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Maharashtra Industrial Development Corporation

Industrial Development and Infrastructure ~30 employees
Founded
--
Employees (Est.)
~30
3 leaders known
Total Funding
$17.0B
Funding Rounds
1
Last Funding
2023-01-17

About Maharashtra Industrial Development Corporation

The Maharashtra Industrial Development Corporation (MIDC) is a government body dedicated to promoting industrial development in Maharashtra, India. It plays a crucial role in the state's economic and industrial growth by providing infrastructure, facilitating investments, and supporting micro, small, and medium enterprises (MSMEs). MIDC aims to create sustainable industrial progress through industry-friendly policies, innovation, and robust infrastructure.

Products & Services

Industrial Land Allotment:Allocation of land plots for industrial purposes through a structured process for investors.
Single Window Clearance:Streamlined approval process for industrial projects to facilitate ease of doing business.
Infrastructure Development:Development of industrial areas with essential facilities like power, water, and connectivity.
Investor Support Services:Guidance and support for investors, including policies, incentives, and grievance redressal.

Specialties

Industrial Infrastructure Development Investor Facilitation MSME Support Sustainable Industrial Growth Industry 4.0 Technology Integration

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: MOU
T: -
FT: MOU
A: 17000000000
MR: -
FA: in excess of $17 billion
FAN: 17000000000
D: 2023-01-17
FD: 2023-01-17
-
MOU Latest
2023-01-17
$17.0B

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

U

Uday Samant

Minister (Industry)

I

Indranil Naik

Minister of State (Industry)

P

P. Velrasu

Chief Executive Officer, MIDC

Recent News

Maharashtra Industrial Development Corporation Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Industrial Development and Infrastructure
Company Size
~30 employees (est.)

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Technology Stack

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