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Why Rural India...?

70% of 1.27B Indians live in Rural India. That’s approximately 889M people…India has a 68% Literacy Rate. That’s approximately 604M people…

39% of the literate below the Age of 35 are Graduates and Post Graduates in Engineering, Information Technology and Humanities.......
That’s 235M Young & Educated People… Phew…. What a Country…. Where else can you have the world’s largest backoffice…!!!

India has always been known for its rich and diverse heritage, culture and family values. Now, it not only has the world’s largest educated population but also technology in its lap and the availability of manpower in almost any skill-set. To have an overview of where Rural Maharashtra in India stands today read below…

Why Rural Maharashtra…?

Maharashtra is a state in the western region of India and is the second-largest in terms of population. It has over 110 million inhabitants. Maharashtra's business opportunities along with its potential to offer a higher standard of living attract migrants from all over India. Maharashtra is the most urbanized state in India. The economy of Maharashtra is driven by international trade primarily in Information Technology, Mass Media, Aerospace, Technology, Petroleum, Fashion, Apparel, and Tourism. Maharashtra is the most industrialized state and has maintained the leading position in the industrial sector in India. The State is a pioneer in SME segment. Mumbai, the capital of state and the financial capital of India, houses the headquarters of most of the major corporate and financial institutions. The State continues to attract investments from domestic as well as foreign institutions. Maharashtra has the largest proportion of taxpayers in India and its share markets transact almost 70 per cent of the country's stocks. The Service sector dominates the economy of Maharashtra, accounting for 61.4% of the value addition and 69.3% of the value of output in the country. The state's per-capita income is 40% higher than the all-India average. Maharashtra ranks first in FDI equity and percentage share of total FDI inflows is 37.28%. Maharashtra has an above average knowledge services industry in India with the Pune City being the leading IT hub in the state.. Approximately 25% of the top 500 companies in the IT sector are situated in Maharashtra. The state accounts for 28% of the software exports of India. Maharashtra has 24 universities with a turnout of 160,000 Graduates every year. Maharashtra has played a pioneering role in the development of the modern education system in India and has one of the highest literacy rates in India at 82.34% With excellent IT Infrastructure and Skilled human resources, Maharashtra has emerged as a leader in utilizing its IT skills for better governance. Maharashtra is the “Leading” state in e-Readiness ranking in India. When it comes to use of new technology and systems in both URBAN and RURAL areas, Maharashtra has fared the best compared to other States in the country, in making the best aspects of modern technology available to its rural population. The e-Governance initiatives in Maharashtra have been widely acknowledged. The state capital, Mumbai, is the sixth-largest metropolitan area in the world and India‘s largest and most populous city.

Maharashtra’s Contribution to the Indian Economy

The Gross State Domestic Product (GSDP) contributes about 18 per cent of the National Income and around 23 per cent to the country's gross domestic product (GDP). The GSDP has been growing at a rapid pace over the last few years. The State boasts of a very vibrant industrial sector and a rapidly growing services sector. Both these sectors presently contribute about 86 per cent of the state’s domestic product. The State continues to attract investments from both, domestic as well as foreign institutions. It has become a major hub for the IT and ITeS skills. It boasts of the largest number of special export promotion zones in the country.