XSIO to Invest Rs. 2,500 Crore in Maharashtra, 3,000 Jobs Expected

XSIO Industrial Parks has announced an additional FDI-backed investment of ₹2,500 crore in Maharashtra, expected to create around 3,000 direct and indirect employment opportunities. Nagpur will remain a key hub for the company as it expands its industrial and logistics parks across the state.

Advertisement

The investment was formalised through a Memorandum of Understanding (MoU) with the Maharashtra government at the launch of Invest Maharashtra, chaired by Chief Minister Devendra Fadnavis.

The state government said the wider investment programme included 67 MoUs with proposed investments of about ₹8.57 lakh crore and employment potential of more than 2.91 lakh people.

Expansion Across Maharashtra

XSIO plans to expand its presence across several industrial and logistics markets in Maharashtra. The company’s projects will include facilities for precision and complex-process manufacturing, Build-to-Suit facilities, urban logistics, warehousing and supply-chain operations.

Advertisement

The expansion will cover locations including:

• Nagpur
• Pune
• Chhatrapati Sambhajinagar
• Khalapur
• Palghar and Mumbai

The company’s announcement puts the expected employment impact from the ₹2,500 crore programme at approximately 3,000 direct and indirect jobs.

Also Read: GST Council May Allow Employers to Claim ITC on Employee Insurance

These are projected employment opportunities linked to the planned developments and should not be treated as confirmed hiring numbers.

Advertisement

Nagpur to Remain a Key Hub

XSIO already has an established presence in Nagpur, including Park One and Park One North along the Samruddhi Expressway, Park Two at Linga on NH-53/Amravati Road and Park Three at Additional Butibori MIDC. The company also has an in-city logistics park at Wardhaman Nagar.

Ashish Agrawal, Managing Director, XSIO Industrial Parks, said the company is expanding its footprint across Maharashtra while continuing to build on its investments in Nagpur and Mumbai.

For the employment market, the proposed expansion could create demand across manufacturing, logistics, warehousing, engineering, operations and related support functions.

The actual number and timing of jobs will depend on the development and commissioning of the proposed projects.

The announcement adds to Maharashtra’s growing pipeline of industrial, manufacturing and logistics investments, with Nagpur continuing to feature in XSIO’s expansion plans.