Maharashtra, Blackstone Sign Deal for Logistics Parks

21 May 2025 CW Team

In a major boost to Maharashtra’s industrial infrastructure, the state government has signed a Memorandum of Understanding (MoU) with global investment firm Blackstone Group for the development of over 10 logistics and industrial parks across key locations in the state.

The agreement, valued at Rs 51.27 billion in foreign direct investment (FDI), is expected to generate approximately 27,510 direct and indirect job opportunities.

The MoU was signed by Dr P Anbalagan, Principal Secretary of Industries, and R K Narayanan, President of Horizon Industrial Parks — a Blackstone entity — at Sahyadri Guest House, Mumbai, in the presence of Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde. Also in attendance were senior officials including Ashwini Bhide, Principal Secretary to the CM, P Velarasu, CEO of MIDC, and Blackstone executives Tuhin Parikh, Alok Jain, and Ashish Agarwal.

The planned parks will be spread over 794.2 acres, encompassing a total built-up area of 18.5 million sq ft. They will be located in strategic logistics hubs such as Nagpur, Bhiwandi, Chakan, Khandwa, Sinnar, and Panvel.

Aligned with the Maharashtra Logistics Policy 2024, these developments aim to promote sustainable and tech-enabled infrastructure to drive employment, investment, and regional economic growth.

Calling the agreement “transformative,” CM Fadnavis said the initiative would help build world-class logistics and industrial hubs, reinforce India’s manufacturing and supply chain backbone, and strengthen Maharashtra’s position as a top investment destination.

The parks will also include green features and digital infrastructure to enhance efficiency and connectivity across the logistics sector.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..