Hon'ble Chief Minister of Maharashtra Shri Devendra Fadnavis Ji Lays Foundation for XSIO's Next-Generation Logistics and Industrial Park in Nagpur

Rs 2,000 crore FDI-backed investment with Blackstone to create 10,000+ jobs and strengthen Nagpur’s position as the ‘Logistics Capital of India’ Nagpur, Maharashtra, India – Business Wire India XSIO Industrial & Logistics Parks, in strategic partnership with Blackstone, the world’s largest alternative asset manager, today marked the Bhoomi Pujan and ground-breaking of Park ONE — NORTH, a next-generation industrial and logistics park located along the Samruddhi Mahamarg in Wadhgaon, Nagpur.

The ceremony was led by Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis Ji, alongside senior dignitaries from the Government of Maharashtra. The project forms a major milestone in the Rs 5,127 crore MoU signed between XSIO and the Government of Maharashtra in May 2025.

A Landmark FDI Investment for Vidarbha With an FDI-backed outlay of Rs 2,000 crore, XSIO is developing four advanced, sustainable, and digitally enabled Grade-A industrial and logistics parks across Maharashtra.

The development of Park ONE - NORTH spread across 105 acres is expected to create over 10,000 direct and indirect jobs in the region.

At the ceremony, the Hon’ble Chief Minister Shri Devendra Fadnavis Ji stated: “Projects like XSIO Park ONE - NORTH demonstrate Maharashtra’s commitment to building world-class infrastructure across emerging cities, not just metros. Such investments propel inclusive growth, create jobs, and make Maharashtra the most trusted destination for global investors. This is development that connects progress with people, and prosperity with purpose.” A Next-Generation Smart Industrial Ecosystem Park ONE - NORTH is envisioned as a net-zero–ready, ESG-compliant, AI-enabled industrial and logistics hub with the highest global standards.

Key features include: • IGBC Platinum & EDGE Advanced sustainability targets • AI-enabled building management & digital-twin systems • Solar power integration & intelligent utilities • Zero-liquid-discharge water management • FM-approved fire & safety infrastructure The swift progression from MoU to ground-breaking in under six months reflects XSIO’s execution capability and Maharashtra’s pro-investment policies.

This new development builds on the success of XSIO Park One (85 acres) Central India’s benchmark Grade-A industrial park, already IGBC Platinum and EDGE Advanced certified.

Leadership Speak Ashish Agrawal, Managing Director, XSIO Industrial & Logistics Parks, said: “The foundation of Park ONE - NORTH captures the speed, scale, and ambition of XSIO’s vision. Translating global capital into infrastructure, jobs, and long-term regional growth within months is a result of an exceptional partnership between XSIO, Blackstone, and the Government of Maharashtra. We are proud to help build India’s next-generation industrial and logistics ecosystem.” About XSIO XSIO Industrial & Logistics Parks is Central India’s leading developer of FDI-backed, Grade-A, ESG-compliant industrial and logistics infrastructure.

In partnership with Blackstone, XSIO is delivering: • Rs 2,000 crore of FDI-backed projects across Maharashtra & Madhya Pradesh • 8 industrial parks under various stages across Nagpur, Pune, Mumbai & Indore • 27,500+ direct & indirect jobs under the Maharashtra MoU • Parks engineered for Fortune 500 supply chains, global manufacturers, 3PL firms, and e-commerce leaders XSIO assets are designed to global compliance standards and are Great Place To Work® (2025–26) certified.

Strategic Connectivity Advantage Located in Nagpur the geographic center of India, the XSIO cluster offers unmatched connectivity to Mumbai, Delhi, Kolkata, and Chennai via: • Samruddhi Mahamarg Expressway • Nagpur–Amravati NH-53 • Multimodal freight & logistics corridors This central positioning ensures faster turnaround times, reduced logistics costs, and highly resilient supply-chain operations.

Dignitaries Present • Shri Devendra Ji Fadnavis — Hon'ble Chief Minister, Government of Maharashtra.

• Shri Chandrashekhar Bawankule Ji — Hon'ble Minister for Revenue, Government of Maharashtra & Guardian Minister, Nagpur District.

• Shri Uday Samant Ji — Hon'ble Minister for Industries and Marathi Language, Government of Maharashtra.

• Shri Ashish Jaiswal Ji — Hon'ble Minister of State for Finance, Planning, Agriculture, Relief & Rehabilitation, Law & Judiciary, and Labour, Government of Maharashtra.

• Shri Sameer Meghe Ji — Hon'ble Member of Legislative Assembly, Government of Maharashtra.

• Shri Ashish Deshmukh Ji — Hon'ble Member of Legislative Assembly, Government of Maharashtra.

• Dr. P. Anbalagan, IAS — Secretary, Industries Department, Government of Maharashtra.

• Smt. Jayashree S. Bhoj, IAS — Secretary, Environment & Climate Change Department, Government of Maharashtra.

• Shri P. Velrasu, IAS — Chief Executive Officer, Maharashtra Industrial Development Corporation (MIDC).

• Dr. Vipin Itankar, IAS — Collector & District Magistrate, Nagpur District.

• Shri Sanjay Meena, IAS — Commissioner, Nagpur Metropolitan Region Development Authority (NMRDA).

• Shri Tuhin Parikh— Vice Chairman of Real Estate Asia & Executive Chairman of Real Estate India Blackstone.

To View the Image, Click on the Link Below: Left to Right- Dr P Anbalagan - IAS Secretary Industries, Government of Maharashtra; Tuhin Parikh - Vice Chairman of Real Estate Asia, Blackstone; Devendra Fadnavis - Hon Chief Minister of Maharashtra; Alok Jain - Managing Director, Blackstone; Ashish Aga (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.).

(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)