Latest Project Updates
Rs.58436 Million New Data Centre Project in Thane, Maharashtra
Executive Summary: A new data center project is planned for Kukshet, Wonsari Tarf Khairne, Thane, Maharashtra, with an estimated cost of Rs. 58,436.1 million. Construction is set to begin in June 2025 and conclude by June 2028. As of April 2025, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.
Rubber Compound Master Batch Mfg. Project in Pune, Maharashtra
Executive Summary: A new Rubber Compound Master Batch manufacturing project is planned in MIDC Phase-II, Chakan, Pune, Maharashtra. The project will have a production capacity of 192,000 kg per month. Estimated at Rs. 63.532 million, it is set to commence with the necessary environmental approvals from the state pollution control authorities as of April 2025.
Rs.32570 Million Steel Plant Expansion Project in Wardha, Maharashtra
Executive Summary: A steel plant expansion project is planned in Village Barbadi, Selukata, Bhugaon, Wardha, Maharashtra, introducing Ductile Iron (DI) pipes with a capacity of 0.3 MTPA. The project, costing Rs. 32,570 million, will begin construction in June 2025 and finish by June 2026. As of April 2025, environmental clearance is under review by the authorities.
Rs.168 Million Oxalic Acid Manufacturing Facility Expansion Project in Aurangabad, Maharashtra
Executive Summary: An oxalic acid manufacturing facility in MIDC Industrial Area, Aurangabad, plans to expand its capacity from 10,200 to 13,800 MT/year at a cost of Rs. 168.8 million. Construction is set for Dec 2024 to Aug 2025, pending environmental clearance as of June 2024.
New Hotel Construction Project in Raigad, Maharashtra
Executive Summary: A new hotel is planned in Pali, Raigad, Maharashtra, featuring 54 rooms, a restaurant, banquet hall, bar, swimming pool, and other public areas. The project aims to provide quality hospitality services and is expected to begin operations in FY-26. As of April 2025, the project has been officially announced.
Rs.200000 Million New Solar PV Wafer And Cell Mfg. Project in Nagpur, Maharashtra
Executive Summary: A new Solar PV Wafer and Cell Manufacturing Project is planned in Butibori, Nagpur, Maharashtra, with an estimated cost of Rs. 200,000 million. The project aims to produce solar wafers and cells. As of March 2025, a Memorandum of Understanding (MoU) has been signed with the state government, marking a key step in its development.
Rs.100000 Million New Defence Products Mfg. Project in Pune, Maharashtra
Executive Summary: A new defence products manufacturing project is planned in Pune, Maharashtra, with an estimated cost of Rs. 100,000 million. The project will focus on producing various defence products. As of March 2025, a Memorandum of Understanding (MoU) has been signed with the state government, securing necessary support for the initiative.
Rs.92300 Million New Steel Project in Gadchiroli, Maharashtra
Executive Summary: A new steel manufacturing project is planned in Gadchiroli, Maharashtra, with an estimated cost of Rs. 92,300 million. The project will focus on producing various steel products. As of March 2025, a Memorandum of Understanding (MoU) has been signed with the state government, securing necessary support and approval for the project.
Rs.1480 Million New API and API Intermediate Products Mfg. Project in Thane, Maharashtra
Executive Summary: A new API and API Intermediate Products manufacturing project is planned in MIDC Ambernath, Thane, Maharashtra, with a production capacity of 1,861.17 TPM (653.17 TPM of API and 1,208 TPM of intermediates). The estimated cost is ₹1,480 million. Construction will begin in September 2025 and finish by December 2030. The project is awaiting environmental clearance as of March 2025.
Rs.10000 Million New Solar Ingots, Wafers Mfg in Nagpur, Maharashtra
Executive Summary: A new solar ingots and wafers manufacturing facility is planned in Nagpur, Maharashtra, with an estimated investment of Rs. 10,000 million. The project aims to enhance solar manufacturing capacity and support the renewable energy sector. As of March 2025, state government approval has been obtained, paving the way for its execution.