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Transportation
Network
Maharashtra
has an efficient network of all weather roads and railways. Most of
the cities are connected by air through Government or privately owned
airlines/air taxies.
Road
Transport
The
total road length in Maharashtra is approximately 246,000 km, in a
total land area of about 308,000 sq. km. This works out to almost 80
km of road length per 100 sq. km of area.
Maharashtra
State Road Transport Corporation ply buses that connect almost all the
towns and villages of the state. In addition, the cities have private
and non-private taxis and autorickshaws.
Railways
Maharashtra
has 5,987 kms of railway route length which comprise about 8.7 percent
of the total railway route length in the country. Almost all major
cities in the state are connected with the country's railway network.
Mumbai is also the headquarters of the Central Railways and the
Western Railways.
The
Konkan Railway line which is a reflection of the spirit and
determination of the people of Maharashtra is helping to transfer the
state's agricultural coastline into an industrial belt and a tourist
destination.
Air
Transport
Mumbai
has two airports, Sahar(International) Airport and the SantaCruz
(Domestic) Airport. It is also the headquarters of Air India, the
country's international carrier. Almost all other cities having
airports in India and majority of international destinations are
linked to Mumbai through direct flights. Cities of Pune, Aurangabad
and Nagpur have regular commercial flights. Ten other cities in the
state have airports/airstrips.
Ports
With
a coastline of 720 kms, Maharashtra has several natural ports. Besides
48 minor ports, the two principal ports are located in Mumbai, viz.
The Jawaharlal Nehru port (at Uran, outside Mumbai) and the Mumbai
Port.
Power
As
of today the installed capacity of Power in the State is 12238 Mw, a
relatively comfortable generation capacity based on current demand for
power. Maharashtra is also one of the few states in the country to
achieve 100 percent electrification of its villages.
To
meet the growing demand for power in future, the state has also
identified several power projects for development by independent power
producers. The first phase of the Enron Power Project has gone on
stream and Power Purchase Agreements have been signed with two
independent power producers viz. Reliance and Ispat.
Telecommunications
Maharashtra
has the highest number of direct working telephone lines in the
country. It is now possible to get a telephone connection in Mumbai
and certain other cities almost instantaneously. ISDN services are now
available in Mumbai and Pune.
More
than 120 towns in Maharashtra are linked to 210 countries worldwide
through International Subscriber Dialing.Mumbai is linked via
Subscriber Trunk Dialing to more than 1.390 cities in the country.
Telex and fax facilities are commonplace and telegraph offices exist
in almost all villages.
Headquartered
in Mumbai, Videsh Sanchar Nigam Ltd., introduced internet services in
1995 connecting Mumbai and Pune with cyberspace. The cities of Nasik,
Aurangabad and Nagpur also have Internet nodes now. Almost 50% of the
country's Internet users are in Maharashtra.
Financial
Infrastructure
Mumbai
is the hub of the country's financial infrastructure. The Reserve Bank
of India, the country's largest commercial bank, are headquartered in
Mumbai.
In
the financial services sector, virtually all the foreign entrants have
selected Mumbai as their centre of Indian operations. These include
Merrill Lynch, Goldman Sachs, Morgan Stanley, UBS Securities, SBC
Warburg, BZW and the Jardine Fleming Group.
Commercial
Banks
The
banking network spans all of Maharashtra and reaches even the remote
rural areas. Also, key international banks like Citibank, American
Express Bank and Bank of America operate in Mumbai and other major
cities.
Investment
Banks
The
two largest domestic investment banks in India, Industrial Credit and
Investment Corporation of India and Industrial Development Bank of
India are headquartered in Mumbai.
Maharashtra
State Finance Corporation provides loans and financial assistance for
small and medium size projects, while SICOM LTD. is actively engaged
in project advisory services and providing training and advisory
facilities to would be and first-time entrepreneurs.
Capital
Markets
Maharashtra
has four active stock exchanges, viz.
* Bombay Stock Exchange
* Over the country Exchange of India
* Pune Stock Exchange and
* National Stock Exchange.
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