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Maharashtra Infrastructure: MIDC to acquire 611 hectares near Nashik for new industrial estates

#Infrastructure News#India#Maharashtra
Last Updated : 28th Jan, 2025
Synopsis

The Maharashtra Industrial Development Corporation (MIDC) has started acquiring 611 hectares of land to establish industrial estates in three locations approximately 30 kilometres from Nashik. The identified areas include 204 hectares at Maparwadi near Sinnar, 271 hectares near Ghoti, and 136 hectares at Rajur Bahula near Nashik city. The initiative aims to attract industries seeking to establish operations in the region. Stakeholders from local industrial associations have expressed optimism, highlighting the potential for Nashik to emerge as a significant manufacturing hub and the opportunities this development could create for MSMEs.

The Maharashtra Industrial Development Corporation (MIDC) has initiated the acquisition of 611 hectares of land to set up industrial estates at three locations around 30 kilometres from Nashik. The designated sites include 204 hectares at Maparwadi near Sinnar, 271 hectares near Ghoti, and 136 hectares at Rajur Bahula close to Nashik city.


Sonali Mule, Deputy CEO of MIDC, explained that the project aims to facilitate land availability for industries planning to establish their base. She emphasised the organisation’s objective to expedite the land acquisition process and complete layouts swiftly to allocate them to industries as soon as possible.

Manish Rawal, chairman of the aviation committee of the Ambad Industries & Manufacturers' Association (AIMA), remarked that Nashik is increasingly becoming a manufacturing hub. He expressed the need for MIDC to acquire more land to attract large-scale industries to the region, which would, in turn, boost investment.

Nikhil Panchal, secretary of the Nashik Industries & Manufacturers’ Association (NIMA), highlighted that the presence of new large industries would create business opportunities for the region’s micro, small, and medium enterprises (MSMEs).

MIDC’s proactive approach to land acquisition underscores its commitment to industrial development in and around Nashik. By targeting strategic locations, the initiative promises to enhance the region’s appeal as a manufacturing hub. The involvement of local industrial associations further emphasises the collaborative effort to foster economic growth. This project is expected to attract large industries, providing significant opportunities for MSMEs and contributing to the region's industrial and economic development trajectory.

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