Nashik Emerges as Top Investment Destination with Govt Support

Published: January 14, 2026 | Category: Real Estate Pune
Nashik Emerges as Top Investment Destination with Govt Support

Nashik has now emerged as a strong and preferred destination for investment in the state, and the government is committed to accelerating the industrial development of North Maharashtra, said State Minister for Marketing and Protocol, Jaykumar Rawal.

He was speaking as the chief guest at an interaction meet with traders and entrepreneurs during his visit to Nashik. Present on the dais were NIMA President Ashish Nahar, MLA Seema Hiray, City President Sunil Kedar, Grain and Grocery Traders’ Association President Prafull Sancheti, former NIMA President Vivek Gogate, Ajit Surana, Satish Kothari, among others.

In his address, Rawal said that industrialists possess significant strength, and the government is providing firm protection and support to them. He expressed strong concern over the poor condition of Agricultural Produce Market Committees (APMCs) in Nashik and across North Maharashtra.

When Prafull Sancheti and Sunil Kedar highlighted the serious issue of the Nashik Market Committee levying a burdensome 1% tax on traders and farmers, Rawal indicated that a firm decision would be taken on the matter after the elections.

Rawal praised NIMA President Ashish Nahar for his effective efforts in attracting investment to Nashik. He also stated that substantial investment is expected from the meetings being held in Davos.

In the introductory address, Nahar expressed confidence that with Rawal holding the portfolio of FDI (Foreign Direct Investment), North Maharashtra would witness increased inflow of investments. He demanded the withdrawal of the cess imposed by the Nashik Market Committee and, referring to Rawal’s charge of the Protocol Department, expressed hope that the upcoming Kumbh Mela would be conducted successfully.

Among those present in large numbers were Rajendra Ahire, Vardhaman Lunkad, Sachin Shah, Rajendra Vadnere, Paras Sakhala, Kailas Patil, Kailas Aher, Govind Borse, Nitin Avhad, Viral Thakkar, along with many traders and entrepreneurs.

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Frequently Asked Questions

1. What has made Nashik
preferred investment destination? A: Nashik has become a preferred investment destination due to its strategic location, supportive government policies, and strong industrial base. The state government's commitment to accelerating industrial development in North Maharashtra has further boosted investor confidence.
2. Who is Jaykumar Rawal and what is his role in promoting industrial growth?
Jaykumar Rawal is the State Minister for Marketing and Protocol in Maharashtra. He has been instrumental in promoting industrial growth and attracting investments to Nashik and North Maharashtra, emphasizing the government's commitment to supporting industrialists and improving market conditions.
3. What are the key challenges faced by traders and farmers in Nashik's APMCs?
One of the key challenges faced by traders and farmers in Nashik's Agricultural Produce Market Committees (APMCs) is the imposition of a burdensome 1% tax. This tax has been highlighted as a significant issue affecting the profitability and operations of traders and farmers.
4. How is the government planning to address the issues in APMCs?
The government, under the leadership of Minister Jaykumar Rawal, has indicated that a firm decision will be taken on the issues faced by APMCs, particularly the 1% tax, after the elections. This decision aims to provide relief to traders and farmers and improve market conditions.
5. What role is NIM
playing in attracting investments to Nashik? A: NIMA (Nashik Industries & Merchants Association) is playing a crucial role in attracting investments to Nashik. Under the leadership of President Ashish Nahar, NIMA has been actively engaging with investors and promoting Nashik as a viable and attractive destination for business and industry.