MICC plans to develop a 675-acre industrial estate in Advan, Nashik district, with discussions with local farmers for land acquisition. The Maharashtra Industrial Development Corporation (MIDC) is actively advancing plans to establish new industrial estates.
Nashik district, aiming to bolster the region’s industrial infrastructure and stimulate economic growth. These initiatives encompass land acquisitions and the development of specialized industrial zones to attract diverse industries.
Land Acquisition for New Industrial Estates
As of January 2025, MIDC has initiated the acquisition of approximately 611 hectares (1,510 acres) of land across three strategic locations near Nashik city:
- Maparwadi near Sinnar: 204 hectares
- Ghoti near Igatpuri: 271 hectares
- Rajur Bahula near Nashik city: 136 hectares
These areas are situated approximately 30 kilometers from Nashik, positioning them advantageously for industrial development.
Strategic Expansion Near Samruddhi Mahamarg
Three of the five proposed industrial zones are located in Nashik, Igatpuri, and Sinnar talukas, strategically positioned near the Samruddhi Mahamarg (Mumbai-Nagpur Expressway). This proximity is expected to enhance logistical efficiencies for industries operating in these zones.
Development of Specialized Industrial Zones
In addition to general industrial estates, MIDC is focusing on the development of specialized zones to cater to specific sect An additional 40 acres have been earmarked for the expansion of the existing Ambad MIDC area, which currently hosts over 2,000 industrial units.
In India, KPIL has been awarded significant power transmission and distribution (T&D) projects, supporting the country’s push for grid modernization and renewable energy integration. Additionally, the company has secured civil engineering and water management contracts, contributing to urban infrastructure development and sustainability initiatives.
Anticipated Economic Impact
These developments are expected to attract substantial investments across various sectors, including pharmaceuticals, food processing, and electronics. The establishment of new industrial estates and specialized zones is projected to generate employment opportunities, boost local economies, and reinforce Nashik’s position as a key industrial hub in Maharashtra.
MIDC’s proactive approach in acquiring land and developing infrastructure underscores its commitment to facilitating industrial growth and addressing the increasing demand for industrial spaces in the Nashik district.
The Maharashtra Industrial Development Corporation (MIDC) has announced plans to establish a new industrial estate in Nashik, aimed at boosting industrial growth and attracting investments in the region. The proposed estate will be developed over a large land parcel, offering state-of-the-art infrastructure, sustainable facilities, and modern industrial amenities.
This initiative is expected to cater to diverse industries, including automobile, engineering, pharmaceuticals, textiles, and food processing, enhancing Nashik’s reputation as a key industrial hub. The estate will also focus on ease of doing business, providing efficient land allocation, seamless approvals, and robust connectivity with major highways and rail networks.
MIDC officials stated that the project aligns with the Maharashtra government’s industrial expansion strategy, which aims to create employment opportunities and promote regional economic growth. Special incentives and subsidies may be introduced to encourage small and medium enterprises (SMEs) and large-scale industries to set up operations in the estate.
Additionally, the estate will integrate sustainable industrial practices, including rainwater harvesting, green energy adoption, and waste management systems, ensuring environmentally responsible development.
With Nashik’s strategic location and growing industrial ecosystem, the new MIDC estate is expected to attract significant domestic and foreign investments, further strengthening Maharashtra’s position as a leading industrial state.
Kalpataru Projects International Ltd (KPIL) has secured new orders worth ₹2,306 crore across India and international markets, reinforcing its strong presence in the infrastructure sector. The contracts span power transmission, water supply projects, and civil works, further strengthening its project portfolio.
Group Media Publication
Construction, Infrastructure and Mining
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