Mumbai: Maharashtra’s economy is projected to expand by 7.9 percent in the financial year 2025–26, with the state’s Gross State Domestic Product (GSDP) estimated to reach nearly ₹51 lakh crore. According to a report by The Free Press Journal, the projection reflects steady economic momentum supported by growth across major sectors of the state’s economy.
The estimate was highlighted in the state’s economic outlook, which indicates that Maharashtra will continue to remain India’s largest state economy. The projected GSDP of about ₹51 lakh crore represents a significant increase compared with the previous financial year, underscoring the state’s strong contribution to the national economy.
The report noted that the services sector remains the dominant driver of the state’s economic output, while industry and agriculture also continue to play key roles in supporting overall growth. These sectors together contribute to Maharashtra’s economic expansion and help maintain its position as a leading economic hub in the country.
Officials indicated that improved industrial activity, expanding services, and sustained agricultural output are expected to contribute to the projected growth rate. The state government has also been implementing various policy initiatives aimed at strengthening infrastructure, encouraging investment, and supporting industrial development.
Maharashtra’s economic size and diversity have long positioned it as a central driver of India’s growth. The state hosts major financial, manufacturing and service centres, with Mumbai serving as the country’s financial capital. As a result, the performance of Maharashtra’s economy often reflects broader economic trends across India.
As per the report, the anticipated 7.9 percent growth for 2025–26 signals continued economic resilience for the state. The projection suggests that Maharashtra is likely to maintain its leadership among Indian states in terms of overall economic output while continuing to attract investment and business activity in the coming years.
