Ramky Infra bags ₹3,000 cr Pharma Park project

The concession period will span 95 years, including a five-year construction period
| Photo Credit:
Andrii Yalanskyi

Ramky Infrastructure Ltd (RIL) has said that it bagged a ₹3,000-crore project to develop a ‘high-tech Pharmaceutical Park’ at the Dighi Port Industrial Area in Raigad district of Maharashtra.

The project will establish a large-scale integrated development comprising industrial zones, commercial areas, common infrastructure, utilities, internal road networks and designated open spaces.

A concession agreement between the Maharashtra Industrial Development Corporation (MIDC) and Maha Integrated Life Sciences City Ltd (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Ltd, has been signed to develop the project on a 1,000-hectare area.

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 ₹3,000 crore, said a company statement released here on Saturday.

The concession period will span 95 years, including a five-year construction period.

Published on March 14, 2026