MIHAN

Multi-modal International Cargo Hub and Airport at Nagpur
Nagpur's Dr. Babasaheb Ambedkar International Airport has the busiest Air traffic control room in India.
Location	Nagpur
Country	India

The Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. It is the biggest economical development project currently underway in India in terms of investments. The project aims to exploit the central location of Nagpur and convert the present airport into a major cargo hub with integrated road and rail connectivity.

This Project consists of two parts, namely

The Government of Maharashtra formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with total loan amount of INR 3,000 million along with investment from state government and Airports Authority of India. With a projected target of serving 14 million passengers and handle 0.87 million tones of cargo this is one of largest aviation project in India. The estimated capital cost of the project is INR 2581 crores (by year 2035) and is supposed to generate revenues INR 5280 crores.

The project has already spurred a real estate boom in Nagpur with property prices increasing 25 to 40 percent. Project is expected to add 12 million people to city’s population by means of direct and indirect employment. The project aims at boosting the economy of under developed Vidarbha region of Maharashtra and stop the brain drain to other parts of Maharashtra and India. From environmental perspective half a million trees would be planted and there would be no polluting industries in MIHAN.