Maharashtra got Rs 84,958-cr FDI proposals during 1991-2010: Survey (2024)

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Now, delving into the article about Maharashtra's FDI proposals, let's break down the key concepts and provide insights:

1. Maharashtra's FDI Proposals (1991-2010):

   • The article discusses the FDI proposals received by the state of Maharashtra during the period from August 1991 to September 2010.
   • A total of 4,221 FDI proposals were received, amounting to a substantial Rs 84,958 crore.

2. Completion and Execution of Proposals:

   • The state economic survey reveals that 42% of the FDI proposals were completed, while 7% are under execution during the mentioned period.
   • This data signifies the outcome and progress of the proposed FDI projects, shedding light on the actualization of investments.

3. Major Investor Countries:

   • The United States and Mauritius emerge as prominent investors in Maharashtra's industrial sector, contributing 16% and 14% share, respectively, to the total FDI.
   • This information is crucial for understanding the global economic ties and the geographic sources of foreign investments in the state.

4. Sectors Attracting FDI:

   • The IT industry and financial services groups are highlighted as sectors that continued to attract significant FDI proposals in Maharashtra.
   • This insight indicates the specific areas within the state's economy that are appealing to foreign investors.

5. Special Economic Zone (SEZ) Policy:

   • Maharashtra adopted the SEZ policy from February 10, 2006, to promote economic activities and attract investments.
   • The article mentions that the state received 233 SEZ proposals up to November 30, 2011, with details about approvals and notifications.

6. Approval Statistics for SEZs:

   • Out of the 233 SEZ proposals, 116 were approved by the Central Government, and 63 of them were notified.
   • This provides information on the success rate of SEZ proposals and the extent to which these proposals translate into approved and operational zones.

In conclusion, this article offers a comprehensive overview of Maharashtra's FDI landscape, including proposal statistics, completion rates, major investor countries, key sectors attracting investments, and the impact of SEZ policies. The data presented reflects the economic dynamics of the region and its attractiveness to foreign investors during the specified period.