Mumbai, Nov. 17 -- XSIO Industrial & Logistics Parks, in partnership with global investment firm Blackstone, has begun construction of Park ONE- North, a next-generation industrial and logistics park in Nagpur.

Maharashtra Chief Minister Devendra Fadnavis led the ceremony, marking progress on the Rs 5,127 crore MoU signed between XSIO and the state government in May 2025.

The Rs 2,000 crore Foreign Direct Investment (FDI) backed project is part of XSIO's plan to develop four advanced industrial parks across Maharashtra.

Spread across 105 acres, the Nagpur facility is expected to create more than 10,000 direct and indirect jobs, as reported by PTI.

Fadnavis said the project reflects Maharashtra's efforts to expand high-quality infrastr...