Maharashtra is one of the leading states in adopting policies for promoting industrialization and encouraging development of industrially backward areas. The economic policies of the 1970’s steered the State to gain a prime position in industrialization. Since then, several changes in terms of policies have come into effect and structure of industries has changed substantially. The growth momentum was further pushed ahead by the liberalization policy adopted in August, 1991. Major industries in the State like

• Chemical & allied products
• Electrical & non-electrical machinery
• Textiles
• Petroleum & allied products
• Information technology
• Agro & food processing and
• Biotech sectors

Other important industries like

• Metal products
• Wine
• Jewelry
• Pharmaceutical
• Engineering goods
• Machine tools
• Steel & iron
• Castings and plastic wares

The State is pioneer in MSME sector. The State continues to attract industrial investments from both, domestic as well as foreign institutions.