Reliance Industries Limited (RIL) is planning a large-scale investment in Navi Mumbai to develop a self-sustaining industrial township. The project will span over 5,000 acres and will include industries, logistics infrastructure, data centres, retail spaces, and other supporting facilities.
Strategic land acquisition and government collaboration
In 2024, RIL acquired a 74% stake in the Navi Mumbai Integrated Industrial Area (NMIIA), with the remaining 26% held by the City and Industrial Development Corporation (CIDCO). The company is now working closely with the Maharashtra government to finalise the blueprint for the development, which has been designated as a Special Economic Zone (SEZ).
A self-sustaining industrial hub
The township will feature not only industrial and logistics facilities but also hotels, convention centres, and other commercial establishments. Positioned along the Pune-Mumbai-Thane corridor, the development is expected to create a major economic hub that attracts businesses across various sectors.
Boosting Maharashtra’s industrial landscape
This initiative aligns with Maharashtra’s broader strategy to decongest Mumbai by developing alternative industrial hubs in Navi Mumbai and Panvel. Improved infrastructure, better connectivity, and enhanced industrial ecosystems are expected to make the region a prime investment destination.
Reliance’s growing footprint
The investment is part of a larger commitment by RIL to expand across multiple sectors, following a recent agreement with the Maharashtra government for investments exceeding ₹3 lakh crore in manufacturing, new energy, retail, and hospitality. The industrial township will serve as a key component of this broader expansion strategy.
Transforming the region’s economy
By leveraging its expertise in large-scale industrial developments, RIL aims to establish a world-class business ecosystem in Navi Mumbai. The project is expected to generate employment, attract multinational corporations, and enhance the region’s economic potential, positioning it as a key industrial hub in India’s growth story.