Green Push: Maharashtra Govt Signs MoU for Sustainable Logistics Hubs with ₹5,127 Crore FDI.

In a significant boost to its infrastructure and economy, the Maharashtra government on Wednesday signed a Memorandum of Understanding (MoU) with Horizon Industrial Parks and Xsio Logistics Parks for the development of over ten sustainable industrial and logistics parks across the state. The initiative, reported by Hindustan Times, is expected to attract substantial foreign direct investment (FDI) and create significant employment opportunities.

The planned parks, designed to be fully compliant with sustainability standards, will be strategically located in key industrial and logistical hubs, including Panvel, Bhiwandi, Chakan (Pune), Nagpur, and Sinnar (Nashik). These developments will collectively span a vast area of 794.2 acres, with a projected construction area of 18.5 million square feet. The total foreign direct investment committed for these projects amounts to an impressive ₹5,127 crore.

This ambitious undertaking aligns with the Maharashtra Logistics Policy 2024 and aims to significantly boost the state's manufacturing, warehousing, and supply chain ecosystems. The development of these modern logistics parks is expected to generate over 27,000 direct and indirect job opportunities, contributing to economic growth andL employment in the region. The partnership underscores Maharashtra's commitment to developing world-class, environmentally conscious industrial infrastructure to attract investment and facilitate trade.