MIDC Signs Agreement with MILeS City, Subsidiary of Ramky Infrastructure Ltd, to Develop ~INR 3,000 Cr High-tech Pharmaceutical Park in Raigad, Maharashtra

Hyderabad | 20th March 2026 : Ramky Infrastructure Limited (RIL) today announced the execution of a Concession Agreement between the Maharashtra Industrial Development Corporation (MIDC) and Maha Integrated Life Sciences City Limited (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Limited, for the development of a High-Tech Pharmaceutical Park at the Dighi Port Industrial Area in Raigad district, Maharashtra. The project will be implemented on a Public-Private...

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MIDC Signs Agreement with MILeS City, Subsidiary of Ramky Infrastructure Ltd, to Develop ~INR 3,000 Cr High-tech Pharmaceutical Park in Raigad, Maharashtra
bsidiary of Ramky Infrastructure Ltd, to Develop ~INR 3,000 Cr High-tech Pharmaceutical Park in Raigad, Maharashtra
Hyderabad | 20th March 2026 : Ramky Infrastructure Limited (RIL) today announced the execution of a Concession Agreement between the Maharashtra Industrial Development Corporation (MIDC) and Maha Integrated Life Sciences City Limited (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Limited, for the development of a High-Tech Pharmaceutical Park at the Dighi Port Industrial Area in Raigad district, Maharashtra. The project will be implemented on a Public-Private...
Full Story: https://www.sangritoday.com/spotlight/midc-signs-agreement-with-miles-city-subsidiary-of-ramky-infrastructure-ltd-to-develop-inr-3000-cr-high-tech-pharmaceutical-park-in-raigad-maharashtra
https://www.sangritoday.com/spotlight/midc-signs-agreement-with-miles-city-subsidiary-of-ramky-infrastructure-ltd-to-develop-inr-3000-cr-high-tech-pharmaceutical-park-in-raigad-maharashtra
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MIDC Signs Agreement with MILeS City, Subsidiary of Ramky Infrastructure Ltd, to Develop ~INR 3,000 Cr High-tech Pharmaceutical Park in Raigad, Maharashtra
MIDC Signs Agreement with MILeS City, Subsidiary of Ramky Infrastructure Ltd, to Develop ~INR 3,000 Cr High-tech Pharmaceutical Park in Raigad, Maharashtra

Hyderabad | 20th March 2026 : Ramky Infrastructure Limited (RIL) today announced the execution of a Concession Agreement between the Maharashtra Industrial Development Corporation (MIDC) and Maha Integrated Life Sciences City Limited (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Limited, for the development of a High-Tech Pharmaceutical Park at the Dighi Port Industrial Area in Raigad district, Maharashtra.

The project will be implemented on a Public-Private Partnership (PPP) basis under the Design, Build, Finance, Operate and Transfer (DBFOT) model, with an estimated project cost of INR 3,000 crore excluding the operating income to be generated during the 90 years operation period. The concession period will span 95 years, including a construction period of five years which RIL expects to execute in coming 5 years would form part of the Order Book of RIL aggregating it to INR 13,500 Crores.

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