Mumbai: Since October 2025, the MIDC has disbursed 1,183 industrial plots to various industries, earning a revenue of Rs 5,502 crore.Currently it is in the process of acquiring 66,343 acres across Pune, Nagpur, Gadchiroli, Chandrapur , Palghar, Thane, Chhatrapati Sambhajinagar, Raigad, Ratnagiri, Nashik and Wardha.For 97 MoUs signed by the state govt with various industries there is a demand for 75,234 acres, the CM was informed during a review meeting held at his official residence on Wednesday.Fadnavis directed the process be simplified to reduce delays in approvals at the high power committee level, various administrative states and forest permission. He called for a fixed time-frame for land development depending on the nature of project and quantum of investment.“It will be mandatory to start construction within the stipulated time-frame and in case of delay in development a penalty should be levied in phases and a provision should be made for re-acquisition of land,” said Fadnavis.
