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Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra.It provides businesses with infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities and street lights.
[39] [40] In the second phase, the line will join Taloja MIDC and Khandeshwar node (which will be extended to the under-construction Navi Mumbai International Airport in Ulwe node of the city), and in the third phase, the line will link the Pendhar and Taloja MIDC metro stations. The cost of the metro project has risen from 4,163 crore for 21. ...
Maharashtra is India's second most industrialised state contributing 20% of national industrial output. Almost 46% of the GSDP is contributed by industry. Maharashtra has software parks in many cities around the state, and is the second largest exporter of software with annual exports over ₹ 80,000 crores. [16]
A small ceremony at Wagle Estate, Thane, under the chairmanship of the Chief Minister Shri Yashwantrao Chavan, marked the birthday of MIDC on 1 August 1962. The wagle industrial estate once hosted many factories like Caprihans, Bellows, Bush radio, Bradma, Firth India, Bombay beer, Tata Lippert, Surendra Forgings and many which are closed now.
Panvel is surrounded by some major Maharashtra Industrial Development Corporation (MIDC) managed regions like Patalganga, Taloja, Nagothane, Roha, Bhiwandi and Khopoli. Some of the Indian industry majors like Larsen & Toubro, Reliance, Hindustan Organic Chemicals Limited, ONGC, IPCL are based around Panvel providing mass employment.
In the second phase, an 8.15-kilometre (5.06 mi) line will be built from Khandeshwar to Taloje MIDC, with seven stations. The third phase will entail the merging of two rail corridors between Pendhar and MIDC with a 2.2-kilometre (1.4 mi) link, forming a loop from Belapur to Khandeshwar. [10] [11]
Accordingly, the City and Industrial Development Corporation of Maharashtra Limited was incorporated on 17 March 1970 under the Companies Act 1956. By February 1970, the government notified for acquisition of privately owned land covering 86 villages and measuring 159.54 km 2 within the present limits of Navi Mumbai.
Trans Thane Creek, also popularly called TTC, is a creek running between Thane and Navi Mumbai.It is popularly known as Thane- Belapur Road. It is a huge industrial area near Mumbai.