Professional Documents
Culture Documents
Oportunities in Maharashtra
Oportunities in Maharashtra
September 2009
MAHARASHTRA September 2009
• Skilled and cost-effective labour • Procedures for entry and exit of firms
• Labour market flexibility • Industrial regulation, labour regulation,
• Labour relations other government regulations
• Availability of raw materials and natural • Certainty about rules and regulations
resources • Security, law and order situation
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MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
3
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
A snapshot of Maharashtra
• Located in the western region of India,
Maharashtra is the third-largest state in India in
terms of area and the second-largest in terms of
population.
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STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
Socio-economic snapshot
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STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
US$ bn
1,168 in 2007–08. 80
60
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STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
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STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
• It accounts for 24.6 per cent of foreign direct Inflows received by top five destinations in India (%),
investment (FDI), 20 per cent of the country‘s April 2000–June 2009
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STATE ECONOMY AND SOCIO-ECONOMIC PROFILE
MAHARASHTRA September 2009
(in %)
Source: Economic Survey of Maharashtra 2008–09, page 22
Source: Economic Survey of Maharashtra 2008–09, page 21
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MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
10
INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
RAILWAYS
AIRPORTS
ROAD NETWORK
• Most cities in Maharashtra are well • Maharashtra has air connectivity with • The state has the largest road network
connected through an efficient railway 10 cities, the main airports being in the country with a total road length
Mumbai, Pune, Nagpur and Nashik.
network. of over 235,595 km.
• Mumbai is India‘s busiest airport.
• The Central Railways, one of the zones Further, an additional airport is being • National highways‘ length is 4,367 km
of the Indian Railways, has its proposed at Navi-Mumbai. and state highways‘ length is 33,800 km
headquarters in Mumbai, at the • A greenfield airport is proposed near Under the ongoing National Highway
Chhatrapati Shivaji Terminus. Pune. Development Programme (NHDP), 721
• 34 per cent of the country‘s km are being converted into four- to
• Maharashtra also has an intra-city
International passengers are handled by six-lane highways.
network of railways. The suburban
airports in Maharashtra.
railways is responsible for carrying 6.1 • The Mumbai-Pune Expressway forms an
million passengers every day. important link between the financial and
the cultural capital of the state.
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
• There are two principal ports at Mumbai and Nhawa Sheva (JNPT) along the state‘s 720 km
coastline. In addition, the state has 48 smaller ports.
• JNPT is the country's largest container port, with container traffic of over 4.06 million 20-foot-
equivalent unit (TEUs) in 2007–08. It also ranks among the top 30 container ports in the world.
JNPT has a container terminal operated by P&O, UK, which has been developed through private
investment on a build-operate-transfer (BOT) basis.
• The road connectivity to the JNPT port shall significantly improve on completion of the ongoing
expansion of the national highway linking the port to the mainland.
Source: Yearly performance, JNPT port, www.jnport.gov.in, accessed on September 20, 2009
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
• Installed capacity of thermal stations continued to form the largest share (51 per cent) of the installed
generating capacity followed by hydro stations.
• The peak requirement for power in the state stood at 17,489 MW for the year 2007–08.
• The industrial sector is the largest consumer followed by domestic and then agriculture.
Source: Economic Survey of Maharashtra 2008–09, page 135
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
• The state‘s education network consists of 10 universities, over 1,800 higher education institutions,
72,053 primary schools and 20,339 secondary schools.
• The state has 549 engineering colleges with an annual intake of over 100,000 students.
• In addition, there are 617 Industrial Training Institutes (ITIs) and 53 architecture colleges with an
annual intake capacity of over 95,000 and 2,500, respectively.
• The state also has a number of reputed national R&D institutions including:
• Centre for Development of Advanced Computing (C-DAC)
• There are 253 medical institutes and 136 nursing colleges with an annual intake of over 10,926 and
3,500, respectively, in the state.
• The network of public and government-aided health facilities in the state comprises 1,099 hospitals,
2,072 dispensaries and 1,818 primary health centres.
• The number of beds in various public and government-aided health institutions in the state is 94,603,
which is 88 beds per million population.
Source: Economic Survey of Maharashtra 2008–09, page 191
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
• Pune is the second-largest city in Maharashtra and the sixth-largest city in the country.
• The city houses a large number of national and international players from the automobile and IT
industries, including Tata Motors, Bajaj Auto, Daimler Chrysler, Fiat, Bharat Forge, Tata Consultancy
Services, Infosys and Wipro, among others.
• It has 12 industrial areas focussing on automobiles, chemicals, consumer durables, engineering and
information technology.
• It is also a prominent education centre with the presence of over 100 colleges and institutions.
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INFRASTRUCTURE STATUS
MAHARASHTRA September 2009
• Nashik is an important commercial and religious • Being centrally located, Nagpur has excellent
centre in the state. road and rail connectivity to all parts of the
country.
• It has a significant presence of automobile and
auto-components, engineering and grape
• Its unique location in the Indian sub-continent
processing industries.
makes it a viable passenger and cargo hub.
Infrastructure status
Business opportunities
Key players
22
STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
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STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
• Creating incentives for investments and for employment generation in districts low on the Human
Development Index
• Strengthening the small and medium enterprise (SME) sector through promotion of quality, competitiveness,
research and development, and technology upgradation
• Facilitating smooth exit option for sick industries and, in some cases, reviving sick units if viable
• Permission for 24x7 working hours and • Land allotment process to be made easier
relaxation of labour laws
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STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
• Fiscal incentives, including stamp duty and electricity duty exemptions, and other incentives available to
IT units
26
STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
• Development of special economic zones (SEZs) in • Exemption of all state and local taxes and
the state levies for transactions with the SEZ and for
supply from domestic tariff areas to the SEZ
• SEZs, earmarked as duty-free enclaves, have a
relaxed and business-friendly policy regime aimed • Exemption from stamp duty and registration
at promoting rapid industrial development and fees
employment generation
• Grant of labour and environment related
permits and approvals through a dedicated
single-window mechanism
• In order to improve the management of existing industrial infrastructure in the state, the government is
planning to set up ‗industrial township authorities’ in respective industrial areas.
• These authorities will be autonomous bodies responsible for managing common infrastructure with
active participation from industrial units located in the area.
• They will also collect taxes and revenues for various services.
• In the first phase, 12 such industrial township authorities shall be set up.
• The government is also planning to develop industrial parks through private sector participation.
• The state‘s electricity sector is considered among the more progressive ones and the state government
has taken steps to further streamline the sector.
• The Maharashtra Electricity Regulatory Commission (MERC) has been set up under the provisions of
the Electricity Regulatory Commission Act, 1998.
• The process of restructuring the Maharashtra State Electricity Board (MSEB) is underway.
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STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
Electricity duty:
• Export-oriented units (EoUs), information technology (IT) and biotechnology (BT) units, and industries set up in SEZs and
electronic hardware technology parks will be exempted from payment of electricity duty for a period of 10 years
Waiver of stamp duty and registration fees:
• New, as well as units undertaking expansion/diversification, will be exempted from payment of stamp duty up to March 31,
2011. Stamp duty exemption would be available as given below:
• BT and IT units in public parks: 100 per cent
• BT and IT units in private parks: 75 per cent
• Mega projects: 50 per cent
Strengthening micro, small and medium enterprises (MSMEs):
• Incentives to promote quality competitiveness, research and development, and technology upgradation:
• 5 per cent subsidy on capital equipment for technology upgradation subject to a maximum of US$ 60,975
• 50 per cent subsidy on expenses incurred for quality certification limited to US$ 2,440
• 25 per cent subsidy on cleaner production measures limited to US$ 12,196
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STATE POLICIES AND INCENTIVES
MAHARASHTRA September 2009
Special incentives for units coming up in the low Human Development Index districts:
• New units setting up facilities in notified districts (Annexure-II) and employing at least 75 per cent local persons as defined in
the Employment of Local Persons Policy will be offered 75 per cent reimbursement of expenditure on account of contribution
towards Employee State Insurance (ESI) and Employee Provident Fund (EPF) schemes for a period of five years
Mega projects*
• Quantum of incentives within the approved limit to be decided by high-powered committee under the chairmanship of Chief
Secretary, Government of Maharashtra
* Mega projects can be defined as ‗industrial projects with investment of more than US$ 122 million or
generating employment for more than 1,000 persons or projects with investment more than US$ 61
million or generating employment for more than 500 persons‘, and would be eligible for a customised
package of incentives such as exemption from sales tax for two years for mega projects in Pune
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BUSINESS OPPOTU
MAHARASHTRA September 2009
Royalty refund:
• All eligible units, new as well as old units, undertaking expansion in Vidarbha region to be eligible for refund of royalty paid on
purchase of minerals from mine owners within the state of Maharashtra for a period of five years from the date of
commencement of commercial production
Promotion of education and research institutions:
• Educational and research institutions of international or national standards, including world-class business education
institutions, to be provided land in industrial areas/estates at nominal or concessional rates
• Maharashtra pioneered the establishment of institutions of democratic decentralisation and local self-governance several
decades ago. The concept has been extended through statutory amendments to enable the establishment of independent
industrial townships
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MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• Key financial institutions, such as the Bombay Stock Exchange, National Stock Exchange and the RBI, are
located in the state.
• Over 90 per cent of India's mutual funds are registered in the state.
• Around 20 per cent of the aggregate deposits of scheduled commercial banks are in Mumbai.
33
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• The three largest industrial groups in India — namely, Tata Group, AV Birla Group and Reliance —
have their flagship companies in Maharashtra.
• Maharashtra also enjoys the largest share of the total FDI and foreign collaborations approved by the
Government of India. These include Coco Cola, Mercedes Benz, Siemens, Procter & Gamble and
Unilever, among others.
Source: Economic Survey of Maharashtra 2008–09, pages 78, 82
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• The state has an abundance of cotton, which is its key competitive advantage.
• It accounted for about 62 million kg of cotton production, which was 21 per cent of the country‘s total
production, and produced 267 million kg. of cotton yarn in 2007–08.
• As of 2007–08, the state‘s installed capacity was 3.96 million spindles, 53,548 rotors and 17,729 looms.
• Steps to strengthen the textile industry in the state include establishing textile parks at Nagpur, Dhule
and Ambernath.
• Key players in the state include Bombay Dyeing, Century Textiles,Vertex Spinning and Raymond.
• Raymond plans to expand its denim manufacturing capacity at Yavatmal from 20 to 30 million metres
per annum.
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
Mumbai Port
Burgeoning
Mumbra Port retail sector FTWZs
— Mumbai
— Pune
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
The container traffic handled during the year 2008– • The Pune-Nashik-Baroda belt, dominated by
09 was 3.95 million TEUs against 4.06 million TEUs
handled during 2007–08.The overall growth in total Telco, Mahindra, Fiat and GM, is an emerging
traffic was 2.58 per cent. hub for the auto industry nationally.
Sources: Economic Survey of Maharashtra 2008–09, page 148.; Yearly performance, JNPT port, www.jnport.gov.in, accessed on September 20, 2009
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• 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 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 centers being Nagpur, Aurangabad, Nashik 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.
• Some of the key engineering companies situated in Pune include Bharat Forge Ltd, the world‘s second-
largest forging company, and Cummins Engines Co Ltd.
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
42
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• Maharashtra accounts for more than 30 per • Major IT players present in the state
cent of the country's software exports, with include Tata Consultancy Services,
over 1,200 software units based in the state. Infosys Technologies, Wipro, Patni
Computers, i-Flex Technologies,Veritas.
• The Government of Maharashtra is focussing on
providing IT-related infrastructure, fiscal
• BPOs of large national and international
incentives to IT units, IT in governance and in
players in the state include LG, HSBC,
providing an institutional framework for the IT
Aviva, vCustomer, Xansa, EDS and e-
sector.
Gain, among others.
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• 40 per cent of India‘s Internet users. • Hughes Communications Ltd to set up 100
information communication technology
• 35 per cent of PC penetration in the country. (ICT) kiosks each in Nashik and Sangli
districts, generating around 600 jobs.
• 169,000 trained technical personnel added to
manpower pool each year.
• Organised ‗Gram Baithaks‘ to demonstrate
• Development of large number of IT parks in services and applications that ICT kiosks
both the public and private sector and can offer.
development of knowledge corridor.
44
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• The state accounts for 32 per cent of the • Low costs, strong manufacturing base.
country‘s biotech output.
• Well-developed laboratory and R&D
infrastructure.
• It has strong research capabilities and accounts
for over 30 per cent of the country‘s patents.
• A strong resource pool.
• The state has a presence of reputed companies • Presence of reputed companies focussing
focussing on the biotech sector, including on the sector, including Wockhardt,
Wockhardt, Nicholas Piramal, Cipla and Lupin, Nicholas Piramal, Cipla, GlaxoSmithKline,
among others. Johnson & Johnson.
45
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• Maharashtra has a strong presence in the chemicals, petrochemicals, and oil and gas sector.
• The petrochemical industry has witnessed tremendous growth in the state after the installation of
India's offshore oil wells near Mumbai in 1976.
• The state contributes 27.4 per cent of the country‘s chemicals, petrochemicals, and oil and gas output.
• It also accounts for 18.2 per cent of the country's employment in the sector.
• Maharashtra contributed as much as 15 per cent of the total production of basic petrochemical
products during 2006–07, second only to Gujarat.
• Opportunities in the chemicals sector primarily exist in the areas of polymers and plastics, fertilisers
and synthetic yarn.
46
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• Large areas of the state have been brought under fruit cultivation. Some of Maharashtra‘s well-known
agro products include Nagpur and Bathplug oranges, the Alphonso mangoes and the grapes of Nashik.
• The state pioneered the use of water saving technologies, such as drip and sprinkler irrigation and the
watershed programme, and accounts for 60 per cent of the total area under drip irrigation in the
country.
• The Government of India (GoI) has announced the creation of the Agri Export Zone (AEZ) for
promoting greater exports of fresh and processed agricultural produce from the country. The state has
identified eight potential horticultural crops of commercial importance for the AEZ.
• The main food crops of Maharashtra are mangoes, grapes, bananas, oranges, wheat, rice, jowar, bajra, and
pulses. Cash crops include groundnut, cotton, sugarcane, turmeric and tobacco.
• Sugar output in the state in 2007–08 was pegged at 909 lakh million tonnes with an average recovery
rate of 11.9 per cent.
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
5
• Well-developed basic infrastructure.
0
2001-2002
• Four agriculture universities and a chain of 1999-2000 2005-2006
agriculture research institutions. -5
2002-2003 2004-2005
50
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
51
BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• Mumbai is the nerve centre of the Indian film, media and entertainment industry.
• Mumbai is also the celluloid capital of India. The city is home to the country's first I-MAX dome theatre
as well as cinema multiplex.
• The city has famous film studios such as Film City in Goregaon, Natraj in Andheri and RK Studio in
Chembur.
• Maharashtra is also home to the famous Film and Televsion Institute of India (FTII) in Pune. Established in
1960, the FTII is one of the oldest and best institutes in the field of film making and television programme
production.
• The Hindi film industry is worth nearly US$ 1.22 billion and presents a huge investment opportunity in
several areas such as film production, studios (indoor and outdoor), music recording, editing,
choreography, etc.
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BUSINESS OPPORTUNITIES
MAHARASHTRA September 2009
• In 2001, the state government announced an Films produced in 2006 (based out of Mumbai, Maharashtra)
entertainment tax waiver policy, under which the Hindi Marathi Bhojpuri
tax was not levied on new multiplexes in 223 73 76
Maharashtra for the first three years of their
operations. Further, 75 per cent of the
Tourism
entertainment tax for the following two years
has also been waived as per the policy. • The Maharashtra Tourism Development
Corporation (MTDC) recorded a 100 per
cent increase in revenues from US$ 0.86
million in 2005 to US$ 1.45 million in
2006–07.
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MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
54
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• It is India's largest business house with total revenues of • ICICI Bank was formerly the Industrial Credit and
US$ 34.7 billion and exports worth US$ 21 billion in 2007– Investment Corporation of India.
08. • ICICI Bank is India's largest private sector bank in market
• The group's activities span exploration and production capitalisation and second-largest overall in terms of assets.
(E&P) of oil and gas, refining and marketing, petrochemicals • The bank has total assets of about US$ 77 billion (June
(polyester, polymers and intermediates), textiles, financial 2009), a network of over 1,500 branches and offices, about
services and insurance, power, telecom and infocom 4,800 ATMs and 24 million customers.
initiatives. • It offers a wide range of banking products and financial
• The group has emerged as India's largest wealth creator in services to corporate and retail customers through a variety
the private sector. of delivery channels and through its specialised subsidiaries.
• The group has its corporate headquarters at Mumbai. It also affiliates in the areas of investment banking, life and
non-life insurance, venture capital and asset management.
• ICICI Bank is headquartered at Mumbai.
55
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Bharat Petroleum Corporation Ltd (BPCL) was established • Larsen & Toubro (L&T) is India's largest engineering and
in 1976 with the nationalisation of the Burmah Shell Group construction conglomerate.
of Companies by the Indian government. • Founded in 1938, the company is headquartered in Mumbai.
• It is one of India's largest public sector unit (PSU) • The company had a revenue of US$ 7.4 billion in 2008–09
companies, involved in the refining and retailing of and about 35,000 employees in 2007.
petroleum products. • It generates almost 85 per cent of its revenue from the
• The PSU‘s revenues stood at US$ 31.6 billion in March construction business.
2009. • L&T's in-house capabilities in technology development are
• BPCL sells its products through a network of 8,402 retail complemented by tie ups with world leaders.
outlets and 2,117 liquified petroleum gas (LPG) distributors • The company has the infrastructure for its global operations
across India. with office locations in the US, Europe, the Middle East and
• BPCL's refinery in Mahul, Mumbai, processes about 9 million Japan.
metric tonnes of crude oil per annum. The unit has so far
processed 61 different types of crude, making it one of the
most flexible refineries in the country.
56
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Hindustan Unilever Limited (HUL), formerly Hindustan • The Godrej Group, headquartered in Mumbai, was founded by
Lever Limited, is India's largest consumer products Ardeshir and Pirojsha Godrej in 1897.
company and was established in 1933 as Lever
• The group is one of the largest industrial groups in India, involved
Brothers India Limited.
in businesses such as appliances, precision equipment, machine
• With over 15,000 employees, it is currently
tools, furniture, office equipment, food processing, security,
headquartered in Mumbai.
• The company has leadership in the home and personal materials handling and industrial storage solutions, construction
care products section, and in foods and beverages. and information technology.
HUL's brands are spread across 20 distinct consumer • The group‘s revenue was approximately US$ 1.875 billion in
categories. 2007–08.
• It achieved a scale of combined volumes of about 4
• The group operates across India and its products are exported
million tonnes and sales of US$4.5 million in over the
to more than 40 countries.
period January 2008 to March 2009.
• The group can broadly be divided into two major holding
• HUL products are manufactured in 80 factories. The
companies that work independently — Godrej Industries Ltd and
operations involve more than 2,000 suppliers and
associates. Godrej & Boyce Mfg. Co. Ltd.
57
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Mahindra & Mahindra Limited (M&M), the Mumbai- • ACC, set up more than six decades ago, is one of India‘s
headquartered flagship company of the Mahindra Group, largest cement manufacturers.
was set up in 1945. • A pioneer in cement and ready-mixed concrete (RMC),
• It is a US$ 4.5 billion conglomerate (December 2008) and Mumbai-based ACC is also a leading Indian player in the
has a leadership position in the Indian automotive sector. refractories segment. ACC manufactures various types of
• M&M is present in the automotive sector, the farm ordinary portland cement, composite cement and special
equipment sector, and the systems and technologies cement.
sector. It is the leading manufacturer of multi-utility • The management control of the company was taken over by
vehicles (MUV) and tractors in India. Swiss cement major Holcim in 2004.
• By 2005, M&M had become the largest producer of MUVs • The company is the only cement company to get the
in India. ‗Superbrand‘ status in India.
• The company recently started a separate unit, the • It also provides consultancy services in the areas of project
Mahindra Systems and Automotive Technologies (MSAT), engineering, geological investigation and environment
to focus on developing components and offering management.
engineering services.
58
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Bajaj Auto is India‘s leading two-wheeler manufacturer. • Bharat Forge Ltd (BFL) , founded in 1961, is the world's
Founded in 1945, the company has 10,250 employees second-largest forging company and the largest in Asia.
(2006–07) and a revenue of US$ 1.82 billion (March • The company, based in Pune, has nine manufacturing plants
• Bajaj Auto makes five kinds of motorcycles, two kinds of component manufacturing and exports.
scooters and eight kinds of three wheelers. • In 2008–09, BFL recorded sales of US$ 459 million.
• Based in Pune, the company has three plants in • BFL has manufacturing facilities at nine locations spread over
Maharashtra, at Akurdi, Waluj and Chakan. six countries — India, Germany, Sweden, Scotland, North
• The company has a technical tie-up with Kawasaki Heavy America and China.
Industries of Japan to produce a range of the latest, state- • The company's international operations are carried out by
59
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• The Kirloskar Group, founded in 1888, is one of India's • Tata Chemicals Ltd is a Tata Group Company (India) that is
largest engineering and construction conglomerates. headquartered at Mumbai.
• The group produces pumps, engines, compressors, lathes • The company was a pioneer in the branded, iodised salt
and electrical equipment such as motors, transformers segment.
and generators; it is the world‘s largest genset • It employs 4,900 people and had an annual turnover of US$
manufacturer. 1.8 billion in 2008–09.
• The group‘s products are exported to more than 70 • The various products manufactured by Tata Chemicals find
countries. applications in agriculture, animal nutrition, construction,
food products, glass, metals, pharmaceuticals, safety and
environment, soaps and detergents, textiles and leather.
• The company manufactures about 34 per cent of the
country's soda ash.
60
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• The Essel Group is one of India‘s prominent business • Jet Airways, a Mumbai-based company, started commercial
houses with a diverse portfolio of businesses in media, airline operations in May 1993.
packaging, entertainment, technology-enabled services, • The airline, India‘s largest private sector airline, operates
infrastructure development and education. more than 380 flights daily across 63 destinations within
• Essel, a Mumbai-based company, was started in 1976 with India and to 20 international destinations.
the commodity trading and export firm, Rama Associates • In April 2007, Jet Airways bought out Air Sahara for US$
Limited. 340 million.
• The deal has given the airline a combined domestic market
share of about 32 per cent.
• The company has a fleet size of approximately 84 aircraft
and a staff strength of 10,017 people.
61
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Pantaloon Retail, the flagship company of the Future • The Indian Hotels Company and its subsidiaries are collectively
Group, is India‘s leading retailer that operates multiple known as Taj Hotels Resorts and Palaces, recognised as one of
retail formats in both the value and lifestyle segments Asia's largest and finest hotel companies.
of the Indian consumer market. • The company opened its first property, The Taj Mahal Palace
• Headquartered in Mumbai, the group operates over 12 Hotel, Bombay, in 1903. The Taj, a symbol of Indian hospitality,
million sq ft of retail space, has over 1,000 stores completed its centenary year in 2003.
across 71 cities in India and employs over 30,000 • The company comprises 59 hotels at 40 locations across India
people. and 17 international hotels in the Maldives, Mauritius, Malaysia,
• The company‘s leading formats include Pantaloons, a the UK, the US, Bhutan, Sri Lanka, Africa, the Middle East and
chain of fashion outlets; Big Bazaar, a uniquely Indian Australia.
hypermarket chain; Food Bazaar, a supermarket chain; • The company is grouped into the luxury, leisure and business
and Central, a chain of seamless destination malls. categories to provide consistency and standardisation across
different hotels.
62
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• It is one of the fastest growing global pharmaceutical companies in • NPIL is the flagship company of the US$ 500
India. million Piramal Enterprises (PEL).
• Headquartered in Mumbai, Pfizer Limited (India) has a turnover of • Headquartered in Mumbai, it came into existence
US$ 135.24 million (November 2008) and a staff strength of more in 1988 when it acquired Nicholas Laboratories
than 2,300 employees. from Sara Lee.
• Pfizer has made clinical research investments of US$ 5.66 million in • The company is India's second-largest
India. pharmaceutical healthcare company.
• Seven Pfizer brands feature among the Top-100 pharmaceutical • NPIL has a 2,700-strong field force and, with its
brands in India. joint ventures with several companies, it has 16
• Pfizer‘s plant at Thane, near Mumbai, has won a number of national strong brands in the Indian pharma industry.
safety awards. • In the last 15 years, the company has grown
• Pfizer Inc.'s India unit sold Johnson & Johnson's local arm the primarily on acquisitions, mergers and alliances.
exclusive license for trademarks related to the cough syrups • Piramal Healthcare recorded a consolidated
Benadryl and Benylin, anti-allergic lotion Caladryl and Listerine revenue of US$ 499 million for 2008–09.
mouthwash, as well as other assets for US$ 52 million in early 2008.
63
KEY PLAYERS
MAHARASHTRA September 2009
Key players
• Tata Consultancy Services, a part of the Tata Group, is one of India's largest IT organisations.
• It began operations in 1968 and offers services to Fortune 500 clients across 55 countries.
• TCS has its headquarters at Mumbai and development centres at Mumbai and Pune.
• In 1981, TCS set up the Tata Research, Design and Development Centre (TRDDC), India's first industrial software R&D
centre, in Pune. The core areas of research are systems and software engineering, process engineering, embedded systems,
VLSI, bioinformatics and security.
• TCS has strategic, technical and marketing alliances with companies such as Adobe Systems, Retail Pro, Microsoft
Corporation, Mercury Interactive Corporation, Web Health Systems Ltd and IBM.
64
MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
65
DOING BUSINESS IN MAHARASHTRA
MAHARASHTRA September 2009
66
DOING BUSINESS IN MAHARASHTRA
MAHARASHTRA September 2009
Strong Strong
• 13 per cent of engineering colleges (344) services industrial
sector base
• 19 per cent of management institutions
67
DOING BUSINESS IN MAHARASHTRA
MAHARASHTRA September 2009
68
MAHARASHTRA September 2009
Infrastructure status
Business opportunities
Key players
69
OVERALL STATE COMPETITIVENESS
MAHARASHTRA September 2009
Advantage Maharashtra
• Maharashtra is the largest economy in the country, with a high per capita income.
• It is the most industrialised state with a strong presence of petrochemicals, automobiles, financial
services, IT/ITeS and textile industries.
• The state is one of the most attractive investment destinations in the country, accounting for 27 per
cent of exports.
• It has a large network of professional education institutions, the presence of reputed R&D centres and
superior support infrastructure.
70
OVERALL STATE COMPETITIVENESS
MAHARASHTRA September 2009
Tourism
IT-based industries
Agro-based industry
Mineral-based industry
Engineering industry
Chemicals industry
Logistics
Policy incentives
71
OVERALL STATE COMPETITIVENESS
MAHARASHTRA September 2009
Power
Transportation
Industrial estates/areas
Legend
High Medium Low Proposed
72
MAHARASHTRA September 2009
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