XSIO & Blackstone Break Ground on Maharashtra's Smart Industrial Hub

XSIO Industrial & Logistics Parks, in collaboration with Blackstone, initiated the construction of Park ONE - NORTH in Nagpur, Maharashtra. This groundbreaking event marks significant progress in their Rs 5,127 crore MoU with the state. The project promises 10,000 jobs and promotes sustainable and AI-integrated development.

The city of Nagpur witnessed a major development as XSIO Industrial & Logistics Parks, in partnership with global asset manager Blackstone, commenced the construction of Park ONE - NORTH. This next-gen industrial and logistics park is strategically located along the Samruddhi Mahamarg in Wadhgaon.

The ceremony, signalling a notable milestone in the Rs 5,127 crore Memorandum of Understanding between XSIO and the Maharashtra government, was attended by Chief Minister Devendra Fadnavis and other prominent dignitaries. This project marks a significant Foreign Direct Investment for the Vidarbha region.

With a substantial FDI-backed investment of Rs 2,000 crore, XSIO is developing four cutting-edge industrial parks across Maharashtra. Park ONE - NORTH spans 105 acres and is projected to generate over 10,000 jobs. Chief Minister Fadnavis emphasized the state's commitment to infrastructure and inclusive growth during the ceremony.