+
MIDC identifies 650-acre land in Nashik city for industries
Real Estate

MIDC identifies 650-acre land in Nashik city for industries

After developing a new industrial estate at Talegaon-Akrale in Dindori on 650 acres of land, the Maharashtra Industrial Development Corporation (MIDC) has identified around 650 acres at Sinnar and Rajur Bahula, around 15 km from Nashik city, for industrial development.

MIDC told the media that they had identified 360 acres of land at Rajur Bahula to help industries set up their manufacturing unit. Another 300 acres have been identified in Sinnar taluka of Nashik district.

The process of land acquisition for industries at these two locations was affected due to the Covid-19 pandemic. Now industrial operations have also gathered momentum with pandemic restrictions.The MIDC has started planning for more land for the industries in Nashik.

Chairman of the MSME committee of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA), Ashish Nahar, said that the committee had asked MIDC to provide land to the industries according to their requirement.

He said that the industrial growth of Nashik was affected during the past 15 years due to a lack of land. No industrial investment came to Nashik over the last decade. Both Satpur and Ambad industrial estates under Nashik Municipal Corporation (NMC) were fully occupied with no land for expansion.

He added that the Dindori industrial estate is getting thousands of crores of investment and will be occupied fully within a year. There is a need to have more land for the industries.

The land allocation process at Dindori has begun, and all industrial plots are expected to be allotted by this year. MIDC has started planning to acquire more land for industrial expansion.

The industrial associations sought the government for expanding industrial estates in Nashik. A delegation of MACCIA, led by its Vice-President Sudhakar Deshmukh and Nahar, met the MIDC’s Nashik officer Nitin Gavli and handed him a memorandum of their demands. Gavli, in return, assured the delegation to look into the issue positively.

The association highlighted that some industries had been shut down due to several issues, and some migrated their manufacturing units to other places due to a shortage of land.

Image Source

Also read: Nashik Municipal Corp to conduct GIS mapping of the entire city

After developing a new industrial estate at Talegaon-Akrale in Dindori on 650 acres of land, the Maharashtra Industrial Development Corporation (MIDC) has identified around 650 acres at Sinnar and Rajur Bahula, around 15 km from Nashik city, for industrial development. MIDC told the media that they had identified 360 acres of land at Rajur Bahula to help industries set up their manufacturing unit. Another 300 acres have been identified in Sinnar taluka of Nashik district. The process of land acquisition for industries at these two locations was affected due to the Covid-19 pandemic. Now industrial operations have also gathered momentum with pandemic restrictions.The MIDC has started planning for more land for the industries in Nashik. Chairman of the MSME committee of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA), Ashish Nahar, said that the committee had asked MIDC to provide land to the industries according to their requirement. He said that the industrial growth of Nashik was affected during the past 15 years due to a lack of land. No industrial investment came to Nashik over the last decade. Both Satpur and Ambad industrial estates under Nashik Municipal Corporation (NMC) were fully occupied with no land for expansion. He added that the Dindori industrial estate is getting thousands of crores of investment and will be occupied fully within a year. There is a need to have more land for the industries. The land allocation process at Dindori has begun, and all industrial plots are expected to be allotted by this year. MIDC has started planning to acquire more land for industrial expansion. The industrial associations sought the government for expanding industrial estates in Nashik. A delegation of MACCIA, led by its Vice-President Sudhakar Deshmukh and Nahar, met the MIDC’s Nashik officer Nitin Gavli and handed him a memorandum of their demands. Gavli, in return, assured the delegation to look into the issue positively. The association highlighted that some industries had been shut down due to several issues, and some migrated their manufacturing units to other places due to a shortage of land. Image Source Also read: Nashik Municipal Corp to conduct GIS mapping of the entire city

Next Story
Infrastructure Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?