Latest Project Updates
Rs.120 Million Synthetic Organic Chemicals Mfg. Expansion Project in Raigarh, Maharashtra
Executive Summary: A manufacturer is expanding its Synthetic Organic Chemicals unit in MIDC Mahad, Maharashtra, increasing monthly output from 466.67 MT to 646 MT. The ₹120 million project focuses on aroma chemicals and pharmaceutical intermediates within an existing 24,000 sq. m plot. Construction spans December 2026 to December 2027. As of February 2026, it is awaiting SEIAA environmental clearance.
Rs.167 Million Manganese Ore Unit Expansion Project in Bhandara, Maharashtra
Executive Summary: A regional mineral firm is launching a Rs. 167.1 million expansion in Bhandara, Maharashtra. The project adds a 30,000 TPA roasting furnace for Manganese Oxide and 12,000 TPA for Manganese Sulphate production. Currently seeking environmental clearance, construction is scheduled from October 2026 to April 2027, transforming the existing site into a specialized chemical manufacturing hub.
Rs. 3500 Million New Hydraulic Cranes Manufacturing Plant in Pune, Maharashtra
Executive Summary: A joint venture is establishing a ₹350 crore manufacturing plant in Pune, Maharashtra, specializing in hydraulic cranes and advanced lifting equipment. The facility aims to localize high-tech material handling solutions for the construction and logistics sectors. Combining global technology with domestic market expertise, the plant will utilize modern systems to serve both Indian and export markets.
Rs.200 Million New Synthetic Organic Chemical Mfg. Unit in Raigarh, Maharashtra
Executive Summary: A chemical manufacturer is establishing a 4,500 TPM synthetic organic chemical unit in Raigarh, Maharashtra, with an investment of Rs. 200 million. As of February 2026, the project is awaiting environmental clearance. Construction is scheduled from December 2025 to December 2027, aiming to significantly scale production capacity for industrial resins and specialized chemical compounds.
Rs.14232 Million New Double Railway Line in Palghar, Maharashtra
Executive Summary: A Rs. 14,232.5 million rail project is underway to connect Vadhavan Port with New Palghar station via a new double line. As of February 2026, pre-project activities like surveys and land acquisition are in progress. This corridor is essential for managing heavy freight traffic from the upcoming mega-port to the national rail network.
Rs.25000 Million New Air Cargo Hub in Maharashtra
Executive Summary: A new air cargo hub is proposed at Navi Mumbai International Airport, Maharashtra. The project involves development of a 300,000 square feet cargo handling facility to strengthen air freight infrastructure. The estimated investment is Rs.25,000 million. As of February 2026, the project is planned as a joint strategic initiative between airport developers and a global logistics partner.
Rs.2807 Million Greenfield Manufacturing Facility Expansion Project in Nashik, Maharashtra
Executive Summary: A new greenfield manufacturing facility is proposed at Igatpuri, Nashik, Maharashtra, to enhance electric vehicle production capacity and support a target of 10 lakh EV units annually by 2027. The project includes advanced, sustainable manufacturing systems. Land identification began in September 2025. As of February 2026, modernization investment of Rs.2,807.4 million is planned, with construction scheduled from April to September 2026, pending environmental clearance.
Rs.6530 Million New Bearings, Seals Mfg. Facility in Pune, Maharashtra
Executive Summary: A new bearing manufacturing plant is planned in Pune, Maharashtra, with an investment of Rs.653 crore. The facility will produce bearings for automotive and industrial uses to meet rising domestic demand. The phased project will deploy advanced manufacturing technologies, enhance efficiency and product quality, and strengthen supply chain resilience and localization after securing required approvals within the region over time.
Rs.54890 Million New Green Field Steel Plant in Gadchiroli, Maharashtra
Executive Summary: A greenfield steel plant is proposed at Laxmanpur in Gadchiroli district, Maharashtra, with an investment of about ₹54,890 million. The project includes sponge iron production, electric arc and induction furnaces, billet casting, bar, rod and structural rolling mills, and captive power generation totaling 210 MW. Construction is planned from April 2026 to April 2028, subject to state-level environmental clearance approval.
Rs.8652 Million New Phosphoric Acid Plant in Maharashtra
Executive Summary: A phosphoric acid production facility is planned at Thal, Alibag, Maharashtra, with a capacity of 300 tonnes per day (100% P₂O₅). The Rs 865.25 crore project, funded through debt and equity, aims to secure a key raw material for fertilizers, enhance backward integration, reduce reliance on external suppliers, and improve cost efficiency. Construction and commissioning are expected within 24 months post-approval.