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Maharashtra’s economy is projected to grow at 7.3% in 2024-25, exceeding India’s estimated 7% GDP growth, according to the state’s Economic Survey. This expansion is driven by strong performances across agriculture, industry, and services.
The agricultural sector is expected to witness an 8.7% growth, aided by a favourable monsoon and increased productivity. The industrial sector is projected to grow by 6.9%, with infrastructure projects and manufacturing investments playing key roles. Meanwhile, the services sector, which dominates the state’s economy, is estimated to expand by 7.4%.
Maharashtra remains India’s largest economy, contributing 14% to the national GDP. The survey highlights increased capital expenditure, improved urban infrastructure, and policy measures to boost industrial growth. However, concerns over debt management and fiscal deficit remain areas of focus for the state government.
