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Maharashtra Airport Development Company

Industry  Airport Development
Founded  2002
Founder  Government of Maharashtra
Type of business  Special Purpose Company
Maharashtra Airport Development Company httpsmediaglassdoorcomsqll735097maharashtr

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Maharashtra Airport Development Company Limited abbreviated as (MADC), is a Special Purpose Company constituted in 2002 by the Government of Maharashtra (GoM) to play a lead role in the planning and implementation of the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) project, MADC would also take up development of other Airports in Maharashtra not managed by the Airports Authority of India (AAI) and Indian Air Force (IAF) in order to provide air connectivity between District Headquarters and State Capital, Mumbai.

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Formation of MADC

Keeping in mind all the key objectives, MADC was formed with equity participation from

  • City and Industrial Development Corporation Ltd. (CIDCO),
  • Nagpur Improvement Trust (NIT),
  • Maharashtra Industrial Development Corporation (MIDC),
  • Maharashtra State Road Development Corporation Ltd. (MSRDC) and the
  • Nagpur Municipal Corporation (NMC)
  • Integrated with the development of MIHAN, the master plan of the project consists of a Special Economic Zone comprising an Information Technology City, a Health City, a Captive Power Plant and other Manufacturing and Value Added units.

    Existing Airports

    The MADC has been tasked with developing some existing airports in Non-Metropolitan regions of Maharashtra. These are :

  • Amravati Airport
  • Chandrapur Airstrip
  • Dhule Airport
  • Jalgaon Airport
  • Karad Airport
  • Phaltan Airstrip
  • Solapur Airport
  • The remaining airports in the State of Maharashtra continue to remain under the jurisdiction of the MIDC.

    Greenfield Airports

    The Government has approved proposals for developing three greenfield airports.

  • Shirdi Airport
  • Chhatrapati Sambhaji Raje International Airport near Purandhar in Pune district
  • Boramani International Airport in Solapur
  • References

    Maharashtra Airport Development Company Wikipedia

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