Maharashtra Unveils $11 Billion Innovation City Near Navi Mumbai Airport

Maharashtra Chief Minister Devendra Fadnavis announced the establishment of a large‑scale Innovation City near the Navi Mumbai Airport on January 22, 2026. The announcement was made on the sidelines of the World Economic Forum Summit 2026 in Davos, Switzerland.

He stated that the Tata Group is expected to invest about $11 billion to develop the city, including a major data centre. The initiative is designed to attract global innovation ecosystems, with the goal of positioning Mumbai as a leading plug‑and‑play innovation destination.

Government Outlines Innovation-Focused Urban Development

According to Fadnavis, the Innovation City aims to bring global innovation networks into Mumbai by providing a streamlined environment for technology‑led enterprises. He emphasised that the project will serve as a launchpad for companies seeking quick, efficient access to an innovation ecosystem.

The Maharashtra Chief Minister’s Office described the project as a long‑term strategic initiative aligned with the state’s broader technology and economic development plans. The government’s objective is to integrate global standards of urban development with cutting‑edge digital infrastructure.

Tata Group’s $11 Billion Commitment Underpins Major Infrastructure Plans

The Tata Group’s expected investment of about $11 billion forms the financial backbone of the Innovation City project. This includes the creation of a large data centre intended to support high‑capacity digital operations.

The project is being developed as a future‑ready hub that will contribute to Maharashtra’s ambitions in advanced technology domains. The investment commitment signals strong private sector participation in the state's long‑term innovation strategy.

Strategic Focus On AI, Semiconductors and GCC Expansion

The Maharashtra CMO highlighted that Innovation City is designed to place the state at the centre of high‑impact sectors such as artificial intelligence, semiconductors and Global Capability Centres. The initiative aims to foster research, development and enterprise‑led innovation across these areas.

Officials stated that the state is positioning itself to benefit from global shifts in technology, manufacturing and digital services. The broader plan is to create an environment that supports next‑generation innovation‑led growth.

Policy Direction Geared Towards Future-Ready Innovation Ecosystem

In an official statement, the CMO described the project as a responsible, world‑class innovation ecosystem built to strengthen the state’s economic future. The initiative is intended to support the development of breakthrough technologies through high‑impact research capabilities.

The vision includes anchoring innovation‑led enterprises that can elevate Maharashtra’s role on the global technology landscape. The project is expected to catalyse long‑term growth across multiple sectors linked to digital transformation.

Read More: Maharashtra Becomes No 1 Export-Ready State in NITI Aayog Index.

Conclusion

Maharashtra’s announcement of the Innovation City project marks a significant step in its ambition to become a global technology hub. With a planned $11 billion investment from the Tata Group, the initiative aims to create a large‑scale innovation ecosystem near the Navi Mumbai Airport.

The project will focus on advanced technologies, digital infrastructure and emerging sectors such as AI and semiconductors. As part of the state’s long‑term strategy, the Innovation City is expected to reshape Maharashtra’s economic and technological landscape.

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