centre of India

bull Maharashtra has emerged as a key hub for IT and ITeS electronics and captive business outsourcing industries

Policy incentives

bull The Government of Maharashtra has several policies in place to set up the right kind of business climate

bull These policies aim to motivate investors to invest into various sectors in the state thereby contributing to the overall development of the economy

Facilitating infrastructure

bull The state has a well developed social physical and industrial infrastructure Apart from four international and seven domestic airports the state has two major and 53 minor ports It also has a well developed power supply grid

bull Maharashtras infrastructure sector has grown significantly over the last decade with a substantial rise in the number of industrial clusters and Public Private Partnership (PPP) projects

Rich labour pool

bull Maharashtra has a literacy rate of 823 per cent and is home to a number of world class educational and IT institutions

bull The state has a large base of skilled and industrial labour making it an ideal destination for knowledge based and manufacturing sectors

2014-15

GSDP of the state was US$

2648 billion

2014-15

Per capita GSDP was US$ 2242

Advantage Maharashtra

ADVANTAGE MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

4 4 For updated information please visit wwwibeforg

EXECUTIVE SUMMARY hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Largest producer of grapes and

pomegranate

bull Maharashtra is the largest producer of grapes and pomegranates in the country In 2014-15 production of grapes and pomegranates was 2160 thousand tonnes and 9450 thousand tonnes respectively

Industrial powerhouse bull Maharashtra is the most industrialised state in India and has maintained the leading

position in the industrial sector in the country The state is a pioneer in small scale industries and boasts of the largest number of special export promotion zones

Strong cotton production

bull With a tentative production of 85 lakh bales over 2014-15 the state is the second-largest producer of cotton in the country

AUGUST 2015

Source Ministry of Agriculture News Articles

5 5 For updated information please visit wwwibeforg

Source Government of Maharashtra

Growing demand Trade and commerce hub of India

bull Mumbai (Maharashtra) is known as the trade and commerce capital of India It is also the financial centre of India

bull Maharashtra has emerged as a key hub for IT and ITeS electronics and captive business outsourcing industries

Policy incentives

bull The Government of Maharashtra has several policies in place to set up the right kind of business climate

bull These policies aim to motivate investors to invest into various sectors in the state thereby contributing to the overall development of the economy

Facilitating infrastructure

bull The state has a well developed social physical and industrial infrastructure Apart from four international and seven domestic airports the state has two major and 53 minor ports It also has a well developed power supply grid

bull Maharashtras infrastructure sector has grown significantly over the last decade with a substantial rise in the number of industrial clusters and Public Private Partnership (PPP) projects

Rich labour pool

bull Maharashtra has a literacy rate of 823 per cent and is home to a number of world class educational and IT institutions

bull The state has a large base of skilled and industrial labour making it an ideal destination for knowledge based and manufacturing sectors

2014-15

GSDP of the state was US$

2648 billion

2014-15

Per capita GSDP was US$ 2242

Advantage Maharashtra

ADVANTAGE MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

5 5 For updated information please visit wwwibeforg

Source Government of Maharashtra

Growing demand Trade and commerce hub of India

bull Mumbai (Maharashtra) is known as the trade and commerce capital of India It is also the financial centre of India

bull Maharashtra has emerged as a key hub for IT and ITeS electronics and captive business outsourcing industries

Policy incentives

bull The Government of Maharashtra has several policies in place to set up the right kind of business climate

bull These policies aim to motivate investors to invest into various sectors in the state thereby contributing to the overall development of the economy

Facilitating infrastructure

bull The state has a well developed social physical and industrial infrastructure Apart from four international and seven domestic airports the state has two major and 53 minor ports It also has a well developed power supply grid

bull Maharashtras infrastructure sector has grown significantly over the last decade with a substantial rise in the number of industrial clusters and Public Private Partnership (PPP) projects

Rich labour pool

bull Maharashtra has a literacy rate of 823 per cent and is home to a number of world class educational and IT institutions

bull The state has a large base of skilled and industrial labour making it an ideal destination for knowledge based and manufacturing sectors

2014-15

GSDP of the state was US$

2648 billion

2014-15

Per capita GSDP was US$ 2242

Advantage Maharashtra

ADVANTAGE MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

6 6 For updated information please visit wwwibeforg

STATE VISION

MAHARASHTRA GATEWAY TO INDIA

GSDP growth

bull Maharashtra government targets 125 per cent GSDP growth in the 12th Five Year Plan

bull US$ 506 billion allocated to accelerate economic growth by implementing specially designed growth oriented policies

Skill development

bull Establishing technical universities for skill development

bull Providing scholarships to pursue professional courses

Agriculture

bull Promoting sustainable development in agriculture by integrating schemes of water shed development use of technology enhancing processing capacity and skill development

bull Promotion of agri-business through PPP for Integrated Agricultural Development (PPP-IAD) and develop market linkages of horticulture

Industrial sector

bull Expects to achieve double digit growth during the 12th Five Year Plan

bull Focus on growth of the manufacturing sector

bull Creating conducive growth environment

Infrastructure Tourism

bull Promote religious adventure and heritage tourism

bull Training workers in the organised and unorganised sectors related to tourism

bull 6026 km of national highway projects

bull Developing ports by investing approximately US$ 24 billion

Vision

Source Confederation of Indian Industry

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

7 7 For updated information please visit wwwibeforg

MAHARASHTRA FACT FILE

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 On its west is the Arabian Sea

Mumbai Pune Nagpur Thane Nasik Solapur Kolhapur Sangli Aurangabad Amravati and Ratnagiri are some of the major cities of Maharashtra

Indias main stock exchanges amp capital market and commodity exchanges are located in Mumbai

The most commonly spoken language in the state is Marathi Konkani Hindi and English are the other prominent languages

Source National Portal of India Economic Survey 2014-15 TechSci Research Estimates

Parameters Maharashtra

Capital Mumbai

Geographical area (sq km) 307713

Administrative districts (No) 35

Population density (persons per sq km)

365

Total population (million) 1181

Male population (million) 612

Female population (million) 569

Sex ratio (females per 1000 males) 930

Literacy rate () 823

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

8 8

Parameter Maharashtra All states Source

Economy 2014-15 2014-15

GSDP as a percentage of all statesrsquo GSDP 1298 1000 Central Statistics Office TechSci Estimates

GSDP growth rate () 812 73 Central Statistics Office TechSci Estimates

Per capita GSDP (US$) 2242 138961 Central Statistics Office TechSci Estimates

Physical Infrastructure

Installed power capacity (MW) 3835548 27250295 Central Electricity Authority as of May 2015

Wireless subscribers (No) 76863343 973347094 Telecom Regulatory Authority of India-April

2015

Broadband subscribers (No) 10460000^ 100760000 Telecom Regulatory Authority of India-April

2015

National Highway length (km) 5858 9285107 National Highway Authority of India April-2015

Major and minor ports (No) 2 + 53 13+187 India Ports Association 2015

Airports (No) 11 132 Airports Authority of India

As of June 2015 As of May 2015 ^As of March 2014

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

9 9

Parameter Maharashtra All states Source

Social Indicators

Literacy rate () 823 730 Census 2011

Birth rate (per 1000 population) 165 214 SRS Bulletin September 2014

Investment

FDI equity inflows (US$ billion) 7312 2485 Department of Industrial Policy amp Promotion

April 2000 to March 2015

Outstanding investments (US$ billion) 2464 24142 CMIE (2013-14)

Industrial Infrastructure

PPP projects (No) 136 1409 DEA Ministry of Finance Government of India

SEZs (No) 9 347 Notified as of March 2015 Ministry of Commerce amp Industry Department of

Commerce

Combined FDI inflows for Maharashtra Dadra amp Nagar Haveli and Daman amp Diu PPP Public-Private Partnership SEZ Special Economic Zone SRS Sample Registration System

For updated information please visit wwwibeforg

MAHARASHTRA IN FIGURES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

10 10

927 1103

1295

1701 1634 1805

2300 2507 2437 2449

2648

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the GSDP of Maharashtra was US$ 2648 billion in 2014-15

The GSDP grew at a CAGR of around 111 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

GSDP - Gross State Domestic Product CAGR ndash Compound Annual Growth Rate

GSDP of Maharashtra at current prices (in US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash GSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 111

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

11 11

826 990

1167

1539 1469 1625

2084 2271 2204 2212

2378

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current prices the NSDP of Maharashtra was US$ 2378 billion in 2014-15

Maharashtrarsquos NSDP grew at a CAGR of around 112 per cent from 2004-05 to 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and Statistics of Maharashtra

NSDP - Net State Domestic Product CAGR ndash Compound Annual Growth Rate

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash NSDP

MAHARASHTRA GATEWAY TO INDIA

NSDP of Maharashtra at current prices (in US$ billion)

CAGR 112

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

12 12

904 1059

1225

1585 1500 1633

2053 2208 2118 2101

2242

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

The statersquos per capita GSDP at current price was US$ 2242 in 2014-15

The per capita GSDP of the state grew at a CAGR of 95 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita GSDP (US$)

CAGR95

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA GSDP

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

13 13

805 951

1104

1434 1349 1471

1860 2000 1915 1898

2014

200

4-0

5

200

5-0

6

200

6-0

7

200

7-0

8

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

At current price the statersquos per capita NSDP was US$ 2014 in 2014-15

The per capita NSDP of Maharashtra grew at a CAGR of 96 per cent between 2004-05 and 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Per capita NSDP (US$)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PER CAPITA NSDP

MAHARASHTRA GATEWAY TO INDIA

CAGR 96

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

14 14

1165 1166

2877 2682

5958 6152

2004-05 2014-15

Primary Secondary Tertiary

Over 2014-15 the tertiary sector contributed 6152 per cent to the statersquos GSDP at current prices followed by the secondary sector (2682 per cent)

At a CAGR of 114 per cent the tertiary sector has been the fastest growing among the three sectors from 2004-05 to 2014-15 Growth was driven by trade hotels real estate finance insurance transport communications and other services

The secondary sector grew at a CAGR of 103 per cent between 2004-05 and 2014-15 The growth in the secondary sector was driven by manufacturing construction and electricity gas amp water supply

The primary sector expanded at a CAGR of 111 per cent between 2004-05 and 2014-15 Agriculture is the major contributor in the growth of the primary sector followed by forestry and fishing The agriculture sector accounted for 76 per cent share in the primary sector GSDP of the state during 2014-15

Source Central Statistics Office TechSci Estimates based on ldquoAdvanced Estimatesrdquo provided by Directorate of Economics and

Statistics of Maharashtra

Percentage distribution of GSDP

CAGR

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash PERCENTAGE DISTRIBUTION OF GSDP

111

114

103

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

15 15

Source Economic Survey of Maharashtra 2014-15 Indian Horticulture Database ndash 2014

^In lsquo000 bales 170 kgbale Rabi onion production

Crop Annual Production 2014-

15 (lsquo000 tonnes)

Sugarcane 84261

Cotton 6608^

Onion 2850

Soya bean 1874

Banana 4831

Jowar (sorghum) 421

Rice 2921

Wheat 956

Bajra (millets) 406

Total food grains 6337

Total oilseeds 2092

Total pulses 895

During 2014-15 production of pulses and oil seeds in the state was recorded at around 0895 million tonnes and 21 million tonnes respectively

Sugarcane cotton onion soya bean banana jowar (sorghum) and rice are some of the key agricultural products of Maharashtra

Total food grain production in the state is estimated at about 63 million tonnes in 2014-15 whereas total fruit production in Maharashtra was at around 135 million tonnes during 2013-14

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash AGRICULTURAL PRODUCTION

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Fruit Annual production in

2013-14 (lsquo000 tonnes) Rank in Country

Grapes 21600 1

Mango 12125 6

Banana 48306 2

Papaya 5005 3

Pomegranate 9450 1

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

16 16

Source Department of Industrial Policy amp Promotion Economic Survey 2014-15 News articles

Includes Maharashtra Dadra amp Nagar Haveli and Daman amp Diu US$ 1= Rs 6028

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash FDI INFLOWS AND INVESTMENTS

MAHARASHTRA GATEWAY TO INDIA

According to the DIPP cumulative FDI inflows during April 2000 to May 2015 were valued at US$ 73118 million

The state government has approved 18709 industrial proposals during 1991-92 to 2014-15 Chemicals amp fertilisers followed by textiles were the leading sectors in terms of industrial proposals approved with cumulative share of 257 per cent

FDI equity inflows 2008-09 to 2014-15 (US$ million)

AUGUST 2015

12431

8249

6097

9553

6361

3420

8716

20

08-0

9

20

09-1

0

20

10-1

1

20

11-1

2

20

12-1

3

20

13-1

4

20

14-1

5

Approved and Commissioned Industrial Projects for Major Industries (1991-92 to 2014-15)

Industry

Approved Proposals Commissioned Projects

No Investment (US$ Billion)

No Investment (US$ Billion)

Metallurgical 1900 1654 931 605

Chemical amp fertilisers

2827 960 1371

344

Textile 1981 816 926 261

Electrical amp electronics

1161 358 673 127

Sugar 1521 620 216 120

Processed food

1038 198 433 088

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

17 17

Maharashtrarsquos exports totalled around US$ 739 billion over 2014-15 Exports from the state grew at a CAGR of 848 per cent between 2008-09 and 2014-15

Major products exported from the state are gems and jewellery software textiles readymade garments cotton yarn metal and metal products agro-based products engineering items drugs and pharmaceuticals and plastic and plastic items

Maharashtra is the largest producer of sugar in India In May 2015 the state government of Maharashtra approved a subsidy of US$ 167 per ton (up to the extent of 800000 tonnes) for the exports of raw sugar

Pomegranate exports from Maharashtra grew by 33 from 30000 tonnes in 2013-14 to 40000 tonnes in 2014-15

Source Economic Survey of Maharashtra 2014-15

Exports trends (US$ billion)

For updated information please visit wwwibeforg

ECONOMIC SNAPSHOT ndash MAHARASHTRArsquoS EXPORT TRENDS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

492 481

676

840 769 739

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

CAGR 848

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

18 18

Source State Budget 2015-16 Assumed exchange rate of US$ 1= Rs 6028 for 2015-16

For updated information please visit wwwibeforg

STATE BUDGET 2015-16

MAHARASHTRA GATEWAY TO INDIA

Revenue receipts of US$ 330 billion and revenue expenditure of US$ 168 billion were estimated during 2015-16

JUNE 2015

Plan Budget- 2015-16

(US$ Million)

Jalayukta Shivar Abhiyan 16589

Micro Irrigation Mission 5474

Motiramji Lahane Krushi Samruddhi Yojana

829

Energisation of Agricultural Pump Sets

16092

State Employment Guarantee Scheme and Mahatma Gandhi National Employment Guarantee Scheme

11612

Agricultural development 5574

Preservation and conservation of local seeds

166

Mechanisation of fisheries vessels and development of fisheries jetties

332

Irrigation 120637

Power generation 8881

Infrastructure plan 8939

Plan Budget- 2015-

16 (US$ Million)

Hydal projects 14930

Colaba- Bandra- Seepz Metro 1818

Nagpur and Pune Metro Rail Projects 3280

Smart cities 4446

Swachchha Bharat Abhiyan 5309

Maharashtra Sujal Va Nirmal Abhiyan 1335

Maharashtra Suvarnajayanti Nagaroththhan Mahabhiyan 9954

Renovation of Bus Depots 272

Development of Airports and Airstrips 1510

Mihan project 3318

Graded Package Scheme of Incentive 500166

Industrial Cluster Development Scheme 440

Development of Textile Industry 990

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

19 19 For updated information please visit wwwibeforg

Source Economic Survey of Maharashtra 2014-15 Ministry of Road Transport amp Highways

MSRTC Maharashtra State Road Transport Corporation

PHYSICAL INFRASTRUCTURE ndash ROADS

MAHARASHTRA GATEWAY TO INDIA

The state is well connected to its six neighbouring states and other parts of India through 18 national highways As of March 2014-15 99 per cent of villages in the state were connected by all-weather roads For the same year the state had a total road length of 263708 km

The 945 km long Mumbai-Pune expressway is Indias first six-lane concrete high speed tolled expressway which connects the state capital and financial hub Mumbai with the neighbouring industrial hub Pune

In 2013 the central government has approved four-laning of the 99 km Solapur-Yedeshi section of National Highway-211 at an estimated cost of US$ 1755 million In August 2014 the project was inaugurated As of January 2015 the state government has approved construction of a road between Isapur (Kolhapur district) and Chaukul (Sindhudurg district) The road is projected to be constructed by the diversion and deforestation of reserved forest spread over an area of 432 hectares

Road type Road length (km) (As of 2014-15)

National highways 5858

State highways 33963

Major district roads 50232

Other district roads 52761

Village roads 114557

Total road length 263708

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

20 20

Source Economic Survey of Maharashtra 2014-15 MMRDA Mumbai Metropolitan Region Development Authority Assumed exchange rate of US$ 1= Rs 6028

The rail transport system of Maharashtra is very well developed The state is well-connected to other parts of the country with a railway network spanning 6103 km (including 378 km of Konkan Railway)

The Central Railways and the Western Railways two zones of the Indian Railways have their headquarters in Mumbai at the Chhatrapati Shivaji Terminus (CST) and Churchgate respectively

The railway network in coastal Maharashtra is a part of the Western Railways that spreads across Gujarat Rajasthan Madhya Pradesh and Maharashtra The Western Railways also serves some of the ports on the countryrsquos western coast including the Mumbai port Konkan Railway connects Mumbai with Mangalore in Karnataka

Maharashtra also has an intra-citysuburban network of railways The suburban railways carry around 8 million passengers every day

As of June 2015 the state government announced plans to invest US$ 16582 million for the development of railways infrastructure

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Metromono rail projects Estimated cost

(US$ million) Current status Mumbai Metro Rail

Project

Phase-I Versova-Andheri-Ghatkoper

3927 Completed

Phase II Dahisar-Charkop-Bandra-Mankhurd

42678 Proposal

submitted for approval

Phase III Colaba-Bandra-SEEPZ

38560 Appointment of

general consultant in final stage

Phase IV Wadala-Ghatkopar-Thane-Kasarwadavli

31828 Proposal

submitted for approval

Mumbai Mono Rail Project

Jacob Circle to Wadala amp Wadala to Chembur

410

Phase I complete Phase II85 per

cent work completed

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

21 21

Source Economic Survey of Maharashtra 2014-15 Assumed exchange rate of US$ 1= Rs 6028

Mumbai Rail Vikas Corporation has developed a road map for Mumbai Urban Transport Project III Important projects with an estimated cost of US$ 96 billion and a time horizon of 2031 are

Fast corridor on Harbour Line between CSTM and Panvel and new suburban corridor on Virar-Vasai Road-Diva-Panvel Third and fourth additional lines between Virar and Dahanu Road fifth and sixth additional lines between Borivali and Virar third and fourth lines between Kalyan and Kasara and third and fourth lines between Kalyan and Karjat Extension of Harbour Line from Goregaon to Borivali

Delhi-Mumbai Industrial Corridor (DMIC) is a mega infrastructure project of US$ 90 billion with financial amp technical aid from Japan covering an overall distance of 1483 km between Delhi and Mumbai

The corridor will pass through six states ndash UP NCR of Delhi Haryana Rajasthan Gujarat and Maharashtra

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash RAILWAYS hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Ongoing Railway Projects

Name of Route Route Length (km)

Total Estimated Cost (US$

million) Current Status

Ahmednagar-Beed-Parli- Vaijnath

261 46436 117 km complete

rest in progress

Baramati-Lonand (new line)

54 2308 50 complete

Belapur-Seawood-Uran (new line)

27 383102 15 complete

Wardha-Nanded (new line)

284 50006 10 complete

Panvel-Pen (doubling)

35 4336 95 complete

Pen-Roha (doubling)

40 3383 69 complete

Godhani-Kalmuna (doubling)

13 985 35 complete

Kalyan-Kasara 3rd line (doubling)

68 4662 1 complete

Bhusawal-Jalgaon 3rd line (doubling)

24 3068 1 complete

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

22 22

There are seven domestic and four international airports functioning in Maharashtra Domestic flights operate from Mumbai Pune Nagpur Aurangabad Kolhapur Juhu and Nanded whereas international flights operate from Mumbai Nagpur Pune and Aurangabad Mumbai airport is one of the busiest airports in India To reduce congestion at the Mumbai International Airport an idea for a new airport has been proposed at Navi Mumbai

Source AAI (Airports Authority of India)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash AIRPORTS

MAHARASHTRA GATEWAY TO INDIA

International airport

Domestic airport

AUGUST 2015

Domestic airport

Passengers (lakh) Cargo (MT)

2013-14 2014-15 2013-14 2014-15

Mumbai 20277 21881 182422 181101

Pune 3235 3496 19861 21135

Nagpur 1219 1220 4800 5108

Aurangabad 436 441 724 843

Juhu 167 165 429 417

Nanded 049 007 0 0

International Airport

Mumbai 9730 10093 452741 467641

Nagpur 044 044 406 416

Pune 060 101 0 10

Aurangabad 003 006 0 0

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

23 23

Along a coast line of 720 km there are two principal ports Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) In addition there are 53 minor ports

JNPT is the countrys largest port in terms of container traffic in India MbPT and JNPT handled 6166 million tonnes and 6380 million tonnes of cargo traffic respectively over 2014-15

In 2013-14 the Dhamankhol-Jaigad port became operational with two cargo berths in the first phase In addition the Dighi port is also ready for commissioning

Source India Ports Association Economic Survey of Maharashtra 2014-15

BOT - Build-Operate-Transfer

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash PORTS

MAHARASHTRA GATEWAY TO INDIA

Minor Ports in Maharashtra

bull Manori bull Kalyan bull Thane bull Versova bull Bandra bull Trombay bull Ulwa-Belapur bull Panvel bull Mora bull Mandwa bull Karaja bull Thal bull Rewas bull Bankot bull Kelshi bull Sriwardhan bull Dharamtar bull Kumbharu

bull Harnai bull Dabhol bull Palshet bull Borya bull Jaigad bull Tiwri-Varoda bull Purnagad bull Jaitapur bull Vijaydurg bull Deogad bull Achara bull Malvan bull Niwti bull Vengurla bull Redi bull Kiranpani bull Ratnagiri bull Dighi

bull Dahanu bull Tarapur bull Nawapur bull Satpati bull Kelwa-Mahim bull Arnala bull Datiware bull Uttan bull Bassein bull Bhiwandi bull Alibag bull Revdanda bull Borli Mandla bull Nandgaon bull Murud-Janjira bull Rajpuri bull Mandad

AUGUST 2015

Operational ports statistics

2012-13 2013-14 2014-15

For major ports

Cargo handled (lakh MT) 122526 121517 12546

Number of employees 13661 11258 NA

For minor ports

Cargo handled (lakh MT) 24198 24774 9643

Up to October

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

24 24

During June 2015 the state had a total installed power generation capacity of 3835548 MW

Thermal power contributed 2814520 MW to the total installed power generation capacity followed by renewable power (618830 MW) hydropower (333184 MW) and nuclear power (69014 MW)

The private sector was the major contributor to total installed power generation capacity in Maharashtra with 1840317 MW of capacity followed by 1332497 MW under state utilities and 662734 MW under central utilities

Installed power capacity (MW)

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash POWER

MAHARASHTRA GATEWAY TO INDIA

Source Central Electricity Authority Economic Survey of Maharashtra 2014-15

As of December 2014

AUGUST 2015

20415 21379 22645 26142

30354 34005

3835548

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Telecom Infrastructure (May 2015)

Sector 2012-13 2013-14 2014-15

Industrial 38110 38949 24756

Domestic 22831 23679 20133

Agriculture 20984 21725 14469

Commercial 12635 12469 9724

Public services

3576 3634 3064

Railways 2389 2389 1842

Miscellaneous 140 144 3664

Per capita ultimate consumption of electricity (unit)

Sector Maharashtra

2012-13 2013-14

All sectors 8747 8834

Industrial 3312 3341

Domestic 1984 2031

Agriculture 1823 1863

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

25 25

According to Telecom Regulatory Authority of India (TRAI) there were 7686 million wireless subscribers and 207 million wireline subscribers in Maharashtra as of May 2015

As of February 2015 the tele-density of Maharashtra was at 928 per cent

Maharashtra has the largest broadband subscriber base in the country As of March 2014 the state had 1046 million broadband subscriber For the same period state held 12598 post offices

For updated information please visit wwwibeforg

PHYSICAL INFRASTRUCTURE ndash TELECOM

MAHARASHTRA GATEWAY TO INDIA

Telecom Infrastructure (May 2015)

Wireless subscribers 76863343

Wireline subscribers 2075502

Broadband subscribers 10460000

Post offices 12598

Tele density (percent) 9276^

Source Telecom Regulatory Authority of India February 2015 India Post Ministry of Communications and Information Technology

As of March 2014 ^February 2015

Major Telecom Operators in Maharashtra

Bharat Sanchar Nigam Limited (BSNL)

Mahanagar Telephone Nigam Limited (MTNL)

Bharti Airtel

Idea Cellular

Vodafone Essar

Reliance Communications

Tata Teleservices

Aircel Limited

Source Telecom Regulatory Authority of India

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

26 26

Source Department of Environment Government of Maharashtra JNNURM Ministry of Urban Development

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS URBAN INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

As of 2014 under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 90 projects (worth US$ 207 billion) have been sanctioned for Greater Mumbai Nagpur Nanded Nasik and Pune Out of these projects the state has already completed 44 projects till May 2015 These projects were located in Greater Mumbai Pune Nanded Nasik and Nagpur and were related to roads and flyovers water supply solid waste management development of heritage areas drainagestorm water drains and urban transport As per Census 2011 out of the total households in the state 679 per cent received tap water Mumbai has a maximum average water supply of 200 LPCD The actual water supply in different areas of Mumbai ranges from 90 LPCD to 350 LPCD Maharashtra has 1243 post offices and 8629 letter boxes in urban areas as of 2014-15

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

27 27

Project Name Sector PPP type Project Cost (US$ million)

Stage

Modernisation of Mumbai International Airport Airports LDOT 9622 Construction

Development of an all-weather and multipurpose port at Rewas

Ports BOT 7133 Construction

Mumbai Trans Harbour-Link Roads BOT-Toll 10949 Under bidding

Rewas Green Field Port Ports BOT-Toll 4977 Under bidding

Surat-Dahisar Roads BOT-Toll 4147 Construction

Mumbai-Pune Expressway Roads BOT-Toll 2160 In operation

Mumbai Container and Cargo Berth Project Ports BOT-Toll 1986 Under bidding

Pune Sholapur Package-I Roads BOT-Toll 1841 Construction

JNPT Third Container Terminal Gateway Terminals India Private Limited (GTIPL)

Ports BOT-Toll 1841 In operation

Development of SDC at Chinchwad by MC Pimpri Chinchwad

Municipal infrastructure BOT 35 Under implementation

Construction amp maintenance of public toilets by Municipal Corporation Pune

Municipal infrastructure BOT 001 Under implementation

Source wwwpppindiadatabasecom BOT Build-Operate-Transfer LDOT Lease-Develop-Operate-Transfer SDC Software Development Centre

For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

28 28 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Source Department of Commerce Ministry of Commerce amp Industry

AUGUST 2015

Some of the operational SEZs in Maharashtra

NameDeveloper Location Primary Industry

Maharashtra Airport Development Company Ltd (MIHAN SEZ) Mihan Nagpur Multi product

SEEPZ Special Economic Zone Mumbai Electronics and gems and jewellery

Maharashtra Industrial Development Corporation Aurangabad Engineering

Wipro Ltd Maharashtra Computerelectronic software

Maharashtra Industrial Development Corporation Pune Computerelectronic software

Maharashtra Industrial Development Corporation Nanded Chemicals amp pharmaceuticals

Khed Economic Infrastructure Pvt Ltd Pune Engineering amp electronics

Maharashtra Industrial Development Corporation Satara Engineering

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

29 29 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (23)

MAHARASHTRA GATEWAY TO INDIA

Some of the SEZs with formal approvals

NameDeveloper Location Primary industry

MIDC Amravati Multi-product

Indiabulls Industrial Infrastructure Limited Nasik Multi-product

Marathon Pachin Infrastructure Raigad Multi-product

MIDC Butibori Nagpur Textiles

MIDC Hinjawadi Pune ITITeS

Essel Infraprojects Ltd Gorai-Manori-Uttan

Region Mumbai Multi-services

Navi Mumbai SEZ Pvt Ltd Village Ulwe Navi

Mumbai Multi-services

Ms Bajaj Auto Limited Waluj Aurangabad Automobile and automobile

Components

Sunstream City Private Limited (Zeus Infrastructure Pvt Ltd) Thane ITITeS

Sinima Meadows Limited Raigad Multi-services

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

30 30 For updated information please visit wwwibeforg

DEVELOPMENT PROJECTS SEZs hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Ministry of Commerce amp Industry Department of Commerce

Some of the SEZs with valid in-principal approvals

NameDeveloper Location Primary industry

Mumbai SEZ Limited Gujarat Positra Port Infrastructure Ltd Multi-product

Gitanjali Gems Limited Nanded Maharashtra Gems and jewellery

ISPAT Industries Limited Raigad District Maharashtra Multi-product

Gitanjali Gems Limited Aurangabad Maharashtra Gems and jewellery

Gitanjali Gems Limited Nagpur Maharashtra Multi-product

Maharashtra Airport Development Company Limited Nagpur Maharashtra Power

Gitanjali Gems Limited Nashik Maharashtra Multi services

Redi Port Ltd Post Redi district Sindhudurg Maharashtra FTWZ

Quippo Infrastructure Raigarh Maharashtra Engineering

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

31 31

Education infrastructure (2014-15)

Primary schools 97072

Secondary and higher secondary schools 24463

Engineering colleges (Diploma Graduate and Post-Graduate)

1090

Industrial Training Institutes (ITIs) 828

Architecture colleges 82

Arts Science Commerce amp Law Colleges 2181

Management science 478

Universities 20

Maharashtrarsquos education infrastructure consists of 20 universities 97072 primary schools 24463 secondary and higher secondary schools The state has 1090 engineering colleges with an annual enrolment of 543327 students There are 828 Industrial Training Institutes (ITIs) and 82 architecture colleges with an annual enrolment of around 106427 and 10070 students respectively The state is home to some of the most reputed national RampD institutes viz the Centre for Development of Advanced Computing (C-DAC) the Bhabha Atomic Research Centre the National Environmental Engineering Research Institute the National Chemical Laboratories and the Tata Institute of Fundamental Research One of the well known Indian Institutes of Technology (IITs) is located in Mumbai In addition Pune has also emerged as an important education hub in India Government of Maharashtra is focusing heavily on the education of the girls in the state Various schemes such as Kasturba Gandhi Balika Vidyalaya Ahilyabai Holkar Scheme and Attendance Allowance Scheme have been introduced for the development of girlrsquos education

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash EDUCATION

Source Economic Survey of Maharashtra 2014-15 Census 2011

MAHARASHTRA GATEWAY TO INDIA

Literacy rate () in Maharashtra

Overall 823

Male 884

Female 699

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

32 32

Health indicators of Maharashtra (September 2014)

Population served per government hospital 82264^

Birth rate (per thousand persons) 165

Death rate (per thousand persons) 62

Infant mortality rate (per thousand live births) 24

Life expectancy at birth (years)

Male (2016-20) 699

Female (2016-20) 737

For updated information please visit wwwibeforg

SOCIAL INFRASTRUCTURE ndash HEALTH

MAHARASHTRA GATEWAY TO INDIA

Health infrastructure (2014-15)

State level hospitals 490

District hospitals 23

Mobile medical units 13

Sub-district hospitals with capacity of 50 beds 58

Sub-district hospitals with capacity of 100 beds 28

Community health centres 458

Rural hospitalsCottage hospitals 360

Primary health centres 1811

Sub-centres 10580

General hospitals 4

Orthopedic hospital 1

Super specialty hospitals 2

Mental health institutes 4

Women hospitals 11

TB hospitals 4

Health and family welfare training institution 8

Source Ministry of Health and Family Welfare Government of India Sample Registration System (SRS) Bulletin September 2014

Economic Survey of Maharashtra 2014-15 ^As of January 2012

AUGUST 2015

Health schemes and policies in Maharashtra

National Health Mission (Launched in 2013)

Family Welfare Programme

Navsanjivani Yojana (NSY)

Janani Suraksha Yojana (JSY

Universal Immunisation Programme

Rashtriya Baal Swasthya Karyakram

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

33 33

Cricket is the prominent sport in Maharashtra Other popular sports are hockey and tennis

The state has a number of sports stadiums located in Mumbai Pune and Nagpur The most well-known ones are the Wankhede Stadium and the Brabourne Stadium in Mumbai the Nehru Stadium in Pune and the Vidarbha Cricket Association (VCA) Stadium in Nagpur

The state has a number of entertainment centres and multiplexes The most famous entertainment centres include Essel World in Thane The state is also home to almost all major multiplex chains in the country including PVR Cinemas Big Cinemas and Fun Cinemas

The state has a number of religious places including the Siddhi Vinayak temple (Mumbai) Shirdi Nasik and Sach Khand Shri Huzur Gurdwara (Nanded)

The Gateway of India Ajanta and Ellora caves Daulatabad Fort and Khandala are the main tourist destinations in the state

The Sahara Stadium in Pune has been built with modern outlook and state-of-the-art facilities the stadium has a seating capacity of about 36000

In 2015 Maharashtra Tourism Development Corporation (MTDC) announced plans to partner with the private sector and adopt public-private partnership (PPP) to enhance the tourism infrastructure in the state MTDC would be investing in those areas where no private players are involved for example for development of infrastructure for helicopter landings at Ajanta and Ellora

For updated information please visit wwwibeforg

CULTURAL INFRASTRUCTURE

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Tourism Government of Maharashtra

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

34 34 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Pune

Nashik Aurangabad

Nagpur

Mumbai

Bhiwandi

Source TechSci Research NA Not Available

Smart Cities in Maharashtra

Cities Population Area (sq km) Literacy

rate

Pune 9429408 15643 8615

Mumbai 9665503 603 8900

Nagpur 4653570 9892 8839

Nashik 6107187 15530 8231

Aurangabad 3701282 10107 7902

Bhiwandi 2836746 NA 8146

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

35 35 For updated information please visit wwwibeforg

AMRUT AND SMART CITIEShellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

The proposed smart cities in Maharashtra include Pune Pimpri-Chinchwad Nashik Amravati Solapur Nashik Nagpur Thane Kalyan-Dombivali and Aurangabad Nashik-Sinnar-Igatpuri in Maharashtra region is covered under DMIC development plan with development to be undertaken in 84 sq km of this region Dighi port comes under the Maharashtra government as well as DMIC Construction of smart cities in this region is also expected to be completed in three phases and in the first phase 50 sq km will be developed in this region under DMIC Under AMRUT mission 37 cities have been identified in Maharashtra which are to be developed by Government of India

Source TechSci Research amp News Articles

Smart Cities under DMIC Phase I

Name of the node State Area (sq km) Project Master Planners

Shendra Bidkin Investment Region

Maharashtra 84 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

Dighi Port Industrial Area Maharashtra 253 AECOM Asia Company Ltd

RMSI Colliers International and AECOM India

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

36 36

The resources policy incentives infrastructure and climate support investments in the state Maharashtra Agro Industries Development Corporation founded in 1965 is responsible for development of agro-based units in the state MIDC is responsible for the development of industrial infrastructure Maharashtra Small Scale Industries Development Corporation was formed in 1962 to provide new orientation and strength to the development of small-scale industries in the state Its main objective is to aid counsel assist finance protect and promote interests of small industries

The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as ITITeS pharmaceuticals biotechnology textile automotive amp auto components gems amp jewellery and food processing As of 2014-15 the state has 9 operational SEZs out of which majority are contributed by engineering and electronics segment

For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (12)

MAHARASHTRA GATEWAY TO INDIA

Key Industries in Maharashtra

bull Pharmaceuticals

bull Biotechnology

bull IT and ITeS

bull Electronics

bull Engineering

bull Auto amp auto components

bull Oil amp gas

bull Food amp agro processing

bull Gems and jewellery

bull Banking financial services and insurance (BFSI)

bull Textiles

Source Economic Survey 2014-15 MAIDC - Maharashtra Agro Industries Development Corporation Includes Maharashtra Dadra amp Nagar Haveli and

Daman amp Diu Up to December 2014

AUGUST 2015

Establishment of MSME units

Year MSME units Investment

(US$ million) Employment

(lakh)

2007-08 10244 5664 139

2008-09 11682 7141 171

2009-10 11896 6385 150

2010-11 14496 12194 187

2011-12 15606 9477 207

2012-13 16136 10044 206

2013-14 19814 10547 248

2014-15 24894 8884 292

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

37 37 For updated information please visit wwwibeforg

KEY INDUSTRIEShellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Industry group wise approved proposals and commissioned projects (From August 1991 to October 2014)

IndustryGroup Approved proposals Commissioned projects

Number Share in investment Number Share in investment

IT Industry 441 359 229 2085

Metallurgical 1900 94 931 1431

Chemicals amp fertilisers 2827 54 1371 815

Textiles 1981 46 926 618

Electrical amp electronics 1161 202 673 300

Sugar 1521 35 216 284

Processed food 1038 112 433 207

Fuel 812 1338 191 1099

Pharmaceuticals 838 14 490 166

Photographic raw film amp papers 981 267 570 548

Industrial machinery 846 221 496 309

Others 4363 1840 1850 2138

Source Directorate of Industries GoM

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

38 38 For updated information please visit wwwibeforg

FINANCIAL SECTORhellip(15)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Banking and insurance contribution to GSDP at current prices (in US$ billion)

1806 1883

2398 2696 2586

2693 2963

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Source Maharashtra Economic Survey 2014-15 Reserve Bank of India Estimated

At current prices the contribution of the banking and insurance sector to the GSDP of the state increased at a CAGR of 86 per cent between 2008-09 and 2014-15

At constant prices the contribution of banking and insurance sector in the GSDP of the state increased at a CAGR of 47 per cent between 2008-09 and 2014-15

Banking and insurance contribution to GSDP at constant prices (in US$ billion)

1921 2009

2376 2571

2312 2297 2527

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Deposits and credit of scheduled commercial banks in Maharashtra by bank group-2014

Bank group No of

banking offices

Deposits (US$ million)

Credit (US$ million)

CD ratio (per cent)

SBI and its associates

1780 4174 5413 12969

Nationalised banks

6058 18724 15222 8130

Foreign banks 87 3374 2054 6087

Regional rural Bank

680 119 083 6944

Private banks 2035 7659 7306 9539

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

39 39 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(25)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Reserve Bank of India (RBI) was founded in 1935 and is recognised as Indias central banking institution RBI also controls the monetary policy of the Indian rupee RBI is headquartered in Mumbai Maharashtra and has 19 regional offices and nine sub offices Monetary authority supervision of the financial systems foreign exchange management and currency issuing are the major functions of the Reserve Bank of India

Foundation year 1956 (owned by Government of India) Banking services Credit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking wealth management Total assets US$ 33976 billion Total income US$ 2903 billion Headquarters amp employees Headquartered in Mumbai with over 300000 employees Website wwwsbicoin

Foundation year 1906 (state owned commercial bank) Banking services Commercial banking retail banking private banking asset management mortgages credit cards Total assets US$ 10264 billion Total income US$ 791 billion Headquarters amp infrastructure Bank is based in Mumbai with over 4500 branches and over 1000 ATMs all over India Website wwwbankofindiacom

Reserve Bank of India

State Bank of India

Bank of India

Source Reserve Bank of India Bank websites

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

40 40 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(35)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1919 (owned by Government of India) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 6307 billion Total income US$ 591 billion Headquarters amp Employees Bank is based in Mumbai with over 28000 employees and more than 4000 ATMs Website wwwunionbankofindiacoin

Foundation year 1935 (the bank has the largest network of branches in Maharashtra and is a public sector bank) Banking services Loans credit cards savings investment vehicles insurance investment banking mortgage loans private banking etc Total assets US$ 2399 billion Total income US$ 227 billion Headquarters amp infrastructure Based in Pune and reaches out to 15 million customers with 2000 branches in 29 states Website wwwbankofmaharashtrain

Foundation year 1911 (one of oldest commercial banks owned by the government) Banking services Core banking services are loans credit cards savings investment vehicles and insurance investment banking mortgage loans private banking etc Total assets US$ 5145 billion Total income US$ 470 billion Headquarters amp infrastructure Headquartered in Mumbai with over 4000 branches in 27 Indian states and 270 extension counters Website wwwcentralbankofindiacoin

Union Bank of India

Bank of Maharashtra

Central Bank of India

Source Reserve Bank of India Bank websites

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

41 41 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(45)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1938 Banking services Investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards Total assets US$ 2155 billion Total income US$ 191 billion Headquarters amp infrastructure Bank is based in Mumbai with over 1400 branches and more than 100 ATMs Website wwwdenabankcom

Foundation year 2004 Banking services Corporate and institutional banking commercial banking investment banking retail banking finance marketing Total assets US$ 2259 billion Total income US$ 226 billion Headquarters amp Infrastructure Bank is based in Mumbai with more than 550 branches and 1255 ATMrsquos Website wwwyesbankin

Foundation year 1980 Banking services Private and business banking corporate banking and securities global transaction banking and asset amp wealth management Headquarters amp employees Bank is based in Mumbai with more than 9500 employees in 16 cities Website wwwdbcomindia

Dena Bank

Yes Bank

Deutsche Bank India

Source Reserve Bank of India Bank websites

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

42 42 For updated information please visit wwwibeforg

FINANCIAL SECTOR hellip(55)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Scheduled commercial banks in Maharashtra

Foundation year 1902 Banking services Credit cards debit cards loans investments NRI banking and private baking Headquarters amp employees Bank is based in Mumbai with over 7500 employees The bank has 44 branches in 31 cities and 700 ATMs across the country Website wwwCitibankcoin

Foundation year 1994 Banking services Investment banking investment management wealth management private banking corporate banking private equity finance and insurance consumer banking mortgages credit cards Total assets US$ 9796 billion Total income US$ 953 billion Headquarters amp employees Bank is based in Mumbai with more than 69065 employees Website wwwhdfcbankcom

Foundation year 1964 (10th largest bank in the world) Banking services Consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth management agriculture loan Total assets US$ 5879 billion Total income US$ 534 billion Headquarters amp infrastructure Bank is based in Mumbai with over 15000 employees and 2000 ATMs Website wwwidbicom

Citibank India

HDFC Bank

IDBI Bank

Source Reserve Bank of India Bank websites

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

43 43 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Mumbai is the capital of the state of Maharashtra and the financial capital of India The city houses a majority of the headquarters of large corporates and financial institutions in the country In addition major stock exchanges commodity exchanges and capital markets of India are situated in Mumbai During 2014-15 Mumbai accounted for 227 of the state income of Maharashtra Till December 2014 the number of micro small and medium enterprises (MSMEs) in Mumbai totalled 21895 providing employment to about 366000 individuals According to Maharashtra Industrial Development Corporation (MIDC) there are 305 industrial units in Mumbai About US$ 648 million has been invested by the corporation for various projects in Mumbai providing employment to about 50000 people in the area Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was launched by the Government of India on 3rd December 2005 to improve infrastructure of various cities in the country including Mumbai The program ended on 31st March 2014 however another development mission is being considered for different cities including Mumbai The Government has also commenced work for setting up a special economic zone (SEZ) in Nhava Sheva Navi Mumbai The project is being developed by Ms Jawaharlal Nehru Port Trust (JNPT) and planned by Ms LampT Infrastructure Engineering Limited The project obtained environmental clearance on 5th December 2014 LampT Infrastructure Engineering submitted the detailed plans for the project to the Government on 31st March 2015 Since then activities such as levelling of the area and initiation of tender process for the wall protecting the SEZ (Phase-1) have commenced

Source Maharashtra Economic Survey 2014-15

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

44 44 For updated information please visit wwwibeforg

MUMBAI AS FINANCIAL HUB OF INDIAhellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Further the Government is setting up the Delhi-Mumbai Industrial Corridor (DMIC) with the help of the Government of Japan which has agreed to lend US$ 45 billion for this project Seven nodes are in the development stage for the Phase-1 of the project which is expected to greatly boost Indiarsquos manufacturing sector The Government of Maharashtra sent a memorandum to the 13th Finance Commission to support the growth of Mumbairsquos infrastructure and develop it as an international finance centre In addition to providing US$ 159 million to the Government of Maharashtra for developing the infrastructure of Mumbai as a part of (JNNURM) the Government of India has released US$ 2663 million for the funding of Mumbai Metro to improve the transport infrastructure of Mumbai

Source Maharashtra Economic Survey 2014-15

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

45 45 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (14)

MAHARASHTRA GATEWAY TO INDIA

As of December 2014 the state had 66 registered biotech units of which 50 were MSMEs and another 16 were large scale units

Major pharmaceutical units such as Pfizer Johnson and Johnson GlaxoSmithKline Abbott and Sun Pharmaceutical Industries have presence in the state

Major opportunities have emerged in the pharmaceutical sector primarily in the areas of contract research contract manufacturing and clinical trials

The state has a well developed laboratory research and development infrastructure and a strong resource pool

As of August 2015 one of the leading pharmaceutical companies Nutra Plus started the commercial production of therapeutic and analgesic products in its Tarapur plant

Source Maharashtra Industrial Development Corporation MSME Micro small and medium enterprises

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

46 46 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is the base for top bio-agri companies such as Monsanto Mahyco and Ajeet seeds The western biotech cluster is Indiarsquos leading cluster accounting for 46 per cent of overall revenue of US$ 2614 million Maharashtra is the top contributor (3504 per cent) to Indias total biotech revenue Pune-based Serum Institute contributes about 13 per cent and 6 per cent to Maharashtra and Indiarsquos biotech revenue respectively Mumbai (with a revenue of US$ 566 million) and Pune (US$ 219 million) have made Maharashtra the leading biotech state in India The Maharashtra government has set up an international biotech park in Hinjewadi 10 km from Pune This is the first public-private biotechnology park initiative in the state In September 2013 Emcure Pharmaceuticals announced plans to invest US$ 382 million to set up three projects in Pune of which US$ 188 million will be used to set up an RampD facility US$ 126 million for oncology solid dosage amp steroid injectable facility and US$ 68 million for expanding the injectable facility As of August 2015 the project is in the planning stage and is expected to be operational by March 2016

Investment opportunities in biotechnology sector

Vaccines

Bioactive therapeutic proteins

Agriculture sector

Contract RampD

Clinical trials and outsourcing

Source Maharashtra Industrial Development Corporation MSME Micro Small and Medium Enterprises News articles

The state accounts for to 347 bulk drug manufacturing units and 693 formulation units Maharashtra also holds 17 large volume parenteral units nine vaccine units and about 1200 ayurvedic and cosmetics units

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

47 47 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation Economic Survey 2014-15

AUGUST 2015

Biotechnology amp Pharmaceutical SEZs in Maharashtra

Sector Status

Serum Bio-Pharma Park Pharmaceuticals amp Biotechnology Formal approval granted

Maharashtra Industrial Development Corporation Pharmaceuticals Formal approval granted

Wockhardt Infrastructure Development Limited Pharmaceuticals Formal approval granted

Mahindra and Mahindra Limited Biotechnology Formal approval granted

International Biotech Park Ltd Biotechnology Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Pharmaceuticals Formal approval granted

Inspira Infra (Aurangabad) Ltd (formally Ajanta Project (India) Ltd) Biotechnology Formal approval granted

Saloni Business Park Private Limited Biotechnology Formal approval granted

Veritas Infrastructure Development Limited Biotechnology Formal approval granted

SEZ Bio-Tech Services Private Limited Biotechnology Formal approval granted

Registered BT units (up to March 2014)

BT units Total units Investment (US$ million) Employment

Registered LOI Registered LOI Registered LOI

MSME 50 15 433 298 872 338

Large 16 7 1858 881 712 931

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

48 48 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash PHARMACEUTICALS AND BIOTECHNOLOGY hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

GlaxoSmithkline Pharmaceuticals Ltd

Cipla Ltd

bull GlaxoSmithkline Pharmaceuticals established in 1924 is one of the oldest players in the Indian pharmaceuticals industry In 2014-15 the company earned US$ 54212 million in revenues

bull The company produces medicines that treat major diseases such as asthma virus control infections mental health diabetes and digestive conditions The company is also a leader in the important areas of vaccines and is developing new treatments for cancer

bull GlaxoSmithkline is headquartered in Mumbai with manufacturing facilities in Nasik and Thane

bull Cipla is one of the major Indian companies in the pharmaceuticals sector with revenues of US$ 167212 million in 2014-15 It is also one of the oldest players in the sector

bull The company has manufacturing units at Vikhroli (Mumbai) and Patalganga

Wockhardt Ltd

bull Wockhardt headquartered in Mumbai is a major player in the integrated healthcare segment The companyrsquos market presence covers formulations biopharmaceuticals nutrition products vaccines and Active Pharmaceutical Ingredients (APIs) In 2014-15 the company earned US$ 31134 million in revenues

bull Wockhardt has set up a global scale biopharmaceuticals manufacturing park the Wockhardt Biotech Park in Aurangabad This state-of-the-art complex comprises six dedicated manufacturing facilities and is designed according to USFDA and EMEA standards

Lupin Ltd bull Lupin is one of the significant players and primarily derives its revenue from formulations Total

revenues of the company in 2014-15 were about US$ 160945 million

bull The company has manufacturing plants at Tarapur and Aurangabad The company is waiting for an approval from the Food and Drugs Authority to start commercial operations in Mihan-SEZ Nagpur

USFDA US Food and Drug Administration EMEA Europe The Middle East and Africa

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

49 49 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Source Maharashtra Industrial Development Corporation News Articles

IT is one of the top notch sectors in the state with maximum thrust development and investment

Over 2014-15 Maharashtra accounted for around 30 per cent of the countryrsquos software exports with the help of 1200 software units present in the state

The Government of Maharashtra is focusing on providing IT-related infrastructure fiscal incentives to IT units and an institutional framework for the IT sector

The prime ITITeS clusters are in Greater Mumbai Pune Thane and Nasik Pune is the leader in Business Process Outsourcing (BPO) services

As of March 2015 Maharashtra announced plans to establish three brownfield electronics manufacturing projects at Pune Aurangabad and Navi Mumbai As of May 2015 the state does not have any electronics policy however as a part of the lsquoMake in Indiarsquo initiative the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra Furthermore companies willing to invest in Pune are provided a subsidy of US$ 829 million as a part of the cluster scheme and incentives like reimbursement of VAT for goods produced and sold within the state

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

50 50 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Government initiatives

Additional floor space index for IT parks and recreational residential and other support facilities would be provided

Eligible IT-ITeS units covered under the Package Scheme of Incentives (PSI) would be exempted from the payment of electricity duty

IT units would be supplied with power at industrial rates

Property tax shall be levied on ITITeS units at par with residential rates

VAT on the sale of IT products would be generally charged at a minimum floor rate

Source Maharashtra Industrial Development Corporation News articles

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

51 51 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (34)

MAHARASHTRA GATEWAY TO INDIA

The most prominent Information Technology Parks in Maharashtra are-

Talawade IT Park Dehu-Moshi Road Pune

Millennium Business Park (MBP) Navi Mumbai

Hinjewadi IT Park Phase I Hinjewadi Pune

Hinjewadi IT Park Phase II Hinjewadi Pune

Kolhapur IT Park Kolhapur

Sangli IT Park Vishrambag Sangli

Nagpur IT Park Nagpur

Deogiri Infotech Park Aurangabad

Kharadi IT Park Kharadi Pune

Tata Consultancy Services Infosys Technologies Wipro Patni Computers i-Flex Technologies and Veritas are the leading

IT players in the state of Maharashtra

Source Maharashtra Industrial Development Corporation

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

52 52 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ITITeS AND ELECTRONICS hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Key players

Accenture

IBM

bull Accenture is a global management consulting technology services and outsourcing company with around 259000 people serving clients in more than 120 countries The company has several development centres across India

bull It has major operating centres in Mumbai and Pune In 2014-15 (for the nine months ending May 2015) the company earned revenues of US$ 2455 billion

bull IBM is one of the biggest IT solutions and product firms having presence across the globe

bull The company has a significant presence in India with centres in Pune In 2014-15 it earned revenues of US$ 9230 billion

Capgemini

bull Capgemini is a global IT major headquartered in Paris France and operates in more than 40 countries The company generated revenues of US$ 1150 billion in 2014-15

bull The company provides solutions across all verticals in the industry It has software centres in Mumbai Navi Mumbai and Pune In February 2014 the company opened a new facility at Pune with a seating capacity of 2800 persons adding to the 4000 people it employs at its Pune campus It is also looking to increase its workforce in the state

Infosys Technologies Ltd

bull Infosys is a well-known IT giant with development centres across India In 2014-15 the company generated revenues of US$ 785 billion

bull The company has a development centre at Wakad Pune and also a BPO centre in the city

bull Infosys has been allotted land in Mihan-SEZ Nagpur and was expected to start construction work in July 2014 In the first phase the company will invest US$ 788 million to accommodate 5000 software professionals

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

53 53

Maharashtra occupies an important place in both the production and export of engineering goods from the country The engineering industry in the state is highly diversified and produces a large range of machine parts from industrial machinery to industrial castings and forgings The industry which was initially concentrated in the Mumbai-Pune belt has spread all over the state with the major production centres in Nagpur Aurangabad Nasik and Kolhapur The major engineering items of production and export in Maharashtra are textile mill machinery machinery for sugar cement and chemical plants food processing machinery construction machinery tractors electric power machinery transmission line towers automobiles and ship building In 2014 Bharat Heavy Electricals Ltd (BHEL) announced plans to establish a solar photo-voltaic manufacturing facility in the state of Maharashtra with an investment of US$ 332 million The plant is expected to be operational by the first quarter of 2016-17 BHEL is setting up a new power equipment fabrication plant at Bhandara in the Vidharba region of Maharashtra The greenfield unit is being set up by the company with an initial investment of US$ 92 million and will provide direct employment to about 700 people It is setting up a silicon solar cell at Sakoli in the Bhandara district and also plans to set up a solar photo-voltaic cell unit in the state As of May 2015 the plant is in construction stage

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

54 54 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash ENGINEERING hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Larsen amp Toubro Ltd (LampT)

Greaves Cotton Ltd

bull Larsen amp Toubro Limited (LampT) is a diversified Indian conglomerate with interests in engineering and construction The company earned US$ 945 billion in revenues in 2014-15

bull LampT is one of the oldest running companies with headquarters in Mumbai The company has manufacturing facilities at Mumbai and Ahmednagar

bull Greaves Cotton is one of the oldest and well-diversified engineering companies in India

bull Its core products include dieselpetrol engines pump sets construction equipment and gensets

bull The company has manufacturing facilities at Chakan Chinchwad Chikalthana Shendra and Waluj The company earned US$ 27862 million in revenues in 2014-15

Siemens Group bull Siemens Group is a leading inventor innovator and implementer of leading-edge technology-enabled solutions operating in the core business segments of industry energy and healthcare

bull The company is based in Navi Mumbai In 2014-15 Siemens India earned revenues of US$ 117 billion

ABB

bull ABB is one of the leading engineering companies in the world The ABB group operates in around 100 countries and employs about 130000 people

bull The company offers an extensive array of products and services within power and automation technologies ABB operations in India include 12 manufacturing facilities with over 10355 employees

bull The company has a manufacturing facility in Mumbai In 2014-15 ABB India Ltd earned revenues of US$ 126 billion

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

55 55 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra contributes about 114 per cent to Indiarsquos textiles and apparels output Maharashtra is the largest cotton producer in India It accounted for about 85 lakh bales of cotton production in 2014-15 The state has the largest area under cultivation for cotton (4192 percent) The silk production of Maharashtra stood at 97 MT in 2012-13 which increased to 221 MT in 2014-15 The textile industry is the largest employer in Maharashtra and contributes around 28 per cent to Indias total exports Textile parks aimed to provide world-class infrastructural components for the textile sector and enhance productive capacity are being set up in Maharashtra to maintain its leadership position in textile exports and production Some of the textile parks are the Nardhana Textile Park in Dhule Butibori (Nagpur) Textile Park and Ambernath Textile Park As of May 2015 the state government plans to set up 8 new textile parks in the state

As per Budget 2015-16 the government has announced plans to facilitate an investment of US$ 984 million towards interest subsidy of 5-7 per cent on long term loans of the textile units in the state

AUGUST 2015

Cotton production (lakh bales) and area (lakh hectares) in Maharashtra

Year Area Production

2013-14 3872 8400

2014-15 4192 8500

In Budget 2015-16 the state government has announced plans to invest US$ 465 million towards 10 per cent capital subsidy on the long term loans of textile units based in Vidarbha Marathwada and North Maharashtra In order to facilitate power subsidy to the power looms the state government has proposed a investment of US$ 20446 million

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

56 56 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TEXTILES hellip (22)

MAHARASHTRA GATEWAY TO INDIA

Key players

Raymond

Bombay Dyeing

bull Raymond was incorporated in 1925 and is a leading Indian textile major The company is part of global conglomerate Raymond Group It generated revenues of US$ 43837 million in 2014-15

bull Raymond was the first in 1959 to introduce a polywool blend in India to creating the worlds finest suiting fabric ndash the Super 240s ndash made from superfine 116 micron wool

bull The Bombay Dyeing and Manufacturing Company Limitedrsquos textile products include bedding range bedding accessories bath linen hotel linen and industrial fabrics

bull Product range also consists of bed sheets bed covers quilts duvet covers dohars bed in bag sets blankets pillow cases cushion covers shams cushions pillows and bed decor sets pool towels bath towels hand towels and face towels The company generated revenues of US$ 39241 million in 2014-15

S Kumarsrsquo bull S Kumarsrsquo is one of Indias leading textile and apparel companies With expertise in multi-fibre manufacturing the company has extended its presence in multiple product categories from fabrics to apparels and home textiles

bull Its brands include Reid amp Taylor Belmonte SKumars Uniformity By Belmonte Carmichael House and Stephens Brothers

Siyaramrsquos bull Siyaram Silk Mills incorporated in 1978 is a leading producer of blended fabrics in India

bull The company is one of the most renowned vertically integrated textile companies in the country It operates the widest range of latest machinery in its eco-friendly plants at Tarapur Daman and Mumbai

bull The company earned US$ 21508 million in revenues in 2014-15

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

57 57

Maharashtra has a strong presence in the petrochemicals and oil and gas sectors The petrochemical industry has had significant growth in the state after the installation of offshore oil wells near Mumbai in 1976

Mumbai Nagothane Rabale and Patalganga are major petrochemical hubs while Thane Mumbai Pune and Wardha are chemical hubs

Opportunities primarily exist in the areas of polymers amp plastics fertilisers and synthetic yarns Key competitive strengths of the state in this industry are the strong upstream and downstream linkages for raw materials and products

Availability of oil amp gas from Bombay High oil fields (offshore of Mumbai) has spurred the large-scale development of the chemical and petrochemical industries in the state

Bombay High accounts for over 50 per cent of the countrys oil amp gas production In August 2015 Indraprastha Gas Ltd has invested US$ 3151 million in Maharashtra Natural Gas Ltd (MNGL) The purpose of the investment is to enhance the city gas distribution business of the company in Maharashtra

For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source Commissionerate of Agriculture GoM

Use of chemical fertilisers in Maharashtra

Year Total input (lsquo000

tonnes) Per hectare

consumption (kg)

2010-11 703 1638

2011-12 658 1552

2012-13 547 1161

2013-14 599 1194

2014-15 765 1476

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

58 58 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (23)

MAHARASHTRA GATEWAY TO INDIA

As of August 2015 the state government announced plans to establish a grid-connected canal top solar power project in the state at Jalgaon The project will feature a 75 MW solar photovoltaic power plant which will be established on the left bank canal of the dam As per the new energy policy of the state the government is planning to establish 14400 MW of fresh grid-connected capacity by 2019-20

In 2014-15 Maharashtra accounted for 1723 share in the biogas production of India The biogas production of the state was 357785 lakh cubic metres

Source Newsarticles

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

59 59 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash CHEMICALS OIL AND GAS ENERGY hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Oil and Natural Gas Corp

Hindustan Petroleum Corp Ltd

bull Oil and Natural Gas Corporation ranks as one of the leading oil and gas Exploration and Production (EampP) companies in the world in the terms of asset value It is one of the top five companies in India in terms of market capitalisation (US$ 561 billion as of 28 July 2014) The companyrsquos revenues for 2014-15 stood at US$ 1362 billion

bull The company has a production facility at Uran (Navi Mumbai) and the corporate office is in Mumbai It plans to invest US$ 810 million to build a new gas based fertiliser plant and it would invest US$ 9456 million for redevelopment of its Mumbai High (North) oil and gas field in the state of Maharashtra

bull Hindustan Petroleum Corporation Limited (HPCL) is one of the Navratna Public Sector Units (PSUs)

bull It is a major refining and oil retailing company in India HPCLrsquos revenue for 2014-15 was US$ 3411 billion

bull It has an oil refining unit on Mumbairsquos west coast

Bharat Petroleum Corp Ltd bull Bharat Petroleum Corporation Limited (BPCL) is engaged in the marketing and distribution refining trading and exploration of petroleum The companyrsquos revenues for 2014-15 stood at US$ 3929 billion

bull BPCL has a refinery in Mumbai

Reliance Industries Ltd

bull Reliance Industries Limited with revenues of US$ 5431 billion for 2014-15 is the largest private sector firm in India and ranks 99th on the Fortune 500 list based on revenues

bull The company has diversified interests in energy retail textiles petrochemicals infotel and SEZs

bull Reliance Industries Limited has manufacturing facilities at Nagothane Nagpur and Pathalganga in Maharashtra

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

60 60 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (13)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra accounts for approximately 351 per cent of the countryrsquos output of automobiles by value

The major automobile centres in the state include Pune Nasik Aurangabad and Nagpur Pune is the largest auto hub of India with over 4000 manufacturing units in the Pimpri-Chinchwad region alone Pune is home to large players like Bajaj Auto Limited Daimler Chrysler Limited Tata Motors etc

Nasik is home to one of Indias largest multi-utility vehicle manufacturers ndash Mahindra amp Mahindra Limited

In 2013 Audi India started production of the Audi Q7 luxury SUV in India at its Aurangabad plant in Maharashtra The company is manufacturing 1000 units of Audi Q7 currently from this plant

In February 2015 DSK Hyosung announced plans to set up a motorcycle manufacturing plant in Maharashtra The company announced an investment of US$ 58 million and the facility is expected to be functional by the end of 2020 with annual capacity of 1 lakh units

Automotive hubs in Maharashtra

In May 2015 one of the leading Chinese commercial vehicle manufacturers Beiqi Foton Motor announced plans to establish a manufacturing facility in Pune for the production of light vehicles Company signed a MOU with the state government worth US$ 27803 million

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

61 61 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (23)

MAHARASHTRA GATEWAY TO INDIA

ARAI Indias premier automotive RampD testing and certification organisation is in Pune It is Indiarsquos first Auto Cluster Development and Research Institute is in Maharashtra

In 2014 leading automobile companies Tata Motors Mahindra amp Mahindra Volkswagen and Bajaj Auto have announced plans to invest US$ 19 billion under ultra mega project category

Investment opportunities in the auto sector

Partnership and alliances for auto component sector

Vehicle retailing

Low cost vehicles

CVs to benefit from increasing infrastructure activity and heightened international interest

Diversification in two wheeler segment

Design centres

Auto financing

RampD

Source Economic Survey 2014-15 ARAI - Automotive Research Association of India

AUGUST 2015

Category wise number of a few categories of motor vehicles on the road in Maharashtra state

Vehicle Type 2013-14 2014-15

Motor-cycles scooters amp mopeds 16534977 18146051

Taxi cabs 184833 205811

Auto rickshaws 649136 719124

Ambulances 12404 12987

School buses 22759 25838

Private service vehicles 10519 23071

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

62 62 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash AUTO AND AUTO COMPONENTS hellip (33)

MAHARASHTRA GATEWAY TO INDIA

Key players

Bajaj Auto Ltd

Tata Motors Ltd

bull Bajaj Auto is a major Indian automobile manufacturer The company is the worlds fourth-largest two- and three-wheeler manufacturer with revenues of US$ 358 billion in 2014-15 The company manufactures and exports scooters motorcycles and auto rickshaws

bull The company is based in Pune with a regional office at Akurdi and manufacturing plants in Chakan (Pune manufactures motorcycles) and Waluj (near Aurangabad manufactures motorcycles and three-wheelers)

bull Tata Motors Limited is a multinational corporation headquartered in Mumbai India It acquired British automotive brands Jaguar and Land Rover in 2008

bull The company is the worldrsquos fourth-largest truck and bus manufacturer Total revenues of the company in 2014-15 were at US$ 596 billion

bull The company has an auto manufacturing and assembly unit at Pune The Pune unit is spread over two geographical regions ndash Pimpri (800 acres) and Chinchwad (130 acres)

Force Motors Ltd bull Formerly known as Bajaj Tempo Force Motors is a part of Firodia Enterprise that manufactures

Multi Utility Vehicles (MUVs) tractors Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs)

bull Matador was a popular LCV manufactured by Force Motors The company has a manufacturing unit in Pune In 2014-15 the company generated revenues of US$ 38773 million

Mahindra and Mahindra Ltd

bull Mahindra and Mahindra is one of the major auto manufacturers of India The company generated US$ 646 billion of revenues in 2014-15

bull The companyrsquos products include tractors SUVs and LCVs It has manufacturing facilities at Mumbai Pune Nagpur and Nasik

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

63 63 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (12)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra is a major trade and tourist destination of India attracting thousands of tourists from across the world every year It is the fourth most visited state of India

There are many temples in Maharashtra some of them being hundreds of years old constructed in a fusion of architectural styles borrowed from north and south India Maharashtra has its own folk music Folk musical programmes such as Gondhal Lavani Bharud and Powada are popular especially in rural areas

The state is home to the Hindi film industry Bollywood which produces the largest number of films globally Maharashtra has a score of pilgrimage destinations ranging from the ones that revolve around mythology (eg Nasik Warkar and Pune) and those celebrating the achievements of religious leaders and reformers (Shirdi Haji Ali shrine) to new age pilgrimage destinations such as the Osho Commune at Pune

AUGUST 2015

Tourist Arrival in Maharashtra (Lakh)

Nasik is one of the four sites of the Kumbh Mela which is held once in every 12 years The city is known as the place where Lord Ram spent 14 years in exile Maharashtra is the first state to declare a tourism district for tourism development Sindhudurg is the first district in Maharashtra to be declared as a tourism district

The state has launched Unlimited Maharashtra advertising campaign through newspapers and television channels to attract tourists during summer vacations A half-hour ferry ride across Mumbai harbor takes visitors to view the superbly carved 1300 years old cave temple on the little island of Elephanta a favourite picnic spot

In the 2015-16 budget an investment of US$ 694 million has been proposed for the development of beach tourism in Konkan The Konkan region of Maharashtra has a vast coastline of around 720 km

775 869

983

2012-13 2013-14 2014-15

Source Ministry of Tourism Government of India

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

64 64 For updated information please visit wwwibeforg

KEY INDUSTRIES ndash TOURISM hellip (22)

MAHARASHTRA GATEWAY TO INDIA

In December 2013 MTDC launched the Bollywood Tourism Project in Mumbai for a guided tour of the film industry in Mumbai For the development of tourism amenities at Mumbai Ratnagiri Sindhudurg Aurangabad Buldhana Kolhapur etc an investment of US$ 038 million was proposed in March 2015 by the state government of Maharashtra

Maharashtra Tourism Development Corporation (MTDC) is the nodal agency for the implementation of Tourism Policy in the state

The action plan in Tourism Policy 2006 has been articulated by the state government considering tourism potential coupled with employment potential for the development of the tourism sector

During 2013-14 under centrally sponsored scheme an investment of US$ 1123 million was sanctioned for the development of the tourism sector in Maharashtra Out of the total investment US$ 093 million was released and an expenditure of US$ 076 million was incurred

Funds sanctioned by state and expenditure incurred (US$ million)

Year Projects Funds

sanctioned Amount received

Expenditure incurred

2012-13 10 109 76 74

2013-14 6 469 121 68

Source Economic Survey of Maharashtra 2014-15 Ministry of Tourism

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

65 65

The Government of Maharashtra provides single-window clearance to all units to reduce the average time required for establishment of such units and issue various clearances required for setting up of industries at a single point The government has taken following steps for setting up committees at various levels

District-level committee under the chairmanship of the District Collector for proposals from SSI units

State-level committee under the chairmanship of Development Commissioner (Industries) for MSILSI units

Mega projects committee under the chairmanship of Secretary (Industries) for mega projects and FDI proposals

A Common Application Form (CAF) to be evolved for every applicant seeking to set up an industry andor expansion unit and development of information systemsoftware to process such applications online

Representatives of the concerned departments from whom the clearances are required to be the members of or invitees on the district state and mega projects committees The final decision will be given as far as possible within 30 days of receipt of dully filled CAFs

For updated information please visit wwwibeforg

SINGLEndashWINDOW CLEARANCE MECHANISM

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

66 66

Agency Description Contact information

Directorate of Industries

The work of the Directorate of Industries Maharashtra state is mainly confined to the development and progress of large-scale small-scale and cottage industries in the state The Department of Industries was reorganised and the Directorate of Industries was formed in August 1960 Control of cottage industries was transferred to the Directorate of Industries with effect from 1st December 1960 It also assists in the formulation and implementation of various policies and promotional schemes

Development Commissioner of Industries

Government of Maharashtra Directorate of Industries

New Administrative Building 2nd Floor Opposite Mantralaya

Mumbai Maharashtra-400 032

Phone 91-22-22028616 didcimaharashtragovin

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (13)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

67 67

Agency Description Contact information

Maharashtra Agro Industries

Development Corporation Limited

(MAIDC)

The objective of the company is to make available to the farmers of Maharashtra standard quality fertilisers pesticides agro engineering implements amp animal feed to the extent required amp at the time of requirement amp at competitive rates

Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as the state nodal agency by Ministry of Food Processing Industries Government of India In its role as state nodal agency it scrutinises amp forwards various proposals of entrepreneurs under different schemes of assistance from the Government of India It also helps entrepreneurs in preparing projects selecting the area etc

Krushi Udyog Bhavan Dinkarrao Deasi Marg Aarey Milk

Colony Goregaon (East) Mumbai- 400065 Maharashtra India

Phone 91-22-29272027 Email mdmaidcmumbaicom

Website wwwmaidcmumbaicom

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (23)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

68 68

Agency Description Contact information

Maharashtra Industrial

Development Corporation (MIDC)

1 MIDCrsquos objectives are a) To achieve balanced industrial development of

Maharashtra with an emphasis on developing parts and underdeveloped parts of the state

b) Help in infrastructural development of each and every district in Maharashtra

c) Facilitate entrepreneurs in setting up industries at various locations

MIDC is an agent of the state government for carrying out activities of acquisition and disposal of land provision of infrastructure facilities and providing other services to industrial centres

Udyog Sarathi Mahakali Caves Road Andheri (E)

Mumbai-400 093 Phone 91-22-268700525473

Fax 91-22-26871587 Email feedbackmidcindiaorg

Website wwwmidcindiaorg

For updated information please visit wwwibeforg

KEY INVESTMENT PROMOTION OFFICES hellip (33)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

69 69

Approvals and clearances required Respective departments

Prior to setting up the unit

Registration

Development Authority

Allotment of landshed

Permission for land use Industrial Development Authorities

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

Approval for construction activity and building plan Development Authority

No-objection certificate Fire Department

Provisional Trade Tax registrations

Central and State Excise Departments

Registration under Central Sales Tax Act 1956

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

70 70

Approvals and clearances required Respective departments

Before commencement of production

No-objection certificate under the Water Act 1974 and the Air Act 1981 Pollution Control Board

No-objection certificate Fire Department

Permanent Trade Tax registration under Central Sales Tax Act 1956 Central and State Excise Departments

Registration under Central Sales Tax Act 1956

After commencement of productionactivity

Registration Industries Department

For updated information please visit wwwibeforg

KEY APPROVALS REQUIRED hellip (22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Timelines for approvals and clearances

Department Timeline

Issuance of allotment order 15 days

Possession of plotshed 7 days

Building plans approval 15 days

Grant of water connection 10 days

Urban land ceiling permission 10 days

Source Economic Survey of Maharashtra 2014-15

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

71 71

Cost parameter Cost estimate Source

Land (per sq m) Commercial US$ 02 to US$ 11583

Industrial US$ 02 to US$ 5792 Maharashtra Industrial Development

Corporation (MIDC)

Power (per kWh) Commercial Average US 122 cents Agricultural Average US 36 cents Industrial Average US 86 cents

Economic Survey 2014-15

Labour (per day) US$ 2 to US$ 6

Ministry of Labour and Employment

Government of India Wage Rates April

2015

5-star hotel room (single occupancy per night)

US$ 97-US$ 220 Maharashtra Tourism Development

Corporation

For updated information please visit wwwibeforg

COST OF DOING BUSINESS IN MAHARASHTRA

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

72 72 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (14)

MAHARASHTRA GATEWAY TO INDIA

Housing Policy 2013

bull To generate low income housing from private developers

Read more

Objective

AUGUST 2015

Maharashtra ITITeS Policy 2015

bull To attract IT investments across the State and incentivize IT industry at all district headquarters in the State by providing additional incentives and continue to provide usual incentives as per the IT ITES Policy ndash 2009

bull To promote the development of special fields of application of IT such as animation visual effects gaming and comics

Read more

Objectives

Industrial Policy of Maharashtra 2013

bull To retain Maharashtra as the leader in industrial investment in the country

bull To create more employment opportunities

Read more

Objectives

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

73 73 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (24)

MAHARASHTRA GATEWAY TO INDIA

Port Policy 2010

bull To increase the speed of development of greenfield ports multi-purpose jetties and cargo terminals

Read more

Objective

Textile Policy of Maharashtra 2011ndash17

bull To lay special emphasis on raising processing units at various levels from cotton to manufacturing textiles to assure long term development

Read more

Objective

AUGUST 2015

Organic Farming Policy 2013

bull To promote and encourage organic farming in Maharashtra

Read more

Objective

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

74 74 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (34)

MAHARASHTRA GATEWAY TO INDIA

Child Development Policy 2002

bull To achieve child development in a planned structured and disciplined manner

bull The policy covers orphans destitute homeless and deviated children

Read more

Objectives

Special Economic Zone (SEZ) Policy 2006

bull To help in the growth of SEZs in the state

bull To encourage the growth of industries in Maharashtra

Read more

Objectives

Tourism Policy 2006

bull To promote tourism and develop hospitality infrastructure with private sector participation in the state

Read more

Objective

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

75 75 For updated information please visit wwwibeforg

STATE ACTS amp POLICIES hellip (44)

MAHARASHTRA GATEWAY TO INDIA

Maharashtra Biotechnology Policy 2001

bull To develop the biotechnology industry in the state and make it globally competitive

Read more

Objective

Grapes Processing Industry Policy 2001

bull The main objective of the policy is to develop the grape processing industry in the state thereby getting high product prices to farmers and creating better employment opportunities in the state

Read more

Objective

Water Policy 2002

bull To ensure the sustainable development and optimal use of water resources to provide the greatest economic and social benefit for the people in the state

Read more

Objective

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

76 76

Summit Venue of Summit Date

Conference on VENTURE CAPITAL AND PRIVATE EQUITY OPPORTUNITIES FOR SMEs

Mumbai 20th August 2015

3rd Annual International Event INDIA SME MANUFACTURING SUMMIT and 20th Foundation Day Celebration

Mumbai 28th August 2015

Annual Conference ADVANCED TECHNOLOGY TO IMPROVE BUSINESS PERFORMANCE IT | ICT | INDUSTRIAL TECHNOLOGY BUSINESS | PROCESS

Mumbai 11th September

2015

2nd Annual National Awards SME EXPORT EXCELLENCE AWARDS Mumbai September 2015

Annual National Awards INDIA SME EXCELLENCE AWARDS Mumbai September 2015

3rdAnnual Flagship Activity INDIA SME BANKING CONCLAVE Mumbai September 2015

3rd Annual Flagship Activity INDIA SME LEADERSHIP SUMMIT Mumbai 1st October 2015

10th Annual Flagship Activity GLOBAL SME PARTNERSHIP SUMMIT ldquoStrengthening Business Partnership Between SMEsrdquo Focus on JOINT VENTURE | TRADE | TECHNOLOGY TRANSFER | INVESTMENT | B2B

Mumbai 30th and 31st

October 2015

For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(12)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015 Source India conference alerts

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

77 77 For updated information please visit wwwibeforg

CONFERENCESSUMMITS FOR 2015-16hellip(22)

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

Source India conference alerts

Summit Venue of Summit Date

2ndAnnual Conference NRI BUSINESS PARTNERSHIP SUMMIT Mumbai 11th amp 12th January

2016

4th Annual MAHARASHTRA ECONOMIC SUMMI and MAHARASHTRA INDUSTRY AND BUSINESS EXCELLENCE AWARDS

Mumbai January 2016

Annual International Flagship Activity GLOBAL ENTREPRENEURS SUMMIT

Mumbai 5th amp 6th February

2016

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

78 78

Average exchange rates

For updated information please visit wwwibeforg

ANNEXURE

MAHARASHTRA GATEWAY TO INDIA

Year INR equivalent of one US$

2004-05 4481

2005-06 4414

2006-07 4514

2007-08 4027

2008-09 4614

2009-10 4742

2010-11 4562

2011-12 4688

2012-13 5431

2013-14 6028

2014-15 6060

2015-16 Q1 6401

AUGUST 2015

Source Reserve Bank of India

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015

79 79

India Brand Equity Foundation (IBEF) engaged TechSci to prepare this presentation and the same has been prepared by TechSci in consultation with IBEF All rights reserved All copyright in this presentation and related works is solely and exclusively owned by IBEF The same may not be reproduced wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation) modified or in any manner communicated to any third party except with the written approval of IBEF This presentation is for information purposes only While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of TechSci and IBEFrsquos knowledge and belief the content is not to be construed in any manner whatsoever as a substitute for professional advice TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation

For updated information please visit wwwibeforg

DISCLAIMER

MAHARASHTRA GATEWAY TO INDIA

AUGUST 2015


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