MIDC initiates allotment of plots at Ajang estate

Friday, 21 Jan 2022

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The Maharashtra Industrial Development Corporation (MIDC) has commenced the process to allot plots in its new industrial estate at Ajang in Malegaon taluka of Nashik district of Maharashtra.

In the first round of allotment, the MIDC has allotted plots to over 200 MSMEs in the food and textile sectors that are expected to bring in fresh investments of Rs 1,000 crore during the next two to three years and will provide employment to over 4,000 people. Of the 200 new units, 150 are textiles manufacturing units and 50 are food processing units.

This new industrial park is spread over 345 ha and has plots of 500 sq mtr to 2,500 sq mtr. The second round of allotment, to hand over the remaining 193 plots is expected to be started shortly.