Maharashtra Economy Projected to Grow 7.9% in 2025-26, Services Lead Growth

Maharashtra's economy is projected to grow 7.9% in 2025-26, slightly above the national forecast of 7.4%, with a nominal GSDP estimated at Rs 51 lakh crore. The services sector, contributing nearly 60% of the state's Gross State Value Added, is expected to grow around 9%, driven by financial services, real estate, and professional services. Industry and agriculture are projected to grow by 5.7% and 3.4%, respectively, with agriculture benefiting from favorable monsoon but facing declines in pulses and oilseeds. Maharashtra holds the fifth position in per capita income among Indian states, with notable income disparities across districts. Despite strong absolute size, Maharashtra's growth rate trails other large states like Karnataka and Gujarat.