Nagpur is an important industrial hub with more than 22,000 Micro, Small and Medium Enterprises (MSME) and is one of the fastest growing cities in Maharashtra because of its economic and political power. It is one of the biggest commercial and trading hubs in the Vidarbha region.

Butibori is the largest industrial area in Asia, having two big thermal power stations and includes huge units like Indo Rama Synthetics, KEC, Hyundai, Unitech, and many more. Sitabuldi is the major commercial area of Nagpur. The strategic location of the Nagpur and its proximity to major international projects like MIHAN, Boeing’s MRO facility at SEZ and 5 star industrial corridor at Butibori has made Nagpur investors paradise within a very short period.

With the city catching up fast on the real estate, a number of real estate builders & developers Nagpur has in commercial, industrial and residential developments have already started pulling their socks up. The construction and property buying activities are pulsating since past few years like never expected before. HIDC has developed several residential and commercial property in Nagpur

Strengths and Opportunities

  • Scope for expanding as a tourism destination
  • Anticipated real estate demand and employment generation due to proposed economic generator
  • Scope for expanding as an educational city
    1. Strategically located in the heart of India
    2. Zero Mile of India Located at Nagpur
    3. Largest city in central India
    4. Second capital of Maharashtra
    5. Regional headquarters for Vidarbha Region
    6. Population: 2,405,421(2011) (third in the state after Mumbai, Pune)
    7. Administrative Status: District Headquarters
    8. Area:220 sq km
    9. Has one of the highest literacy rates at 92.0%
    10. Chosen in Round 2 of the Smart Cities Initiative
    11. Popularly known as the "Orange City", for its orange fruit production
  • Project envisaged to tap Nagpur’s geographic location potential
  • Stands for Multi-Modal International Cargo Hub & Airport at Nagpur
  • One of India’s biggest economic development projects underway
  • asasas
Salient Features of MIHAN International Airport (Cargo Hub)
  • Expansion of the existing airport of 400 ha to 1,364 ha
  • Passenger traffic of 14 million per year and cargo traffic of 0.87 million tonnes a year by 2030 (projected by MADC)
  • Parking space would be provided for 50 aircrafts in the terminal and 50 aircrafts in a remote area
  • asasas
Salient Features of MIHAN SEZ
  • Spread across 2,086 ha, one of the largest multi-product SEZs in India to be built alongside the airport.
  • Out of 2,086 ha, 1,472 ha would be used by various processing industries with a focus on manufacturing (textile and garments, gems & jewellery, food processing, pharma and biomedical, etc.) and IT/ITeS
  • SEZ will also have a residential zone adjoining the processing area

Butibori MIDC Phase II Strategically located within the “V” of Wardha Road & Hyderabad Road after Defence land with accessibility from both Wardha Road & Hyderabad Road

  • Proposed area: 1,667 ha; total investment INR 1,100 crores
  • For Phase II of the MIDC industrial estate, the process for acquisition of 1,500 ha of land has been completed
  • It is expected that the direct employment generation would be around 15,000 jobs when fully operational
  • IT park (20 ha), textile park (204 ha), apparel park (68 ha) and weaver’s park (147 ha) are proposed in the area
Excellent Talent Pool

Home to several national educational and technical institutons. Houses 275 institutions and 5 universities. Availability of skilled manpower and large English speaking pool

Health & Education Infrastructure

Hub for education and health related services for population residing with 200 km radius, including adjoining states of Madhya Pradesh, Chhatisgarh and Andhra Pradesh

Smart City

Nagpur is included in the 2nd phase of the Smart City Development Project, it ranks 5th on the Smart City Priority Ranking

Swachh Bharat Initiative

Nagpur ranks 20th in the country’s latest Swachh Bharat rankings

High Safety Index

Nagpur has a high safety index of 76.72% against the National Index of 53.39%

Low Cost of Living

Compared with the top seven cities in India.

  • Nagpur has two large MIDC’s at Hingana and Butibori, where most of the city’s industrial activity is Concentrated
  • Hingna MIDC: - Spread over 746 ha, it is located on the western fringes of the city and houses around 900 small and medium industrial units
  • Butibori MIDC:
    • One of the largest industrial areas of the country in terms of area (2,312 ha)
    • Developed as 5-Star Industrial District by MIDC
    • Units in Butibori include Indo Rama Synthetics, KEC and ACC Nihon Castings
Logistics & Trading
  • Being the geographic centre of India and the largest city of central India, Nagpur has become a major trading and logistics hub
  • Sitabuldi is the largest market for traders in the region
  • Many MNCs have set up warehouses to support their pan-India supply chains.
  • Known as the “Orange City” of India
  • Oranges account for 75% of agriculture produce
  • Other major crops are cotton, paddy, jowar, cotton, tur and soya bean, etc.
  • College of Agriculture, Nagpur, is one of the oldest colleges in the country - founded in 1906
  • Nagpur University, founded in 1923, is one of the oldest in the country
  • Institute of Management Technology (B-School), Nagpur Veterinary College and VNIT are prominent colleges in the city
  • AIIMS (proposed) - Land already acquired in MIHAN

Quick Enquiry

Harihar Infrastructure Development Corporation Ltd

NAGPUR- 440012

Email:- info@harihar.com

Phone:- 0712-2436453 | 2436454 | 91-937-310-3901