Maharashtra has been the powerhouse of agricultural and industrial growth in India since independence. Widely considered to be one of the richest and most progressive states in India, Maharashtra has been the driving force for the country's economy, and a favored destination for foreign investment. With less than 10% of land area and population of the country, the state contributes about 12.4% of the National Gross Domestic Product (GDP).
Maharashtra has been a key contributor to the agriculture sector in India. It remains predominantly an agrarian economy, with about two-third of the population engaged in agriculture. Maharashtra has 18.9% of gross cropped area (GCA) under irrigation, as compared to 44.3% of all India GCA. The visionary and inclusive policies of the Government of Maharashtra have catalyzed the development and have propelled the state towards progress.
Maharashtra Agro Industries Development Corporation Ltd (MAIDC) was founded in 1965 to promote modernisation of the Agro sector through mechanisation and is a manifest example of the forward-looking policies of the state.
MAIDC is a profit oriented organization registered under the Companies Act, 1956. Right from its inception, MAIDC has been empowering the farmers' community to achieve higher productivity in agriculture. The objective of the company is to make available to the farmers of Maharashtra standard quality Fertilizers, Pesticides, Agro Engineering Implements & Animal feed to the extent required & at the time of requirement & at competitive rates.
The company is engaged in manufacture of granulated mixed fertilizer (NPK) in various proportions at its factories located at Pachora (Jalgaon District), Jalna, Nanded, Wardha, Kolhapur & Rasayani (Raigad District). It also formulates pesticides through its subsidiary company Maharashtra Insecticides Limited (MIL) at its plants at Akola & Lote (Ratnagiri District).
Besides selling its manufactured Fertilizers & Pesticides under KrushiUdyog (KU) brand, company also utilises its network of over 1500 dealers spread throughout Maharashtra to market supplementary products of other reputed companies.
The Company has its own R & D wing & has developed several multipurpose agricultural implements of great utility & acceptability. KRUSHIVATOR (a tractor drawn implement) is one of them. The Company is in constant touch with State Agricultural Universities & Govt. of India Institutions to test & promote newly developed implements or the implements with better & improved designs. Agri Engineering facility is located at Chinchwad, Pune.
The Company has Animal Feed manufacturing unit at Chinchwad, Pune & at Yeotmal & markets nutritious Animal Feed of various combinations & can customize its products also in case of a specific requirement.
The Company has a small unit at Nagpur engaged in manufacture of various fruit juices, squashes, syrups, jams, ketchups, etc. under the very popular 'NOGA' brand. The Company has headquarters at Mumbai & manages its affairs through twelve Regional Offices located at Ratnagiri, Kolhapur, Nashik, Jalgaon, Pune, Aurangabad, Nanded, Osmanabad, Akola, Amravati, Nagpur & Chandrapur.
Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as State Nodal Agency by Ministry of Food Processing Industries, Govt. of India. In its role as State Nodal Agency it scrutinizes & forwards various proposals of entrepreneurs under different schemes of assistance from Govt. of India. It also helps entrepreneurs in preparing projects, selecting the area, etc. MAIDC has also developed a Food Park at Butibori near Nagpur with concept to provide common infrastructure facilities for small to medium food processing units. MAIDC is also in the process of setting up a Flower Auction Centre at Mumbai.