Prime Minister Modi Dedicates Bidkin Industrial Area in Maharashtra
Prime Minister Narendra Modi on Sunday dedicated the Bidkin Industrial Area (BIA) in Maharashtra to the nation. The Prime Minister joined the event virtually.
About Bidkin Industrial Area
The Bidkin Industrial Area, a project spanning 7,855 acres, has been developed under the National Industrial Corridor Development Programme (NICDP) as part of the Delhi-Mumbai Industrial Corridor. Situated 20 km south of Chhatrapati Sambhaji Nagar, Maharashtra, this industrial hub holds immense potential to catalyze economic growth in the Marathwada region.
Strategic Location and Connectivity
Bidkin Industrial Area boasts excellent connectivity, located adjacent to NH-752E and just 35 km from the Samruddhi Mahamarg, connecting Nagpur to Mumbai. With Aurangabad railway station (20 km), Aurangabad Airport (30 km), and Jalna Dry Port (65 km) nearby, it is designed to offer seamless multi-modal connectivity, in line with the principles of PM GatiShakti.
Project Details
The central government approved the project with a total cost of Rs 6,414 crore, to be developed in three phases. Phase A, covering 2,511 acres, has been prioritized with an investment of Rs 2,427 crore. The Maharashtra Industrial Township Limited (MITL), a Special Purpose Vehicle (SPV) formed with a 51:49 partnership between Maharashtra Industrial Development Corporation (MIDC) and National Industrial Corridor Development and Implementation Trust (NICDIT), has driven this ambitious project.
Investment and Employment
Bidkin has already attracted significant investment interest, with notable companies like Ather Energy (100 acres), Lubrizol (120 acres), Toyota-Kirloskar (MoU for 850 acres), and JSW Green Mobility (500 acres) committing to the area. Together, these four projects alone represent a total investment of Rs 56,200 crore, with an employment potential of over 30,000 jobs.
“In just three years since construction, a total of 1,822 acres (38 plots) have been allotted across industrial and mixed-use zones. The development of Bidkin Industrial Area is expected to have a domino effect on the socio-economic growth of the region, drawing skilled human resources and spurring rapid industrialization,” it added.
Prime Minister’s Vision
Prime Minister Modi emphasized that Bidkin will become a beacon of industrial excellence, generating employment, boosting exports, and contributing to the region’s overall development. PM Modi laid the foundation stone, inaugurated and dedicated various projects in the poll-bound Maharashtra worth about Rs 11,200 crore, through video conferencing on Sunday.
Doubts Revealed
Prime Minister Modi -: Prime Minister Modi is the leader of India. He makes important decisions for the country and represents India in other countries.
Bidkin Industrial Area -: Bidkin Industrial Area is a large place in Maharashtra where many factories and companies will be built. It will help create jobs and make the area richer.
Maharashtra -: Maharashtra is a big state in India. Mumbai, the financial capital of India, is in Maharashtra.
National Industrial Corridor Development Programme -: This is a plan by the Indian government to build special areas where factories and businesses can grow. It helps the economy by creating jobs and making things to sell.
Marathwada region -: Marathwada is a part of Maharashtra. It includes cities like Aurangabad and is known for its history and culture.
Rs 6,414 crore -: This is a lot of money, about 6,414 crore rupees. It is being spent to build the Bidkin Industrial Area.
Ather Energy -: Ather Energy is a company that makes electric scooters. They are investing money in the Bidkin Industrial Area.
Toyota-Kirloskar -: Toyota-Kirloskar is a company that makes cars. They are also investing money in the Bidkin Industrial Area.
30,000 jobs -: This means that 30,000 people will get new jobs because of the Bidkin Industrial Area. It will help many families.
exports -: Exports are goods that are made in India and sold to other countries. This helps India earn money from other countries.
