6 Logistics parks in two years, Maharashtra Industrial Development Corporation unveils roadmap

The Maharashtra Industrial Development Corporation (MIDC) is in the process of setting up of six logistics hubs across the state in six corridors over the next two years. The corridors comprise of Nagpur-Wardha, Jalna-Aurangabad, Chakan-Talegaon, Hinjewadi-Ranjangaon, Khalapur-Taloja, Shahpur and Tarapur. Also, within a year Chakan will come up with the first such hub.  Along with Indian companies, investors from China, Singapore and Indonesia have already shown interest in the investment of the upcoming logistics hubs.

According to media reports, State industries minister Subhash Desai said, “With a strong and conducive integrated logistic hub policy in place, MIDC is in the process of setting up of six logistic hubs across the state.”

The development of logistics hubs will be done in MIDC’s industrial estates. It will also play a role in nodal agencies and planning authority for the development of these hubs. The government expects an investment of over INR 20,000 crore in the proposed logistics hub from Indian and foreign investors. MIDC will provide infrastructural facilities like roads, electricity and land. 

P Anbalagan, CEO of MIDC said, “MIDC is coming up a logistics hub on 500 acres at Chakan and another at Talegaon on 500 acres and it is in the process of land acquisition. The allotment of land should complete in the next two to three months and actual work will commence in three months. Within a year part of the logistic hub will be commissioned in Chakan. This apart, MIDC has got land at Bidkin, which falls in Delhi Mumbai Industrial Corridor, on ”build to suit” model and the proposed logistics hub will house warehousing, assembling and engineering. Another logistics hub is proposed near Jalna.”

MIDC has also recently signed an MoU with Singapore based Ascendas is setting up a logistics hub on 100 acres at Chakan. The corporation is in the middle of acquiring 1000 acres of land in the Khalapur-Taloja- Navi Mumbai corridor. Out of this, they have proposed 500 acres for a logistics hub and the rest for engineering.