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Nagpur City

Orange City-Nagpur is one of the top 10 fastest growing cities in India. Recently Nagpur emerged as the favourite destination of hospitality giants and will soon have as international cargo hub, the most prestigious project! The Mulitimodel International Hub Airport will have an international standard IT park. The 2000-hectare SEZ on the periphery of the city will see an investment of Rs. 2500 crore. Prime Minister has just sanctioned Rs. 5894 core for the city. Nagpur is all set to become the growth nucleus of central India in the next five to seven years.

MIHAN

MIHAN - Multi-modal International Cargo Hub and Airport at Nagpur is the biggest economical development project currently underway in India in terms of investment.MIHAN is spread over an area of 4354 Hectares. MIHAN is an Ideal business hub, located in the geometrical centre of India and easily accessible to all the metro cities of India. A final destination for all your business related needs, supported by excellent infrastructure, easy and fast procedural systems and continuous support and service through one window operation.MIHAN Project consists of two parts namely International airport to act as a cargo hub and a Special Economic Zone with residential zone covering a total area of 40.25 sq. km on the southern end of Nagpur. Maharashtra Government formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with total loan amount of INR 3,000 million along with investment from state government and Airports Authority of India. With a projected target of serving 14 million passengers and handle 0.87 million tones of cargo this is one of largest aviation project in India. The estimated capital cost of the project is INR 2581 crores (by year 2035) and is supposed to generate revenues INR 5280 crores.

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