Maharashtra Eyes Global Logistics Hub Status with Vadhavan Port and Airport
ECONOMY & POLICY

Maharashtra Eyes Global Logistics Hub Status with Vadhavan Port and Airport

Maharashtra Chief Minister Devendra Fadnavis on Monday laid out a bold vision to position the state as a premier logistics and export hub through the Vadhavan Port and the proposed Vadhavan Airport, promising a transformation in how goods are moved and traded.

Speaking at the India-Middle East-Europe Economic Corridor (IMEC) Summit 2025 in Mumbai on April 28, Fadnavis said, “The port and airport will change the entire way we conduct business,” citing the projects as key enablers of industrial and economic growth.

The $9.1 billion Vadhavan Port, whose foundation stone was laid by Prime Minister Narendra Modi in August 2024, is set to become one of India’s largest deep-water ports. Strategically located near Dahanu, it will be capable of handling ultra-large cargo and container vessels, directly connecting India to global shipping lanes.

Fadnavis further revealed that the government also plans to build an airport near the port to boost multimodal connectivity. “A port and an airport together will create a huge ecosystem for businesses—especially those involved in import-export and manufacturing,” he said.

The airport will be geared toward cargo handling and logistics efficiency, aiming to reduce transport costs and time. The CM said the port is expected to be operational within the next three to four years.

17 Districts to Be Linked Highlighting the strategic importance, Fadnavis said 17 districts in Maharashtra will be directly connected to the Vadhavan logistics hub. “Earlier, goods used to take 7–8 days to reach JNPT port from Nagpur. Now it just takes eight hours,” he said, underlining recent progress in state logistics infrastructure.

Between 2014 and 2019, Maharashtra attracted $30 billion in infrastructure funding, and the CM confirmed that another $50 billion is being tied up through foreign institutional collaborations. “Infrastructure will transform our economy,” he asserted.

Bullet Train Connectivity Fadnavis also linked the state’s flagship Mumbai–Ahmedabad bullet train project to the Vadhavan hub. “By 2028, we will be able to travel in the bullet train, which will also connect to Vadhavan, giving high-speed access to the new logistics corridor,” he added.

Maharashtra Chief Minister Devendra Fadnavis on Monday laid out a bold vision to position the state as a premier logistics and export hub through the Vadhavan Port and the proposed Vadhavan Airport, promising a transformation in how goods are moved and traded. Speaking at the India-Middle East-Europe Economic Corridor (IMEC) Summit 2025 in Mumbai on April 28, Fadnavis said, “The port and airport will change the entire way we conduct business,” citing the projects as key enablers of industrial and economic growth. The $9.1 billion Vadhavan Port, whose foundation stone was laid by Prime Minister Narendra Modi in August 2024, is set to become one of India’s largest deep-water ports. Strategically located near Dahanu, it will be capable of handling ultra-large cargo and container vessels, directly connecting India to global shipping lanes. Fadnavis further revealed that the government also plans to build an airport near the port to boost multimodal connectivity. “A port and an airport together will create a huge ecosystem for businesses—especially those involved in import-export and manufacturing,” he said. The airport will be geared toward cargo handling and logistics efficiency, aiming to reduce transport costs and time. The CM said the port is expected to be operational within the next three to four years. 17 Districts to Be Linked Highlighting the strategic importance, Fadnavis said 17 districts in Maharashtra will be directly connected to the Vadhavan logistics hub. “Earlier, goods used to take 7–8 days to reach JNPT port from Nagpur. Now it just takes eight hours,” he said, underlining recent progress in state logistics infrastructure. Between 2014 and 2019, Maharashtra attracted $30 billion in infrastructure funding, and the CM confirmed that another $50 billion is being tied up through foreign institutional collaborations. “Infrastructure will transform our economy,” he asserted. Bullet Train Connectivity Fadnavis also linked the state’s flagship Mumbai–Ahmedabad bullet train project to the Vadhavan hub. “By 2028, we will be able to travel in the bullet train, which will also connect to Vadhavan, giving high-speed access to the new logistics corridor,” he added.

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?