In a landmark move to strengthen Maharashtra’s industrial and logistics ecosystem, the state government has signed a major Memorandum of Understanding (MoU) with Horizon Industrial Parks (a Blackstone-backed platform) and Xsio Logistics Parks. The agreement secures a Foreign Direct Investment (FDI) commitment of over ₹5,000 crore (₹50 billion), one of the largest in the sector to date.
The signing ceremony was held in the presence of Chief Minister Devendra Fadnavis, Deputy Chief Minister Eknath Shinde, Industry Secretary P. Anbalagan, and MIDC CEO P. Velrasu. Representing the Blackstone Group were Tuhin Parikh (Head of India Real Estate), Alok Jain (MD), RK Narayan (President – Strategy and Business Development, Horizon Industrial Parks), and Ashish Agrawal (MD, Xsio Logistics Parks).
These cutting-edge developments aim to position Maharashtra as a leading global logistics hub.
Key Highlights:
- FDI Commitment: ₹5,000+ crore investment from Horizon and Xsio Logistics Parks.
- Infrastructure Expansion: Over 10 advanced, sustainability-compliant logistics and industrial parks planned.
- Target Cities: Key locations include Nagpur, Mumbai, Pune, and other major industrial corridors.
- Job Creation: Estimated 27,000+ direct and indirect employment opportunities.
- Sustainable Focus: Parks designed to support green, future-ready infrastructure.
- Global Confidence: One of Maharashtra’s biggest FDI-backed industrial initiatives.
- Strategic Vision: Supports Maharashtra’s goal of inclusive growth, competitiveness, and robust supply chains.
This partnership is set to be a game-changer for Maharashtra, catalyzing next-gen manufacturing, warehousing, and supply chain innovation.