Maharashtra's Plan to Boost Industrial Growth
The Maharashtra Industrial Development Corporation (MIDC) has started an ambitious land acquisition drive to secure 611 hectares for new industrial estates near Nashik. These zones are spread across three strategic locations—Maparwadi (204 hectares), Ghoti (271 hectares), and Rajur Bahula (136 hectares)—and aim to address the critical shortage of industrial land and position Nashik as a manufacturing powerhouse.
Key Developments at a Glance
- Location Advantage: All three sites lie within 30 km of Nashik city, ensuring access to existing infrastructure and skilled labor pools.
- Timeline: MIDC aims to fast-track the layout completion for immediate allotment to industries.
- Stakeholder Impact: Industry leaders highlight the move’s potential to attract large-scale manufacturers, which could create ripple effects for local MSMEs.
Why This Matters for Businesses
- MSME Ecosystem: Upcoming projects in Nashik will offer existing small and medium enterprises the opportunity to gain ancillary business from new manufacturers.
- Infrastructure Synergies: Proximity to existing MIDC areas like Satpur (current industrial rate: ₹6,070/sq.m.) ensures shared utilities and streamlined logistics.
- Future-Ready Planning: MIDC’s dy CEO Sonali Mule emphasizes “prioritizing early land handovers to meet investor demands,” reflecting Maharashtra’s push to outpace competing states.
Industry Reactions and Forward Outlook
- Manish Rawal (AIMA Aviation Committee) stresses the need for additional land banks to sustain Nashik’s manufacturing momentum.
- Nikhil Panchal (NIMA Secretary) notes that new industries could revitalize local supply chains, particularly in automotive and aerospace sectors.
- Market Trends: The 2025 MIDC Nashik land rates and recent acquisitions signal heightened investor interest in high-capacity industrial zones across Maharashtra.