Prime Minister Narendra Modi dedicated the Bidkin Industrial Area (BIA) in Maharashtra to the nation on September 29 with an aim to boost domestic manufacturing. Bidkin Industrial Area is a project spread over 7,855 acres. It has been developed under the National Industrial Corridor Development Programme (NICDP) as part of the Delhi-Mumbai Industrial Corridor. "Located 20 km south of Chhatrapati Sambhaji Nagar in Maharashtra, this industrial hub has immense potential to accelerate economic growth in the Marathwada region," the Ministry of Commerce and Industry said. The central government has approved the project at a total cost of Rs 6,414 crore, to be developed in three phases. "Phase A, covering 2,511 acres, has been prioritised with an investment of Rs 2,427 crore," it said. Maharashtra Industrial Township Limited (MITL), a special purpose vehicle (SPV) formed by a 51:49 partnership between Maharashtra Industrial Development Corporation (MIDC) and National Industrial Corridor Development and Implementation Trust (NICDIT), has taken the project forward. According to the statement, the Bidkin industrial area is now equipped with wide roads, quality water and power supply and advanced sewage and common effluent treatment plants. It said, “Several large investors have already shown interest in Bidkin. Notable companies like Ather Energy (100 acres), Lubrizol (120 acres), Toyota-Kirloskar (MoU for 850 acres) and JSW Green Mobility (500 acres) have committed to invest in the region.”
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