~Historic International Educity Launches in Navi Mumbai, Set to Revolutionize Education
In a ground-breaking move, CIDCO has signed four landmark Memorandum of Understanding (MoUs) at the World Economic Forum in Davos, Switzerland, under the visionary leadership of Hon’ble CM, Shri. Devendra Fadnavis, and guidance of the Honourable Deputy Chief Minister & Urban Development Minister, Shri. Eknath Shinde giving a major boost to Maharashtra’s economy. Shri. Vijay Singhal, IAS, Vice Chairman & Managing Director, CIDCO, played a pivotal role in facilitating these partnerships.
Two of these significant MoUs were signed with Eruditus and BookMyShow creating history in the development of Navi Mumbai. The MOU with Erulearning Solutions Private Limited (Eruditus), is signed for a proposed investment of Rs. 20000 to 25000 crore in 10 years, creating 20000 direct employment opportunities. Whereas MoU with BookMyShow involves an investment of ₹1700 crore to develop an outdoor entertainment arena in Maharashtra, creating 500 job opportunities in the state.
Global Education Hub: Navi Mumbai’s International Educity to Attract Students and Faculty from Worldwide
CIDCO has launched the first-ever International Educity in Navi Mumbai, bringing together 8-10 esteemed foreign universities from around the world. CIDCO, played a pivotal role in making this initiative a global benchmark. In a significant development, the International Educity in Navi Mumbai is poised to become a global learning hub, offering students from around the world, the opportunity to learn from renowned international faculty. For its commitment in creating a world-class educational hub, CIDCO has identified a prime location for this project, situated within a 5 km radius of the forthcoming Navi Mumbai International Airport. This ambitious initiative aims to create a vibrant academic community, fostering cross-cultural exchange and collaboration among students and educators from diverse backgrounds. With its focus on innovation, accessibility, and community engagement, this Educity is set to redefine the education landscape in India. In a pioneering initiative, Navi Mumbai will become home to India’s first-ever international university campus, featuring 8-10 foreign universities. This project will not only give a new identity but also will help in exponential development of Navi Mumbai.
Navi Mumbai emerges as India’s ultimate Outdoor entertainment Arena!
CIDCO has unveiled plans to develop a state-of-the-art Outdoor entertainment Arena in Navi Mumbai, on the basis of iconic venues like Madison Square Garden in New York and The O2 Arena in London. This ambitious project aims to create a unique and unparalleled entertainment experience, setting a new benchmark for the industry. The proposed venue will host a wide range of events, including concerts, sports, theatre productions, and more, catering to diverse audiences and tastes. To bring this vision to life, CIDCO has partnered with BookMyShow, combining the expertise of two industry leaders to ensure world-class standards and attention to detail.
Located in close proximity to Bollywood, this state-of-the-art outdoor entertainment arena boasts a massive capacity of 20,000 seated or 25,000 standing, making it the largest and first-of-its-kind in the country. This iconic venue will become the epicentre of entertainment, hosting a wide range of events, including concerts, awards shows, sports tournaments, and more throughout the year.
These landmark agreements are expected to propel Maharashtra’s economy forward, driving growth, employment, and opportunities for generations to come. With CIDCO’s commitment to innovative and sustainable development, Maharashtra is dignified to become a hub for business, entertainment, and education. This monumental development is poised to transform not only Navi Mumbai but also contribute significantly to the nation’s growth. The International Educity will feature a diverse range of universities, each specializing in various fields, thereby propelling the education industry forward and enhancing the value of education in national development.
Located in the vicinity of Navi Mumbai International Airport, this International Educity will enjoy proximity to key infrastructure, including Aerocity, Sports City, Medicity, Jawaharlal Nehru Port Trust, and proposed transport corridors, etc.
As the country’s one of its kind, this International Educity will serve as a model for future educational hubs, driving growth, employment, and opportunities for generations to come.
These investments are a testament to Maharashtra’s growing reputation as a premier investment hub. In a significant development, CIDCO has signed two additional Memorandum of Understanding (MoUs), further bolstering Maharashtra’s economy. One MoU was signed with Panchshil Realty, a leading real estate developer, for a proposed investment of Rs. 25,000 crore to set up a state-of-the-art data centre in CIDCO area. This project will not only enhance Maharashtra’s digital infrastructure but also create new avenues for businesses and entrepreneurs. The second MoU was inked with Welspun World, a renowned industry leader, for a proposed investment of Rs. 1500 crore in logistics park, creating a massive 2000 direct employment opportunities. With these two MoUs, CIDCO has reaffirmed its commitment to fostering economic growth, innovation, and job creation in Maharashtra. These MoUs will drive progress and prosperity for years to come.
