Maharashtra Airport Development Company Ltd.

Maharashtra Airport Development Company Limited (MADC) was constituted in the year 2002 by Govt. of Maharashtra as a special purpose company to develop Multi-modal International Hub Airport at Nagpur (MIHAN) and Aviation Infrastructure in the State of Maharashtra to provide the regional air connectivity.

MADC was formed with equity participation from -

• City and Industrial Development Corporation of Maharashtra Ltd. (CIDCO)
• Nagpur Improvement Trust (NIT)
• Maharashtra Industrial Development Corporation (MIDC)
• The State Industrial & Investment Corporation of Maharashtra Ltd....