XSIO Industrial & Logistics Parks, in partnership with Blackstone, marked the Bhoomi Pujan and official ground-breaking of Park ONE – NORTH, a new-generation industrial and logistics development situated along the Samruddhi Mahamarg in Wadhgaon, Nagpur. The foundation ceremony was led by Maharashtra’s Chief Minister, Devendra Fadnavis, joined by senior officials from the state government. This event marks a significant step forward in the ₹5,127 crore agreement signed in May 2025 between XSIO and the Government of Maharashtra.
The investment forms a key part of a ₹2,000 crore FDI-backed program through which XSIO is building four technologically advanced, sustainable industrial and logistics parks across the state. Park ONE – NORTH spans 105 acres and is expected to generate more than 10,000 direct and indirect employment opportunities in the Vidarbha region. Speaking at the event, Chief Minister Shri Fadnavis emphasized that projects of this nature highlight Maharashtra’s commitment to fostering world-class infrastructure beyond major metropolitan centers. He noted that such initiatives drive inclusive development, create large-scale employment, and reinforce Maharashtra’s reputation as a preferred destination for global investors, linking growth with community progress and long-term prosperity.
Designed as a smart, future-ready industrial ecosystem, Park ONE – NORTH aims to achieve net-zero readiness and compliance with leading global ESG benchmarks. It incorporates advanced digital systems such as AI-led operations management and digital-twin platforms, along with solar integration, zero-liquid-discharge water processes, and internationally certified fire and safety infrastructure. The rapid movement from MoU signing to ground-breaking in less than half a year reflects both XSIO’s execution capabilities and the state’s supportive investment policies. This new project builds upon the success of XSIO Park One, an 85-acre flagship development in Central India that already holds IGBC Platinum and EDGE Advanced certifications.
Ashish Agrawal, Managing Director of XSIO Industrial & Logistics Parks, said the start of construction at Park ONE – NORTH captures the pace and ambition behind XSIO’s expansion. He highlighted that transforming global capital into industrial capacity, employment, and regional growth within months has been possible due to the strong collaboration between XSIO, Blackstone, and the Government of Maharashtra. He added that the company is committed to shaping India’s next wave of modern industrial and logistics infrastructure.
XSIO Industrial & Logistics Parks is recognized as a leading creator of Grade-A, ESG-aligned industrial and logistics assets in Central India. Working closely with Blackstone, the company is delivering ₹2,000 crore of FDI-backed developments across Maharashtra and Madhya Pradesh, with eight parks currently advancing in Nagpur, Pune, Mumbai, and Indore. Under its agreement with the Maharashtra government, XSIO’s projects are expected to support over 27,500 jobs and are designed to serve global manufacturers, 3PL operators, major e-commerce enterprises, and Fortune 500 supply chains. XSIO’s facilities are engineered to international compliance standards and hold Great Place To Work® certification for 2025–26.
Nagpur’s strategic location at the heart of India provides the XSIO industrial cluster with exceptional logistical advantages, offering rapid access to Mumbai, Delhi, Kolkata, and Chennai through the Samruddhi Mahamarg Expressway, NH-53, and multiple multimodal freight corridors. This central positioning enables faster transit timelines, optimized logistics costs, and highly resilient supply-chain operations.
The ceremony was attended by several dignitaries, including Chief Minister Devendra Fadnavis; Chandrashekhar Bawankule, Minister for Revenue and Guardian Minister of Nagpur; Uday Samant, Minister for Industries and Marathi Language; Ashish Jaiswal, Minister of State for multiple portfolios including Finance, Planning, and Labour; Members of the Legislative Assembly Sameer Meghe and Ashish Deshmukh; Dr P Anbalagan, Secretary of the Industries Department; Jayashree S Bhoj, Secretary of Environment & Climate Change; P Velrasu, CEO of MIDC; Dr Vipin Itankar, Collector of Nagpur; Sanjay Meena, Commissioner of NMRDA; and Tuhin Parikh, Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India at Blackstone.
XSIO Industrial & Logistics Parks is Central India’s leading developer of FDI-backed, Grade-A, ESG-compliant industrial and logistics infrastructure. In partnership with Blackstone, the company is advancing ₹2,000 crore worth of projects across Maharashtra and Madhya Pradesh, with eight industrial parks currently in various stages of development in Nagpur, Pune, Mumbai, and Indore. Through its commitments under the Maharashtra MoU, XSIO is enabling more than 27,500 direct and indirect jobs, while its parks are engineered to serve Fortune 500 supply chains, global manufacturers, 3PL providers, and e-commerce leaders. All XSIO assets meet global compliance standards, and the organization is certified as a Great Place To Work® for 2025–26.
