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17 Mar 2026
MIDC and Ramky Unit Sign Concession for Life Sciences Park
Maharashtra Industrial Development Corporation has signed a concession agreement with Maha Integrated Life Sciences City Limited (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Limited (RIL), to develop a high-tech pharmaceutical park at Dighi Port Industrial Area in Raigad. The project will follow a public-private partnership under a DBFOT model and has an estimated cost of Rs 30 billion (Rs 30 bn). The concession will run for 95 years, including a five-year construction phase, with MILeS City responsible for development and management. The development will occupy approximatel..

