Question

Which product manufacturing unit suitable in nashik,maharashtra rural area?

Answer 1

The ‘Make in India’ campaign was launched to facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best in class manufacturing infrastructure in 25 sectors of the economy by providing the high quality standards and minimizing the impact on the environment. The campaign proved to be the boom for the country, as India emerged the top destination globally for foreign direct investment (FDI), surpassing the United States as well as the People’s Republic of China. Keeping in line of the initiative, the Government of Maharashtra started the initiative ‘Make in Maharashtra’ creating business friendly atmosphere with the target in the addition of foreign direct investment (FDI) and local investment in the region. Regardless of the impact of demonetisation, Maharashtra government signed MoUs worth Rs. 3.65 Lakh Crores involved industrial projects, mainly in the field of manufacturing. The state’s latest data shows that investments worth Rs. 1.66 Lakh Crores from these MoUs with the industries department are “on track”.

Maharashtra is a state in the western region of India . India’s second-most populous state and third-largest state by area. It has a long coastline stretching nearly 720 Kms. along the Arabian Sea. Mumbai, the capital of Maharashtra and the financial capital of India, houses the headquarters of most of the major corporate & financial institutions. India’s main stock exchanges & capital market and commodity exchanges are located in Mumbai. Maharashtra is one of the biggest contributors to Indian economy; the state has been growing at a faster pace than all-India average in most periods and is expected to continue the momentum. The state contributes 27% of total exports in India. Being the biggest contributor to India’s GDP 15%, Maharashtra has always remained in the forefront of country’s economic development. In 2015, the state gross domestic GDP stood at 398 Billion Dollars. It contributes whopping 18.9 % of INDIA’S GDP. The state attracts the highest FDI in the country; ~ 30 percent of the total FDI inflow. According to the DIPP, cumulative FDI inflows in the state of Maharashtra during April 2000 to March 2016 stood US$ 82.62 Billion. The state government has approved 18,709 industrial proposals during 1991-92 to 2014-15

MAHARASHTRA PROVIDES IDEAL INDUSTRIAL INFRASTRUCTURE

Maharashtra is the backbone of Indian economy. If India   grows at 8 percent than astonishingly Maharashtra growth would be at least 10 percent as it is gravitational centre of the country. One of the factors that has made the state’s position so powerful is its strong infrastructure, an ideal destination for setting up of industries.  Captive power plants, water supply, roads, waste management, drainage and effluent treatment at a very nominal rate is assured by the state government body resulting in multiple returns. It has 36 districts divided into six revenue divisions. Maharashtra’s 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.