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Answer the following : Explain the major problems in the industrial sector of Maharashtra? - Economics

QUESTION

Answer the following :

Explain the major problems in the industrial sector of Maharashtra?

Answer in Brief

SOLUTION

The following are the major problems in the industrial sector of Maharashtra:

  1. Delays in government procedures create problems at the starting of industrial units.
  2. Opportunities for skill development are limited.
  3. Many industries in Maharashtra use traditional technologies for manufacturing goods.
  4. Lack of infrastructural facilities adversely affects the movement of raw material and finished goods.
  5. Due to adverse conditions, new entrepreneurs are less motivated to run industrial units.
  6. The regional imbalance is found In industrial growth. Industries are located mainly in few cities of Maharashtra.