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INDIA
Published on Reaction video Jan 15,20121
How Maharastra Became the RICHEST State
Maharashtra is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. As the home of the Marathi people, Maharashtra is the second-most populous state in India as well as the second-most populous country subdivision. Maharashtra was formed on 1 May 1960 by splitting the bilingual Bombay State, which had existed since 1956, into majority Marathi-speaking Maharashtra and Gujarati-speaking Gujarat, respectively. The state capital is Mumbai, the most populous urban area in India. The Godavari and the Krishna are the two major rivers in the state. Marathi is the most widely spoken language and is also the official language of the state.The economy of Maharashtra is the largest in India . It is one of the most urbanised of Indian States.
Mumbai, the capital of Maharashtra is considered the financial capital of India with the headquarters of almost all major banks, financial institutions, insurance companies and mutual funds being based in the city. India's largest stock exchange Bombay Stock Exchange, the oldest in Asia, is also located in the city. More than 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra.
Maharashtra is India's leading industrial state contributing 13% of national industrial output. Almost 46% of the GSDP is contributed by industry. Maharashtra has software parks in many cities around the state, and is the second largest exporter of software with annual exports over ₹80,000 crores
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