Maharashtra is situated in the western region of the country. It is the most industrialised state in India and has maintained its leading position in the industrial sector in the country. The state shares borders with Gujarat, Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Karnataka, Goa and the Union Territory of Dadra and Nagar Haveli. On its west is the Arabian Sea. The state's capital, Mumbai, is the commercial capital of India and has evolved into a global financial hub. Maharashtra has a large base of skilled and industrial labour, making it an ideal destination for knowledge based and manufacturing sectors. Maharashtra’s gross state domestic product (GSDP) at current prices accounted for 14.89 percent of India’s gross domestic product (GDP) in 2017-18, the highest among all states. The GSDP grew at a CAGR of around 11.77 percent from 2011-12 to 2017-18 to reach USD 387.36 billion. The net state domestic product (NSDP) grew at a CAGR of around 11.75 percent from 2011-12 to 2017-18 to reach USD 340.41 billion. According to the DIPP, cumulative FDI inflows in the state of Maharashtra during April 2000 to December 2018 stood at USD 123.73 billion. Total exports from the state stood at USD 69.73 billion during 2017-18. During 2018-19, exports stood at USD 53.97 billion.