Maharashtra a leading state for export in India till 2020 second largest in 2021, constitutes 22.7% of overall India’s exports.
Total export value of Maharashtra is USD 58.40 Bn (INR 431699.84 Crore) in FY 2020-21.
Top export products from Maharashtra are Pearls, Precious, Semi-Precious Stones; Drug formulations/ biologicals; Gold & Other Precious Metal, Jewellery; Motor Vehicles & Cars and Iron & Steel.
Top countries to which Maharashtra exports are USA, Hong Kong, UAE, Belgium, UK, China, Singapore, Mexico and Germany.
Maharashtra secured 2nd rank among all States and UTs in Export Preparedness Index (EPI) ranking 2020 published by NITI Aayog.
FDI inflow in Maharashtra stood at USD 20,899.10 million between October 2019 and December 2020, the highest among all states in India.
During Magnetic Maharashtra 2.0 in June 2020, the state attracted investment proposals of INR 1.13 lakh crore (USD 15.23 Bn) with expected employment of around 2.50 lakh.
As of October 2020, the state has 37 exporting SEZs across various sectors including textiles and apparel, food processing, footwear and leather products, multi-product, pharma and IT SEZs.
Data Source: Directorate General of Commercial Intelligence and Statistics (DGCIS)
