Maharashtra Govt and Prestige Group Sign Rs 12,500 Crore Investment Pact for Logistics and Data Centres
The Maharashtra government has signed a Memorandum of Understanding (MoU) with Prestige Group for a Rs 12,500 crore investment in logistics, data centres, and Global Capability Centre (GCC) parks in and around Navi Mumbai. This investment is expected to create thousands of direct jobs and boost the state’s growth in key sectors.
LogisticsData CentresPrestige GroupNavi MumbaiReal EstateReal Estate MumbaiAug 19, 2025
Of the total investment, Rs 5,000 crore will be deployed to set up a large data centre campus along with commercial, residential, and allied facilities in Taloja, a locality in Mumbai's satellite city. This investment will commence in 2026 and is expected to create 1,200 direct jobs.
The company will invest another Rs 5,000 crore to develop a Global Capability Center spread over 100 acres in Navi Mumbai. This investment will also commence next year and is expected to create 5,000 direct jobs.
Prestige will also invest over Rs 2,500 crore to develop a mega logistics and industrial center along with residential, commercial, and allied facilities on 250 acres in Khalapur. This is expected to create an additional 2,500 direct employment opportunities.
According to Kaustubh Dhavase, Chief Advisor for Investment and Strategy to the Chief Minister of Maharashtra, the deal would accelerate the state’s growth in key sunrise sectors. “Our focus on logistics, data centres, and GCC parks aligns with the State’s strategic priorities and will drive transformative growth,” said Zayd Noaman, Executive Director, Prestige Group.
The collaboration is expected to catalyse global capital inflows, improve industrial competitiveness, and generate thousands of direct and indirect jobs. It also reinforces Maharashtra’s ambition to emerge as a hub for technology-enabled services and advanced supply-chain infrastructure.
Prestige Group, which has established a strong footprint across residential, commercial, retail, and hospitality developments in major Indian cities, plans to leverage Maharashtra’s progressive industrial policies, talent pool, and robust connectivity to expand its portfolio into high-growth sectors.
The surge in e-commerce, digitalisation, and outsourcing has spurred unprecedented demand for warehouses, last-mile delivery hubs, cloud storage infrastructure, and large-scale capability centres that house global firms’ back-office and technology operations. Maharashtra, with its strong industrial base, skilled workforce, and urban connectivity, is seen as a natural magnet for such investments.
The state government has in recent years sharpened its focus on creating an investor-friendly ecosystem, offering policy support and land availability for large-scale developments. For Prestige Group, this marks a strategic diversification beyond its core real estate business into sectors aligned with the country’s next phase of growth.
Frequently Asked Questions
What is the total investment amount by Prestige Group in Maharashtra?
Prestige Group is investing Rs 12,500 crore in Maharashtra for the development of logistics, data centres, and Global Capability Centre (GCC) parks.
Where will the data centre campus be located?
The data centre campus will be located in Taloja, a locality in Mumbai's satellite city.
How many direct jobs will the Global Capability Center create?
The Global Capability Center in Navi Mumbai is expected to create 5,000 direct jobs.
What is the purpose of the mega logistics and industrial center in Khalapur?
The mega logistics and industrial center in Khalapur will include residential, commercial, and allied facilities, and is expected to create 2,500 direct employment opportunities.
How will this investment benefit Maharashtra's economy?
The investment will catalyse global capital inflows, improve industrial competitiveness, and generate thousands of direct and indirect jobs, reinforcing Maharashtra’s ambition to emerge as a hub for technology-enabled services and advanced supply-chain infrastructure.
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