Mukesh Ambani’s Reliance Industries (RIL) has plans to make large-scale investments in Navi Mumbai towards developing a self-sustaining industrial township.

The project will include industries, logistics infrastructure, data centres, retail, and other supporting infrastructure. The development will take place on over 5,000 acres of land under the Navi Mumbai IIA, a Maharashtra government entity formed in 2004 for integrated industrial development.

In 2024, RIL had acquired a 74 percent stake in the Navi Mumbai IIA from Dronagiri Infrastructure, which is a subsidiary of Urban Infrastructure Holdings. The remaining 26 percent is held by the City and Industrial Development Corporation (CIDCO). RIL is working on a detailed blueprint for the project in collaboration with the Maharashtra government, which has expressed support for the development of the designated Special Economic Zone (SEZ).

The proposed development will also feature hotels, convention centres, and other amenities to create a comprehensive, self-contained hub. The location is strategically positioned along the Pune-Mumbai-Thane corridor. This announcement follows a recent memorandum of understanding (MoU) between the Maharashtra government and RIL for investments worth over Rs three lakh crore, spanning manufacturing, new energy, retail, and hospitality sectors.