Tata Plans USD 11 Billion Innovation City Near Navi Mumbai

28 Jan 2026 CW Team

The Tata Group is set to invest USD 11 billion to develop a world-class “Innovation City” near the upcoming Navi Mumbai International Airport, as India seeks to strengthen its global position in artificial intelligence and semiconductor services.

Speaking on the sidelines of the World Economic Forum in Davos, Maharashtra Chief Minister Devendra Fadnavis said international investors are showing strong interest in participating in the project. The investment will include the development of large-scale data centre infrastructure, he added.

Maharashtra contributes more than 10 per cent of India’s gross domestic product, with Mumbai hosting major corporate groups such as Reliance Industries and the Tata Group, the country’s primary stock exchanges, and the Hindi film industry. However, the state faces challenges from high unemployment even as it pursues an ambitious USD 30 billion plan to modernise Mumbai’s infrastructure.

The location of the proposed Innovation City adjacent to the Navi Mumbai International Airport, a flagship project developed by the Adani Group, is expected to create strong synergies between global connectivity and high-technology industries.

The investment comes amid accelerating global spending on artificial intelligence infrastructure. Technology giants such as Microsoft, Alphabet and Amazon are investing billions of dollars in data centres to expand AI capabilities worldwide. According to consultancy McKinsey & Co, global demand for data centre capacity could more than triple by 2030, reaching an annual level of 219 gigawatts.

Resources

28 Jan 2026

Archeo Logical Camera’ Opens at Design Ashram, Kozhikode

Design Ashram, Kozhikode, is hosting Archeo Logical Camera, a photographic exhibition by Mohamed A that brings archaeology, photography, memory and the act of seeing into a shared visual discourse. The exhibition, a project by Aazhi Archives with Riyas Komu as Artistic Director, was inaugurated on 22 January 2026 by K. Krishnaraj, Officer, Pazhassiraja Archaeological Museum, and will remain open until 6 February 2026.At the core of Archeo Logical Camera is a central inquiry into the role of photographs in archaeology. Conventionally treated as technical documentation supporting artefacts, phot..

Cushman & Wakefield Appoints Ronita Basu Head of People Partnering

Cushman & Wakefield has announced the appointment of Ronita Majumdar Basu as Head of People Partnering for India, South-East Asia, the Middle East and Africa. In this role, she will lead the firm’s people strategy across these markets, aligning talent initiatives with business priorities and long-term growth plans.Commenting on the appointment, Anshul Jain, Chief Executive, India, SEA, MEA and APAC Office and Retail, said, “As we accelerate growth across diverse markets, building leadership capability and an inclusive, high-performance culture is critical. Ronita’s business insight a..

Sai Nisarg Landmark Unveils ‘Skyluxe’ in Central Chinchwad

Sai Nisarg Landmark LLP has unveiled its upcoming project Skyluxe, positioned as PCMC’s first Japanese landscape–inspired residential development, in Central Chinchwad. Envisioned as a park-centric luxury project, Skyluxe integrates Zen, balance and minimalism into its core design philosophy and reflects the region’s shift towards mindful, high-quality urban living. The project is being exclusively marketed by BeyondWalls.The project was unveiled by Sanjay Patel and Sujit Patil, Directors of Sai Nisarg Landmark LLP, who highlighted the intent to blend nature-driven design with contempora..