Maharashtra Industrial Township Ltd. organises 4th NICDC Investor Conference in Mumbai


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Maharashtra Industrial Township Limited (MITL) formerly known as Aurangabad Industrial Township ltd, a joint venture between Government of India and Government of Maharashtra, is going to organize the 4th Investor’s Round Table Conference tomorrow on 10th October 2022, in Mumbai. Shri Piyush Goyal, Union Minister of Commerce & Industry, Shri Eknath Shinde, Chief Minister of Maharashtra, Shri Devendra Fadnavis, Dy. Chief Minister of Maharashtra, and Shri Uday Samant, Minister of Industries are scheduled to attend the Round Table Conference The event will also be attended by Consul Generals of various countries, prominent investors, and top officials of the Government of Maharashtra.

Maharashtra, the economic powerhouse of India, has been an ideal investment destination for investors around the world. The State, with its progressive policy ecosystem and a growth-oriented leadership at its helm, has managed to retain its position as India’s top Foreign Direct Investment (FDI) destination. In the last decade, Maharashtra has been a recipient of almost 28% of the cumulative FDI flowing into the country. The robustness of the economy is also evident from the fact that in the last fiscal year Maharashtra managed to achieve a Gross State Domestic Product of USD 420 billion.

The Investor Round Table Conference has previously been hosted in Delhi, Kochi, and Ahmedabad, and is currently in its 4th iteration. The conference will be leveraged to showcase the development of the upcoming greenfield industrial cities which have been planned by National Industrial Corridor Development Corporation Limited across India. Currently, four such greenfield smart industrial cities are being developed in Maharashtra in the districts of Aurangabad, Raigad, Satara, and Nagpur. The conference will facilitate a meaningful discussion among the stakeholders and help in identifying various collaboration opportunities for investors.

MITL’s flagship industrial area, the Aurangabad Industrial City or AURIC is one of the most well-developed Industrial Smarty cities in the world. With Investments of over INR 7,000 Crores, and dedicated residential spaces, it is a beacon of industrial development in the Marathwada region. AURIC has planned to develop a Mega Food Park, a MITRA Textile Park with the support of Ministry of Textiles under the PM MITRA Scheme and an International Convention Centre making it a truly global investment destination.

(Source: MITL)

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