Hon’ble Chief Minister of Maharashtra Lays Foundation for XSIO Park ONE - NORTH: A Milestone in Nagpur’s Industrial Growth
The Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis Ji, along with senior dignitaries from the Government of Maharashtra, recently marked the Bhoomi Pujan and ground-breaking ceremony for Park ONE — NORTH, a state-of-the-art industrial and logistics park in Wadhgaon, Nagpur. This project, a strategic partnership between XSIO Industrial & Logistics Parks and Blackstone, the world’s largest alternative asset manager, is a significant milestone in the Rs 5,127 crore MoU signed between XSIO and the Government of Maharashtra in May 2025.
Park ONE - NORTH, spread across 105 acres, is expected to create over 10,000 direct and indirect jobs in the region. This FDI-backed investment of Rs 2,000 crore underscores Maharashtra’s commitment to building world-class infrastructure and promoting inclusive growth. The project aims to strengthen Nagpur’s position as the 'Logistics Capital of India'.
At the ceremony, the Hon’ble Chief Minister Shri Devendra Fadnavis Ji emphasized the importance of such projects, stating, “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.”
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 and EDGE Advanced sustainability targets, AI-enabled building management and digital-twin systems, solar power integration, intelligent utilities, zero-liquid-discharge water management, and FM-approved fire and 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, a 85-acre Grade-A industrial park in Central India that is already IGBC Platinum and EDGE Advanced certified. Ashish Agrawal, Managing Director of XSIO Industrial & Logistics Parks, highlighted the significance of the project, saying, “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.”
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 and Madhya Pradesh, including 8 industrial parks under various stages of development in Nagpur, Pune, Mumbai, and Indore. These projects are expected to create over 27,500 direct and indirect jobs under the Maharashtra MoU and are designed to meet the needs of Fortune 500 supply chains, global manufacturers, 3PL firms, and e-commerce leaders.
The strategic connectivity advantage of the XSIO cluster, located in Nagpur, the geographic center of India, offers unmatched access to major cities via the Samruddhi Mahamarg Expressway, Nagpur–Amravati NH-53, and multimodal freight and logistics corridors. This central positioning ensures faster turnaround times, reduced logistics costs, and highly resilient supply-chain operations.
Dignitaries present at the ceremony included Shri Devendra Fadnavis Ji, Hon'ble Chief Minister, Government of Maharashtra; Shri Chandrashekhar Bawankule Ji, Hon'ble Minister for Revenue, Government of Maharashtra, and 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); and Shri Tuhin Parikh, Vice Chairman of Real Estate Asia & Executive Chairman of Real Estate India Blackstone.
