Maharashtra, the ‘Gateway to India’ 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 city of Mumbai is known as the trade and commerce capital of India. It is also the financial centre of India. 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 11.83 per cent from 2011-12 to 2018-19 to reach US$ 405.35 billion. The net state domestic product (NSDP) grew at a CAGR of around 11.75 per cent from 2011-12 to 2017-18 to reach US$ 340.41 billion. The budget estimate for GSDP at current price for 2019-20 is Rs 31.31 lakh crore (US$ 448.07 billion). During 2018-19, total merchandise exports from the state stood at US$ US$ 74 billion and US$ 33.80 billion during April-September 2019. According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflows in the state of Maharashtra during April 2000 to June 2019 stood at US$ 128.85 billion.