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Maharashtra's economy is the largest among all states in the country. The
state recorded a Net State Domestic Product (NSDP) of over US$ 35.29 billion in
2003-04. It is a leading industrial state accounting for 20 per cent of the
country's investment, 17 per cent of Foreign Direct Investment, 20 per cent of
its industrial output and 40 per cent of its exports.
Maharashtra is a leading producer of oil & gas, petrochemicals,
pharmaceuticals and automobiles in the country. The state's large urban
population and growing services sector provide opportunities for investment in tourism, leisure and entertainment industries. Biotechnology is
another emerging sector. Mumbai, the state's capital city, is recognised as the
principal commercial and financial centre of the country.
The state boasts of its well developed transportation and industrial
infrastructure, which is among the best in the country. The Export Oriented
Units (EOUs) enjoy a competitive advantage owing to the presence of the
country's largest airport and container terminal in the state.
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