Maharashtra Approves ₹6,500 Crore for Hi-Tech ‘New Nagpur’
NAGPUR: On Wednesday, the state cabinet approved the ambitious ₹6,500-crore ‘New Nagpur’ initiative, designed to create a high-tech city and business hub in Hingna taluka. This project aims to position Nagpur alongside India’s leading tech cities, such as Hyderabad and Bengaluru, featuring an International Business and Finance Centre (IBFC) intended to foster a modern ecosystem for industries, startups, and corporate offices. The Nagpur Metropolitan Region Development Authority (NMRDA) is responsible for implementing the project and has engaged NBCC (India) Limited as the project consultant, leveraging their extensive experience in large-scale urban developments. A senior official stated that work will commence…