New Delhi: The Cabinet Committee on Economic Affairs approved the construction of a 374 km, six-lane greenfield, access-controlled corridor connecting Nashik, Solapur and Akkalkot in Maharashtra, at an estimated cost of Rs 19,142 crore.
The project will be developed on a BOT (Toll) mode and is aligned with the PM Gati Shakti National Master Plan to strengthen integrated transport infrastructure.
The corridor will improve connectivity to key regional centres such as Nashik, Ahilyanagar and Solapur and further link to Kurnool, enabling seamless movement between the west and east coasts.
It will connect with major highway networks, including the Delhi-Mumbai Expressway near the Vadhawan port interchange, the Agra-Mumbai corridor at Nashik and the Samruddhi Mahamarg near Pangri.
Designed for high-speed and uninterrupted travel, the six-lane highway is expected to reduce travel time by around 17 hours and cut travel distance by 201 km.
It will also improve logistics efficiency for freight linked to key industrial nodes such as Kopparthy and Orvakal.
The project is expected to generate over 251 lakh man-days of direct employment and nearly 314 lakh man-days of indirect employment, while boosting economic activity across Nashik, Ahilyanagar, Dharashiv and Solapur districts.
