ENA State 2023-03-09 12:31:55 <p><span style="font-size:14px"><strong>Mumbai, Mar 9 (KNN)</strong> The manufacturing segment of Maharashtra is likely to expand at 6.9 per cent for 2022-23 as compared to 4.2 per cent in 2021-22, as per the states economic survey for the current fiscal.</span></p> <p><span style="font-size:14px">Construction and mining/quarrying, which along with manufacturing form some of the broad categories in the industrial sector, are expected to grow by 4.4 per cent against 0.9-1.3 per cent in the previous year, reported TOI.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The states overall industrial sector is expected to grow by 6.1 per cent from 3.8 per cent in 2021-22.</span></p> <p><span style="font-size:14px">During 2022-23 the services sectors growth is likely to fall down to 6.4 per cent from 10.6 per cent.</span></p> <p><span style="font-size:14px">Up to November 2022, the number of industrial projects approved were 211 with an overall investment of Rs 35,870 crore.</span></p> <p><span style="font-size:14px">Remaining in forefront the state saw an inflow of Rs 62,425 crore in foreign direct investments (FDI) up to September 2022.</span></p> <p><span style="font-size:14px">Up to January 2023 it had received 2.78 lakh applications of which 2.69 lakh applications were processed. MAITRI also resolved 3,905 grievances out of 3,945 grievances it received.</span></p> <p><span style="font-size:14px">From data available for agri exports up to November 2022, it has been a less than satisfactory performance. Barring onion where shipments rose considerably, trade in most other staple crops has fallen.</span></p> <p><span style="font-size:14px">The state also claims to have the highest number of start-ups in India at 16,014 employing 1.7 lakh persons.</span></p> <p><span style="font-size:14px">Up to November 2022, total number of Micro, Small and Medium Enterprises (MSME) registered on the Udyam portal of Government of India is 20.43 lakh and the total number of persons employed is 1.7 crore. <em><strong>(KNN Bureau)</strong></em></span></p> 32562 https://knnindia.co.in/news/newsdetails/state/maharashtras-manufacturing-sector-to-grow-at-69-in-fy23-slump-in-services 2023-03-09 12:31:55 knnindia.co.in