Chemical & Pharma
State Profile (common across all sectors)
- The state ranks 2nd by population and 3rd by geographical area.
- As per 2011 census, Maharashtra had a population of 112 crs having a literacy rate of 82.3% and a sex ratio of 929 (Females over per thousand males).
- It is one of the highly urbanized states of India having density of population as 365 (per sq. km).
- Maharashtra is India’s largest state economy contributing ~15% to India’s GDP.
- State is an Industrial Power House, contributing ~15.5% of India’s manufacturing, and ~15.7% of exports from the country.
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Maharashtra’s logistics & infrastructure profile includes:
- 720 kms long coastline covered by 2 major (JNPT & MBPT) and 48 non-major ports
- National Highways (18,366 kms) and state highways (30,465 kms); ~99.2% of villages are connected in the state
- Railway length of ~11,631 kms capturing 9% of country’s railway network
- 4 international and 8 domestic airports are operational along with 2 upcoming airports at Navi Mumbai and Pune (Purandar)
- State ranks 2nd in terms of electricity generation installed capacity
- 2.23 MMTPA of warehousing capacity along with 1.03 MMTPA of cold storage capacity
- The state boasts 292 industrial areas, 99 co-operative industrial estates, along with dedicated sectoral parks spread over 2.5 lakh acres land. In addition, state also has dedicated wine parks, silver parks, 9 SEZs, floriculture parks, food parks, textile parks and 27 IT parks.
Sector: Chemicals
India
- The production of major chemicals in 2023-24 is 9534 thousand MT.
- Export of chemicals and chemical products (excluding pharmaceutical products and fertilizers) contributed 10% of total export in the year 2023-24.
- The chemical and petrochemical (CPC) industry in India is valued at INR 14,952 billion and is projected to grow to INR 25,200 billion by 2025.
- India ranks as the sixth-largest producer of chemicals globally and the fourth-largest in Asia.
- The Indian chemical industry contributes 2.6% to the international chemical market and is expected to grow at 9.3% to INR 25,536 billion by 2025.
- India ranks 11th globally in chemical exports (excluding pharmaceuticals).
- The chemical industry contributes 2.5% to the world’s total chemical sales.
- Chemical product exports account for 11.3% of India’s total exports.
- India is the fourth-largest producer of agrochemicals worldwide.
- The CPC industry contributes 1.21% to India’s Gross Value Added (GVA) in 2019–20.
- The industry provides employment to over 2 million people.
Maharashtra
- Maharashtra is one of the leading states in the chemical sector, contributing 19% of the Gross Value Added (GVA), making it the second-highest in India.
- The chemical sector in Maharashtra accounts for 13.5% of the state’s industrial output.
- The state employs over 3,00,000 people in the chemical industry.
- Maharashtra contributes 17% to India’s total chemical exports.
- The state is home to over 3,600 chemical factories.
- The state’s output from the pesticides, paints, and related industries (NIC 202) is valued at INR 840 billion.
- Maharashtra’s output from basic chemicals and fertilizers (NIC 201) is valued at INR 1,008 billion.
Key Players in the State

PHARMACEUTICALS
India
- India is the 3rd largest pharmaceutical producer globally by production volume.
- The country holds a 20% share in the global market for generic medicines, manufacturing 60,000 brands across 60 therapeutic categories.
- India has the highest number of USFDA-compliant pharmaceutical plants outside the USA.
- The country has 500 API (Active Pharmaceutical Ingredients) manufacturers, contributing 8% to the global API market.
- The total annual turnover of the pharmaceutical sector for 2023–24 was INR 4,17,345 crore, reflecting a 10% growth compared to 2022–23.
- Total FDI inflows into the pharmaceutical and medical technology sectors from April 2000 to March 2024 amounted to INR 1,57,087 crore.
- The pharmaceutical and MediTech sectors contribute 3.8% to India’s total FDI inflows.
Maharashtra
- The state has 347 bulk drug units and 693 formulation units, forming a significant manufacturing hub.
- Major pharmaceutical hubs in Maharashtra include Pune, Nashik, Aurangabad, and Mumbai, creating a “Pharma Quadrilateral.”
- Maharashtra contributes 14% of India’s domestic pharmaceutical production.
- The state accounts for 11% of the Indian Pharma Market (IPM) and consistently achieves above-industry-average sales growth.
- Maharashtra has the highest number of pharmaceutical clusters in India, with 40 clusters.
- The state is home to 3,800 pharmaceutical units out of India’s total of 7,673.
- The scale of pharma units in Maharashtra includes 1,374 micro, 1,092 small, 968 medium, and 407 large units.
- Maharashtra is home to 935 pharmacy colleges, offering a strong educational foundation for the sector.
MAJOR PHARMACEUTICAL HUBS

Key Players in the State
