Maharashtra to Develop Gadchiroli as New Steel Hub with ₹1 Lakh Crore Project

• ₹1 lakh crore steel hub planned in Gadchiroli to fuel regional industrial growth.
• Maharashtra government rolling out incentives, connectivity projects, and FDI support to attract investors.
• Major players including JSW and Surjagad Ispat are initiating steel and lithium plants, boosting employment.

In a great effort to industrialize eastern Maharashtra, the state government has said it will invest ₹1 lakh crore to turn Gadchiroli into a steel manufacturing center, the Industries Minister Uday Samant said. This massive initiative will also develop a high degree of steel ecosystem in neighbouring districts such as Chandrapur, Gondia and Bhandara. Supporting infrastructure planning- under the District Industry Council mission- will involve new industries zones, an interstate highway (Bhandara–Gadchiroli Expressway) and improved port and rail linkages as well as connections of air and water transport.

Several large projects are underway, including JSW’s ₹1 lakh crore mega steel plant which will be one of the largest steel plants in the world and the first green steel plant, and Surjagad Ispat’s ₹10,000 crore plant which was also given extra incentives by the State of Maharashtra to lower the risk of investing in Maoist impacted regions. Maharashtra has already seen ₹1.45 lakh crore new foreign direct investment so far this year, alongside ₹60000 crore in Chhatrapati Sambhajinagar, and ₹30,000 crore in Ratnagiri meaning that Maharashtra leads the nation in industrial investment.

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The government is looking to develop industries alongside developing skill sets, pursuing environmentally sustainable practices, ensuring inclusive growth, and introducing initiatives like Vishwakarma Yojana and rural micro-enterprise programs. In India, Maharashtra wants Gadchiroli, the new "steel city," to further push local industrialization based on infrastructure development and manufacturing that is sustainable, all with the hope of creating thousands of jobs and a complete transformation of the region.