Maharashtra Govt. Signs Rs 12,500 Crore MoU with Prestige Group for Advanced Infrastructure Projects
The Maharashtra government has inked a significant MoU with real estate giant Prestige Group, aimed at investing Rs 12,500 crore in data centres, logistics hubs, and global capability centre (GCC) parks in Navi Mumbai and surrounding areas.
MaharashtraPrestige GroupData CentresGcc ParksLogistics HubsReal Estate MaharashtraAug 20, 2025
Of this, Rs 5,000 crore will be directed towards a large data centre campus with commercial and residential facilities in Taloja, starting 2026, expected to generate 1,200 direct employment. Another Rs 5,000 crore will fund a 100-acre GCC in Navi Mumbai, projected to create 5,000 direct work roles. Additionally, over Rs 2,500 crore will be invested in a mega logistics and industrial park in Khalapur, which is likely to generate 2,500 employment.
Kaustubh Dhavase, Chief Advisor to the Chief Minister, highlighted the deal as pivotal for Maharashtra’s growth in sunrise sectors. Zayd Noaman, Executive Director, Prestige Group, said, “Our focus on logistics, data centres, and GCC parks aligns with the State’s strategic priorities and will drive transformative growth.” The collaboration is expected to catalyse global capital inflows, strengthen competitiveness, and reinforce Maharashtra as a hub for advanced infrastructure.
The projects are expected to significantly boost the state’s economy by creating thousands of direct and indirect jobs, attracting global investments, and fostering innovation. The data centre in Taloja, for instance, will not only provide essential digital infrastructure but also support the growth of tech startups and established companies. The GCC park in Navi Mumbai will serve as a hub for international businesses, facilitating the exchange of knowledge and expertise. The logistics and industrial park in Khalapur will enhance supply chain efficiency and support the manufacturing sector.
Maharashtra, known for its robust industrial and economic landscape, is poised to benefit immensely from these investments. The state government’s proactive approach in attracting major real estate players like Prestige Group reflects its commitment to modernizing its infrastructure and positioning itself as a key player in the global market. The projects are expected to not only create employment opportunities but also improve the quality of life for residents through the development of modern facilities and amenities.
In conclusion, the MoU between the Maharashtra government and Prestige Group marks a significant step towards the state’s vision of becoming a leader in advanced infrastructure and economic development. The collaboration is expected to set a benchmark for similar initiatives and attract further investments in the region.
Frequently Asked Questions
What is the total investment amount under the MoU?
The total investment amount under the MoU between the Maharashtra government and Prestige Group is Rs 12,500 crore.
Where will the data centre campus be located?
The data centre campus will be located in Taloja, and it is expected to start in 2026.
How many direct jobs will the GCC park in Navi Mumbai create?
The GCC park in Navi Mumbai is projected to create 5,000 direct work roles.
What is the significance of the mega logistics and industrial park in Khalapur?
The mega logistics and industrial park in Khalapur will enhance supply chain efficiency and support the manufacturing sector, generating 2,500 employment opportunities.
How will these projects benefit the state of Maharashtra?
These projects will boost the state’s economy by creating thousands of jobs, attracting global investments, and fostering innovation, thereby improving the quality of life for residents.
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