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MIDC to allot 235 plots to industries in Malegaon

Thursday, 03 Mar 2022
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The Maharashtra Industrial Development Corporation (MIDC) will allot 235 industrial plots measuring 110 acre to industries at its new industrial estate at Ajang in Malegaon taluka of the district.

MIDC has invited applications online by 16 March 2022. The nodal agency is expected to attract Rs 1,000 crore investment once these plots are sold and industries start the process to set up the plants there in the next two years. The industries coming up on the new plots are expected to generate employment opportunities to over 5,000 people.

In Phase-I a few months ago, the MIDC had allotted 200 industrial plots to various industries and they are expected to start construction of their manufacturing plants shortly.  

All these units are expected to be commercially operational within the next two years. In 2019, MIDC had got possession of 865 acre of land from Maharashtra State Agricultural Development Corporation (MSADC) to set up a new industrial estate in Malegaon.

MIDC had paid Rs 35 crore to MSADC for transfer of land to set up a new industrial estate at Ajang and Ravalgaon. MIDC has already developed infrastructures like roads, streetlights and other facilities at this new industrial estate and is also in the process of completing pending works related to water supply and a sub-power station there.
 
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