Project Brief

Welcome to the magnificent MIHAN, a project one of its kind in the heart of India. Spread over an area of 4354 Hectares. The Multi-modal International Hub Airport at Nagpur, would not only play a major role in the development of Vidarbha region but will benefit the state and the country as a whole. MIHAN is an Ideal business hub, located in the geometrical centre of India and easily accessible to all the metro cities of India. A final destination for all your business related needs, supported by excellent infrastructure, easy and fast procedural systems and continuous support and service through one window operation.

Techno – Economic feasibility report for the MIHAN project was prepared by a consortium of internationally experienced consultants of repute led by L & T RAMBOLL Consulting Engineers Limited. The project would consist of:

• International Airport - Developing the existing airport in Nagpur to international standards and making it a unique Multi - modal International Passenger & Cargo Hub Airport in the world. The Multi-modal Airport would be connected to the Rail and Road Terminal for passengers and cargo, hence crating a multi-modal concept. The airport would consist of two parallel runways and a semi – circular terminal building admeasuring 3 million Sq. ft., which would cater to a projected traffic of 14 million passengers and 8,70,000 tons of cargo a year by 2030.

• Special Economic Zone (SEZ) – Spread over an area of 2086 Hectares. The SEZ adjacent to the Nagpur airport will be an added advantage and trigger development of various activities in the region, with ample business incentives, trade concession and above all one window operation creating an efficient environment, committed entirely to do business. This SEZ would consist of:
  

  • Information Technology Park (I. T. Park) – Developing a state-of-the-art Information Technology Park covering an area of about 500 Ha., It would meet all the requirements of setting and operating an IT industry.

  • Health City – Spread over an area of 40 Ha. It would consist of a number of multi specialty hospitals providing super specialty treatments of international standard levied at Indian cost to meet the needs of not only the surrounding states but also the neighboring and other countries. It would also consist of a training institute for nurses and medical technicians.

  • Power Plant – This Eco friendly coal based power plant would generate uninterrupted quality power to meet all the electricity consumption needs of the entire SEZ, at most economical rates.

  • Manufacturing & Other Value Added Units – These would consist of Textile and Garment Zone, Gem & Jewellery Zone, Food Processing Zone and other sectors like Pharmaceuticals, Financial & Insurance Service and Bio Medical Sector.

The project would also be facilitated with a Rail and Road Terminal admeasuring 200 Hectares, with warehousing facilities & other ancillary to meet the logistic needs of the project, the region and the state. It would also consist of an International school with Spanish and French speaking teaching centre, which would suffice the educational needs of the children of the employees working in the MIHAN project. A full fledge recreation center for people to be entertained and spend their leisure time and adjoining the SEZ will be a top grade residential and commercial complex with entertainment facilities like golf course, Multiplex, Flying Club etc.

• MAHARASHTRA AIRPORT DEVELOPMENT COMPANY LTD. has been constituted by Government of Maharashtra to have focused attention for speedy planning and implementation of MIHAN Project.
• Nagpur Airport has been declared as International Airport for Passenger & Cargo Operation by Government
• The Techno-Economic Feasibility Study for setting up MIHAN project has been carried out by a consortium of Internationally reputed consultants led by M/s. L&T Ramboll Consulting Engineers Ltd.
• MADC is also declared as a Special Planning Authority for MIHAN project area by the Government of Maharashtra under Maharashtra Regional Town Planning Act 1966.
• Business Plan for the MIHAN - SEZ has been prepared by M/s. Scott Wilson Kirkpatrick India Pvt. Ltd.
• The MIHAN, SEZ has been granted notification by the Ministry of Commerce, Govt. of India.
• Total land area being acquired for MIHAN project is around 4025 Hectares, out of which 2086 Hectares will be used for Special Economic Zone. Till date 2468 Hectares of land has been acquired. The acquisition for the remaining land is being done on fast track basis.
• The Draft Development Plan and Development Control Regulations have been prepared by YASHADA, Pune.
• Geotech Consultants Pvt. Ltd. has completed the geotechnical investigations for the MIHAN Project
•  M/s. Credit Analysis & Research Ltd. (CARE), have given the BBB(L) credit rating for the MIHAN project

• Development of the Modern Township in MIHAN project on about 31 Acres has been awarded to M/s. Reatox Builders & Developers the construction work has began and M/s. Mahindra Bebanco Developers Ltd. have been allotted about 25 Acres for the same..
• The Environmental Clearance for MIHAN and related infrastructure has been obtained from Ministry of Environment & Forest. The MOEF has already given the Environment Clearance for the MIHAN project.
• Leading IT Companies like M/s. TATA Consultancy Services Ltd, M/s. Satyam Computer Services Ltd., M/s. HCL Technologies Ltd., M/s. Wipro Technologies Ltd., M/s. Hexaware Technologies Ltd. have taken land to set up their IT operations in the MIHAN, SEZ
• Leading Developers like M/s. L&T Infrastructure Development Projects Ltd., M/s. DLF Ltd., M/s. Shapoorji Pallonji & Co. Ltd., M/s. Ascendas, M/s. Ambuja Realty Development Ltd., M/s. RMZ Corp. and M/s. Karamchand Realtech Pvt. Ltd. have been alloted land for setting-up IT park in the MIHAN, SEZ.
• MADC has constantly persuaded Airlines to operate from Nagpur. Jet Airways, and Simplifly Deccan, Indigo already have daily flights to Nagpur. Air Arabia has started operations to Saharja, Indian have started operations to Bangkok, Air India Express have flights to Dubai and Qatar Airways have began flights to Doha and other domestic airlines have approached MADC for night parking.
• A Consortium of Bankers has sanctioned a loan of Rs.4000 Million and the State Govt. has allocated Rs.1000 Million for the MIHAN project.

• MIHAN has a strategic location, as it’s at the geometrical center of the country and is easily accessible by road and rail.
• Multi-modal International Hub Airport integrated with Rail and Road terminal will give an excellent Multi-modal transport system for Passengers and Cargo and save huge logistic cost.
• Project offers good returns on investments made.
• Availability of free hold land at reasonable rates.
• Availability of world-class infrastructure at economical rates will enhance operations.
• In-House Power Plants will ensure uninterrupted and quality power supply through well-planned distribution network.
• Adequate quantity of water supply.
• Easy availability of raw materials from vast catchments area.
• Availability of qualified and skilled manpower at economic wages.
• Inherent benefit of low cost of living compared to other cosmopolitan cities.
• Strong Administrative Support.
• One window operation with simple and fast application procedure.
• Fully Transparent Dealing.
• No limit on investments.