Maharashtra Identifies Gadchiroli as Emerging Steel Hub with ₹1 Lakh Crore Investment Push

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Maharashtra Identifies Gadchiroli as Emerging Steel Hub with ₹1 Lakh Crore Investment Push

In a major industrial development, the Maharashtra government has announced a ₹1 lakh crore steel ecosystem project centered in Gadchiroli, aiming to transform the tribal-dominated district into a modern steel hub. The initiative is part of a broader strategy to accelerate industrialisation, create employment, and boost exports from eastern Maharashtra.

State Industries Minister Uday Samant unveiled the plan, highlighting that Gadchiroli, rich in iron ore reserves, is strategically positioned to support large-scale steel production and value-added manufacturing. The proposed ecosystem will include mining, integrated steel plants, downstream units, and logistics infrastructure to facilitate efficient material flow and export operations.

In addition to Gadchiroli, the state has earmarked major industrial investments for other eastern districts such as Chandrapur, Gondia, Bhandara, and Gadchandur. These districts will be integrated through dedicated industrial corridors and smart infrastructure. The project also aligns with the central government’s “PM Gati Shakti” initiative and Maharashtra’s ongoing industrial corridor development—including Auric City, Mhaswad Industrial Cluster, and the Dighi Port connectivity project.

Officials stated that the ₹1 lakh crore investment will come through a mix of public infrastructure development, private-sector participation, and central policy incentives under the Production Linked Incentive (PLI) schemes. The move is also expected to improve local employment, boost logistics efficiency, and attract ancillary industries like cement, engineering goods, and green energy.

Industry observers have welcomed the announcement, calling it a “game-changer” for Maharashtra’s industrial map. The initiative is seen as a crucial step toward decentralizing industry from urban centers and unlocking the economic potential of resource-rich but underdeveloped regions.