Exercises · Q6
Q."Maharashtra is India's leading industrial state." Explain the reasons for this and the role of the MIDC.
Maharashtra MsbshseTextbookSubjectiveImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →Why Maharashtra leads in industry. Several advantages come together:
- An early industrial start. Mumbai was the historic centre of India's cotton-textile industry, giving the state a long industrial head start.
- Access to capital. Mumbai, the financial capital of India, gives industry ready access to banks, stock markets and investors.
- Ports and location. A coastline with major ports (Mumbai and JNPT/Nhava Sheva) supports import of raw materials and export of finished goods.
- Infrastructure and labour. Good power, transport and a large skilled workforce, especially in the Mumbai–Pune–Nashik belt.
- Active state policy. Investor-friendly industrial policy and institutions — above all the MIDC — have kept the state the number-one investment destination.
These have made the Mumbai–Pune–Nashik industrial belt one of the densest concentrations of industry in India, spanning textiles, automobiles and engineering (Pune–Pimpri-Chinchwad), chemicals, petrochemicals and pharmaceuticals, electronics, food/agro-processing and Mumbai's gems-and-jewellery trade. …
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