MIHAN SEZ Attracts Rs 1.5 Billion Investment From Four Nagpur Firms

14 Apr 2026 CW Team

Among the new entrants V-5 Ideas Pvt Ltd has been allotted a 13 acre plot in Sector 11; the company works in lithium ion battery technology and has been operating from Katol Road since 2023, undertaking hardware consultancy and research in natural sciences and engineering. Bhagyashree Home Appliances Pvt Ltd has secured 2.5 acres in Sector 12A and currently functions from Hingna, supplying aircraft components to companies operating in MIHAN including Tata Cummins Limited and DRAL. Relocation to the SEZ is expected to improve the firm’s supply chain efficiency and enhance export potential.

Ideal Mockups Pvt Ltd, which has been operating from Hingna since 2011, has been allotted one acre in Sector 18 and specialises in industrial design and consumer product prototyping. Anitra, a software firm currently based in Butibori, has also secured one acre in Sector 18 to establish its new facility. The pattern of allocations reflects a spread of manufacturing and technology activities within the SEZ that complement existing industrial clusters.

Officials from Maharashtra Airport Development Company, which manages the MIHAN project, said the companies will be given a four year window to complete construction, though many are expected to finish their facilities within one to two years. They indicated that the new units are likely to generate around 400 jobs within the MIHAN-SEZ once operational and that the availability of robust infrastructure and logistics facilities continues to attract new investment to the zone. The new allotments are expected to accelerate local industrial growth and support regional employment.

The Multi-modal International Cargo Hub and Airport at Nagpur Special Economic Zone (MIHAN-SEZ) has attracted fresh investment as four Nagpur based companies secured land parcels to set up new facilities, bringing in an investment of about Rs 1.5 billion (bn) and expected to create around 400 jobs. Officials said about 17.5 acres of land have been allotted to the four companies within the SEZ. They intend to complete construction by the end of next year, paving the way for expanded industrial activity in the zone. Among the new entrants V-5 Ideas Pvt Ltd has been allotted a 13 acre plot in Sector 11; the company works in lithium ion battery technology and has been operating from Katol Road since 2023, undertaking hardware consultancy and research in natural sciences and engineering. Bhagyashree Home Appliances Pvt Ltd has secured 2.5 acres in Sector 12A and currently functions from Hingna, supplying aircraft components to companies operating in MIHAN including Tata Cummins Limited and DRAL. Relocation to the SEZ is expected to improve the firm’s supply chain efficiency and enhance export potential. Ideal Mockups Pvt Ltd, which has been operating from Hingna since 2011, has been allotted one acre in Sector 18 and specialises in industrial design and consumer product prototyping. Anitra, a software firm currently based in Butibori, has also secured one acre in Sector 18 to establish its new facility. The pattern of allocations reflects a spread of manufacturing and technology activities within the SEZ that complement existing industrial clusters. Officials from Maharashtra Airport Development Company, which manages the MIHAN project, said the companies will be given a four year window to complete construction, though many are expected to finish their facilities within one to two years. They indicated that the new units are likely to generate around 400 jobs within the MIHAN-SEZ once operational and that the availability of robust infrastructure and logistics facilities continues to attract new investment to the zone. The new allotments are expected to accelerate local industrial growth and support regional employment.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..