In a major boost to Maharashtra’s infrastructure and economic development, the Government of Maharashtra (GoM) has signed a Memorandum of Understanding (MoU) with Prestige Group for investments exceeding ₹12,500 crore. The deal will support the development of key projects in logistics, data centres, and Global Capability Centre (GCC) parks across the Navi Mumbai region. “The collaboration is set to catalyse capital inflows, generate employment, and accelerate the state’s rise in key sunrise sectors.”
The investment, spread across three large-scale developments, aims to position Maharashtra as a leading destination for advanced digital infrastructure and logistics. Prestige Group will invest ₹5,000 crore to build a large data centre campus in Taloja, which will also include commercial, residential, and supporting infrastructure. Scheduled to start in 2026, this project is expected to create 1,200 direct jobs.
Another significant portion of the investment, ₹5,000 crore, will go towards the development of a 100-acre GCC park in Navi Mumbai, a project expected to begin next year and generate 5,000 direct employment opportunities. The park will serve as a hub for global service providers, leveraging the state’s talent and connectivity advantages.
In addition, ₹2,500 crore has been earmarked for setting up a mega logistics and industrial hub in Khalapur, covering 250 acres and incorporating both residential and commercial infrastructure. This facility is projected to create 2,500 direct jobs, catering to the growing demand for integrated supply chain and warehousing spaces.
Commenting on the partnership, Kaustubh Dhavase, Chief Advisor for Investment and Strategy to the Chief Minister of Maharashtra, said the investment would fast-track the state’s expansion in key growth sectors. Zayd Noaman, Executive Director at Prestige Group, added, “Our focus on logistics, data centres, and GCC parks aligns with the State’s strategic priorities and will drive transformative growth.”
With strong infrastructure, investor-friendly policies, and access to a skilled workforce, Maharashtra is well-positioned to emerge as a preferred hub for tech-enabled services, logistics, and digital infrastructure. For Prestige Group, this collaboration marks a move beyond traditional real estate into emerging, high-growth sectors driven by digitalisation and global outsourcing trends.
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